Business News

China accuses UK politicians of ‘arrogance’ amid British Steel ownership row

Tensions rise as China defends Jingye’s ownership of British Steel, accusing UK politicians of arrogance and threatening future investment over Scunthorpe blast furnace row. Read more: China accuses UK politicians of ‘arrogance’ amid British ...

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Google faces £5bn UK lawsuit over claims it shut out rivals and overcharged advertisers

Google is being sued in the UK for £5bn over claims it abused its search dominance to overcharge advertisers and exclude rivals. Competition watchdogs are already investigating. Read more: Google faces £5bn UK lawsuit over claims it shut out riva...

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China’s economy beats forecasts but faces looming tariff shock under Trump

China’s GDP grew 5.4% in Q1 2025, exceeding expectations amid a surge in exports before US tariffs hit. Analysts warn of slower growth ahead as trade tensions with Trump escalate. Read more: China’s economy beats forecasts but faces looming tar...

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Why hiring veterans makes business sense

Veterans bring leadership, loyalty and problem-solving skills to UK firms, says a new OVA study. Discover why hiring ex-military staff is a smart move for businesses. Read more: Why hiring veterans makes business sense ...

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UK inflation falls to 2.6% in March as fuel costs drop, easing pressure on Bank of England

UK inflation drops to 2.6% in March, its lowest since October, as petrol prices fall. Analysts expect further rate cuts as Trump tariffs weigh on global trade. Read more: UK inflation falls to 2.6% in March as fuel costs drop, easing pressure on Ba...

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UK business confidence sinks to two-year low amid tax hikes and global trade tensions

UK business confidence hits lowest level since 2022, driven by tax increases and fallout from Trump’s trade war. ICAEW warns outlook could worsen as growth falters. Read more: UK business confidence sinks to two-year low amid tax hikes and global...

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Carmakers rally as Trump hints at tariff relief for vehicle imports

Global carmakers see share prices rise after President Trump suggests possible exemptions to new US auto tariffs, offering temporary relief to a pressured industry. Read more: Carmakers rally as Trump hints at tariff relief for vehicle imports ...

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Retailers call for crackdown on Chinese fast-fashion imports amid fears of market flooding

UK retailers urge government to scrap tax break allowing Shein and Temu to flood the market with cheap imports, warning of unfair competition after Trump’s new tariffs on China. Read more: Retailers call for crackdown on Chinese fast-fashion impo...

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Inicio AI secures £2.6m to transform affordability assessments after pitch win triumph

Coventry-based FinTech Inicio AI lands £2.6M seed funding to scale its AI-powered affordability solution, following victory at Birmingham Tech Week’s OneToWin competition. Read more: Inicio AI secures £2.6m to transform affordability assessment...

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Booked it secures £2.5m investment as it eyes £1bn in bookings

Booked it lands £2.5m from Calculus Capital to fuel expansion and hit £1bn in bookings. The tech firm powers advanced digital booking for social and entertainment venues. Read more: Booked it secures £2.5m investment as it eyes £1bn in bookings...

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