Economy

Local tech set for take off with 14 new projects supported by government funding

Communities across the UK are going to benefit from new jobs, inclusive innovation, and stronger local economies, as 14 regionally focused tech initiatives are launched under the government’s £1 million Regional Tech Booster programme.

UK predicted to lead G7 Nations in inflation rate

The UK is set to experience the highest inflation rate among the advanced G7 economies in the current year.

UK’s drive for a fairer international financial system

Foreign Secretary James Cleverly is set to unveil the UK's renewed commitment to a more equitable international financial system at the UN General Assembly (UNGA) 

Sustainability is driving asset value not location

In recent years, ESG focus and the drive for net carbon zero have illuminated markets. This sparked sustainability rules and investor shifts, affecting asset value nationwide.

Strengthening ties: UK and Singapore forge strategic partnership

UK prime minister Rishi Sunak has inked a strategic partnership with Singapore, helping the economy and reinforcing shared security objectives.

Cutting back on spending during the current economic climate

The cost of living crisis and the current economic climate continue to create severe financial difficulties for many households in the UK. In times of such high inflation and soaring food costs, it is not surprising, therefore, if the consumer purchasing habits change.

How to reframe a threat to your company into an opportunity

Recent years witnessed seismic shocks: Covid-19, Russia's Ukraine invasion, and global inflation. Escalating, fueled by political instability, It is now essential to reframe any threat to your company.

International investors set to converge at Northern Ireland investment summit

In a pivotal event for Northern Ireland's economy, the upcoming Northern Ireland investment summit attracts over 100 global investors, underscoring the region's innovative prowess.

UK basic wage surge sparks inflation concerns

The UK basic wage growth has reached a new record high, posing challenges for the Bank of England (BoE) amid concerns about long-term inflation pressures.

Cost of oil price cap leads to pressure on Putin’s finances

Six months since its initiation, the UK-supported oil price cap on Russian oil and products continues to exert significant pressure on Putin's finances.

Seeking solutions for poor wages in Europe

European employment indicators may seem optimistic, but poor wages contribute to financial distress for many families across the continent.

Taiwan and the UK strengthening trade amidst 26th annual Taiwan talks

UK and Taiwan: Minister for International Trade Nigel Huddleston will co-host 26th annual Taiwan Trade Talks to enhance trade and investment opportunities

UK and Middle East strengthen ties during foreign secretary’s visit

Foreign Secretary James Cleverly is embarking on a 3-day visit to Qatar, Kuwait, and Jordan, highlighting the UK and Middle East region's growing partnership.

UK and India conclude 11th round of FTA negotiations

On 18 July 2023, the United Kingdom and India successfully wrapped up the eleventh round of talks to establish a Free Trade Agreement (FTA) between the two nations.

Closing the gaps in the cashless economy

What must governments do to transition to the cashless economy? Policymakers need to address issues by protecting access to cash and to the financial system.

UK economy set for £1 billion boost with Electronic Trade Documents Act

The UK's economy is set to receive a £1 billion boost by implementing the innovative Electronic Trade Documents Act, enabling paperless trade.

UK and Turkey initiate talks on new trade agreement

The UK and Turkey have announced their intention to commence negotiations on an updated free trade agreement (FTA).

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