Economic Growth

OATA calls for simplified tariff regime on US imports

OATA has written to the Department for Business and Trade to raise concerns over potential US retaliatory tariffs, with OATA…

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Chancellor resists calls for business relief in Spring Statement

Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming tax changes this April, as part…

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R&E Bamford eyes European expansion following Boost support

Fourth-generation family-run animal feed manufacturer R&E Bamford has its sights set on expanding its export markets after receiving a range…

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Retail sales jump 0.5% in July

UK Total retail sales increased by 0.5% year on year in July, against a growth of 1.5% in July 2023,…

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Starmer vows to ‘make work pay’ in King’s Speech

The new Labour government has outlined its main goals for the new parliament as part of the King’s Speech today…

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Supply chain pressures slow down retail growth

Continued supply chain pressures, including cost increases, delayed materials and shortages are the main concern for over a third of…

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86% UK pet retailers claim exporting boosts business

Some 86% of pet retailers have claimed that exporting has increased their revenue and made their businesses stronger, according to…

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Chancellor announces sweeping tax cuts in first mini-budget

Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a £60bn energy support package as…

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Retail responds to ‘underwhelming’ Spring Statement

Both Bira and CBI have expressed disappointment in the chancellor’s Spring Statement, with Bira having declared it is “underwhelmed with…

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UK economy surpassed pre-Covid levels in November

Gross domestic product (GDP) has surpassed its pre-pandemic level for the first time as it grew by 0.9% in November…

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