Tata Steel’s £500m Aid: Balancing Green Production and Job Retention
Port Talbot’s prominent steelworks is set to receive a generous package of up to £500m from the UK government. The objective? To encourage the production of greener steel. However, there’s…
Increase in Interest from Non-EU Job Seekers in the UK
Over the past year, the United Kingdom has witnessed a notable rise in job search activity from international candidates. This trend can be attributed in part to the easing of…
Debt Risk with BNPL: 16 Million UK Residents Unaware
Research from responsible lender, Creditspring, reveals that around 16 million UK residents are unaware of the potential financial risks linked to ‘Buy Now Pay Later’ (BNPL) services. The study highlights…
The Enduring Influence of Adam Smith: Britain’s Most Influential Economist for Over 300 Years
In the year 2023, the world celebrates the 300th birth anniversary of Adam Smith, the renowned 18th-century British economist who continues to be recognized as the founding figure of modern…
Survey Reveals Tax Hikes Leading to Deferred Investment in Nearly Half of UK Companies
Approximately 50% of medium-sized companies in the UK intend to postpone their investment plans in response to the recent increase in corporation tax. Economists attribute the sluggish growth in British…
Britain’s Mass “Relocation”
In response to uncertain geopolitical conditions, manufacturing companies are expediting the process of “relocalization” in their supply chains, opting to rely more on local suppliers A recent study by Make…
This London warehouse is manned by an army of 2,000 robots
Driven by an algorithm, a fleet of 2,000 robots operates in a warehouse located in London to collect up to two million food items per day, a rate that is…
Britain is running out of salad
Some British supermarket chains are rationing lettuce. But that’s just the tip of the iceberg According to government and industry officials, a dearth of salad ingredients, including tomatoes, in the…
Will there be hydrogen in gas in Great Britain?
Amidst Europe’s “zero net emission” goal and Great Britain’s aspiration for energy independence, the country has decided to accelerate its pursuit of hydrogen (H2). This involves revising its targets for…
Record rise in UK wages did not offset the impact of inflation
According to the Office for National Statistics (ONS), the average wages of workers in the United Kingdom increased by 6.7% in the fourth quarter of 2022. This marks the largest…