News

The UK economy expanded by 0.6% in the first quarter of the year, driven by a resilient services sector, according to official data from the Office for National Statistics (ONS).

LONDON — British e-commerce merchants and small businesses are scrambling to update their checkout systems as the European Union officially introduces its new €3 temporary customs duty on all low-value parcels entering the bloc.

Total sales at UK supermarkets rose by 4.6% in the four weeks ending June 13, 2026, according to the latest data from NielsenIQ (NIQ).

UK businesses are grappling with severe cost pressures as ongoing geopolitical conflicts disrupt global supply chains. A sharp rise in purchasing prices, particularly for energy, fuel, and raw materials, has forced many small and medium-sized enterprises (SMEs) to reconsider expansion plans.

The UK’s annual inflation rate held steady at 2.8% in May, defying city forecasts of a spike to 3.0%.

The Confederation of British Industry (CBI) has issued a stark warning that a record-high business tax burden is jeopardizing the UK's chances of a sustained economic recovery.

The UK has become the first G7 nation to sign a historic free trade agreement with the Gulf Cooperation Council (GCC), securing an economic partnership with Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.

The UK economy is showing fresh signs of strain as rising energy prices, slowing business activity and weakening consumer confidence increase pressure on households and employers. Recent data shows UK inflation climbed to 3.3% in March 2026

April 2026 marks a turning point for British eCommerce, with a staggering 80% of UK retailers forecasting significant online growth this year. The primary driver?

British markets are reacting with caution today after the latest ONS data revealed headline inflation rose to 3.3% in March, surpassing the Bank of England's target.