Labour's proposed 3p per mile electric vehicle tax faces fierce criticism from industry experts who warn it will cost fleet operators hundreds of millions and undermine decarbonisation efforts.
Welsh Labour's 2026 Senedd manifesto acknowledges economic growth as crucial after years of weak productivity, but questions remain about its credibility and ability to deliver transformative change beyond bureaucratic strategies.
Lionel Barber, former Financial Times editor, warns the UK must become more business-friendly and adopt AI to counter economic decline and attract global firms like Capitol AI.
Major regeneration schemes in Birmingham, Coventry, and Wolverhampton are set to attract £5.5 billion in investment and create over 30,000 new jobs, with bosses predicting a massive impact on the region's economy.
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ValueSelling Associates, a global sales training firm, strengthens its Asia-Pacific presence by appointing Kevin Sun as Managing Partner in China and Tetsuro Yamamoto in Japan, enhancing local language delivery and global alignment.
Cornish Tin has raised £2.2 million to accelerate exploration at the historic Wheal Vor mining site in Cornwall, targeting tin, lithium, and copper deposits to support domestic critical mineral supply.
Prime Minister Sir Keir Starmer will convene top executives from Shell, HSBC, Goldman Sachs, and other major firms on Monday to address the escalating energy crisis triggered by the Iran war, with discussions on targeted support and regional de-escalation
The Association of Chartered Certified Accountants in Wales calls for business rates reform and a world-class skills system ahead of the Senedd election, emphasizing sustainable growth and net-zero transition.
A new mayoral development zone in the Don Valley promises a £1.3bn economic boost, over 18,500 new jobs, and more than 10,500 new homes across Sheffield and Rotherham.
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The OECD has downgraded UK GDP growth predictions for 2026 to just 0.7% due to the Middle East conflict, marking the largest downgrade among G7 nations. Inflation is expected to spike, putting the economy near recession.
A £50 million Local Innovation Partnerships Fund has been announced to support advanced manufacturing, health sciences, and creative tech businesses in the West Midlands, aiming to create jobs and accelerate economic growth.
Italian restaurant venture Bosco has opened its first Welsh location in Cardiff with a £350,000 loan from the Investment Fund for Wales, fueling plans for further expansion across Wales over the next 18 months.
County Durham solar innovator Power Roll signs a joint development agreement with Tokyo Gas, marking the first use of its lightweight perovskite solar films outside Europe, following a North East trade mission.
First Minister Eluned Morgan commits to strengthening the Development Bank of Wales while dismissing calls for a new Welsh Development Agency, focusing on business support and innovation funding.
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EDF appoints Mark Hartley as the new chief executive of Hinkley Point C nuclear power station in Somerset, replacing Stuart Crooks after his 40-year tenure. The leadership transition marks a strategic move for Britain's ambitious nuclear energy plans.
Cumberland Council's nuclear issues board discussed the Pioneer Park energy project, described as a 'supercomputer for west Cumbria', focusing on small modular reactors to power data centers and AI systems.
Richard Walker, a Labour peer and Iceland chair, calls for a temporary profit cap on energy and petrol companies to prevent profiteering as economic growth slows and household bills rise.
A major £50 million funding boost has been announced for the West Midlands to support innovative businesses, create new jobs, and accelerate regional economic growth through advanced manufacturing and tech sectors.
The Anglesey Freeport has received £25 million in seed funding from the UK and Welsh governments to kickstart seven key infrastructure projects, aiming to create 5,000 new jobs by 2030.
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Chancellor Rachel Reeves details £1.7bn funding for Northern growth, including a Manchester digital campus, Liverpool cryogenics facility, and South Yorkshire defence support, amid regional unemployment challenges.
A new Mayoral Development Corporation in East Birmingham has been approved to attract billions in investment, create tens of thousands of jobs, and address severe deprivation in the area.
Chancellor Rachel Reeves advocates for closer UK-EU regulatory ties to reduce trade barriers and inflation, with a £2.3bn investment for the West Midlands and Northern England to spur local growth.
Chancellor Rachel Reeves announces a roadmap for fiscal devolution, with Manchester and Liverpool receiving £270m in funding to boost regional growth and economic opportunities.
Swindon Borough Council reports 30 companies in active talks to relocate, potentially creating thousands of high-quality jobs, with drone manufacturers and higher education hubs leading the charge.
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British Business Bank research shows a sharp decline in equity deals and business numbers in Wales, contrasting with modest growth in other UK regions.
Energy giant Octopus Energy is contacting customers to inform them of significant bill reductions starting April 1, 2026, following government intervention that will save typical households £117 annually.
Defence company Banair has purchased two plots at Wyeside Enterprise Park in Powys from the Welsh Government to develop and test its lightweight aluminium vehicle bridging system, creating up to 30 jobs.
The India North England Opportunity Summit will celebrate growing business ties and mark a year since the Indian consulate opened in Manchester, urging exporters to seize opportunities under a new trade agreement.
West Yorkshire Combined Authority has agreed a £230 million funding package for projects across Leeds, Bradford, Calderdale, Kirklees and Wakefield, focusing on transport, business growth and housing development to stimulate the local economy.
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New GDP figures reveal the UK economy showed no growth in January 2026, with production falling and construction rising slightly. Experts warn of serious recession risks and looming impacts from the Middle East crisis.
