UK Unemployment to Surpass Pandemic High, JP Morgan Warns
Wall Street giant JP Morgan predicts UK unemployment will rise to 5.5% by late spring 2026, exceeding COVID-19 pandemic levels due to tax policies and AI adoption pressures.
Category : Business
London's Cheapest Hostel Room: Less Than a Pint
A traveler stayed in a central London hostel for just £6, less than the cost of a pint, and was pleasantly surprised despite one minor issue with snoring roommates.
Vax SpotWash £109 Deal Beats Black Friday, Ends March 15
Amazon slashes the Vax SpotWash Home Pet-Design to £109, a 45% saving cheaper than Black Friday. This limited-time offer ends March 15, featuring a compact shampooer for pet stains.
UK Retailers Lose £400m to Shoplifting, Cyber Crime Rises
British retailers suffered £400m in shoplifting losses last year, with cyber crime emerging as a top concern. Violence against shopkeepers dropped 20% but remains high, while delivery theft cost £100m.
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T. Rowe Price Hires BNY Investments Veteran for UK Push
T. Rowe Price has appointed a former BNY Investments executive to lead its UK retirement business, aiming to capitalize on growing pension demand.
UK's First Bond Trading Data Tape Board Appointed
London Stock Exchange Group, Aberdeen, and Ninety One executives will oversee the UK's inaugural consolidated bond trading tape, launching June 22, aiming to boost market transparency.
Ninja Air Fryer £99 Deal Back on Amazon in Sage Colour
Amazon has revived a limited-time offer on the Ninja CRISPi Portable Air Fryer, cutting the price to £99 for the Sage model—a 34% discount from its RRP of £149.99. This deal, available until March 3, matches Black Friday savings and features a compact 4-i
US Tech Firms Eye Wales for AI Investment Growth
Wales is attracting significant AI investment from US tech firms due to its land availability, strong connectivity, and supportive regulatory environment, positioning it as a key UK growth hub.
Lloyds, Barclays Shares Dip in FTSE 100 Tariff Turmoil
Vulnerable banking stocks including Lloyds and Barclays tumbled over 2% as global risk aversion spread to London markets following Trump's tariff threats.
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Young Fishermen Network Boosts Cornwall's Fishing with Training
In Newlyn, Cornwall, young people are turning to fishing through taster days and training programs, offering a stable alternative to seasonal work and revitalizing a declining industry.
Anlife: AI Evolution Simulator That Survived Miyazaki's Roast
Explore Anlife, the unusual AI-driven evolution simulator on Steam, born from technology once called 'an insult to life itself' by legendary animator Hayao Miyazaki.
SMEs May Gain £10k from Bank Accounts in 2026
UK small business owners could earn up to £10,000 annually by using a business current account offering 4.08% AER interest and 1.5% cashback on spending, avoiding idle cash losses.
Oil Hits 7-Month High as US-Iran Tensions Escalate
Oil prices have soared to their highest levels in seven months as traders react to escalating tensions between the US and Iran ahead of crucial nuclear talks this week.
BNY Hires Blackrock Veteran for UK Distribution Role
BNY Investments has appointed a former Blackrock executive to lead its UK distribution team, aiming to expand its market presence and client services in the region.
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World Cup Pub Hours Extension: Government's Hospitality Olive Branch
The Labour government extends pub opening hours during World Cup knockout games, offering potential £100m boost to sector amid ongoing tensions over business rates and taxes.
Botany Bay Named UK's Best Beach, Two Hours from London
Botany Bay in Kent has been named the best beach in the UK by Conde Nast Traveller. Located less than two hours from London, it offers stunning white cliffs, family-friendly activities, and a serene escape from crowded tourist spots.
Guesthoo and Aeve AI Automate Short-Term Rental Communications
Award-winning short-term rental agency Guesthoo partners with AI automation platform Aeve AI to streamline guest communications, automating 80% of messaging while maintaining high satisfaction scores.
Trump Calls on Big Tech to Protect Homes from AI Power Costs
The White House seeks voluntary pledges from Microsoft and Alphabet to cover data centre grid upgrades, aiming to prevent AI's soaring electricity demand from inflating household bills amid political pressure.
FTSE 350 Boards Hit 43% Women, Executive Roles Still Lag
The UK has achieved a record 43% female representation on FTSE 350 boards, up from 9.5% in 2011. While non-executive roles show gender balance, women remain underrepresented in key executive positions like CEO and chair.
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Trump's 10% Global Tariff Takes Effect, Lower Than Threatened
Donald Trump's new 10% global tariff has been implemented, providing some relief for British businesses despite earlier threats of a 15% rate following a Supreme Court defeat.
UK Exporters Rue US Tariff Chaos Amid Higher Costs
UK businesses confront uncertainty and rising expenses as Donald Trump's new global tariff shift takes effect, with the UK government not ruling out retaliatory measures.
Standard Chartered Hikes Investor Returns Despite Profit Miss
Standard Chartered increased shareholder returns with a $1.5bn buyback and higher dividend, even as pre-tax profit of $814m fell short of analyst forecasts. Wealth management income surged 24%.
Brooks MacDonald Sees First Half-Year Inflows Since 2023
Brooks Macdonald has announced its first half-year net inflows since 2023, marking a significant turnaround in client investments and financial performance.
Trump's Global Tariffs Spark Trade War Fears, Markets Shaken
Former President Donald Trump announces sweeping global tariffs, causing market volatility and raising concerns about a new trade war. Businesses brace for impact as international tensions escalate.
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Latham & Watkins Poaches Goodwin Partner in New York
Latham & Watkins has recruited a partner from Goodwin Procter in New York, expanding its corporate practice in a strategic move within the competitive legal sector.
UK Exporters Face Higher US Tariffs, Government Weighs Response
British businesses confront increased costs and confusion after Trump's 15% tariff hike. UK government hasn't ruled out retaliatory measures while EU pauses trade deal ratification.
Thames Water's Maple Lodge: Sewage Plant in Crisis Spotlight
Thames Water's Maple Lodge sewage treatment plant in Rickmansworth processes 3,000 litres per second, yet faces underinvestment and regulatory fines. As bondholders negotiate its future, staff grapple with aging infrastructure and pollution concerns.
Three UK Towns with Authentic Charm Beyond Tourist Trails
Discover three lesser-known UK towns that provide a genuine, homely atmosphere away from crowded tourist hotspots, perfect for immersive local experiences.
Money Supermarket Mandates AI to Calm Investor Fears
Mony, owner of Money Supermarket, mandates AI tools across all business areas after investor concerns about AI disintermediation caused stock declines. The firm reported modest profit growth for 2025.
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FTSE 100 Steady Despite Trump Tariff Drama and Trade Tensions
London's FTSE 100 index shows resilience, ending nearly flat despite new US tariffs and EU trade deal delays, as investors seek safe havens from global market volatility.
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