London’s iconic Bond Street has reclaimed its position as Europe’s most expensive shopping street, thanks to a sharp rise in demand for prime retail space among global luxury brands. According to new research from Savills, prime headline rents on Bond Street surged 20% in 2023, reaching
The UK economy recorded stronger-than-expected growth of 0.5% in February, offering a welcome boost to business confidence and easing immediate fears that President Trump’s global tariff policy would constrain British output. Figures released on Friday by the Office for National Statistics (ONS) showed broad-based expansion across
Northern Ireland bus manufacturer Wrightbus is set to supply up to 1,000 zero-emission buses across the UK as it embarks on a significant expansion programme, increasing production by 40% and creating 1,000 new jobs over the next two years. The Ballymena-based firm also revealed plans to
The UK labour market saw the sharpest rise in jobseekers since 2020 in March, as fewer job vacancies and a growing wave of redundancies pushed more people into the market, according to the latest data from KPMG and the Recruitment and Employment Confederation (REC). The rise
Former Conservative cabinet minister Penny Mordaunt has come under fire after accepting a paid consultancy role with British American Tobacco (BAT), one of the world’s largest tobacco firms — a move described by critics as incompatible with public health responsibilities. Mordaunt, who previously held ministerial roles
The Conservative Party has launched the next phase of its Policy Renewal Programme, with a renewed focus on business. Speaking today, Andrew Griffith MP, the Shadow Secretary of State for Business and Trade, unveiled plans for what he calls the biggest review and engagement process with
Birmingham-based GINA, a private sexual trauma-crisis organization, has been awarded nearly £20,000 from the Young Gamechangers Fund to expand its support services for survivors of sexual violence. This funding, provided by the Co-op Foundation and delivered by Restless Development and Global Fund for Children, will
Appy Pie has launched two proprietary AI models—PixelForge for high-quality image generation and Vibeo, a cutting-edge multimodal AI video generator that can craft videos using either text or image inputs. With this dual launch, Appy Pie aligns itself with leaders such as DALL·E, Sora, and
The lending partnership between mcl finance and Shawbrook Bank has been officially renewed and enhanced, with a 50% increase in funding capacity.Shawbrook Bank, the UK-based provider of specialist lending and savings solutions, has reaffirmed its commitment to mcl finance by renewing and expanding the senior
What was President Trump aiming for with the reciprocal tariffs? - BusinessWorld Online US President Donald J. Trump created a stir in the international trading
Trump's tariff pause: what can the Philippines do? - BusinessWorld Online US President Donald J. Trump offered a 90-day pause on the reciprocal tariffs he
You may not realize it, but when you board a modern aircraft, certain components of the seats, luggage compartment brackets, and even some parts near the engines are likely made of PEEK. This seemingly ordinary yet exceptionally high-performance plastic is quietly transforming our lives. What is PEEK