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Grocery inflation in the United Kingdom reaches a record high of 17.1%, according to market research group Kantar Worldpanel, amid high levels of inflation, supply chain issues and high energy costs impacting the economy.
2023-02-28

Chancellor of the Exchequer Jeremy Hunt delivers the delayed autumn statement to parliament, announcing measures to stabilize the economy amid a cost of living crisis, including raising the National Living Wage from £9.50 an hour to £10.42 beginning next year, increasing pensions and welfare payments in line with rising inflation, introducing a higher rate windfall tax on the profits of energy firms, introducing a new "temporary tax" on companies that generate electricity, and capping rent increases in the social sector to 7% until 2024.
2022-11-17

According to the Office of National Statistics, the economy of the United Kingdom shrank 0.3% in August, as the cost of living crisis continues to affect many industries.
2022-10-12

Panasonic announces their intent to move their European headquarters from London to Amsterdam, citing concern over Brexit.
2018-08-30

Following the cancellation of the Williams & Glyn bank formation, the Royal Bank of Scotland announces the closure of 162 RBS and subsidiary NatWest branches across the United Kingdom.
2018-05-1

British supermarkets Asda and Sainsbury's agree terms on a £13 billion merger, which could form the largest UK supermarket company.
2018-04-30

A report reveals that 2017 saw over ten thousand new businesses in the technology sector throughout the United Kingdom, with all areas seeing growth over 2016. Scotland saw a 77% increase with 440 new firms.
2018-04-6

The International Monetary Fund urges the UK government to slow the pace of its budget cuts in 2013 if economic growth does not recover.
2012-07-19

Chancellor of the Exchequer George Osborne hails the results as proof that the economy is going through a steady recovery, but opposition Labour Party leader Ed Miliband asserts that the recent spending review and budget cuts will harm economic performance.
2010-10-26

BT Group and TalkTalk Group announce they are seeking a judicial review of the Digital Economy Act 2010.
2010-07-8