Industry watchdog The Financial Conduct Authority (FCA) has written to banks that lend to UK companies to warn them about “greenwashing” and “conflicts of interest” in the sustainable loans market.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
ChatGPT owner OpenAI to open first foreign office in UK
The US company behind ChatGPT has said its first international office will be based in London.
Just 40% of UK SMEs have started on their transition to being a sustainable business
New research has revealed that two million UK small and medium-sized businesses have started on the road to making their business fit for net zero.
£5M fund to drive SME export growth unveiled by Institute of Export & International Trade
The Institute of Export & International Trade has launched a £5m Export Support Programme to help UK businesses accelerate their journey into international trade.
Mulberry chief calls for ‘tourist tax’ to be scrapped as London brands “suffering” as shoppers go elsewhere
Fresh calls have been made to reinstate VAT-free shopping for international tourists, after the chief of Mulberry warned its profits have been hit hard by it as they ditch London for Paris and Milan.
Government invests £80 Million in UK Businesses in drive to Net-Zero Ambitions
The Government has injected £80 million into UK Businesses to revolutionise their industry with cleaner energy sources – such as hydrogen and biomass.
Amazon launches legal action against fake review brokers
Amazon is launching legal action against ‘fake review brokers’ in an effort to curb the tide of online fraudulent reviews.
Apple joins opposition to Online Safety Bill and message app scanning
Apple has criticised powers in the Online Safety Bill that could be used to force encrypted messaging tools like iMessage, WhatsApp and Signal to scan messages for child abuse material.
Government criticised for missing climate targets on nearly every front
The government’s plans to hit net zero have been comprehensively criticised in a withering report by its own advisers that says targets are being missed on nearly every front.
UK Chancellor signs financial services agreement with EU
Jeremy Hunt, Chancellor of the Exchequer, has signed an agreement on financial services cooperation with Commissioner Mairead McGuinness, which will help to establish a constructive, mutually beneficial relationship between the UK and the EU in financial services.
Supermarkets questioned by MP’s to explain explain high prices
Supermarket executives are being questioned by MPs over why food prices are still rising as some wholesale costs are falling.
Windfall tax revenue set to slump 40 per cent thanks to falling oil and gas prices
The sharp fall in the price of oil and gas will lead to a huge drop in revenue from the government’s windfall tax.
Record numbers looking to kickstart new careers in cyber
A record number of people are looking to embark on a new career in cyber this year through applications to the government’s Upskill in Cyber programme.
Government loan saves 1,800 steel jobs and secures additional payments for taxpayer
A loan provided by the Government to Cardiff-based Celsa Steel which secured 1,800 jobs has now been repaid in full and delivered a significant additional payment for taxpayers, Business and Trade Secretary Kemi Badenoch has confirmed today.
HMRC to appeal Gary Lineker IR35 case
After losing the argument over Gary Lineker’s employment status, HMRC plans to appeal the ruling at the Upper Tribunal
