Latest News
Today
Hundreds of high skilled jobs are to be created in Sheffield after Walsin Lihwa (WL) announced a major investment that boosts the UK's steel industry and advanced manufacturing sector. Vote of confidence in UK steel and manufacturing as Taiwanese investor Walsin Lihwa brings new capabilities to the UK and expands its aerospace and energy materials portfolio.
Today
Rising levels of disability and unpaid care are concentrated in the poorer half of Britain, and action is needed to both level up the value of unpaid care and reduce the £3,300 income penalty these families face, according to new Resolution Foundation research published this week. Don't forget about us - the fifth report of the Foundation's Unsung Britain project, with support from JPMorganChase - examines how the rising prevalence of disability and unpaid care across Britain affects family incomes, and what can be done to boost their living standards.
Today
The Government has announced a huge boost to UK industry as it powers ahead with its plan to cut electricity costs. Plans to slash electricity network costs for energy-intensive businesses by 90% are set in motion as Government launches new consultation.
Today
Almost £20 million funding was invested to help NRS communities grow and thrive in 2024/25. NRS has supported 149 projects to bring positive social change to benefit people living in communities across the UK - from Caithness to the tip of North Wales, down to the Bristol and English Channels.
Today
The Scottish Housing Market Review collates a range of previously published statistics on the latest trends in the Scottish housing market. Sales Registers of Scotland data recorded the fourth consecutive quarter of annual growth in residential transactions in Q1 2015 (7.0%), which meant that across financial year 2024-25 transactions grew by 7.1%.
Today
UK economy and workers have benefited from the export credit agency's highest level of business ever. UK Export Finance provided a record £14.5 billion in new financing last year, helping over 667 UK companies to export and grow.
Today
Strict deadlines for landlords to fix unsafe cladding and over £1 billion allocated to make social tenants safe. New legislation will set strict deadlines for landlords to fix unsafe cladding or face the consequences.
Today
On August 1, 2025, the U.S. imposed a 50% tariff on all copper imports—raw copper, cathodes, concentrates and alloys—under a Section 232 national security probe.
Today
Growth in private rents continued its recent slowdown, with rents rising by 6.7 per cent in the year to June 2025, down from 7 per cent seen in the year to May. However, rents have still grown far faster than wages over the past three years and created an affordability wedge for renters as a result, the Resolution Foundation in response to the latest ONS private rents data.
Today
Helen Dickinson, Chief Executive of the British Retail Consortium, said: "Retail sales heated up in June, with both food and non-food performing well. The soaring temperatures increased sales of electric fans while sports and leisure equipment was boosted by both the weather and the start of Wimbledon.
Today
More people than ever are turning to second-hand products, according to the latest survey data by BRC-Opinium. This is the second year the survey has been conducted, with the proportion of people saying they had either bought or sold second hand items increasing in seven of the ten item categories measured.
Today
CPI inflation exceeded expectations to reach an eighteen-month high of 3.6 per cent in June - 0.2 percentage points higher than expected. While forecasts from the Bank of England have inflation rising further in the autumn, continuing to weigh down on lower-income households struggling to cope with higher prices, according to the Resolution Foundation this week.
Today
The UK's CBI claims the London Stock Exchange is in crisis because of tax and regulation. But that’s nonsense.
Today
The UK jobs market continues to weaken, with the number of payrolled jobs having fallen by 143,000 since last October, while RF analysis suggests the employment rate has been falling for two years, the Resolution Foundation said on Thursday 17 July 2025. The number of people in payrolled employment fell by 75,000 in the three months to May, with initial estimates suggesting a further fall of 41,000 in June, although the latest month is often revised.
Yesterday
Great British Energy to cut energy bills for local community libraries, fire stations, care homes and community centres. Libraries, fire stations and care homes in local communities will benefit from cheaper energy bills through Great British Energy community funding as part of Plan for Change Mayoral authorities to receive a share of £10 million for publicly-owned clean energy projects Complements Great British Energy's drive to cut bills for around 200 schools and 200 hospitals, which is already seeing savings Libraries, fire stations and care homes in local communities will benefit from cheaper energy bills as Great British Energy delivers on the government's clean energy superpower mission to make working people and their communities better off.
Yesterday
New five-year strategy commits agency to prominent role in fight against economic crime. The Insolvency Service's new investigation and enforcement strategy will see the agency play a leading role in tackling economic crime and improving corporate standards.
Yesterday
The number of overdue invoices on the books of Scottish businesses hit more than 1.8 million in Q2 2025, according to new research from R3, the UK's restructuring, turnaround, and insolvency trade body. R3’s analysis of data provided by Creditsafe shows there were 1,820,706 overdue invoices on the books of Scottish businesses in Q2 2025 - with 602,822 in April, 589,298 in May, and 628,586 in June.
Yesterday
The independent review was commissioned by the Secretary of State for Health and Social Care in November 2024 and led by Professor Gillian Leng CBE. The report was published on 16 July 2024.
Yesterday
UK Military Advisor, Lt Col Joby Rimmer, says the UK, alongside the US and international partners, remains committed to providing the economic, diplomatic, and military tools Ukraine needs to defend itself. Madame Chair, the United Kingdom reaffirms its unwavering support for Ukraine as it continues to defend its people and sovereignty against the Russian government's escalating campaign of aggression.
Yesterday
Brits and Germans alike will benefit from a closer partnership on the issues that matter most to them, as Prime Minister Keir Starmer is set to host Chancellor Friedrich Merz for a comprehensive visit to London. Prime Minister Keir Starmer will welcome Chancellor Merz to London today for his first official visit to the UK as Chancellor.