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!

This week’s round-up isn’t one to miss, with some familiar favourites (strikes), as well as the latest commercial developments. The Bank of England is facing criticism as a result of comments made by its chief economist, while Sadiq Khan’s popularity continues to fade in London and Labour politician Diane Abbott apologises over antisemitic comments. 

There’s lots to be getting stuck into in this week’s commercial news round-up, including acquisitions, employment and tech – what’s on your radar? 

US President Donald Trump has issued a threat of legal proceedings against the BBC and 18,000 NHS staff face redundancy as part of sweeping reforms. Meanwhile, the UK is set to build its first small modular nuclear reactor in Wales and the country’s music industry has contributed a whopping record £8 billion to the economy. Read on for LCN’s picks of the top commercial stories this week!

Build your commercial awareness with this latest round-up and have a safe, happy Pride. 

‘Commercial awareness’ is a term you’ve probably heard thrown around a lot by law firm recruiters.

England have reached the FIFA World Cup Final for the first time since 1966, Michael Burry has shorted the stock market, the UK government is cracking down on gender-neutral toilets and companies aren’t happy about Britain’s tourist tax. Plus, six in 10 British people want to rejoin the EU.  

Did you know you can make the most of LawCareers.Net’s FREE MyLCN account to unlock a host of benefits to support your journey into law. 

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.

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. 

Happy New Year! Welcome back to the commercial news round-up. Starting with a reflection on 2022, we’ll take a look at the changes in the UK’s average annual temperature before ooking forward to Prime Minister Rishi Sunak’s plans for the future.

We’ve made it to July and unlike the British weather right now, this round-up is hot, hot, hot with the latest commercial stories. We’re covering the Paris protests, ticket office closures, Just Stop Oil, conversion therapy and copyright law.

This commercial news round-up touches on some of the issues brought about as a result of the cost-of-living crisis, as well as developments in other areas that we think you might also want to keep on your radar. 

In this week’s round-up, we take a look at the COP28 summit (which began today), train strikes, controversy surrounding Nigel Farage and Spotify wrapped. Find out more in the round-up.

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.

It’s a big week for LawCareers.Net as we head off to Manchester for LawCareersNetLIVE. As we’re fully immersing ourselves in event organisation mode, this week’s round-up is a short one. But don’t worry, we’re still covering all the top stories.  

It’s hard to keep on top of everything, which is why we summarise the most important and interesting commercial news stories every week. The below stories can be taken at face value, or used as starting points to jump into further research. How could Germany’s economy affect the legal as well as the business world? Where could law firms have been involved in Eat and Patisserie Valerie’s sales? It’s up to you to find out!

It’s Thursday, which means business as usual; we’re bringing you the top trending commercial news. 

If you’re wondering exactly how to define commercial awareness, think of it as a way of looking at the world holistically and understanding that different industries will intersect and impact on one another.

Are you up to date with this week’s commercial news? Nike has postponed its investor meeting following a revenue drop and the Bank of England (BoE) governor has stated that further interest rate cuts could be on the cards. Meanwhile, UK house sales have risen at the fastest rate since lockdown and the number of complaints against water companies has increased. Read on to discover more!