Economy

£67 million to be put towards culture projects across the UK

The UK government has announced a £67 million investment in 10 major culture projects nationwide.

Cost of oil price cap leads to pressure on Putin’s finances

Six months since its initiation, the UK-supported oil price cap on Russian oil and products continues to exert significant pressure on Putin's finances.

Seeking solutions for poor wages in Europe

European employment indicators may seem optimistic, but poor wages contribute to financial distress for many families across the continent.

Taiwan and the UK strengthening trade amidst 26th annual Taiwan talks

UK and Taiwan: Minister for International Trade Nigel Huddleston will co-host 26th annual Taiwan Trade Talks to enhance trade and investment opportunities

UK and Middle East strengthen ties during foreign secretary’s visit

Foreign Secretary James Cleverly is embarking on a 3-day visit to Qatar, Kuwait, and Jordan, highlighting the UK and Middle East region's growing partnership.

UK and India conclude 11th round of FTA negotiations

On 18 July 2023, the United Kingdom and India successfully wrapped up the eleventh round of talks to establish a Free Trade Agreement (FTA) between the two nations.

Closing the gaps in the cashless economy

What must governments do to transition to the cashless economy? Policymakers need to address issues by protecting access to cash and to the financial system.

UK economy set for £1 billion boost with Electronic Trade Documents Act

The UK's economy is set to receive a £1 billion boost by implementing the innovative Electronic Trade Documents Act, enabling paperless trade.

UK and Turkey initiate talks on new trade agreement

The UK and Turkey have announced their intention to commence negotiations on an updated free trade agreement (FTA).

UK and US strengthen partnership and discuss global issues

Prime Minister Rishi Sunak and President Biden discussed the Atlantic Declaration and progress in clean energy, minerals, and defence cooperation.

Global taskforce launched to strengthen aviation workforce resilience

A UK-led global taskforce has been unveiled at the ICAO Gender Summit to address skills challenges in the aviation sector.

UK and Bangladesh join forces to boost trade and investment relations

UK Minister for International Trade, Nigel Huddleston MP, arrived in Dhaka on July 4th, with the aim of enhancing trade and investment relations between the UK and Bangladesh.

UK and Bahrain sign strategic partnership agreement

The Prime Minister of the United Kingdom, and the Crown Prince of Bahrain, announced the signing of a groundbreaking Strategic Investment and Partnership.

UK investment zones in Scotland to promote jobs and economic equality

Glasgow City Region and the North East of Scotland have been designated as UK Investment Zones in Scotland, following an agreement between the UK Government and Scottish Government.

5 use cases for business intelligence in retail

Discover how retail business intelligence can revolutionize your enterprise by enabling data-driven decision-making in today's fast-paced market.

5 levers to pull to optimise productivity and operational efficiency

Operational efficiency in the UK is at an all-time low, with the ONS recently reporting zero annual growth in economic output per hour in the last quarter of 2022.

German tabloid implements AI job cuts in shift to digital only future

Germany's largest daily newspaper, Bild, has announced plans to implement AI job cuts as it prepares for a digital-only future

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