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Instant noodles have evolved from a cheap snack to a gourmet trend, with sales up 20% as food enthusiasts and social media creators embrace their versatility. The #makeitfancy movement on TikTok showcases how a humble packet of noodles can be transformed into a culinary delight.
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Britain’s return to global leadership could be a transformative strategy that not only enhances its international standing but also secures its future at home. The road ahead will require dedication, cooperation, and a reaffirmation of the UK’s values on the world stage.
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Rachel Reeves, in her Labour Party conference speech, promised Britain’s “best days lie ahead,” while defending tough economic decisions like cutting winter fuel payments for pensioners. She also committed to free breakfast clubs in schools and recovering lost Covid funds.
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The UK will host an international AI developers’ conference in November 2024, ahead of the 2025 AI Action Summit. The event aims to strengthen global AI safety frameworks and reduce risks of AI misuse, involving key global developers.
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UK inflation remains steady at 2.2% in September, with lower petrol prices offset by rising air fares. The Bank of England faces pressure to balance inflation control and economic growth. Households benefit from cheaper fuel but feel the pinch from higher travel costs.
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Since the Brexit trade deal, UK goods exports to the EU have fallen by 27% and imports by 32%, significantly impacting small businesses due to increased regulations and non-tariff barriers
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UK Trade Secretary Jonathan Reynolds and Trade Policy Minister Douglas Alexander visit the Gulf to enhance trade and investment. They aim to secure a high-quality trade deal, boost economic growth, and showcase the UK as a prime investment destination.
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Amazon Web Services (AWS) has announced an £8 billion investment in the UK, creating 1,400 jobs and contributing £14 billion to the UK’s GDP by 2028. AWS aims to boost digital infrastructure and support local innovation and skills development.
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Since 2019, UK apartment prices have underperformed other property types due to a shift in buyer preferences towards larger homes post-pandemic and safety concerns about cladding.
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Taiwan launched its “Waves of Wonder” tourism brand in London, highlighting its year-round attractions like the Lantern Festival and hot springs, aiming to boost tourism from Europe and America in late 2024.
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On 3rd September 2024, the UK government awarded nine offshore wind farm contracts, marking a significant boost in renewable energy. These projects will generate 9.6GW, enough for 11 million homes, following last year’s unsuccessful auction.
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The UK plans to raise the windfall tax on oil and gas companies, sparking fears of reduced investment and economic losses. Offshore Energies UK warns that the tax hike could threaten 35,000 jobs by 2029, denting business confidence and growth prospects.