Trump brings in new 10% tariff as Supreme Court rejects his global import taxes.

US President Donald Trump swiftly imposed a new 10% global tariff on imports, acting immediately after the Supreme Court delivered a scathing rejection of his previous widespread trade duties. The…

New Year’s sport supplement buying drives January retail sales surge

However, despite this encouraging headline figure, economic experts are exercising caution, warning that the momentum might be temporary. They point to the broader trend over the three months leading up…

UK government finances better than expected in January

According to the Office for National Statistics (ONS), the surplus – which represents the difference between the government’s income from taxation and its expenditure – reached an impressive £30.4 billion…

Etsy sells second-hand fashion app Depop to eBay for $1.2bn

Depop’s journey began in the UK, quickly establishing itself as a unique blend of social media and e-commerce. Its app-centric model, emphasizing visual aesthetics and user-generated content, resonated deeply with…

Warmer winter hits profits at British Gas owner Centrica

Centrica reported an overall operating profit of £814 million for the year, a stark contrast to the £1.55 billion recorded in 2024. This substantial decline underscores the volatility inherent in…

Defence giant BAE hails record sales as workers remain on strike

Defence giant BAE Systems, a behemoth in the global aerospace and security industry, has announced unprecedented financial results for 2025, revealing record sales and soaring profits amidst a backdrop of…

Are UK interest rates expected to fall soon?

The Bank of England’s Monetary Policy Committee (MPC) opted to hold its benchmark interest rate steady at 3.75% during its initial meeting of 2026, maintaining the rate at its lowest…

Plan to increase youth minimum wage could be delayed.

Ministers are currently reviewing a significant pledge to equalize the minimum wage for young adults, a move that could see the planned increase for 18-to-20-year-olds delayed. This reconsideration marks a…

How are UK passport rules changing for British dual nationals?

A new set of UK immigration regulations, set to take effect on February 25th, is causing a significant scramble and considerable distress among British dual nationals. These changes are poised…

UK unemployment hits 5.2%, highest rate for nearly five years.

The United Kingdom’s labour market experienced a significant downturn at the close of 2025, with official figures revealing that the unemployment rate climbed to its highest level in nearly five…