Business & Economy

Published: 09 September 2026.The English Chronicle Desk. The English Chronicle Online. The chief executive of Britain’s air traffic control provider has been summoned to meet the UK transport secretary as widespread flight disruption entered its second day, with more than 1,900 cancellations recorded across airports and hundreds of thousands of passengers affected. Martin Rolfe, chief executive of Nats, is expected to brief Transport Secretary Heidi Alexander on Wednesday as pressure...

Published: 09 September 2026.The English Chronicle Desk. The English Chronicle Online. British supercar manufacturer McLaren is set to create around 1,000 jobs in the UK as part of a major £450 million investment in technology and future vehicle development, offering a significant boost to Britain’s automotive sector at a time when manufacturers across Europe are facing mounting economic and competitive pressures. The new positions will be created as McLaren expands...

Published: 09 September 2026. The English Chronicle Desk. The English Chronicle Online The United States has announced new restrictions on a range of Canadian imports, including alcoholic drinks, dairy products and motorbikes, intensifying an already damaging trade dispute between the two neighbouring countries. The measures, announced through a series of executive orders by US President Donald Trump on Tuesday, are due to take effect on 29 September. The White House...

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. Global oil prices have moved sharply higher towards the psychologically important $100-a-barrel level after attacks on energy facilities in southern Saudi Arabia added to concerns about disruptions to supplies across the Middle East. Brent crude, the international benchmark, climbed above $99 a barrel during Tuesday trading, putting prices at their highest level since July. The latest increase came...

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. Councils across England are spending more than £125 million a year to place some of the country’s most vulnerable children in care settings that are not legally registered, an investigation has found, exposing the scale of a rapidly expanding market created by a severe shortage of suitable accommodation. Analysis of local authority payment records covering the past two...

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. The UK government is preparing a significant shift in its approach to Israel, with Foreign Secretary Ed Miliband expected to announce measures targeting trade with Israeli settlements in the occupied Palestinian territories and to reaffirm Britain’s support for Palestinian rights and a two-state solution. The proposed policy represents a more active British approach to the Israeli-Palestinian conflict and...

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. Billionaire hedge fund manager Chris Rokos is preparing to leave the UK and move his tax residency to Greece, according to reports, making him the latest prominent member of Britain’s wealthy financial community to consider relocating amid debate over the country’s tax policies. Rokos, founder of Rokos Capital Management, is reportedly planning to establish an office in Athens...

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. More than 40 major retailers across the UK are preparing to offer up to 100,000 short-term work placements to young people who are not currently in employment, education or training, in an effort to help them gain experience and move towards paid work. The initiative, developed in partnership with the Department for Work and Pensions, is aimed at...

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. BUENOS AIRES — Argentina is preparing to file criminal charges against Israeli energy company Navitas Petroleum and several of its executives over oil exploration and production activities in the Falkland Islands, escalating a long-running dispute with the United Kingdom over sovereignty of the South Atlantic territory. The planned legal action follows a renewed push by Argentine President Javier...

Published: 07 September 2026. The English Chronicle Desk. The English Chronicle Online. UK house prices have fallen on an annual basis for the first time in almost three years, highlighting growing pressure on the property market as higher mortgage costs, persistent inflation concerns, geopolitical uncertainty and stretched household finances weigh on prospective buyers. According to Lloyds, the average UK property was worth £298,468 in August, representing a 0.4% decline compared...