Rachel Reeves is set to announce an ambitious package of measures aimed at jump-starting Britain’s flagging economy, as she positions her government’s growth drive alongside Margaret Thatcher’s 1980s approach to deregulation.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Reeves insists government must ‘go further and faster’ on economic growth while assuring critics of net zero commitments
Rachel Reeves has called on ministers to seize new opportunities for raising living standards, telling MPs that the country needs to go “further and faster” to boost growth.
Amazon looks to launch prime air drone deliveries in North-East England
Amazon is moving ahead with plans for drone deliveries in Darlington, seeking CAA approval for its Prime Air service and joining broader efforts to enable commercial drone flights across the UK.
UK rents slip for the first time since 2019, but London remains at record highs
Rents across the UK have fallen slightly for the first time in more than five years—although tenants in London are still seeing new highs, according to fresh data from Rightmove.
Steep discounts on furniture and fashion weigh on January retail prices
Discover how steep furniture and fashion discounts slowed retail price declines in January, as new BRC data hints at looming cost pressures for UK retailers.
AI-fuelled job automation set to widen inequality in the UK, warns report
The rapid automation of millions of jobs through artificial intelligence could intensify economic inequality across the UK unless the government steps in with targeted support, according to a new study by the Institute for the Future of Work (IFOW).
British businesses brace for fresh downturn amid rising costs and tax burdens
UK businesses expect a downturn in trading over the coming months, warns CBI, as high costs and tax burdens threaten jobs and the government’s growth agenda. learn how employers are reacting to weak demand and looming ni rises.
GRYD Energy raises £1M to roll out zero-cost solar subscriptions nationwide
GRYD Energy raises £1 million to expand its zero-cost solar subscription service. discover how the London-based startup’s innovative model removes upfront installation costs and helps UK homeowners switch to clean energy.
Gresham House Ventures invests €4.25m in accessibility platform Mobility Mojo
Gresham House Ventures commits €4.25m to Mobility Mojo, a dublin-based accessibility audit and data platform, to boost ai-driven capabilities and global reach.
Government calls for small businesses to enter ‘Made in the UK, Sold to the World’ export awards
British SMEs are invited to enter the government’s made in the uk, sold to the world export awards.
Barclays CEO set for potential 45% pay hike to more than £14m
Barclays considers cutting fixed pay and boosting bonuses for CEO CS Venkatakrishnan, potentially lifting his maximum compensation to more than £14m.
Reeves plans closer ties between National Wealth Fund and regional mayors to drive local growth
Rachel Reeves directs the national wealth fund and the office for investment to partner with local mayors, launching new taskforces for region-specific growth strategies.
Record surge in UK businesses facing severe financial distress as costs climb
New data reveals a record 50% jump in uk companies facing severe financial distress, with construction and consumer sectors hit hardest amid tax hikes and weak demand.
Consumer confidence slumps to year-low as households brace for ‘dark days ahead’
Consumer confidence in the UK has fallen sharply to its lowest point in over a year, according to the latest GfK data, suggesting that households are pessimistic about both personal finances and the wider economic outlook.
Lloyds CEO applauds Treasury move to tackle motor finance mis-selling
Charlie Nunn, Lloyds Banking Group’s chief executive, has welcomed the government’s decision to intervene in a landmark car finance mis-selling case and expressed hope that it will help bring clarity to an industry under legal and regulatory pressure.
