Business

The Government has unveiled a sweeping new Critical Minerals Strategy designed to end the UK’s overreliance on foreign suppliers of vital materials used in smartphones, electric vehicles, wind turbines and household electronics. The plan aims to produce 10% of the UK’s critical mineral needs domestically and recover 20% through recycling by 2035, backed by up to £50 million in new funding and deeper alignment with the Government’s national security and industrial goals. Announcing the strategy,...

Women across the EU symbolically begin “working for free” from today, as the bloc marks the point in the calendar when pay inequality means women, on average, stop earning relative to men. With the EU gender pay gap standing at 12%, 22 November represents the date after which women’s work is, in effect, unpaid compared with their male colleagues. The European Commission used the occasion to warn that progress on closing the gap remains painfully...

The British Business Bank has published a new five-year strategic plan designed to deliver a step change in how smaller businesses across the UK access finance, following an expanded mandate and increased government backing. The plan, unveiled today, responds to the Government’s decision earlier this year to increase the Bank’s permanent financial capacity to £25.6 billion and give it greater flexibility to support high-growth and strategically important companies. The Bank said the updated mission reflects...

A cross-party group of MPs will deliver a 152,000-signature FairFuelUK petition to 10 Downing Street on Tuesday, calling on Chancellor Rachel Reeves to cut or at least freeze fuel duty in next week’s Winter Budget. The delegation will be led by Lewis Cocking, MP for Broxbourne, amid rising concern that the Treasury is preparing increases that campaigners say would hit households, small businesses and rural communities hard. The appeal comes as speculation intensifies in Westminster...

Britain’s late-night economy is at risk of losing up to 10,000 more venues and 150,000 jobs by 2028 unless the Chancellor delivers urgent support in the Autumn Budget, industry leaders have warned. The Night Time Industries Association (NTIA) said rising costs, fragile consumer confidence and the threat of further tax increases have pushed the sector to the brink, with many operators poised to close in the New Year if measures go against them. The crisis...

The government has borrowed £9.9 billion more than expected so far this fiscal year, intensifying the economic pressure on Chancellor Rachel Reeves as she prepares to deliver next week’s Budget. New figures from the Office for National Statistics (ONS) show that public sector borrowing hit £17.4 billion in October, down £1.8 billion on the same month last year but still the third-highest October total on record. Since April, borrowing has reached £116.8 billion, the second-highest...

The government has announced a sweeping package of artificial intelligence investments and reforms designed to accelerate economic growth, support national renewal and strengthen the UK’s position as a global leader in AI. Placing AI at the heart of the UK’s Modern Industrial Strategy, ministers said the programme would unlock billions of pounds in private investment while enabling new opportunities for businesses, researchers and local communities. Central to the announcement is the creation of a major...

Retail sales slipped in October as wary consumers delayed purchases ahead of the Chancellor’s Budget and the start of the Black Friday discount period. Sales volumes fell by 1.1%, the first contraction in three months and significantly worse than the flat reading economists had expected. The Office for National Statistics (ONS) said the drop was partly driven by shoppers intentionally holding off on spending until this month’s major discount events. Grant Fitzner, ONS chief economist,...

The operator of the Channel Tunnel has frozen millions of pounds of planned investment in Britain and warned that rail fares could rise after the Valuation Office Agency (VOA) proposed a 200 per cent increase in its business rates bill. Eurotunnel, owned by French group Getlink, said it was in “deep disagreement” with the planned revaluation, describing it as “unjustified and confiscatory in nature”. The company currently pays £22 million a year in business rates...

In most British workplaces, people notice safety messages long before they meet a manager or supervisor. Simple visual prompts set expectations about behaviour, safety, and respect from the moment someone steps through the door. Those early cues shape how visitors feel about risk, responsibility, and standards inside the organisation. Clear no smoking signs are part of that first impression for staff, customers, and visitors. They show that leaders take legal duties seriously and want a...