UK inflation rises to 3.4%, first increase in five months
UK inflation rose to 3.4% in December, its first increase in five months, driven by higher tobacco taxes and airfares, according to Office for National Statistics data. Read more: UK…
Business
Uber drops 2030 all-electric target as chief executive warns EV shift is stalling
Uber has admitted it will miss its pledge to run an all-electric fleet by 2030 in the UK, Europe and the US, as its chief executive cites high costs, weak…
Asda puts upto 1,200 warehouse jobs at risk amid cost-cutting drive
Asda is preparing to cut up to 1,200 warehouse jobs as it outsources George clothing distribution to DHL, with unions warning private equity ownership is putting workers and communities at…
IMF chief outlines terms for more Ukraine funding
Ukraine must end electricity and heating subsidies and share taxes more fairly to unlock more funding, IMF’s Kristalina Georgieva says Read Full Article at RT.com
Toy sellers watch social media curbs as UK market returns to growth
UK toy sales rose for the first time in five years in 2025, driven by adult buyers, but manufacturers are monitoring the potential impact of social media bans for under-16s…
Elon Musk floats Ryanair takeover amid public spat with Michael O’Leary
Elon Musk has joked about buying Ryanair amid a public row with chief executive Michael O’Leary over Starlink internet on planes, though investors appear unconvinced by the suggestion. Read more:…
Hotel industry chiefs urge chancellor to extend business rates relief beyond pubs
More than 130 hotel and holiday park bosses have warned Rachel Reeves that planned business rates reforms threaten closures and job losses, urging ministers to extend relief beyond pubs to…
Unemployment stuck near five-year high as wage growth cools
UK unemployment remains at a near five-year high while wage growth slows, strengthening the case for interest rate cuts as businesses rein in hiring amid rising costs. Read more: Unemployment…
MPs back UK innovators as Britain steps up fight against plastic pollution
MPs have urged ministers to boost support for UK businesses developing natural, biodegradable alternatives to plastic packaging, as parliamentarians hear the sector could generate £4.2bn and 35,000 green jobs. Read…
Gold hits record high
Gold prices rose by more than 60% in 2025, partly due to concerns about global tensions and economic volatility Read Full Article at RT.com