Net migration figures into the UK are reportedly set to reach a record high of up to one million with the Conservative party bracing for criticism over the issue.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Hiring falls across the country as uncertainty impacts business confidence
Recruitment fell sharply in April, suggesting that employers are holding back on hiring as business confidence continues to be impacted by economic uncertainty.
Losses at Gordon Ramsay restaurants narrow sharply after Covid rules eased
The restaurant group owned by celebrity chef Gordon Ramsay narrowed losses to £1m last year as sales more than tripled after Covid restrictions were eased.
Finance concerns have harmed the mental health of small business owners
Half of UK small business owners believes their mental health has suffered from the stress of managing their business finances in the past year.
Nearly three quarters of SMEs owners feel isolated from friends and family
Nearly three quarters of small and medium-sized enterprise (SMEs) owners feel isolated from their friends and family as a result of the hours they work.
Digital adoption in UK SMEs backed by £4.5M university investment
Three universities have been awarded a share of funding to drive digital innovation across UK SMEs, as part of the HNCDI programme
Disney+ and Hulu to combine content in single US app in to stem losses
Disney has announced plans to combine content from its Disney+ and Hulu streaming services in the US.
New CBI boss Rain Newton Smith doesn’t take lobby group’s future ‘for granted’
The new head of the crisis-hit CBI, Rain Newton Smith, has said she does not take the future of the group “for granted” and warned the task of winning back trust from businesses is “as big as it is urgent”.
UK will have to raise retirement age after election, minister says
Ministers will have to “grasp the nettle” on bringing forward the rise in the state pension age to 68 in the first couple of years of the next parliament, Mel Stride, the work and pensions secretary, has suggested.
Elon Musk announces he has found new Twitter CEO
Twitter’s CEO, Elon Musk, said on Thursday that he has found a new chief executive for the social media platform and that she will be starting in about six weeks.
UK economy grows 0.1% in the first quarter
The UK economy eked out growth in the first quarter of the year, accelerating at a modest pace to ensure that the economy is not at immediate risk of recession.
Bank of England raises UK interest rates to 4.5%
The Bank of England has raised interest rates by a quarter of a percentage point to 4.5% amid growing concerns about persistently high inflation in the UK.
Social media firms should reimburse online fraud victims, say UK bankers
The boss of the banking industry body UK Finance has called on social media companies to reimburse victims of online fraud, accusing them of “profiting” from scams taking place on their platforms.
Only 6% of UK businesses have confidence in Government to deliver economic growth in 2023
Only 6% of UK businesses have confidence in the UK Government to deliver economic growth in 2023.
Over half of UK gig economy workers earn below minimum wage
More than half of gig economy workers in the UK are earning less than the minimum wage, new research has found, with a quarter reporting that the nature of their work put their safety at risk.
