Business & Economy

Published: 1 December 2025. The English Chronicle Desk. The English Chronicle Online. High streets across the United Kingdom experienced noticeably lower footfall during this year’s Black Friday period, highlighting the growing caution among consumers as concerns continue to mount over the direction of the national economy in 2026. Newly released data suggested that shoppers were reluctant to visit traditional retail destinations, underscoring the strain created by persistent living costs, rising...

Published: 28 November 2025 Friday. The English Chronicle Desk. The English Chronicle Online China's leading telecom companies, Huawei and ZTE, have won multiple contracts this year to supply 5G equipment in Vietnam, signaling Hanoi's deepening ties with Beijing and raising concerns among Western officials, according to seven sources with direct knowledge of the situation. Vietnam had long been cautious about integrating Chinese technology into sensitive infrastructure. However, in recent months,...

Published: 28 November 2025 Friday. The English Chronicle Desk. The English Chronicle Online EU antitrust regulators will examine whether Apple's Apple Ads and Apple Maps should be subject to the stringent requirements of the bloc's Digital Markets Act (DMA) after both services met key criteria. The U.S. tech giant, however, argues that they should be exempt. Apple's App Store, iOS operating system, and Safari web browser were already designated as...

Published: 28 November 2025 Friday. The English Chronicle Desk. The English Chronicle Online Prime Minister Mark Carney’s newly announced agreement with Alberta to advance a long-debated oil pipeline to Canada’s Pacific coast has already ignited significant controversy across the country. The deal, presented as a historic reset of relations between Alberta and Ottawa, marks the federal government’s strongest endorsement yet of a major energy project aimed at expanding access to...

Published: 28 November 2025 Friday. The English Chronicle Desk. The English Chronicle Online India is facing one of its most intense national debates in years after the government moved to implement what many are calling the country’s biggest labour reform since independence. By consolidating 29 federal labour laws into four simplified codes, the government has dramatically reshaped the rules that govern the country’s vast workforce. Supporters say the reforms modernise...

Published: 26 November 2025 Wednesday. The English Chronicle Desk. The English Chronicle Online English regional mayors are set to receive new powers allowing them to introduce an overnight tourist tax, a move the government says will strengthen local investment and support city-led growth. The initiative, announced by Local Government Secretary Steve Reed ahead of Wednesday’s Budget, marks a significant shift in England’s local revenue system and signals closer alignment with...

Published: 25 November 2025. The English Chronicle Desk. The English Chronicle Online Shoppers are being urged to exercise caution this Black Friday, as consumer group Which? has raised concerns over misleading deals at major retailers. Their latest investigation reveals that the majority of products marketed as Black Friday bargains are, in fact, not the best prices of the year. The findings suggest that eight in ten deals are either the...

Published: 25 November 2025. The English Chronicle Desk. The English Chronicle Online Chancellor Rachel Reeves has notably omitted any reference to economic growth ahead of her critical Budget announcement on Wednesday. Since taking office 18 months ago, Reeves emphasised economic growth as her “number one mission,” but discussion of it was absent during her address to MPs on Monday evening. Instead, she outlined three priorities for the Budget: cutting the...

Published: 24 November 2025. The English Chronicle Desk. The English Chronicle Online. Transport Secretary Heidi Alexander has firmly denied that recent leaks ahead of the Budget have harmed the economy. Concerns have grown after criticism that ongoing speculation has created paralysis among businesses and consumers, affecting decision-making and confidence. In recent months, the media has widely reported on potential tax increases, exploring various measures the government could adopt to balance...

Published: 24 November 2025. The English Chronicle Desk. The English Chronicle Online. Billionaire Lakshmi Mittal has reportedly moved his tax residence to Switzerland, ending nearly thirty years in the United Kingdom. The industrial magnate, often dubbed the “King of Steel” by the media, is the latest ultra-wealthy individual to seek a more favourable fiscal environment amid proposed tax changes for high earners. Mittal’s business empire, ArcelorMittal, is a Luxembourg-based steel...