Business & Economy

Iceland to Open First UK High Street Store in Falklands

Published: 10 September 2026. The English Chronicle Desk. The English Chronicle Online. UK supermarket chain Iceland is set to become the first major British high street retailer to establish a physical presence in the Falkland Islands, with plans to open a new store in the territory's capital, Stanley, in early December. The retailer said the new shop would be launched in partnership with local business Kelper Stores, marking what the...

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JPMorgan Boss Warns Against UK Bank Tax Rise

Published: 10 September 2026. The English Chronicle Desk. The English Chronicle Online. JPMorgan chief executive Jamie Dimon has warned senior UK politicians that increasing taxes on banks could put investment and employment at risk, as the government considers whether to introduce higher levies on the financial sector in its upcoming October budget. Dimon, one of the most influential figures in global banking, met Andy Burnham and Chancellor John Healey on...

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Trump Pledges $5,000 if Republicans Win Midterms

Published: 10 September 2026. The English Chronicle Desk. The English Chronicle Online. US President Donald Trump has pledged to give every adult American citizen $5,000 if Republicans retain control of both the House of Representatives and the Senate in the upcoming midterm elections, making the extraordinary promise during a lengthy speech at the Republican midterm convention in Dallas, Texas. The proposal, which could cost the federal government more than $1...

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Apple Folding iPhone Set for Major CEO Test

Published: 09 September 2026.The English Chronicle Desk. The English Chronicle Online. Apple is expected to unveil its first foldable iPhone at its annual autumn product launch on Wednesday, marking what could become one of the most significant changes to the company’s flagship smartphone since the original iPhone transformed the mobile industry almost two decades ago. The anticipated device is expected to feature a foldable design that allows the phone to...

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Nats Boss Summoned as UK Flight Chaos Continues

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...

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McLaren to Create 1,000 UK Jobs in £450m Investment

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...

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US Bans Canadian Goods as Trade War Escalates

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...

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Oil nears $100 as Saudi attacks shake markets

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...

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Councils spend £125m on illegal children’s care

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...

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UK plans tougher Israel stance with settlement trade ban

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...

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