Business

Our Business category covers information on economic and financial life in the UK. Keep up to date with market trends and business opportunities that can help you grow your business in the UK.

AFP
Members Public

United Kingdom: private sector activity down sharply in April (PMI Flash)

Private sector activity in the UK fell sharply in April, according to the PMI Flash index published Wednesday by S&P Global, bad news for the government as it struggles to revive its economy and confronts the trade storm unleashed by Donald Trump.



AFP
Members Public

Trade war: dollar plunges as Wall Street opens, gold at record high

Plagued by turmoil since Donald Trump's latest customs assault, the dollar's decline accelerated on Thursday as the trade war between Washington and Beijing intensified, also propelling gold to a new record high.



AFP
Members Public

The BBC says it faces "an unprecedented challenge" in funding its content

The BBC announced on Monday that it was facing "an unprecedented challenge" in funding its content, due to a £1 billion drop in annual revenues in 15 years.



AFP
Members Public

United Kingdom: the end of a Stellantis factory symbolizing a century of automotive history

As if nothing had happened, the usual comings and goings of trucks loaded with electric vans, fresh off the assembly line, continue in front of the Vauxhall car plant in the English town of Luton. The more than one-hundred-year-old plant is about to close its doors.



AFP
Members Public

In the absence of growth, London cuts billions in public spending

After unpopular tax hikes in the autumn, painful budget cuts in the spring: the British economy is not taking off, and Finance Minister Rachel Reeves announced billions of pounds of savings on Wednesday to balance the books.



AFP
Members Public

Copper above $10,000, driven by tariff threats

The price of copper topped the $10,000 mark on the London Metal Exchange on Thursday, its highest level since October, driven by purchases by US companies fearing tariffs on the red metal.



AFP
Members Public

London prepares billions in cuts to balance its budget

Under pressure from an economy that is failing to take off, British Finance Minister Rachel Reeves is preparing billions of pounds of cuts in public spending, particularly welfare, to balance the books, the UK press claimed on Wednesday.



AFP
Members Public

London disputes that the cost of one of its two EPRs built by EDF has doubled

The British government on Tuesday rejected reports in the Financial Times (FT) that the cost of the Sizewell C EPR nuclear power station project in the east of the UK, led by France's EDF, has been doubled.



AFP
Members Public

United Kingdom: zero growth in the third quarter, concerns for the future

Growth remained flat in the UK in the third quarter, a period marked by fears of sharp tax rises, since confirmed by the Labour government, which are causing considerable concern among businesses for the year ahead.



AFP
Members Public

No "royal warrant" for Cadbury and Unilever, snubbed by Charles III

Chocolate maker Cadbury and Unilever have been removed from the list of companies entitled to a warrant from King Charles III allowing them to affix a royal seal to their products.



AFP
Members Public

Targeted advertising: London finds Google "irresponsible

The UK's data protection regulator (ICO) on Thursday described as "irresponsible" a change in Google's policy on how Internet users are tracked for advertising purposes.



AFP
Members Public

British inflation continues to rise in November

British inflation continued the upward trend begun the previous month, rising to 2.6% year-on-year in November, in line with economists' expectations, according to data published Wednesday by the Office for National Statistics (ONS).



AFP
Members Public

Unemployment remains stable in the UK at 4.3%.

The unemployment rate in the UK remained stable in the three months to October, at 4.3%, the same figure as recorded at the end of September, the Office for National Statistics (ONS) announced on Tuesday. Growth in wages excluding bonuses over the period was up by



AFP
Members Public

London gives green light to Kretinsky's takeover of Royal Mail

Czech billionaire Daniel Kretinsky's takeover of the troubled British postal operator Royal Mail was given the go-ahead by the British government on Monday, in exchange for guarantees that the headquarters of this historic and highly symbolic company would remain in the UK.



AFP
Members Public

London: RATP to sell its buses to local giant FirstGroup

RATP announced on Tuesday that it had entered into "exclusive negotiations" with major British transport operator FirstGroup to sell its three London bus networks for £90 million.