UK NEWS Retail sales sink in March amid weak consumer confidence, CBI says March 25, 2025 Fatimah Idera UK retail sales had slumped in March amid weak consumer confidence, according to the confederation of British industry latest distributive trades’ survey. This marked the sixth consecutive month of decline,…
UK NEWS Thousands of new homes to be built across England with £2bn pounds investment March 25, 2025 Fatimah Idera Britain’s government on Tuesday pledged 2 billion pounds ($2.58 billion) to build up to 18,000 social and affordable homes in England as part of its efforts to deliver 1.5 million…
UK NEWS Rules change propose by FCA to boost consumer information March 25, 2025 Fatimah Idera Britain’s Financial Conduct Authority is weighing changes to disclosure rules on mortgages, lending and savings products to give clearer information to consumers, as it prepares to unveil a new five-year…
UK NEWS Britain pledges 600 million pounds to tackle construction skills shortages March 24, 2025 Fatimah Idera Britain had announced plans to invest 600 million pounds ($775 million) to train more construction workers and help tackle severe skills shortages that could undermine its plan to build 1.5…
UK NEWS Ad group, S4 Capital hands out first-ever dividend March 24, 2025 Fatimah Idera Martin Sorrell’s advertising group, S4 Capital (SFOR.L) declared its first-ever dividend on Monday, sending its shares up more than 10%, even as it warned that clients would remain cautious in…
UK NEWS Fix potholes or lose funding, PM Starmer orders UK councils March 24, 2025 Fatimah Idera UK Prime Minister Keir Starmer said that starting Monday, local authorities in England will be required to publish annual reports laying out the state of their roads and how many…
UK NEWS Reeves to cut out 2 billion pounds from civil service spending as job loss looms March 23, 2025 Fatimah Idera British finance minister Rachel Reeves is eyeing spending cuts for government officials who work in departments to the value of over 2 billion pounds ($2.58 billion) a year by 2029-30.…
UK NEWS Octopus and Ecotricity lock horns over a controversial push for regional energy bills March 23, 2025 Fatimah Idera Britain’s green energy tycoons are at war, Greg Jackson, the chief executive of Octopus Energy, is taking on Dale Vince, Ecotricity founder, in a fight over the best way to…
UK NEWS Argentina suspends Telecom’s purchase of Telefonica unit March 22, 2025 Fatimah Idera Argentina’s presidential office has issued a preventive measure to suspend Telecom’s acquisition of Telefonica’s local unit, claiming the pending merger could lead to excessive market concentration. Spanish telecoms giant Telefonica…
UK NEWS Heathrow resumes operations after a day shutdown March 22, 2025 Fatimah Idera London’s Heathrow Airport resumed full operations on Saturday, a day after a fire knocked out its power supply and shut Europe’s busiest airport, causing global travel chaos. Some flights were…