
Despite a cooling labour market, the number of UK employers voluntarily paying the higher Living Wage rose 19% to 16,040, according to the Living Wage Foundation. Read more: Living Wage employers rise 19% as more businesses commit to higher pay

After a turbulent year for UK–Canada trade talks, diplomatic frost and global tariff uncertainty are raising new questions about what comes next.

The UK economy expanded by 0.6% in the first quarter of 2025, exceeding forecasts and marking the strongest quarterly growth since early 2022.

Marks & Spencer has confirmed a cyberattack that compromised customer data, underscoring the pressing need for robust cybersecurity measures in the retail sector.

Burberry plans to cut nearly 18% of its global workforce, with 1,700 jobs at risk, as part of a £100m cost-saving drive following a £66m loss and falling sales in China. Read more: Burberry to cut 1,700 jobs in global savings drive amid luxury slowdown

Treasury officials met with Monzo, Revolut, and other fintech leaders to encourage London listings and enhance consumer access to innovative financial services.

Rolly van Rappard, co-founder of private equity firm CVC Capital Partners, is reportedly contemplating relocating from London to Milan in response to recent UK tax changes.

The UK’s competition watchdog has begun an investigation into insurance giant Aviva’s proposed £3.7bn acquisition of Direct Line. The Competition and Markets Authority said it had commenced its phase one inquiry to establish whether the deal would result in a “realistic prospect of a substantial lessening of competition.” The CMA has invited comment on the…

Business groups warn that the UK’s new immigration reforms could harm economic growth unless backed by urgent investment in domestic skills and training systems. Read more: Business leaders warn immigration reforms could undermine growth without urgent training reform