Business & Economy

Published: 09 September 2025. The English Chronicle Desk Fresh controversy has engulfed former UK prime minister Boris Johnson after revelations suggested he may have used his taxpayer-funded private office to profit from contacts made while in government. Senior politicians from across the political spectrum are now calling for his £115,000 annual public duty allowance to be suspended pending a full investigation. The disclosures, uncovered through a major leak of documents...

Published: 09 September 2025. The English Chronicle Desk UK retail sales rose in August, boosted by record warm weather and a Bank of England interest rate cut, yet retailers remain cautious about the coming festive period amid concerns over potential tax rises. The latest figures from the British Retail Consortium (BRC), compiled in collaboration with KPMG, show that overall sales increased 3.1% year on year, with strong performances in food...

Published: 08 September '2025. The English Chronicle Desk The UK Advertising Standards Authority (ASA), the body responsible for regulating advertising across the country, is facing a complaint over its own nationwide marketing campaign, with critics alleging it may have breached the very rules it enforces. The ASA, which monitors advertising to ensure compliance with UK regulations, recently launched a campaign in partnership with household brands such as Tesco, Comparethemarket, and...

Published: 08 September '2025. The English Chronicle Desk Londoners are purchasing the lowest share of homes outside the capital in more than a decade, as the slowdown in the local housing market and the return to office-based working restrain their ability to move further afield. New research shows that buyers from London accounted for just 5.3% of house purchases elsewhere in the country during the first seven months of this...

Published: 06 September 2025. The English Chronicle Desk. The English Chronicle Online. Mobile phone retailers across the UK are increasingly locking their doors during trading hours and exploring technological solutions, such as “kill switches,” to combat a sharp rise in thefts driven by organised criminal gangs. VodafoneThree, which operates 650 stores nationwide, reported a 967% increase in theft incidents in the first half of 2025 compared with the same period...

Published: 06 September 2025. The English Chronicle Desk. The English Chronicle Online. Shein’s UK operations are under scrutiny after accusations emerged that the company has transferred the bulk of its income to its Singaporean parent company to minimise its tax obligations in the United Kingdom. Despite recording £2 billion in sales last year, Shein UK paid only £9.6 million in corporation tax, a figure that aligns with UK tax rules...

Published: 05 September. the English Chronicle Desk. English Chronicle Online UK house prices have risen for the third consecutive month in August, pushing the average property value to a record high of £299,331, according to Halifax. The modest 0.3% increase for the month follows rises of 0.4% in July and 0.1% in June, demonstrating a steady momentum returning to the housing market. While the month-on-month growth exceeded economists’ expectations of...

Published: 05 September. the English Chronicle Desk. English Chronicle Online Retail sales in Great Britain experienced a modest increase in July, bolstered by warm weather and the excitement surrounding the Euro 2025 women’s football tournament, according to newly released official data. However, the figures were overshadowed by repeated errors and delays from the Office for National Statistics (ONS), deepening concerns over the reliability of the country’s economic data. The ONS...

Published: 05 September. The English Chronicle Desk. The English Chronicle Online Giorgio Armani, the legendary Italian designer who passed away at the age of 91, reshaped the very fabric of modern fashion in a way few have ever achieved. He was the first designer since Coco Chanel to create a lasting, profound change in the way people dress, leaving an indelible mark on both men’s and women’s wardrobes. Armani’s genius...

Published: 04 September 2025. The English Chronicle Desk A UK court has frozen £150 million in assets belonging to Winston Soosaipillai, also known as Sanjeev Kumar, the owner of the Prax Lindsey oil refinery, following the company’s sudden financial collapse earlier this year. His whereabouts have remained unknown since the refinery, part of a wider energy group, entered administration. Administrators overseeing five companies within the Prax group have initiated legal...