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Business

Reuters
Jun 23, 2025

UK to issue 10-year industrial strategy aimed at boosting growth

Britain has so far pledged more than 1.5 billion pounds ($2 billion) to be delivered through a series of targeted government funds to support skills development, creative industries and sport.

Business

Web Desk Karachi
Feb 06, 2025

Bank of England set to lower interest rates amid UK economic uncertainty

With inflation on a downward trend, the monetary policy committee (MPC), composed of nine members, is widely anticipated to cut rates by a quarter point to 4.5 percent, marking the lowest level since June 2023.

Business

Web Desk Karachi
Dec 19, 2024

Brexit cost UK £27bn in lost trade in first two years, says LSE report

An assessment by the Office for Budget Responsibility (OBR) has forecast that the UK will suffer a 15% slump in trade, leading to a 4% reduction in national income, over the longer term.