Streaming music market stalls as price hikes loom

After years of rapid expansion, the UK music streaming market is showing signs of stagnation, according to MIDiA Research. While 32.4 million people, nearly half the UK population, subscribe to services like Spotify and Apple Music, new subscriber growth has slowed significantly. In 2024, growth was only 4%, down from 9% in 2020. This slowdown…

UK retail sales defy economic gloom, Parcelhero reports

Contrary to analysts' and consumers' predictions, UK retail spending increased slightly in February, according to data from the Office for National Statistics (ONS). Home delivery expert Parcelhero reports a 1% increase in sales volumes compared to January, indicating a resilient consumer base despite economic uncertainties. And while there have been widespread concerns about a spending…

Car output down as sector calls for measures to boost manufacturing

UK car and commercial vehicle production experienced an 11.6% drop in February, according to data released by the Society of Motor Manufacturers and Traders (SMMT). Manufacturers produced 82,178 units, a decrease of 10,787 compared to the same period last year, attributed to factors including weak domestic and overseas markets, model transitions and plant restructuring. Car…

Ofcom fines OnlyFans provider over £1m for inaccurate age verification data

Ofcom has levied a £1.05 million fine against Fenix International Limited, the provider of OnlyFans, for failing to deliver accurate responses to requests concerning its age assurance systems. The investigation stemmed from Fenix's incorrect reporting of its facial age estimation technology's "challenge age." In June 2022 and June 2023, Ofcom sought information from Fenix on…