Business & Economy

Goldsmiths Students Seek Compensation Amid Strike

Published: 26 October 2026. The English Chronicle Desk. The English Chronicle Online Students on a fine art course at Goldsmiths, University of London, are calling for compensation after a prolonged staff strike disrupted teaching, feedback and course activities, leaving some students questioning whether they are receiving the education they expected after paying substantial tuition fees. The dispute at the south-east London university has now entered its 21st week, making it...

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UK Aid Set to Fall Short of Reduced 2027 Target

Published: 26 October 2026. The English Chronicle Desk. The English Chronicle Online The UK is on course to miss its already reduced international aid spending target in 2027, with new calculations suggesting the government could fall hundreds of millions of pounds short of its commitment and face renewed criticism over the future of Britain’s role in global development. Analysis by the Center for Global Development indicates that UK official development...

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Older Worker Training Plan Faces Business Backlash

Published: 26 October 2026. The English Chronicle Desk. The English Chronicle Online Britain’s largest employers have warned the government that plans to make workplace training more expensive for older workers could undermine efforts to tackle the country’s growing youth employment crisis, as ministers prepare a major overhaul of the apprenticeship funding system. The proposed changes, which are expected to form part of the government’s response to a review into youth...

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Nearly One in Four European Pilots Fly While Fatigued

Published: 26 October 2026. The English Chronicle Desk. The English Chronicle Online Nearly one in four European airline pilots routinely continue flying despite being too fatigued to work safely, while three-quarters have experienced involuntary microsleeps in the cockpit, according to a major survey highlighting persistent concerns about aviation safety, working conditions and fatigue management across the European aviation industry. The findings, based on responses from almost 7,200 captains and first...

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Post Office Closures Raise Fears of UK Postal Deserts

Published: 24 October 2026. The English Chronicle Desk. The English Chronicle Online More than a third of the post offices operating inside the troubled TG Jones high street chain are expected to close by early 2027, raising concerns that communities across Britain could be left without convenient access to essential postal and financial services. The closures are part of a wider restructuring of the retail chain, which was formerly associated...

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Healey Pledges Major AI Investment for UK Security

Published: 24 October 2026. The English Chronicle Desk. The English Chronicle Online Chancellor John Healey is preparing to use his first budget to make artificial intelligence a central part of Britain’s strategy for national security, economic growth and technological independence, promising hundreds of millions of pounds in new investment to help the country manage the opportunities and dangers created by rapidly advancing AI. Healey is expected to announce a major...

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British Retail Sales Fall as Struggling Families Tighten Belts Ahead of Budget

Published: 23 October 2026. The English Chronicle Desk. The English Chronicle Online Retail sales across Great Britain experienced a sharper decline than expected last month as struggling households across the nation continued to cut back on discretionary spending. The latest downturn in consumer activity adds to a growing series of negative economic indicators confronting Chancellor of the Exchequer John Healey as he puts the final touches on his upcoming budget...

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UK Consumer Confidence Plunges at Fastest Rate Since Brexit Vote

Published: 23 October 2026. The English Chronicle Desk. The English Chronicle Online UK consumer confidence has suffered its sharpest single-month decline outside the early days of the Covid-19 pandemic since the 2016 Brexit referendum. Driven by escalating economic damage from Middle East conflicts and persistent inflation, consumer sentiment has plummeted across the country, creating a difficult economic backdrop for Chancellor John Healey ahead of his upcoming budget presentation. The latest...

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Jim Chalmers Navigates Hard Economic Choices as Inflation

Published: 23 October 2026. The English Chronicle Desk. The English Chronicle Online Australian Federal Treasurer Jim Chalmers faces an increasingly perilous economic landscape where every policy lever designed to resolve one crisis risks exacerbating another. In the lead-up to the mid-year budget update, Treasury officials have begun revising economic projections downward, signaling slower domestic growth, stubborn inflationary pressures, and rising unemployment across the national economy. The shifting outlook highlights what...

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Tax Online Sales to Save High Street, Burnham Urged

Published: 22 October 2026. The English Chronicle Desk. The English Chronicle Online As the government prepares for its highly anticipated inaugural budget, Prime Minister Andy Burnham and Chancellor John Healey are facing mounting pressure from senior economic advisers and business leaders to overhaul the nation's tax system and rescue struggling high streets from terminal decline. Leading figures, including British Chambers of Commerce president Andy Haldane, have urged Downing Street to...

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