February brought a notable jolt to England’s economy as it recorded the highest growth in nearly a year. Britain’s GDP also saw a 0.5% increase, previously stagnant in January with 0% growth. This was further supported by economists expecting a 0.1% increase. The primary contributor to this increase was a whopping 2.2% surge in manufacturing…
UK Manufacturing Economy Brief An ONS report this week, which was preceded by a UK softening Q1 2023 figure, brought some joy when disclosing a 0.5% output increase in February—up from stagnant performance in January. Economists expectations were only modest at 0.1%, pulling the nation’s forecast into a more positive light. A Boosting Stride to…
As if responding to a different world than before, UK Prime Minister Keir Starmer declared that “the world as we knew it is over” in reaction to US President Donald Trump massively imposing tariffs on the UK, a staggering comment for someone in his position to make. While nations scramble to devise an approach to…
In an attempt to modify the UK’s pharmaceutical industry, a funding announcement of £13 million has been issued that is expected to focus on the creation of smarter and cleaner pharmaceuticals. Furthermore, the manufacturing techniques of the industry are poised to become more sustainable. This funding aims at reinforcing the advancements made in the healthcare…
The United Kingdom’s architectural, engineering, and consulting firms are approaching 2025 with renewed optimism, primarily believing that digital transformation will underpin their success. These firms are not only even anticipating substantial profit growth but also forecasting to spend considerably on technology and expand headcount considerably. Bold Goals: Rising Profits and Headcount UK-based, project-driven firms remain…
By organizing a flotilla of canal boats and cruisers in Lincolnshire, a wave of protests aiming to raise awareness of the canals in the UK has begun. Protests of this magnitude help shine a light on the canals and the funding issues that pose a threat to the businesses in the area, showcasing the lack…
BlackRock, one of the most influential financial entities on the planet, has been granted a vital regulatory approval by the UK; this enables the firm to offer its Bitcoin investment product in the UK market. This announcement further expands the scope of crypto assets offered by BlackRock and indicates yet another step in the institutional…
