The number of households installing rooftop solar panels reached its highest level in more than seven years in the first months of 2023 as energy-bill payers turned to renewable energy to guard against spiralling costs.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
New research shows UK exporters are optimistic about prospects for growth in next 12 months
British businesses are ambitious for international growth and see exporting as key to their success, according to new research released today.
Ocado to close its Hertfordshire warehouse with 2,300 jobs at risk
Ocado Group is to close its oldest warehouse, in Hatfield, putting about 2,300 jobs at risk.
NatWest chairman Howard Davies to stand down next year
NatWest is to embark on the hunt for a new chairman after Sir Howard Davies announced he would step down from the board of the taxpayer-backed bank next year.
Innovate UK Launches £100 Million AI Fund for UK Business
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML).
Britons must accept they will be poorer, says Bank of England’s chief economist
Households must accept that they will be “worse off” if inflation is to be tackled, the Bank of England’s chief economist has said.
Amazon workers in Coventry make historic bid for union recognition
The GMB union has started the process for union recognition at Amazon Coventry, after two weeks of strike action by workers at the fulfilment centre.
London could face summer of strikes as Mick Lynch’s RMT re-ballots 10,000 underground staff
10,000 RMT members are set to be re-balloted for strike action today, in a continuing row over jobs and pensions which looks set to pile more misery on London commuters.
Bitcoin on track to hit $100,000, says Standard Chartered
Bitcoin could reach $100,000 by the end of next year, an analyst at Standard Chartered has claimed.
Brent Hoberman’s Founders Forum Group acquires Tech Nation
Founders Forum Group (FF Group), a global community and group of businesses supporting entrepreneurs at every stage of their journeys, has formally acquired Tech Nation.
Businesswoman ‘facing bankruptcy’ after being sued for Facebook libel
The owner of a pet hotel has said she faces bankruptcy if she loses a libel claim for lashing out at a dressage rider on Facebook over a dead pony.
Hunt has scope for tax cuts as government borrowing is £13Bn less than planned
The chancellor has more wiggle room to cut taxes or increase spending than expected after government borrowing last year came in £13.2 billion less than the Office for Budget Responsibility forecast.
CBI President admits he is unsure if organisation can build back trust in open letter to all members
The president of the CBI has admitted he does not know if it can win back trust while setting out how it plans to bolster its culture amid the sexual misconduct scandal engulfing the business lobby group.
Government pledges £100M for taskforce to help UK build and adopt next generation of safe AI
The Prime Minister and Technology Secretary announce £100 million in initial start-up funding for taskforce responsible for accelerating the UK’s capability in rapidly-emerging type of artificial intelligence
Chancellor declares there is ‘no point’ engaging with the CBI with its future in doubt
Jeremy Hunt says it is important for the government to engage with a body that is representative of the business community and there is “no point” in talking to the CBI while the lobby group is dealing with allegations that have brought its future into doubt.
