More and more lenders are set to increase rates on mortgages, brokers have warned, as the fallout from the Bank of England’s rate rise continues to devastate homeowners.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Slight rise in female FTSE board members, but just a tenth of company management is a woman
UK businesses have improved female representation on their boards, research shows, but two-fifths of FTSE 100 firms still do not have a woman in one of their top four executive roles.
Government injects £54m into the development of trustworthy AI
The Secretary of State for Science, Innovation and Technology Chloe Smith, has announced a £54 million investment to support the UK’s AI and data science workforce and develop trustworthy and secure AI.
Amazon staff in Coventry vote for six more months of strikes
Workers at Amazon’s Coventry warehouse have voted to take a further six months of strike action, despite failing to win formal union recognition from the tech company.
London Tech Week makes history as 11 year old Children’s Parliament Prime Minister Harry Acheampong addresses audience
London Tech Week marked its tenth anniversary with a groundbreaking moment yesterday as the Sir David Amess Children’s Parliament for primary school students between 7-11 years, welcomed Interim Prime Minister Harry Acheampong to deliver a captivating address on the subjects of Metaverse, Water Management and Sustainability.
EU threatens to break up Google’s $200bn ad business
Google could be forced to sell parts of its $224.5 billion advertising business after the European Commission found that the tech giant had been abusing its dominant position in the sector.
Vodafone and Three £15bn UK merger announced
Vodafone and CK Hutchinson, owner of Three, have announced their long-awaited UK merger today.
Amazon under fire for tripling sellers’ fees and advertising costs
Amazon has been accused of being “no friend of the small business” after a report discovered evidence that the online marketplace has ramped up fees and advertising costs for sellers.
Police get powers to end Just Stop Oil slow walking protests: ‘public are sick of disruption’
Police are set to get controversial new powers to stop groups like Just Stop Oil holding ‘slow walking’ protests.
UK Economy grew by 0.2% in April but housebuilders and estate agents had a “poor month”
The UK has “no alternative” but to hike interest rates in a bid to tackle rising prices, the chancellor has said.
UK creative industries given £77m government funding
The UK government has announced a new £77m funding package to support the creative industries.
UK exports in last decade worse than any G7 country except Japan
Britain has endured the worst exports record of any member of the G7 besides Japan over the last decade, according to a new analysis that will raise pressure on the government to reconsider its post-Brexit trade deal with the EU.
UK wage growth rises at fastest pace in two years
Wages grew at their fastest pace in nearly two years as workers benefited from new pay deals and a rise in the national minimum wage.
Jeremy Hunt announces plans to slash taxes
Jeremy Hunt said he has set Britain on a “sustainable path to lower taxes” as senior Conservatives urged the Chancellor to cut the burden in a bid to end Tory turmoil.
Jaguar Land Rover owner set to build new gigafactory in Somerset
The government believes it has secured a commitment from Jaguar Land Rover owner Tata to build a new gigafactory in Somerset.
