The UK remains in the best position to overturn US trade tariffs, despite failing to secure an exemption thus far,…
Category: Economy
UK Unemployment Rate Holds at 4.4% as BoE Expected to Maintain Interest Rate
Britain’s unemployment rate remained steady at 4.4% in the three months to January, according to data from the Office for…
UK and Japan Strengthen Economic Ties Ahead of High-Level Talks
TOKYO: High-level economic security talks between the United Kingdom (UK) and Japan took place on Friday against the backdrop of…
London’s Economic Outlook: Key Developments as of February 2025
Bank of England’s Monetary Policy The Bank of England’s chief economist, Huw Pill, emphasized the necessity of maintaining restrictive interest…
How Donald Trump’s trade tariffs could affect the UK
President Donald Trump’s recent imposition of tariffs—25% on imports from Canada and Mexico, and an additional 10% on Chinese goods—has…
Treasury Committee demands HMRC answers on sanctions regime
The Treasury Select Committee has sent a formal notice to HM Revenue & Customs demanding answers to critical questions about…