Reeves abandons income tax rise in budget U-turn
Chancellor Rachel Reeves drops planned income tax increase in November budget while China faces factory slowdown. Follow the latest economic developments and market impacts.
Chancellor Rachel Reeves drops planned income tax increase in November budget while China faces factory slowdown. Follow the latest economic developments and market impacts.
The UK economy expanded by just 0.1% in Q3 2024, with a crippling cyber-attack on Jaguar Land Rover dragging manufacturing output to a 73-year low in September. Discover the full impact.
Discover the real electricity output of solar panels in British weather conditions. Learn about kWp ratings, seasonal variations, and how to maximise your renewable energy generation for optimal savings.
Britain's automotive sector shows strongest growth since May 2024 as Jaguar Land Rover expansion and improved supply chains drive manufacturing revival. Exclusive analysis of the latest PMI data reveals surprising economic resilience.
Britain's manufacturing sector experiences strongest growth since May 2022, driven by Jaguar Land Rover's production boost and rising business optimism despite ongoing cost pressures.
Britain's economic recovery hit a roadblock in August with zero growth, raising concerns about the nation's financial resilience amid ongoing challenges.
Britain's economy showed no growth in April 2024, with wet weather dampening retail sales and construction output. Get the full analysis of the UK's economic standstill.
Unite union leader Alan Jones issues stark warning as Britain's manufacturing sector faces catastrophic decline, calling for immediate intervention to save vital industries and skilled jobs.
Germany faces mounting economic challenges as industrial output declines and business confidence wanes, sparking concerns about Europe's largest economy entering a recession phase.
Major production disruption hits Ford's UK operations as aluminium supplier Novelis implements dramatic price hikes, threatening vehicle output and consumer prices.
Ford CEO Jim Farley takes personal charge of massive vehicle recall, vowing to overhaul safety protocols and restore customer trust after series of mechanical failures.
Exclusive: Victorian authorities have dismantled a sophisticated alleged drug manufacturing operation in a quiet Melbourne suburb, with police making multiple arrests and seizing substantial quantities of chemicals and equipment.
British technology powerhouse Dyson reports impressive profit growth to £1.4 billion despite revenue decline, showcasing remarkable resilience in turbulent global markets.
British car manufacturing revs up with impressive growth figures, led by electric vehicle demand and strong European exports. Industry calls for competitive energy strategy to sustain momentum.
Volvo pulls plug on Polestar 3 production just months before launch, cancelling UK factory plans in dramatic electric vehicle strategy overhaul.
Exclusive investigation reveals how manufactured food additives and processing techniques are secretly driving up supermarket prices, adding hundreds to annual grocery bills.
PepsiCo announces major recipe overhaul for Cheetos in UK, replacing artificial colours with natural alternatives including paprika and radish extracts.
Investment legend Warren Buffett makes strategic £8.5 billion acquisition of Occidental Petroleum's chemical division, signalling confidence in energy sector despite market volatility.
Labour leader Sir Keir Starmer strengthens UK's global security stance through strategic partnership with Danish PM Mette Frederiksen, focusing on NATO cooperation and defence manufacturing.
British automotive giant Jaguar Land Rover has asked smaller suppliers to use their family homes as collateral for emergency loans following a crippling ransomware attack that paralysed production.
Britain's automotive giant Jaguar Land Rover has dramatically cut production, contributing to the UK's manufacturing sector contraction and raising concerns about economic growth ahead of the Autumn Budget.
OI Glass's Alloa plant under legal scrutiny as environmental authorities take action against repeated pollution breaches threatening local community.
Britain's economy delivered an unexpected boost in January with GDP growing 0.2%, driven by strong retail and construction performance, though challenges remain ahead.
Britain's economic growth ground to a halt in April with zero growth, raising concerns ahead of the upcoming budget announcement as construction and manufacturing sectors struggle.
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
British tech giant Dyson faces a challenging year with profits nearly halving to £447m, as founder Sir James Dyson warns of 'difficult global conditions' impacting the premium appliance market.
An investigation into the dramatic decline of Wedgwood, the iconic British pottery brand that once graced every middle-class home. Discover the business missteps and changing tastes that led to its downfall.
Jaguar Land Rover has been forced to suspend production at its UK factories for a week in October following a significant cyber attack on a key parts supplier, causing major disruption.
The Monarch toured the shipyard where the new Dreadnought-class submarines are being built, meeting workers and emphasising the national importance of the defence project.
In a significant boost for British manufacturing and the AUKUS alliance, the US Navy has signed a multi-billion pound deal with BAE Systems in Barrow-in-Furness for nuclear submarine development, with the King presiding over the ceremony.