A view of the Port of Felixstowe, as containers are seen aboard the container ship Ever Greet, in Felixstowe, Britain on Jan 28, 2021. (File photo: Reuters/Peter Cziborra) he 11 members of a trans-Pacific trade pact which includes Japan and Australia are expected to soon reach broad agreement with Britain on it joining the partnership, … Read more
The Scottish and UK governments have agreed to establish two green freeports in Scotland. The special economic zones, offering tax breaks and lower business tariffs, are being promoted by the UK government as part of its “levelling-up” agenda. The Scottish Greens, the SNP’s Scottish government partners, criticised the plans as “greenwashing” and said it was … Read more
Like many companies, Pickering’s Gin have faced supply chain disruption and rising prices during the pandemic The low point for Matt Gammell, co-founder of Pickering’s Gin, came last spring when he got down to his last pallet of glass bottles. A longstanding order with a European glass maker was cancelled at short notice, and the … Read more
The Bank of England will be forced to revise up its forecasts for inflation for the fourth consecutive time, when it updates it outlook today. The central bank’s monetary policy committee is expected once again to raise its projections for inflation in its quarterly monetary policy report — previously called the Inflation Report — which … Read more
Car production in the UK last year fell to its lowest level since 1956, according to figures from the Society of Motor Manufacturers and Traders. The SMMT said the figures were dismal, largely thanks to a global microchip shortage and disruption caused by the coronavirus pandemic. It said there was optimism for the future, with … Read more