Heritage knitwear specialist John Smedley is betting on UK manufacturing being able to make a comeback in a much-changed world and is investing millions in making its factory in England available for third-party manufacturing for the first time in four decades. John Smedley The globally-stocked brand said it has seen growing demand for manufacturing services … Read more
By Danica Kirka | Associated Press LONDON — British Prime Minister Rishi Sunak ‘s latest effort to send some migrants to Rwanda finally won approval from Parliament early Tuesday, hours after he pledged deportation flights would begin in July. The parliamentary logjam that had stalled the legislation for two months was finally broken just after … Read more
Despite this, the piece argued, the ruling People’s Action Party (PAP) will win at the coming General Election due to its “formidable organisation, unrelenting attacks on the opposition, a docile press”, among other factors. They can’t stand that a people they were accustomed to lecturing are now doing better than they are, across the boardK … Read more
Descrease article font size Increase article font size Britain said on Wednesday that post-Brexit trade arrangements with Canada that enable its carmakers to avoid high tariffs there were likely to expire next week, marking the latest deterioration in trade ties between the historic allies. Britain and Canada paused talks over a new free trade agreement in January … Read more
The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole. It also said the sector’s contribution to the economy has grown 69% in only five years. That’s despite Brexit, the end of tax-free shopping for tourists, … Read more
Theresa May, 67, was the Prime Minister of Britain between 2016 and 2019 during the height of the tumultuous Brexit row in the country. Theresa May has stepped away from frontline politics after 27 years. (Reuters) Former British Prime Minister Theresa May Friday stepped down as a member of the Parliament in the Britain’s House … Read more
British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year. Hannah Mckay | Reuters LONDON — Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a modest package of tax cuts at his Spring Budget on Wednesday. Heading into what will … Read more
Is the so-called UK tourist tax nearing its end game? Strong and persistent pressure by the UK retail industry to reverse the government’s stubborn support of ‘tax’ could well be paying off. Chancellor Jeremy Hunt is understood to have asked the Office for Budget Responsibility (OBR) to look at whether VAT-free shopping for tourists should … Read more
K-Way staged its latest runway collection on Sunday, a techy sporty collection presented inside its HQ in BasicVillage. We caught up with its driving CEO Lorenzo Boglione to learn how his group have made the brand such a roaring success. K-Way Fall/Winter 2024 – K-Way A decade ago, no teenager would be seen dead in K-Way, a … Read more
“My working assumption is we’ll have a general election in the second half of this year,” he said on a visit to Mansfield, central England. UK’s Sunak nears first anniversary in power with little to celebrate The Tories, who have had five leaders and prime ministers in 14 years, are widely expected to lose the … Read more
