Traders are increasingly betting on a significant drop in the pound as concerns mount over the Chancellor Rachel Reeves’s ability to stick to her fiscal targets following a sharp rise in borrowing costs. According to Bloomberg, many so-called options trades would profit if sterling plunged to $1.12, an 8 per cent fall that would mark […]
British manufacturing giant JCB has backtracked on plans to convert 500 agency staff to permanent positions, citing “challenging market conditions” in the wake of Chancellor Rachel Reeves’s recent tax-raising Budget. The decision comes as businesses across the country grapple with mounting costs and faltering confidence after employer National Insurance (NI) contributions were raised from 13.8 […]
The Department for Business and Trade (DBT) is once again inviting small and medium-sized enterprises (SMEs) from across the country to compete in its Made in the UK, Sold to the World Awards, with entries open until 9 March. This year’s competition sees the introduction of two new categories and a revamped prize package designed […]
Plans by the Bank of England to expand its Leeds presence have hit an early stumbling block, with only 156 current employees registering an interest in transferring from London. The revelation comes after Governor Andrew Bailey announced last year that the Bank intends to have one in ten of its total workforce — at least […]
Britain’s chemicals industry faces an “extinction event” amid soaring energy prices and rising carbon taxes, Sir Jim Ratcliffe has warned, after announcing the closure of Ineos’s last remaining synthetic ethanol plant in the UK. The shutdown of the Grangemouth facility, which mainly supplied the healthcare and pharmaceutical sectors, took effect on Wednesday, resulting in a […]
There’s a certain clairvoyance required of a great satirist, an almost supernatural knack for holding up a mirror to society and forcing us to see the grotesque reflection that lurks behind our glossy veneers. Whilst always being a centrist politically, I have loved the ascorbic, usually left, sometimes far-left that British stand-up comedy brings and […]
The online casino industry continues to thrive, driven by technological innovations and evolving consumer behaviors. As we move into 2025, this dynamic industry is poised for further transformation. Here’s a comprehensive look at the key trends shaping the online casino landscape in 2025 and what they mean for players and operators. 1. Integration of Artificial […]
Zabihullah Ibrahimi, born in 1982 in Kabul, Afghanistan, is a distinguished construction engineer based in New York. With a robust educational foundation in engineering, Zabihullah has excelled in a career dedicated to significant infrastructure projects, including train stations, military bases, and advanced engineering facilities. His work is characterized by a deep commitment to enhancing transportation […]
Agreements worth £600 million, potentially adding £1 billion in value to the UK economy, have been secured following Chancellor Rachel Reeves’ trip to Beijing. Winnie Cao, Head of Blick Rothenberg’s China Desk and China Business Group, described the productive discussions between Reeves and Vice Premier He Lifeng as a positive sign for both Chinese and […]
Britons and overseas visitors may soon find themselves paying a “hotel tax” on every overnight stay, under Treasury proposals designed to shore up the public purse as borrowing costs continue to climb. The potential levy, part of “modelling exercises” carried out by officials, mirrors the tourist taxes in countries such as France, where the nightly […]