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The UK is facing a serious economic wake-up call as the latest forecast reveals a sharp UK productivity cut that threatens to widen the public finances gap by as much as £20 billion. The downgrade, announced by the Office for Budget Responsibility (OBR), signals that growth will be weaker than expected and that means hard…
In a major shake-up at Marks & Spencer (M&S), the retailer has formally announced that Marks and Spencer Ends TCS Contract for its IT service desk after a serious cyber-attack prompted a wide investigation. The move signals heightened concern over vendor risk and technology contracts in the modern retail era. The news has already reverberated…
On 28 October 2025, UK shop prices (FTSE 100) fell for the first time since March. British Retail Consortium data show that overall shop prices dropped by 0.3 % in September. Food prices led the way, with a 0.4 % fall, marking their biggest monthly slide since December 2020. This cooling in retail inflation has…
KR1 plc, a leading digital asset investment company based in the Isle of Man, has announced its intention to migrate its listing from the Aquis Stock Exchange to the Main Market of the London Stock Exchange (LSE). This strategic move, disclosed on October 28, 2025, aims to enhance the company’s visibility and attract a broader…
In a recent statement, Eric Yuan — the founder and CEO of Zoom Video Communications — forecasted that the advent of artificial intelligence (AI) could reduce the traditional five-day workweek to just three or four days. This shows how productivity gains from AI are not only technological but also structural in the workforce. Looking ahead,…
The FTSE 100 opened higher on Friday as better-than-expected UK retail sales lifted investor mood across London. The boost came after fresh data showed retail volumes rising, which reinforced hopes that consumer demand remains resilient. Gains in consumer goods, banking, and energy stocks helped push the index up, while talk of a possible pause in…
Lloyds Banking Group has reported a sharp 36% decline in third-quarter profit, mainly due to rising costs from its car finance division. While the bank’s core operations, including lending and deposits, remain strong, heavy provisions for potential compensation linked to past motor-finance mis-selling have overshadowed the results. Q3 Results at a Glance Lloyds reported a…
We are watching closely the latest numbers on UK inflation, which remained stuck at 3.8% for a third month in a row in September 2025. According to the Office for National Statistics (ONS), the headline Consumer Prices Index (CPI) rose by 3.8% over the 12 months to September, unchanged from August and July. This persistence…
Jaguar Land Rover (JLR), one of Britain’s most celebrated automotive brands, has been hit by a devastating cyberattack that disrupted production and caused an estimated $2.5 billion loss to the UK economy. The breach halted factory operations, disrupted supply chains, and exposed serious weaknesses in the country’s industrial cybersecurity framework. The event has not only…
In recent months, UK borrowing has surged to the highest level since the peak of the pandemic, driven by rising interest costs, inflation-linked benefits, and sluggish tax growth. This sharp increase in government borrowing raises serious questions about fiscal sustainability, impacts on public services, and the broader economic outlook. What is UK Borrowing and Why…