Royal Mail has been fined a record £10.5 million by the postal regulator after delivering more than a quarter of first-class letters late. Ofcom said that the company failed to meet its obligations to handle letters swiftly enough, marking the ...
Britain’s workforce will slide to a record low as growing numbers of people too unwell to work dampen the economy’s future prospects, according to the tax and spending watchdog. New projections from the Office for Budget Responsibility (OBR) suggest the ...
Britain’s farmers are set to collectively lose around £600 million after poor growing conditions produced the second-worst wheat harvest on record. New figures from the Department for Environment, Food and Rural Affairs reveal that the UK’s wheat crop fell to ...
A modern misconception of antebellum slavery is that it “built the country.” Actually, the institution of slavery, economically speaking, was a deadweight loss to the US economy. ...
The UK economy unexpectedly shrank by 0.1 per cent in October, marking its second consecutive monthly decline, according to official data from the Office for National Statistics (ONS). Economists had predicted a return to modest growth following September’s fall, but ...
Tangle Teezer, the British hairbrush company famously rejected by Dragons’ Den panellists seventeen years ago, has been acquired by French consumer goods giant Bic in a deal worth €200 million. Founded in 2007 by former hairdresser Shaun Pulfrey, 63, Tangle ...
More than 10,000 people running small businesses have enrolled in the Help to Grow: Management programme, a government-subsidised training initiative designed to enhance leadership and boost productivity. By September, 10,635 individuals had signed up, with 7,860 completing the 12-week course ...
Make UK, the leading organisation representing British manufacturers, has announced Lord (Richard) Harrington as its new Chair. He will succeed Lord (John) Hutton, who has served as Chair since 2022, and will formally take up the position in early 2025. ...
The state and its friends reject the scarcity principle and uphold its polar opposite, the Santa Claus principle. ...
Mises Institute President Tom DiLorenzo joins Ryan McMaken to look at the many ways that the taxes, known as “tariffs,” destroy wealth and empower the state. ...