Business & Economy

Published: 29 July '2025. The English Chronicle Desk The escalating crisis within the UK’s casual dining industry has taken another victim as Gusto, a well-known Italian restaurant chain, edges towards administration. Informed sources indicate that the restaurant group is set to enter a pre-pack insolvency arrangement, with preparations currently underway under the advisory of Interpath. Operating from 13 sites across the country, Gusto has struggled to withstand the mounting financial...

Published: 29 July '2025. The English Chronicle Desk In a welcome revelation for millions of consumers across the UK, new guidance has emerged on how to exit your broadband contract without facing hefty termination fees—an issue that has long frustrated households locked into expensive or underperforming deals. The advice comes as part of a broader consumer support effort led by Sky News through its newly launched free Money newsletter, designed...

Published: 29 July '2025. The English Chronicle Desk In a damning verdict that has intensified public anger over the environmental misconduct of water companies, Anglian Water has been ordered to pay a staggering £62.8 million after an official investigation revealed systemic failures in managing its wastewater treatment operations. The action, taken by the water regulator Ofwat, found that the company breached its legal obligations by failing to properly operate, maintain,...

Published: 24 July '2025. The English Chronicle Online. In a sobering reflection of the mounting challenges facing Britain’s once-thriving automotive sector, the UK has recorded its lowest levels of car and van production for the first half of a year since 1953—excluding the pandemic-era shutdown. The figures, released by the Society of Motor Manufacturers and Traders (SMMT), reveal a 7.3% fall in car output between January and June 2025, with...

Published: 24 July '2025. The English Chronicle Online. In a momentous step toward deepening bilateral economic relations, India and the United Kingdom have officially signed a Free Trade Agreement (FTA) that is being hailed as a landmark accord with far-reaching implications for both economies. The signing ceremony, held at Chequers — the British Prime Minister’s official country residence — witnessed the presence of Indian Prime Minister Narendra Modi and UK...

Published: 23 July 2025. The English Chronicle Desk | The English Chronicle Online In a watershed moment for both economies, Indian Prime Minister Narendra Modi has embarked on a state visit to the United Kingdom to formally sign a long-anticipated free trade agreement that promises to reshape the commercial contours between the two nations. The deal, hailed as the most significant post-Brexit trade pact for Britain and India’s first major...

Published: 22 July '2025. The English Chronicle Desk | The English Chronicle Online British consumers are facing renewed financial strain as grocery price inflation surged to 5.2% in the four weeks leading up to July 13, marking the highest level recorded since January of last year. The sharp increase, as revealed by data from Worldpanel by Numerator, signals mounting challenges for households already grappling with a high cost of living,...

Published: 22th July '2025. The English Chronicle Desk Market Harborough, a normally tranquil market town nestled in the heart of Leicestershire, has found itself thrust into the national spotlight as growing tensions over the housing of asylum seekers in a local hotel sparked a series of divisive protests, counter-demonstrations, and widespread debate. The centre of the unrest is the long-standing Harborough Manor Hotel, which has recently been converted into temporary...

Published: 10th June 2025 The English Chronicle Online In a sweeping intervention that could reshape Britain's postal landscape, communications regulator Ofcom has announced major reforms targeting Royal Mail's persistent delivery delays and soaring stamp prices. The dual-pronged strategy, unveiled this morning, includes stricter performance targets for first-class mail alongside the first comprehensive review of postal pricing in nearly a decade, signaling regulators' growing impatience with the struggling service. The revised...

Published: 10th June 2025 The English Chronicle Online The British government has now paid out more than £1.039 billion in compensation to victims of the Horizon IT scandal, marking a sobering milestone in one of the most grievous miscarriages of justice in UK history. Over 7,300 former sub-postmasters—wrongly accused of theft, fraud, and false accounting due to catastrophic errors in the Post Office’s Fujitsu-developed Horizon system—have received redress, though campaigners...