Wages continued to grow at one of the fastest paces on record in the three months to September, underlining that inflation in the UK will take time to return to the Bank of England’s 2 per cent target.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Industry leaders debate UK’s net zero action plan in Parliament
Business chiefs gathered in Parliament last night to discuss the UK’s new roadmap towards achieving net zero.
Make UK investment screening ‘more business friendly’ says deputy PM
Deputy Prime Minister Oliver Dowden has announced plans to streamline and enhance the business-friendliness of the UK’s investment screening powers, just under two years since their inception.
Rishi Sunak reshuffle’s cabinet with Cleverly replacing Braverman & David Cameron in as foreign secretary
Rishi Sunak has appointed former prime minister David Cameron as foreign secretary as he embarks on a reshuffle of his top team following the sacking of Suella Braverman as home secretary.
Skills shortage holds back UK SMEs
A fifth of the UK’s small companies are suffering from skills shortages that prevent them from expanding, according to new research that underlines the longstanding gaps in the labour market.
Royal Mail fined £5.6m for missed delivery targets
Royal Mail has been fined £5.6 million by the regulator for failing to meet its first and second-class delivery targets, in a blow to the postal service which has been hard hit by strikes and has lost business to rivals.
UK government and King Charles’ safety concerns highlight the importance of AI ethics
While we should undoubtedly proceed with care and caution, underpinning AI deployment with good data allows organisations to balance regulatory and moral risks, says Yohan Lobo, Industry Solutions Manager, Financial Services at M-Files
Natwest clears former chief Alison Rose of misconduct in Farage debanking row
Natwest Group has cleared former chief executive of misconduct over the fallout of the Coutts debanking scandal.
Tom Kerridge leads calls on Jeremy Hunt to act as pubs and restaurants will shut without tax freeze
Tom Kerridge is leading calls from the hospitality industry for Jeremy Hunt to freeze taxes for pubs and restaurants, warning of mass closures without action.
Banks accused of dragging their feet over fraud refunds
Banks have been accused by a senior MP of “dragging their feet” when it comes to refunding victims of fraud.
UK economy to avoid recession this year as GDP growth beats forecasts
Britain’s economy topped analysts’ expectations to grow slightly in September putting the UK on course to narrowly escape the risk of a recession this year, according to official figures.
Government unveils £200m digital skills training package
The Government has announced a £200 million digital skills training package to help people across the UK launch careers in growing sectors such as digital, green energy and construction.
NatWest cuts Alison Rose’s exit payout by £7.6m after Farage fiasco
NatWest Group is to scrap the bulk of a possible £10 million-plus payout to Dame Alison Rose, its former chief executive, as it draws a line under the debanking row caused by the closure of Nigel Farage’s Coutts accounts.
Fuel prices still cause for concern, warns competition watchdog
Drivers are still not getting a fair price on fuel at the pumps, the UK’s competition watchdog has warned.
Mortgage arrears up sharply with landlords hardest hit
The number of people falling behind on their mortgage payments rose sharply over the summer months, figures from the banking sector show.
















