Nationwide Building Society’s television commercial, featuring actor Dominic West and satirising branch closures by rival banks, has been banned by the Advertising Standards Authority (ASA) for misleading consumers.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Government Admits Need for 40,000 More Nursery Staff for Free Childcare Expansion
The government has acknowledged that an additional 40,000 nursery staff will be required to implement the “massive” expansion of free childcare, following concerns raised by parents and industry experts.
Claire Coutinho Mulls Overhaul of Green Levies on Electricity Bills
Claire Coutinho, the Energy Secretary, is exploring the possibility of removing £4 billion of green levies from household electricity bills, considering options such as transferring some or all of these charges to gas bills or funding them through general taxation.
Trump’s Truth Social Faces Investor Exodus as $58M Losses Surface
Shares in Donald Trump’s Truth Social, his venture into social media as a rival to Twitter, plummeted following the revelation of over $58 million in losses last year, intensifying concerns among investors.
Justin King Backs £50m Fund to Invest in Hospitality Firms
A consortium of high-net-worth individuals, spearheaded by Justin King, former chief executive of J Sainsbury, has raised £50 million to pursue acquisitions within the premium restaurant sector.
Interpath Advisory Faces Losses as Middleton Family Business Collapses
Interpath Advisory, the City firm overseeing the insolvency of the business operated by the parents of the Princess of Wales, faces a setback as it grapples with costs surpassing £260,000, rendering it unable to recover the full fees owed for the project.
Shop Price Inflation Hits Two-Year Low, Fuelling Expectations of Interest Rate Cut
Shop price inflation has plummeted to its lowest level in over two years, signalling a potential path for the Bank of England to slash interest rates in the coming months, recent reports reveal.
Next Tube Strikes: Dates and Affected Lines Revealed
London Underground drivers, represented by the Aslef union, are set to stage two 24-hour strikes, exacerbating commuter woes across the capital.
Tories Hint at National Insurance Abolition in Next Parliament
Treasury minister Gareth Davies suggests the Conservative Party could progress towards scrapping National Insurance if re-elected, amidst criticisms of Labour’s stance on workers’ rights. However, uncertainties loom over the feasibility and timing of such a move.
UK Government Quietly Pauses Natwest Retail Bidding Process
The Treasury has discreetly halted the bidding process for managing the sale of its stake in Natwest, raising doubts about the structure of the much-hyped ‘Tell Sid’-style retail deal.
US braces for supply chain disruption following Baltimore bridge collapse
The closure of the Port of Baltimore following the catastrophic collapse of the Francis Scott Key Bridge has prompted concerns about significant disruptions to supply chains in the United States.
SMEs Brace! Brace! for rest of 2024 amid weak growth and policy uncertainty
SMEs across the UK are bracing themselves for a challenging rest of 2024, according to the latest Prism Research SME Barometer.
Secondhand clothing sales set to be 10% of global fashion market in 2025
Secondhand clothing sales are projected to represent 10% of the global fashion market by next year, as consumers increasingly turn to “pre-loved” garments amidst the cost of living crisis and sustainability concerns.
Amazon increases AI startup Anthropic investment with additional $2.75bn funding
Amazon announced on Wednesday that it will be increasing its investment in Anthropic, an artificial intelligence startup based in San Francisco, by an additional $2.75 billion.
British carmakers report rising production six months in a row
British car factories have defied the global trend by reporting a sixth consecutive month of rising production.
















