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UK fiscal headroom wiped out, NIESR warns
Read the full story: UK fiscal headroom wiped out, NIESR warnsUK fiscal headroom has already been exhausted, according to new forecasts. Fresh analysis from NIESR shows weak growth, rising unemployment, and higher labour costs are eroding the Chancellor’s budgetary margin, prompting warnings from business leaders about the impact on hiring and investment.
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Top 1% of UK taxpayers fund a third
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Pizza Hut UK to close 68 restaurants amid restructure
Pizza Hut will close 68 restaurants across the United Kingdom.…
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UK borrowing overshoot keeps the heat on Reeves as budget looms
UK government borrowing has exceeded forecasts by billions of pounds.…
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City leaders warn about China embassy plans
Concerns arise over China’s proposed embassy near London’s financial hub.…
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Getty and Shutterstock merger faces CMA scrutiny
Getty Images and Shutterstock merger faces UK competition probe. The…
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Innovate UK launches £1m AI prize competition
Innovate UK launches a £1 million competition for AI breakthroughs.…
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US threats delay global shipping decarbonisation
IMO delays adoption of global net-zero shipping framework. The International…
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UK plans to upskill for 400,000 energy jobs
UK unveils plan targeting 400,000 clean energy jobs by 2030.…
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APG invests $350m in European energy storage
Return secures €300 million to expand European energy storage. The…
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Apollo names Jaycee Pribulsky chief sustainability officer
Apollo appoints ex-Nike CSO Jaycee Pribulsky as Chief Sustainability Officer.…
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Leadership —
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Lloyds appoints new London ambassador
Lloyds Banking Group appoints Ajneet Jassey as its new London ambassador. The bank has named the senior legal executive to focus on housing delivery, business growth, and technology engagement across the capital.
