The Competition and Markets Authority has slapped US pharma giant Pfizer with a £63 million fine after it was accused of overcharging the NHS. The CMA said the company had charged unfairly high prices for phenytoin sodium, an epilepsy drug,...
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5th Dec 2025 | Updated at 04:53am 5th Dec 2025
Where is growth in the Budget?
Rachel Reeves and the government have missed a real opportunity to put our country on a growth trajectory in this Budget.
Why Britain’s middle class feels squeezed
- 04 Dec 2025
Rachel Reeves has pulled a staggering £66bn from the UK economy: £40bn in the October 2024 Budget, largely from businesses, and another £26bn in the November 2025 Budget, hitting workers, the wealthy and businesses to fund higher welfare spending...
The government's rushed negotiating strategy for getting a free trade agreement (FTA) with India risks a bad deal, a parliamentary committee has warned. The House of Lords International Agreements Committee said an "arbitrary" deadline to reach...
A study found that economic activity levels among the over-50s are at their highest since the pandemic began. Rest Less, which offers advice to older people, said its analysis of official statistics appears to show the first signs of a return...
UK company finance directors are bracing for a recession and a doubling of interest rates in their most pessimistic outlook since 2008, according to a survey conducted by Deloitte. The consulting firm’s quarterly survey of executives at leading...
HM Revenue and Customs has produced a revised estimate for fraud and error in its coronavirus support schemes that indicates the total will be between £3.2 bn and £6.4 bn – with the “most likely” figure being £4.5 bn. The figures, contained...
Metro Bank, Lloyds and NatWest are among six high street banks that have broken rules about the way they provide information to customers prompting action from the Competition and Markets Authority (CMA).
Britain’s Office for National Statistics (ONS) has said that the UK's annual consumer price inflation rose in June to 9.4%, the highest since February 1982, up from May’s 9.1% and above the 9.3% consensus in a poll of economists.
We are in interesting times. Currently we are in a high inflationary environment, with relatively low interest rates. One way to look at interest rates is to say the rates have gone up 500% within a 2-year period. Another way is historically...
A research by the School of Marketing found that the Cardiff area in UK is the best place to start a business. The year 2021 saw 72.14% higher business openings than closures, with 3,460 new businesses in the region compared to 2,010 shutting...
The UK economy grew by 0.5% during the month, the Office for National Statistics (ONS) said, higher than the flat growth most economists expected. Every area of the economy expanded including construction, travel and manufacturing.
