Business

Amber Rudd

UK government proposal to prioritize British workers sparks reactions from employer organizations

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There has been a strong reaction from employer organizations to the UK government's recent proposal to make firms prioritize British over immigrant workers. In a...
Hard Brexit business leaders warn Prime Minister

Hard Brexit could smash UK economy business leaders warn

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A Hard Brexit could smash the UK economy, business leaders have warned Prime Minister Theresa May in an open letter, urging her to avoid...
Lloyds Banking Group

The UK government scraps plans for a Lloyds Bank retail sale

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The British government has scrapped plans for a retail sale of the 9% of Lloyds Bank the taxpayer still owns. According to a statement by...
solar panels

UK solar panels produce more electricity than coal for 6 months in 2016

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For the first time ever, solar panels in the United Kingdom generated more electricity than coal-fired power stations in the 6 months to September. From...
five pound notes

IMF raises forecast for UK GDP growth this year

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The International Monetary Fund increased its forecast for UK GDP growth this year to 1.8%, citing resilient consumer spending in Britain, accepting that it...
first time buyers

First-time buyers market shrinks as trading up owners don’t sell

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First-time buyers are being denied the chance to get on the property ladder because home owners are renting out rather than selling properties at...
gatwick-second-runway-impression

Decision to be made shortly on airport expansion in South East England

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UK Transport Secretary Chris Grayling said on Sunday that a decision on where to expand airport capacity in the South East of England will...
wealth building

Wealth building ‘harder for young adults today’

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Wealth building for the future is 'harder for today's young adults,' say researchers who offer fresh evidence of a growing intergenerational divide in Britain. A...
Hinkley Point nuclear power plant

Hinkley Point C nuclear power station contract signed

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An $18bn deal has been signed by the British government, French energy giant EDF and Chinese firm CGN for the construction of the Hinkely...
construction industry London buildings

Construction ‘moving into the era of the robots,’ says industry leader

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The construction industry is "moving into the era of the robots," says Alison Carnwath, chair of Land Securities, the UK's largest commercial property development...