Nigel Farage, leader of Reform UK, has accused the British government of crushing small business owners with excessive bureaucracy, taxes, and regulations. At the launch of the party’s ‘Small Business for Reform’ lobby, Farage claimed that the system is so stacked against small firms that his own staff have, at times, earned more than he…
British consumer price inflation increased to 3.8% in July from 3.6% in June, official data showed on Wednesday. The Bank of England had forecast headline inflation would rise to 3.8% while economists polled by Reuters had mostly expected a rate of 3.7%. The BoE lowered interest rates this month but only after a close 5-4…
Britain’s economic output shrank by 0.1% in May, official data showed on Friday. Economists polled by Reuters had mostly forecast that gross domestic product would rise by 0.1% from April’s level. Britain’s economy expanded rapidly in the first quarter of 2025, outstripping growth in other countries in the Group of Seven advanced economies. In May…
The UK and the EU will announce new deals and renew ties, 5 years after Brexit (AP) LONDON – The United Kingdom and the European Union are expected to announce new deals on fishing rights and defense cooperation as officials meet in London on Monday to discuss closer ties in their first official summit since…