UK inflation edged down to 3.4 per cent in May, slightly lower than April’s 3.5 per cent, in a sign that price pressures across the economy are gradually easing—though inflation remains well above the Bank of England’s 2 per cent target. The latest figures from the Office for National Statistics (ONS) also showed a fall […]
Britain’s banking sector is preparing for a fresh wave of consolidation, as major lenders and challengers alike position themselves for strategic acquisitions that could reshape the industry. Leading the charge is specialist lender Shawbrook, backed by private equity firm Pollen Street Capital, which is reportedly circling high street player Metro Bank in a potential deal […]
Nissan has unveiled the third-generation Leaf, its flagship electric vehicle, which will be built in the UK at the company’s Sunderland plant as part of a major push towards sustainable, UK-based EV production. The updated Leaf will offer up to 375 miles (604km) of range on a single charge, and customers will be able to […]
Energy Secretary Ed Miliband has vowed that the Labour government will defeat those seeking to derail the UK’s net zero agenda, arguing that the green transition will succeed by delivering thousands of new jobs in Britain’s former industrial heartlands. Speaking at the launch of a £1 billion investment scheme to boost the country’s offshore wind […]
The UK’s data protection regulator has fined genetic testing firm 23andMe £2.31 million following a large-scale data breach in 2023 that exposed the personal and sensitive health information of thousands of users, including over 155,000 UK residents. The Information Commissioner’s Office (ICO) said on Monday that 23andMe had failed to implement basic security measures, leaving […]