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News
Burnham defends limiting business rate cuts, saying pubs are âour heritageâ
2+ hour, 21+ min ago (1334+ words) Prime Minister Andy Burnham has defended limiting cuts to business rates to certain hospitality venues, saying pubs “need to know that the cavalry is coming”. He said the 20% being knocked off rates for pubs, clubs and live music venues across…...
Business rates to be cut by 20pc for region's pubs, clubs and live music venues
7+ hour, 21+ min ago (671+ words) Business rates will be cut by 20pc for pubs, clubs and live music venues across Norfolk and Suffolk from April next year. The Government said the measure will apply to nearly 32,000 hospitality businesses across England and is expected to save a…...
Grocery price inflation slows to lowest rate since December 2024
2+ day, 10+ hour ago (448+ words) Grocery price inflation has slowed to its lowest rate since December 2024 as the World Cup and heatwaves drove the highest number of supermarket trips in more than five years. Supermarket prices were 2.6% higher than a year ago over the four…...
Energy inflation and regional divides weighing on UK living standards – OECD
1+ week, 1+ day ago (382+ words) The UK economy is being held back by renewed energy inflation sparked by the Middle East conflict, an influential economic body has said, as it urged the Government to accelerate its pro-growth agenda and tackle regional divides. The Organisation of…...
UEA and Hong Kong university celebrate 10-year partnership
1+ week, 1+ day ago (196+ words) The University of East Anglia (UEA) and Hong Kong Metropolitan University (HKMU) are marking a 10-year collaboration between their business schools with a renewed commitment to deepen and expand their work together. As part of the anniversary, colleagues and alumni…...
Housebuilding activity hits 2026 low point amid construction downturn
2+ week, 3+ day ago (375+ words) Activity in the UK housebuilding sector fell at the fastest pace so far this year as the wider construction sector remained firmly in contraction, according to new figures. The S&P Global UK construction PMI showed a reading of 38.4 in…...
Home sales jumped by 17 annually in May – HMRC figures
3+ week, 2+ day ago (492+ words) The number of home sales in May was around 17% higher than the same month in 2025, according to HM Revenue and Customs (HMRC) figures. Across the UK, an estimated 98,450 home sales took place in May, which was 17% higher than May 2025 and…...
Home mortgage approvals drop to lowest since December 2023
3+ week, 3+ day ago (553+ words) The number of home mortgage approvals made to buyers dropped to a two-and-a-half-year low last month, figures show. Experts said the impact of the war in the Middle East pushing up borrowing costs took its toll on buyer demand. Some…...
Consumer confidence plunges among younger adults
1+ mon, 4+ day ago (231+ words) Consumer confidence has plunged among traditionally optimistic younger adults amid fears for their personal finances and the wider economy, figures show. GfK’s long-running Consumer Confidence Index remained unchanged at an overall score of minus 23 in June. However, the analyst said…...
Where inflation eased in May – and where it accelerated
1+ mon, 6+ day ago (504+ words) An easing of inflation in May across a range of groceries and kitchen appliances helped offset the impact of a jump in the price of petrol and air fares, meaning the UK’s overall rate remained unchanged. It is not the…...