News

UK Economy Returns to Growth in May as Services Sector Offsets Weakness Elsewhere

The UK economy returned to modest growth in May, offering a slight improvement after contracting in April, though the latest…

UK Unveils £45 Million Music Strategy to Support Venues, Festivals and Independent Businesses

The UK government has launched its first long-term strategy for the music industry, announcing a £45 million support package, business…

Study Finds Space Launch Costs Falling Faster Than Steamship Era, Opening New Commercial Opportunities

The cost of sending cargo into orbit is declining at a pace that surpasses the transportation revolution sparked by steamships…

Think Tank Calls for Sweeping UK Tax Reforms to Boost Economic Growth

A blueprint from one of Britain's right-leaning think tanks is calling on the incoming Prime Minister, Andy Burnham, to adopt…

UK Businesses Cut Hiring as Economic Activity Falls to Five-Year Low

British businesses pulled back on hiring and focused on preserving operations in June as rising costs, weak consumer spending and…

Qatar Condemns Iranian Missile Attacks as Gulf Tensions Escalate

Qatar has sharply criticized a fresh round of Iranian missile strikes on its territory and some of its Gulf neighbors,…