Railway strikes in the UK have halted services throughout July and Augst 2022.
Sony, owners and creators of the gaming sensation PlayStation, have been hit with a lawsuit with a possible £5 billion pay out.
What Just Happened?
The UK government has once again extended its trade sanctions with Russia.
The UK underwent a record-breaking heatwave in July with another hitting the country in August.
The UK has blocked a Chinese company from purchasing intellectual property from the University of Manchester using its powers under the National Security and Investment Act.
What is happening
The decline of the retail industry is perhaps best illustrated through the fact that one in ten town centre stores are now closed across the UK. From November to December 2019, the sector saw a 0.9% fall in sales. This decline was partly driven by online sales rising by 2.6% in the same period[1]. The modern ease of connecting goods or services to clients has led to the decline of retail stores.
