Economy

Brexit: Does NI tariffs plan violate WTO law?

Image copyright Reuters The UK government’s strategy for the Irish border if there’s a no deal Brexit will mean no tariffs on Irish goods going to Northern Ireland, but some Irish food products entering Great…


Spring Statement: Chancellor Philip Hammond on economy

The chancellor opened his Spring Statement saying the UK economy was “remarkably robust” and had “defied expectations”. Philip Hammond went on to poke fun at the past predictions of recession and unemployment from the “Nostradamus”…


Most imports tariff-free under no-deal plan

Image copyright Getty Images The government has announced that most imports into the UK would not attract a tariff in the event of a no-deal Brexit. Under a temporary scheme 87% of imports by value…


Scooting off: Is this the answer for short journeys?

Electric scooter companies have seen bursting order books in the last couple of years. Enthusiasts believe scooters and other micro-vehicles are the best option for the beginning and end of journeys, especially in congested cities….


Tech-filled strap makes old watches smart

A strap packed with tech that can add smartwatch functions to old watches has been designed by a team of Sony engineers. Sony originally put its Wena watch straps on a crowd-funding site in Japan…


UK economy stalls despite strong January

Image copyright Getty Images The UK economy grew by 0.2% in the three months to January, matching the growth of the previous three months. The report from the Office for National Statistics (ONS) showed a…




Turkey’s economy slides into recession

Image copyright EPA Turkey went into recession at the end of last year, according to the country’s official statistics office. The Turkish Statistical Institute said the economy shrank by 2.4% in the fourth quarter of…


UK oil and gas production forecast raised

Image copyright Maersk Oil Image caption Gas from Glengorm could be tied back to the Elgin-Franklin or Culzean platforms Forecasts of how much oil and gas could be produced by the UK offshore industry have…