There’s another streaming service in town; car sales are back on the up following difficulty in the industry as a result of the pandemic; and a code of practice has been put together to govern researchers’ work on biological models of human embryos. 

Dive into this week’s commercial news round-up for an update on the state of the UK economy and unemployment rates. We also take a look at the latest in the legal battle between EasyGroup and an indie band, and provide an update to the Premier League’s financial rules system for the 2024/25 season.

Whether you’re a first-year university student or you’re making training contract applications as we speak, building on your commercial awareness should be a top priority and is key to your success. Use LawCareers.Net’s weekly Thursday round-ups and our commercial awareness hub to help to keep you in the loop.

While the UK economy shows a modest recovery, concerns about prolonged stagnation persist. Meanwhile, a new report highlighted the potential for catastrophic climate shocks to halve global GDP by 2090 if immediate action isn't taken. Back in the UK, there’s been a call for fairer treatment of rail passengers who make honest mistakes when purchasing tickets. Plus, TikTok users in the US are flocking to the Chinese app RedNote as a potential ban looms. Dive into these pressing issues in this week’s commercial news round-up!

Excellent commercial awareness is a key skill that all law firms look for in their future lawyers. What steps are you taking to develop yours? We have summarised some of the week’s commercial news for you.

Jeremy Hunt announced the UK’s 2023 budget and we’ve broken down what’s in it for you. Plus, the UK saw its largest strike in decades this week; the BBC has been accused of bowing to government pressures over headlines; Gary Lineker caused quite the stir with a controversial Tweet; and there’s some exciting news for anyone planning a holiday.

Sun’s out, shades out! The LCN team enjoyed a lovely stroll down Blackfriars Bridge this afternoon – modelling our trendy sunnies, baking in the warmth and feeling like we were in Spain – (let us dream!).

Summer has vanished in a flash leaving us with cold mornings and dark nights. Soon it will be Christmas and you’ll be gathered around the TV drinking mulled wine and watching Home Alone.

Rishi Sunak’s U-turn on net-zero pledges, "an act of weakness” or a necessary adjustment to prevent “bankrupting the British people”? You decide. More on this in our first story, plus we’ll be covering the future of Uber, police suspensions, shares in tech giant Toshiba and Katy Perry.  

It’s certainly been a busy week of scandals, hefty fines, hacks and Christmas stockpiling!

Without further ado, let’s tuck into this week’s headline-grabbing commercial news stories.

The Solicitors Qualifying Exam officially came into force yesterday, changing the way aspiring lawyers qualify. As well as staying up to date with training and education trends that impact you directly, it’s also important to continue to develop your commercial awareness. 

Rising inflation, party resignations, state takeovers, Chat GPT and, of course, Eurovision! Use today’s round-up to catch up on what’s been happening across the UK this week.

Are you up to date with this week’s commercial news? A lobby group has advised that the next UK government should build stronger trade relations with the EU and junior doctors have announced a strike before the general election.

New trade tariffs, Tesla sales, Chelsea Football Club profits and the acquisition of Wild by Unilever are this week’s chosen stories for LawCareers.Net’s commercial news round-up. Read on to find out more about these developments and consider their impact on the world, your shortlisted law firms and their clients. 

New EU trading rules cause concern and Jeremy Hunt falls short on plans to cut taxes in the spring. Plus, Universal Music has started to remove its songs from TikTok and HSBC faces a fine from the Bank of England. Find out more in this week’s commercial news round-up.

How strong is your business mind? Can you read a news story and isolate the political, economic, sociological, technological, legal and environmental impact a piece of news will have?

Have a go at doing this with this week’s commercial news round-up.

This week’s commercial news round-up takes a look at the possible impact of the potential TikTok ban in the US, considers the importance of nature on the economy, reports Suez Canal traffic statistics and provides an update to the Cardiff City Football Club saga, following the death of Argentinian striker Emiliano Sala in 2019. 

The European Commission is concerned about the introduction of TikTok Lite, the Scottish government is set to scrap environmental plans, new legislation has criminalised the creation of sexually explicit deepfakes and drug shortages are set to continue. Read on to find out more.

Thames Water is warning that it may not survive unless it’s allowed to increase water bills by almost 60% over five years and the British Retail Consortium reports that shop prices in the UK have fallen for the first time in nearly three years. Meanwhile, Telegram’s CEO Pavel Durov has been charged for allegedly allowing criminal activity on the messaging app, and vape manufacturers in the UK are adapting their products to avoid a legislative crackdown on single-use devices.

What key skill do all firms want to see in their future lawyers? That’s right: commercial awareness. Building your commercial awareness will be a lot easier if you’re reading and keeping on top of an issue that you’re genuinely interested in. Get started now…