UK Unemployment Hits 5.2%, Pound Plummets
UK unemployment reaches 5.2%, highest since 2021, causing Sterling to fall sharply against dollar and euro as labour market shows signs of cooling.
UK unemployment reaches 5.2%, highest since 2021, causing Sterling to fall sharply against dollar and euro as labour market shows signs of cooling.
Tesco Clubcard holders have just two days left to spend 65p and unlock free kids meals in Tesco cafes during half-term. The offer ends on February 20.
Retail World at Team Valley in Gateshead, a premier shopping destination with over 30 brands, has been purchased by Ashtrom Properties UK for a reported £100m-plus, marking one of the region's most significant real estate transactions of the past year.
Small Business Minister Blair McDougall supports the FUEL initiative, launching in Newcastle, to help UK SMEs overcome funding barriers and become investor-ready through expert workshops and direct meetings.
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RecommendedTesco introduces a free kids' meal deal in its in-store cafés during February half term. The offer requires an adult purchase and Clubcard scan, with regional date variations across England and Wales.
Tesco introduces a new perk allowing Clubcard members to convert vouchers into travel insurance, helping Brits save on holiday costs amid rising travel demand.
FE Tech, a Leeds-based education technology company, is accelerating its global expansion into Asian markets after receiving support from the West Yorkshire Business Boost Export Programme, securing new partnerships and revenue.
Marks & Spencer unveils plans for an 18,000 sq ft Foodhall in Northwich, Cheshire, featuring an in-store bakery, flower and wine shops, and a click and collect facility, potentially creating 70 new jobs.
Tesco is releasing 120,000 additional delivery slots for Easter, with priority access for Anytime Delivery Saver and Click+Collect customers from February 24.
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RecommendedFinance experts warn savers to reassess their accounts as the annual ISA tax-free allowance drops from £20,000 to £12,000 for under-65s from April 2027, with fraud risks highlighted.
The average credit card purchase APR has surged to 35.8%, the highest level in two decades, with experts warning about rising debt and advising consumers to monitor spending closely.
Birmingham is experiencing a significant employment surge with over 1,500 residents aged 50-plus returning to work, marking a 10% annual increase. The DWP's targeted initiatives, including job fairs and mobile jobcentres, are driving this success.
The European Commission has opened a formal investigation into Shein for suspected breaches of EU law, including the sale of childlike sex dolls and weapons, as well as concerns about addictive design and opaque recommender systems.
Marks & Spencer's fleece hooded dressing gown, priced at £30, is receiving rave reviews from shoppers who describe it as soft, warm, and perfect for cold nights at home. Available in four colours and multiple sizes.
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RecommendedNatWest has launched a new cash-switching offer, providing free £150 payments to new customers who move their accounts. The deal includes access to a high-interest savings account and requires a minimum deposit.
Shoppers are raving about a ribbed drop-waist midi dress from M&S, calling it 'gorgeous' and perfect for all-day wear. The affordable dress offers timeless elegance with a comfortable fit and versatile styling options for spring.
HMRC has recovered an additional £246 million in underpaid inheritance tax last year, with investigations rising to nearly 4,000 UK households as the tax authority uses AI and data-matching tools.
Major UK craft brewery Overtone Beer has entered liquidation, meaning its popular IPAs and stouts will be pulled from Aldi and Asda supermarket shelves across the country.
Rococo Chocolates, a luxury brand trading for over 40 years, has been acquired by Artisan du Chocolat, a premium chocolate maker famously loved by Gordon Ramsay.
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RecommendedAldi supermarkets in Birmingham have introduced a strict purchasing limit of four bottles per customer on their acclaimed Nicolas de Montbart Champagne Brut, priced at £13.99, to ensure wider availability.
Lloyds Banking Group has divested its European life insurance division, Scottish Widows Europe, to FTSE 250 firm Chesnara in a €110 million deal, adding significant assets and policyholders.
Asda has urgently recalled Stretcherz toys over fears they may contain trace levels of asbestos. Parents are warned to stop using the items immediately and return them for a full refund.
The Breakout Hack Patch It Up Everyday Multi Size Pimple Patches at Boots cost just 18p per patch and have received glowing reviews from customers who say they work effectively on breakouts.
Official ONS figures reveal Wales experienced a 1.2% drop in unemployment to 4.5%, contrasting with the UK's rise to 5.2%. Youth unemployment reaches highest level since 2015, sparking economic concerns.
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RecommendedDiscover a stylish rucksack designed to meet Ryanair's strict size limits, priced under £15. This affordable option helps avoid extra fees and ensures hassle-free boarding for cost-conscious flyers.
A Parkdean Resorts sale offers a three-night Easter holiday for two at Lower Hyde Holiday Park on the Isle of Wight for just £83 with a discount code, including entertainment and facilities.
HSBC is providing a switching offer for high earners, offering up to £750 in cashback and access to a digital private GP service for those who meet eligibility criteria by April 30, 2026.
NatWest is providing a £150 cash incentive and a competitive 7.00% AER savings rate to customers who switch to its Select or Reward accounts, with funds deposited within 30 days of meeting conditions.
UK homeowners can legally earn £20,070 tax-free by combining the personal allowance with the Rent a Room Scheme, which allows £7,500 annually from renting a furnished room.
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RecommendedThe University of the West of England has launched the next round of its Scale up 4 Growth scheme, offering match-funded grants to SMEs within a 50-mile radius to boost productivity and innovation.