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What is the latest news on the UK economy?
Western support for Ukraine
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UK inflation vs the world
How will the UK economy fare in 2024?
Industrials
November 24 2025
Russian business & finance
Chinese exporters charge Russia more for war supplies
Price increases show that western restrictions are limiting Moscow’s capabilities, Bank of Finland research finds
4 hours ago
November 24 2025
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Eleanor Olcott
How China made cities less noisy
Electric vehicles, noise-reducing surfaces and no-honking zones are dampening the din of Beijing
November 24 2025
Automobiles
Car parts chief warns of job losses from ‘Darwinian’ competition in Europe
Valeo and other companies in the sector want Brussels to protect the industry from Chinese rivals
November 24 2025
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European capsule start-up races to build SpaceX rival
Franco-German group The Exploration Company is planning a significantly larger capital raise than its $160mn round last year
November 22 2025
UK Autumn Budget 2025
Reeves to extend electric vehicle grant in autumn Budget
Government seeks to boost critical minerals capacity as it encourages shift from petrol and diesel
November 22 2025
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UK defence spending
Royal Navy in row with army over funding to tackle Russian threat
Branches of armed forces press their case for greater investment but views diverge on where conflict may arise
November 21 2025
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European chemicals go from breaking bad to breaking worse
There’s little sign Europe’s leaders can restore the sector’s competitive edge
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November 21 2025
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Basic resources
Western allies seek to forge joint defence against cheap Chinese steel
‘Heightened sense of urgency’ as global steel production capacity to exceed demand by 38% by 2027
November 20 2025
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Electric vehicles
Europe’s carmakers risk losing plug-in hybrid war to China on their own turf
Hit by high EV tariffs, Chinese auto groups have pivoted to selling cheaper, technologically advanced vehicles
November 20 2025
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Robot threat to drivers’ jobs in China heralds wider shift
Concern grows that autonomous vehicles could replace human roles, with no guarantee of social safety net
November 19 2025
UK defence
Russian spy ship targeted RAF pilots with lasers, says UK defence secretary
John Healey warns that Britain’s rules of engagement have been changed in response to Yantar’s activities
November 19 2025
UK foreign policy
UK offers 1% of Brussels’ €6.7bn demand to join EU defence fund
Move raises doubts about whether deal can be done before November 30 deadline
November 19 2025
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US and Saudi Arabia reach deal for rare earths facility in Gulf kingdom
Mining group MP Materials will share minority stake in joint venture with US government to build and operate facility
November 19 2025
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Germany unveils its first space strategy
Berlin also plans to spend €35bn on military space capabilities by 2030
November 19 2025
Nexperia
Dutch government steps back from Nexperia intervention to ease chip supply issues
Stand-off had threatened global carmaker supply chains
November 19 2025
EU defence
Europe’s defence spending spree must fund domestic AI, official says
Henna Virkkunen says 10% of investment should be directed to artificial intelligence and quantum computing developed in EU
November 19 2025
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EU risks decimating its cobalt industry with new safety rules, business says
Glencore and Umicore among companies saying rules risk reinforcing dependence on China for crucial metals
November 19 2025
British Steel Ltd
UK government to line up bankers for British Steel sale
Plan comes seven months after emergency legislation allowed for taxpayer-backed takeover
November 19 2025
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Helicopter makers are circling a shrinking market
This is a field where sales have been flatlining for years
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November 19 2025
UK defence spending
No return to ‘hollowed out’ UK armed forces, defence secretary to say
John Healey to defend government’s military spending priorities as report raises concerns about readiness
November 18 2025
Oil & Gas industry
UK ministers accuse Exxon of lack of engagement over efforts to save Scottish plant
US oil group cancelled meetings during talks to try to avert closure of ethylene unit, correspondence claims
November 18 2025
Lex
AkzoNobel NV
AkzoNobel does a lacklustre job of painting by numbers
Investors are acting as if a merger with rival Axalta is a non-starter
November 18 2025
Industrial metals
EU plans to restrict aluminium scrap exports
Shortages have left bloc’s recycling industry fighting for survival
November 18 2025
Oil & Gas industry
ExxonMobil to close Scottish chemicals plant with loss of 200 jobs
US oil major blames difficult market conditions and UK policy environment
November 18 2025
Mergers & Acquisitions
Dulux owner AkzoNobel agrees $25bn merger with paint rival Axalta
Combined business creating one of the largest operators in the coatings market will have a single New York listing
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