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UK banks close over a third of branches in five years. Traditional banks have significantly reduced their physical presence, citing increased digital banking adoption. This trend is driven by changing customer preferences, though it has raised concerns about access to cash services.
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The Youth Guarantee trailblazer scheme has been extended by £45m. Ministers say the latest ONS figures — nearly one million young people classified as NEET — underscore the urgency. The extension supports eight regional pilots delivering personalised interventions, though critics warn that stronger action is still needed.
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Eurozone businesses show growth as UK company confidence remains fragile. Fresh data reveals continental factories and services gaining pace, while UK surveys highlight costs, labour pressures, and deep uncertainty. But why is Europe moving forward while Britain struggles to find momentum?
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Rachel Reeves may extend the freeze on income tax thresholds. Such a move could increase the tax burden on high earners and draw more individuals into higher tax brackets. Analysts predict potential tax rises to address fiscal challenges.
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Europe is losing climate ground, warns the bloc’s first commissioner. Former EU climate chief Connie Hedegaard has warned that political and corporate complacency is eroding the European Union’s environmental leadership. Her remarks follow a series of policy rollbacks and investor concerns over the credibility of Europe’s net zero transition.
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Reeves gets boost from lower-than-expected borrowing in July. Borrowing reached £1.1bn, £2.3bn less than last year. The Office for Budget Responsibility warns of potential future debt increases, raising concerns over fiscal sustainability.
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Whistleblowing reform in the UK remains a slow process. Francesca Titus examines the gaps in the Office of the Whistleblower Bill, from insufficient protections to missing financial incentives, and asks what companies should be doing now to prepare for a new era of corporate accountability.
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Gen Z’s nostalgia kick is fuelling a Britpop visual revival. Jacqueline Bourke of iStock explains how Oasis-inspired aesthetics are helping brands connect with younger audiences by prioritising authenticity over AI polish and leaning into raw, relatable imagery that builds trust.
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The UK government drops plans to force Apple to share encrypted data. The decision follows negotiations involving US Vice-President JD Vance, easing tensions over data privacy and free speech concerns between the UK and US.
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Wider NHS access to weight-loss drugs could boost productivity. A study of 421 NHS patients using obesity drugs showed a reduction in sick days. Government modelling suggests a rollout could save £5bn annually through productivity gains and lower healthcare costs.