Britain’s economy grew less than expected in the third quarter, official data showed on Friday, dealing a blow to the Labour government that has set its sights on growth expansion. Gross domestic product (GDP) grew by 0.1 percent in the July-September period, a slowdown compared to 0.5-percent growth in the second quarter, the Office for … Read more
Herbal Essences, a well-known brand for hair care products, has found itself under fire this week as UK shoppers express outrage over the reduction in the size of its bottles while prices remain unchanged. Consumers have discovered that their favourite products, including Herbal Essences’ Dazzling Shine, Hello Hydration, Daily Detox, and Ignite My Colour moisturisers, … Read more
UK state debt is as big as the country’s economic output for the first time since the 1960s, data showed Friday, as the new government warns of tough fiscal decisions before its maiden budget. Public sector net debt “was provisionally estimated at 100 percent of gross domestic product at the end of August”, the Office … Read more
The UK economy’s recovery from recession was stronger than previously thought in the first quarter, official data showed Friday, partly lifting embattled Prime Minister Rishi Sunak before next week’s election. Gross domestic product expanded by 0.7 percent in the first three months of this year, the Office for National Statistics (ONS) said in a statement, … Read more
Britain’s economy stagnated in April after emerging from recession in the first quarter of the year, official data showed Wednesday, dealing a setback to Prime Minister Rishi Sunak ahead of next month’s general election. The zero growth in April followed an expansion of 0.4 percent in March, according to the Office for National Statistics. Britain … Read more
During his recent Policy Exchange speech, Prime Minister Rishi Sunak outlined various threats to the UK, including concerns related to Russia, Iran, North Korea, China, the Middle East, conflicts in 18 African countries, energy, immigration, crime, and cancel culture. However, he highlighted that financial insecurity is the most pressing issue for many Britons. The country’s … Read more
The UK took a leap of faith to address the problem of space debris and sustainability in space exploration with a new funding announcement last week. The UK government has announced an upgrade in space funding which would help the UK Space Agency to increase the lifespan of British-built satellites, tackling the space debris issue … Read more
In January this year, for the first time in more than 14 years, China’s consumer prices fell at their steepest pace. According to official data published by the National Bureau of Statistics, the consumer price index fell by 0.8 per cent in January 2024, compared to that of January 2023. The steep drop in January … Read more
Amidst pressure to act regarding AI safety-related issues, the UK government has taken the bold step of stricter AI regulation as it published an AI Regulation White Paper consultation. The Department for Science, Innovation and Technology announced on February 6 a new AI regulation white paper which would help UK regulators with over £100 million … Read more
UK industries and businesses are set to get a major boost to take the net zero transition leap as the UK government has announced over £190 million in funding. The Department for Energy Security and Net Zero announced £190 million in funding for 12 winning projects on January 22. This is to develop plans to … Read more
