The Communications Workers Union (CWU), which represents more than a 100,000 Royal Mail postal workers, said British postal workers will hold the strike in protest over pay on Aug 26 and 31 as well as Sept. 8 and 9.

Liz Truss vowed to do “all that I can” to help households struggling with the cost of living crisis, in a change of tone that her Conservative leadership rival Rishi Sunak described as a “major U-turn on the biggest issue facing the country”.

Last week, the Bank of England predicted that the UK will fall into a recession by the autumn and could have more than a year of subsequent economic contraction.

The winner of the Conservative party leadership contest will face huge additional costs of servicing the nation’s debt and paying social security benefits as a result of rising inflation and interest rates.

The pot of cash was set up by the former chancellor Rishi Sunak with the aim of supporting start-up firms struggling to capture investment during the depths of the pandemic and has supported 1,190 companies with funding worth £1.14bn.

India's third largest private lender Axis Bank is winding up its subsidiary in Britain after a deal with financial firm OpenPayd failed, it said in a regulatory filing recently.

July saw the slowest increase in the number of permanent jobs filled for 17 months. In fact, according to a report, hiring in the UK has slowed amidst uncertainty over the economy.

The UK-India trade talks, which began in January, are already in full flow. The two sides finished the fifth round of negotiations recently, and are working towards the October 24 deadline that Boris Johnson - recently ousted by his own party...

Under the Professional Qualifications Act, the UK government can ensure regulators have the ability to agree recognition arrangements with overseas counterparts. These recognition arrangements can make it easier for British professionals to...