UK economy flatlines in January as people cut back on eating out

Many countries are also dependent on these waters for significant supplies of other petrochemical products, made at the refineries in the region. These include jet fuel, diesel, fertiliser ingredients and industrial products such as helium, essential for microchip manufacture.

Revel Collective The owner of Revolucion de Cuba and Peach Pubs is to go into administration, putting as many as 2,200 jobs at risk. Revel Collective, the parent company which has 62 pubs and bars across the UK, put itself up for sale in October after facing what it called “a continued period of external…

US President Donald Trump says he has created a new taskforce focused on artificial intelligence, which will be led by Director of National Intelligence Jay Clayton. The “Super Intelligence Force” will work to ensure that the US continues to lead in the technology’s development and will coordinate the government’s engagement with the public, Trump posted…

UK government borrowing in September hit the highest level for the month in five years, official figures show, highlighting the challenges facing the chancellor ahead of next month’s Budget. Borrowing – the difference between public spending and tax income – was £20.2bn in September, up £1.6bn from the same month last year, the Office for…

Nationwide has been fined £44m for not having the right processes in place for detecting financial crime between 2016 and 2021. The building society had “ineffective systems” for assessing risk and monitoring the transactions of its customers, the Financial Conduct Authority (FCA) said. In one instance, Nationwide missed opportunities to identify unusual activity after £26m…