UK investment levels lag behind peers

New analysis reveals that the UK has had the lowest inflow of new investment among the world's most advanced economies for three consecutive years. According to the Institute for Public Policy Research (IPPR), business investment by private companies in the UK was...

London ranked 8th most expensive global city

Soaring rents, inflation, and the cost-of-living crisis have pushed London up the rankings as one of the most expensive cities to live and work in. London now ranks eighth in the global cost-of-living index, one spot higher than last year, just behind New York. Hong...

Manufacturers anticipate growth amid worker shortage

Britain's largest manufacturers anticipate significant increases in orders and output in the second half of the year, despite facing a severe shortage of skilled workers. According to a survey of 320 companies by the trade body Make UK, the manufacturing sector is...

UK unemployment hits two-year high

According to official figures, the UK's unemployment rate has surged to its highest level since September 2021, reaching 4.4% in the three months to April. Despite this rise, wage growth remains strong, with regular earnings increasing at an annual pace of 6%,...

Brits support climate change taxation

The UK population is the second most willing in Europe to support higher taxes to combat climate change, trailing only Spain. In Spain, 43% of the population is happy to pay more taxes for this cause, while in the UK, 40% of people are willing to contribute more....