Business Backs Burnham's Devolution and Growth Plans
Andy Burnham's speech promising 'good growth in every British postcode' and a 'Number 10 North' draws positive reactions from business leaders across the UK.
Category : Economic Growth
Burnham pledges living standards boost in major speech
Andy Burnham declared a 10-year mission to boost UK living standards in a major speech, acknowledging people 'can't wait forever' as he eyes the Prime Minister role.
ICAEW: System Must Work with Business, Not Against It
Robert Lloyd-Griffiths, ICAEW Wales director, argues that reducing regulatory burdens and simplifying processes are key to boosting productivity and economic growth across Wales.
Tesco Clubcard Opens to Teens Aged 16-17
Tesco launches Clubcard for 16-17-year-olds, granting access to member prices and points. Teens need parent invitation via app. Over 24 million UK households use Clubcard.
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Swansea Uni Awards £30k to Female Entrepreneurs
Swansea University awarded £30,000 to five female-led startups in the WE Innovate National programme, with first prize going to Sahar Sattar's DAWN surgical training venture.
BCC boss urges new PM to ease business burdens
Shevaun Haviland, director general of the British Chambers of Commerce, will warn the next prime minister and chancellor to reduce business costs to boost the UK economy, as nominations to replace Sir Keir Starmer open in two weeks.
Tram Network Proposed in BCP Growth Plan
A tram network is proposed as part of BCP Council's 10-year growth plan to better connect Bournemouth, Christchurch and Poole by 2036, but funding and space challenges remain.
Apexon Signs Strategic Collaboration Agreement with AWS
Apexon has entered a Strategic Collaboration Agreement with AWS, aiming to accelerate cloud adoption and digital transformation for clients globally.
StubHub Fined £900,000 Over Hidden Fees, Fans to Get Refunds
Ticket reseller StubHub UK fined almost £900,000 for drip pricing. Over 50,000 fans will receive automatic refunds averaging £10 each after hidden fees were charged.
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Co-ops and Mutuals Vital for Wales Economy
Bethan Webber, CEO of Cwmpas, highlights how co-operatives and mutuals can transform the Welsh economy through community wealth building, with 519 co-ops generating £500m income and 84% paying Real Living Wage.
Hong Kong Rises to Second in Global Competitiveness
Hong Kong has climbed to second place in the latest global competitiveness ranking, surpassing Singapore and trailing only Switzerland, according to the IMD World Competitiveness Center.
DWP to Swap Cash Benefits for Therapy and Coaching
The DWP is considering allowing benefit claimants to swap cash payments for mental health therapy, physiotherapy, skills training, and job coaching under a major shake-up.
England superfan sells home for World Cup trip
Andy Milne, 63, from Northwich, put his second home on the market to afford his World Cup journey to Dallas, Texas, and says he has no regrets.
State Pensioners Can Get Extra £7,945 via Annuities
State pensioners can add £7,945 to their income by purchasing annuities, as premiums rise 4% to £7.4bn in 2025, offering higher returns amid the cost of living crisis.
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Waitrose Halts Mackerel Sales Over Sustainability Fears
Waitrose becomes first UK supermarket to suspend mackerel sourcing due to overfishing concerns, offering sustainable alternatives like herring and sardines.
Bristol Airport Loses Appeal Over Cardiff Airport Subsidy
The Competition Appeal Tribunal has rejected Bristol Airport's appeal against Welsh Government plans to provide £205m in subsidy to Cardiff Airport, upholding the original ruling from April.
UK Approves Final £134m for Cardiff Capital Region City Deal
The UK Government has approved the final £134m tranche of its £1.2bn City Deal commitment for the Cardiff Capital Region, following a successful second gateway review.
Bin Strike Resolution Will Take Time, Warns New Leader
New Birmingham council leader Roger Harmer warns ending the 17-month bin strike will not happen quickly despite a pre-election 'deal' pledge between Unite and Labour.
Sainsbury's Switches to White Eggs for Net Zero
Sainsbury's is replacing all own-brand brown eggs with white-shell alternatives to lower carbon emissions, aiming for net zero by 2035 in operations and 2050 across suppliers.
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Welsh Minister Slams GWR Over Train Service Opposition
Wales' transport minister Mark Hooper criticises Great Western Railway for objecting to Transport for Wales' plans to extend direct train services from west Wales to Bristol.
Welsh Government Targets Halving Productivity Gap
The new Plaid Cymru Welsh Government aims to halve Wales' productivity gap with the UK average within a decade, focusing on skills, education, and a new development agency.
Octopus Energy Standout Announcement for 8 Million Customers
Octopus Energy announces standout customer satisfaction ratings, outperforming the market with 90% satisfaction, leading in service and trust.
Wales needs a sharper economic agency, not a WDA replica
Dylan Jones-Evans argues that a new Welsh development agency must focus on scaling firms, strengthening supply chains, and retaining value, not just recreating the old WDA.
North West business confidence surges, Lloyds survey shows
Business confidence in the North West rose 16 points to 54% in May, with 52% of firms planning to hire, according to Lloyds Bank's Business Barometer.
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GCHQ Plans World-First National AI Cyber Defence System
GCHQ has developed plans for a new national AI cyber shield, the first of its kind globally, to detect threats to critical infrastructure within five years.
Net Zero Industries Add £4bn to Welsh Economy
New research shows net zero industries contribute £4bn GVA to Wales, support 41,300 jobs, and offer higher wages. Wrexham leads with 7% local GVA.
Inheritance Tax Gifting Rule: Family Over HMRC
From April 2027, pensions lose IHT exemption. Gifting cash as PETs can save tax if you survive 7 years. Regular income gifts and annual allowances also help reduce IHT.
UK Heatwave to Break 1922 May Record with 33C Highs
The UK is set for a prolonged heatwave with temperatures reaching 33C, potentially breaking the 1922 May record of 32.8C in London.
Freeports and Investment Zones Can Boost All of Wales, UKREiiF Told
At UKREiiF in Leeds, leaders argued that Wales' freeports and investment zones can complement each other, driving growth across the nation with tax incentives and collaboration.
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£38bn War Chest to Create New Jobs and Boost Regeneration
A £38bn war chest has been announced to create new jobs and boost regeneration across the West Midlands, aiming to transform the region's economy.
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