Economy
UK exports of clothing and footwear to the EU strangled by red tape
A new study suggests that since Brexit complex regulations and red tape at the border have deterred clothing and footwear exports from the UK to Europe. However, beauty and health products, as well as gardening and DIY product exports remain robust.
Culture news
Latitude Festival 2024: Musicians dropping out over Barclays links
Several musicians are dropping out of the upcoming UK music festival Latitude, over its sponsorship with Barclays and the bank’s ties to Israel. These announcements come shortly after the major boycott of The Great Escape in Brighton last month, also due to its ties with Barclays.
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Economy
UK inflation slows less than predicted: Is a summer rate cut in doubt?
UK inflation slowed to 2.3% in April 2024, the lowest since July 2021, down from 3.2% in March, but missed the predicted drop to 2.1%. Core inflation, excluding energy, food, alcohol, and tobacco, rose by 3.9% year-on-year, above expectations.
The United Kingdom, known for its historic monarchy and cultural influence, continues to navigate the post-Brexit era, reshaping its political and economic landscape. Follow key developments in government policy, trade relations, and social change as the UK defines its future outside the EU.