Real estate giant Canary Wharf Group has teamed up with Brookfield, one of the world’s largest renewable energy providers, to support the building of a new wind farm in the UK and procure clean energy.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
New car sales continue to rise in Northern Ireland in 2023
Sales of new cars in Northern Ireland continued to recover in April according to industry data.
Last bank in Essex town to close in August
The last bank in a south Essex town is set to close in August.
UK agrees landmark trade deals with Australia and New Zealand to remove red tape for SMEs
The UK has agreed landmark post-Brexit trade deals with Australia and New Zealand to unleash British businesses and deliver on the Prime Minister’s aims of economic growth and innovation.
Seabed power grid to link North Sea wind turbines
A vast power grid on the seabed of the central North Sea is being planned as part of a £20bn project to power oil and gas platforms with green electricity.
RMT votes overwhelmingly for further train strikes
Train passengers face further disruption this summer after members of the RMT rail union voted overwhelmingly for further strike action.
Burger King will close up to 400 stores by the end of the year as fast food giant fails to keep up with fast-casual competition
Burger King has estimated that the fast food giant will have to close up to 400 locations across the US this year.
Construction begins at Sutherland, the UK mainland’s first vertical launch spaceport
Orbex has announced that construction has begun at Sutherland Spaceport (formerly known as Space Hub Sutherland) in Scotland, making this the first vertical launch spaceport to be built on the UK mainland.
Brits set to splash out an extra £3bn on food, drink and entertainment
Brits are expected to ring in the Coronation of King Charles III this weekend in the time honoured tradition of emptying their wallets faster than usual.
Hunt hypes up UK’s future as ‘world’s next Silicon Valley’
Jeremy Hunt has talked up Britain’s prospects of becoming the “world’s next Silicon Valley” in a summit with creative industries leaders.
RAC says diesel drivers are being ‘ripped-off’ as wholesale prices cheaper than petrol for months
Diesel drivers are being “ripped-off” at the pumps to the tune of around 16p per litre, according to a motoring group.
145,000 Bounce Back Loans worth £3.8bn in Arrears
A Freedom of Information request has revealed that over 145,000 Bounce Back Loans loans worth £3.8bn are in default as businesses continue to battle economic headwinds.
Prezzo braces for landlord showdown over restaurant closures
Prezzo, the high street restaurant chain, is bracing for a court showdown with landlords over the closure of a third of its sites.
Lloyds profits swell by nearly 50 per cent with interest rate rise boost
Lloyds first quarter profits rose 46 per cent as the bank became the latest UK lender to see its bottom line boosted by a hike in interest rates.
HMRC bring less prosecutions for tax-dodging than pre-pandemic and plan to keep it that way
HMRC is prosecuting far fewer people for tax dodging than before the pandemic, an influential committee of MPs has warned.
