On Friday, the Supreme Court confirmed the federal law banning Tiktok in the US from 19 Sunday, unless the app is sold. This unanimous decision to ban-or-sell the video app was made due to national security claims. “There is no doubt that, for more than 170 million Americans, Tiktok offers a distinctive and expansive outlet [...]
UK economic growth is set to accelerate this year after it missed forecasts in 2024, the International Monetary Fund (IMF) has said. The global economic body slightly upgraded its growth projection for the UK in a fresh update of its influential World Economic Outlook report. The IMF said UK gross domestic product (GDP) is on [...]
UK retail sales dropped during December, despite expectations of a Christmas bounce as consumers pulled back on spending. In a worrying sign for the economy, retail sales fell 0.3 per cent in December. Analysts had pencilled in growth of 0.4 per cent. November’s retail sales growth was also revised down by the Office for National [...]