Browsing: Business

The UK economy grows without entering recession, though inflation, business investment and labour demand remain key areas of clear weakness. The post UK economy avoids recession as cost pressures remain appeared first on British Messenger.

UK solar power reached 22.8 GW in June, while an 800-watt plug-in solar framework moves toward its August 27 start date under new safety rules. The post UK solar market reaches 22.8 GW before new plug-in rules appeared first on British Messenger.

Brent crude rose 7.9% above $90 as U.S. oil stocks hit a 2018 low, before prices retreated and OPEC+ raised its September output target. The post Oil prices rally above $90 then fall on supply changes appeared first on British Messenger.

As Phase 4 begins, UK invests £8.4 billion in nuclear submarine programme to build four Dreadnought class deterrent vessels. The post UK defense funding accelerates HMS Dreadnought construction appeared first on British Messenger.

Belgium’s annual inflation exceeds forecasts, rises to 3.56 percent in July, increasing wage indexation pressures. The post Belgian annual inflation ticks up past forecasts to reach July peak appeared first on British Messenger.

EU set to fall short of 2030 ICT target by 5 million workers, driving European tech firms to rely on non-EU skilled talent.

The European Central Bank keeps interest rates precisely steady this July to evaluate regional inflation and broader energy risks. The post European Central Bank keeps interest rates firm against risk appeared first on British Messenger.

UK private sector wage growth hits six year low at 2.9%, easing inflation pressures and holding interest rates steady.

Indonesia’s nationwide B50 biodiesel blend raises palm oil demand, reduces fossil diesel use and targets US$10.8 billion in 2026 savings.

Brent and WTI climbed more than 4% as falling vessel traffic through the Strait of Hormuz limited major Gulf energy shipments this week.