UK economy shrinks unexpectedly by 0.1% in blow to Rachel Reeves
May’s fall in GDP fuelled by sharp declines in manufacturing and construction Business live – latest updates Britain’s economy unexpectedly shrank in May, fuelled by sharp declines in manufacturing and construction, in a blow for chancellor Rachel Reeves. The Office for National Statistics said gross domestic product fell
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UK unemployment rises and wage growth slows as jobs market ‘weakens’
ONS data shows jobless rate climbing to highest rate since June 2021 with growth in average earnings slowing to 5%. Analysis: the UK jobs market is cooling, not collapsing Business live – updates Unemployment climbed and wage growth slowed in the three months to May, according to official
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CMA proposes action to drive more competition on mobile platforms
Measures designed to boost the UK’s app economy, unlocking global success and ensuring UK consumers aren’t left behind. HM GovernmentSource
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Jobs unlocked as first wave of hydrogen projects sign contracts
10 projects from the first phase of the government's flagship hydrogen programme can begin construction. HM GovernmentSource
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Tailored support for Aberdeen oil and gas workers
Around 200 oil and gas workers in Aberdeen and Aberdeenshire will be offered tailored support to seize clean energy job opportunities. HM GovernmentSource
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Welsh Secretary heads to US and Canada to boost trade and investment
This visit comes as Aston Martin resume exports to the US, protecting 600 jobs in St Athan. HM GovernmentSource
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Summer ready: MHRA issues updated guidance on medicines and medical devices during holiday season
As the UK enters the heart of summer – with temperatures rising and families holidaying – the Medicines and Healthcare products Regulatory Agency (MHRA) is reinforcing essential safety advice for anyone using medicines or me… HM GovernmentSource
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STEP talks fusion energy careers with local students
Students explored careers in fusion energy as STEP partnered with Bassetlaw District Council for Jo White MP’s Summer School in Worksop and Westminster. HM GovernmentSource
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Households given freedom and choice with more ways to cut energy bills
Government sets out plans for a more flexible electricity system, helping working families save on their bills. HM GovernmentSource
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Folkestone business wins US contract through $475,000 UK Export Finance deal
UKEF announces its support for British engineering firm Dyrhoff, enabling the company to supply key components for a large-scale water management project in the United States. HM GovernmentSource
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