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Third of UK firms hit by Red Sea crisis – survey

British firms say they are facing higher shipping costs and delays of up to four weeks due to Houthi attacks in the Red Sea,...

Saudi investment fund to buy 10% stake in Heathrow airport

Saudi Arabia's Public Investment Fund (PIF) has agreed to buy a 10% stake in Heathrow airport from Spanish infrastructure giant Ferrovial. Another 15% in its...

UK defence giant BAE Systems wins £3.95bn submarine contract

Britain's biggest defence firm, BAE Systems, has won a £3.95bn ($4.82bn) contract to build a new generation of submarines as the security pact between...

Five to be charged in UK with spying for Russia

Five people suspected of spying for Russia are to be charged in the UK with conspiracy to conduct espionage. Orlin Roussev, Bizer Dzhambazov, Katrin Ivanova,...

On China relations, the United Kingdom should keep the promise

By any stretch of the imagination, it is now clear that the West in general had grossly underestimated China’s social and economic potential. Due...

UK inflation unchanged in May as cost of living remains high

The UK's inflation rate is remaining stubbornly high, with prices for food, dining out and other recreational activities continuing to rise. Inflation, which measures the...


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