B&Q TradePoint, is intensifying its efforts to dismantle gender barriers prevalent in trade professions by dedicated to promoting inclusivity and expanding opportunities for women in trade professions through the funding of trade apprenticeships.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
OpenAI Responds to Elon Musk Lawsuit with Trove of Emails
OpenAI has responded to a lawsuit filed by Elon Musk, alleging that he disengaged from the ChatGPT creator after an unsuccessful attempt to seize control of the company.
Gambling rule changes cost Entain £40m in lost earnings
Entain, the gambling group known for brands such as Ladbrokes and Sportingbet, has disclosed a £40 million impact on its 2024 earnings due to regulatory challenges in Britain and the Netherlands.
House prices continue to rise despite higher rates says Halifax
Despite the backdrop of higher interest rates, house prices in the UK continued their upward trajectory in February, according to the latest report from Halifax.
Nationwide to buy Virgin Money for £2.9bn
Nationwide Building Society’s proposed acquisition of Virgin Money UK for £2.9 billion marks a significant move in the banking sector, creating a formidable lending powerhouse and accelerating consolidation trends among smaller banks in the UK.
Inflation to fall below 2%, predicts OBR
In his budget statement today, Chancellor Jeremy Hunt confirmed that inflation is forecast to decrease significantly, dropping below the target rate of 2 per cent in the coming months.
Chancellor criticised for lack of support for electric vehicle sales in budget announcement
Despite mounting pressure from the automotive industry, the latest Budget failed to incorporate a proposed 50% reduction in VAT for electric cars, leaving many disappointed.
AstraZeneca Unveils £650 Million Investment Plan to Strengthen UK’s Life Sciences Sector
Pharmaceutical giant AstraZeneca has announced its ambitious plans to inject £650 million into the UK, a move set to fortify the nation’s already prominent Life Sciences industry and bolster economic growth.
Spring budget 2024 key highlights
Jeremy Hunt is delivering his spring budget with one eye on a looming general election later this year. The Conservatives have said they want to reduce the tax burden on British workers and improve economic growth.
February sees highest UK new car sales figure in 20 years
The UK saw a significant surge in new car sales in February, marking the highest figure for the month in 20 years. This growth was primarily driven by companies investing in electric vehicles for their fleets, although private uptake of EVs experienced a decline.
Greggs staff to share £17.6m bonus as chain becomes UK’s top breakfast take-out
Greggs, the popular bakery chain known for its sausage rolls and steak bakes, is set to distribute a £17.6 million bonus among its staff this month, following a record annual profit announcement. With a 27% surge in profits to £188 million, Greggs has surpassed McDonald’s to become the UK’s top breakfast takeaway spot.
Bitcoin as good as gold as prices hitting record highs
The price of bitcoin and gold reached new highs as investors speculated on potential interest rate cuts by the US Federal Reserve in the middle of the year.
Hybrid working demand sends IWG revenues to record £3.3bn
IWG, the owner of the serviced office brand Regus, experienced a surge in revenues to a record £3.34 billion last year, driven by the increasing demand for hybrid working arrangements.
Hunt set to announce a 2p cut in national insurance
Jeremy Hunt, the Chancellor, is set to announce a 2p cut in national insurance for 27 million workers in his upcoming spring budget.
Hunt set to extend Covid recovery loans by two years
In a significant move to support Britain’s small businesses, Chancellor Jeremy Hunt is set to announce an extension of the Covid recovery loan programme by two years in the upcoming Budget on Wednesday.
















