A sharp rise in bitcoin prices has pushed the cryptocurrency above $30,000 (£24,118) for the first time since 10 June last year, just before the Celsius crypto lending company froze withdrawals in the run-up to its collapse.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Tesla eyes UK sales with Milton Keynes warehouse deal
Tesla is close to signing a deal to rent a new warehouse in Milton Keynes to boost sales of its electric cars in Britain.
UK economy to remain worst-performing of top nations IMF predicts
The UK will retain its position as the worst-performing major economy in the world this year, according to forecasts from the International Monetary Fund, which has warned that global inflation will stay higher for longer.
CBI business group boss Danker sacked after misconduct claims
The boss of one of the UK’s largest business groups has been fired after an investigation into complaints about his conduct at work.
UK agritech secures £4M to scale up eco-friendly insecticides
A UK agritech specialising in the next generation of green insecticides has secured a further round of investment totalling £4 million to scale up the development of its unique nature-inspired pesticides, the first of their kind to be developed worldwide.
Over 150 pubs have shut this year as energy bills soar
More than 150 pubs closed for good in England and Wales during the first three months of this year as soaring energy bills and other costs pushed many operators over the edge.
Investors descend on safety greener pastures driving value of arable farmland to record high
When there’s turmoil in global markets, it is little wonder that investors turn to more esoteric investments.
Supply chain recovery feeds optimism among companies
Businesses were boosted last month by the lowest inflation rate in a year, helping sentiment to recover from the record lows recorded in 2022.
Hard-up Britons cut back on food bills but spend more on streaming TV
Britons cut back on food shopping and dining out last month, but spent more on streaming subscriptions.
Grimsby-based myenergi set to become UK’s largest home EV charge point provider
myenergi is set to become the UK’s leading home EV charge point provider, after surpassing its 500,000 unit sales milestone – despite only having been in business for seven years.
Warning post-Brexit border checks could deter EU imports
New plans for post-Brexit border checks on goods coming into the UK will deter many EU suppliers and push up food prices, a trade body has said.
Adnams Brewery joins EY & Rolls Royce in exodus from CBI after misconduct allegations
Adnams Brewery is in discussions about leaving the under-fire Confederation of British Industry (CBI) after a string of sexual misconduct allegations broke.
New orders deliver boost to UK service sector
The UK’s dominant services sector was boosted by a surge in new orders and rising business confidence last month, underscoring a recent recovery in private sector output.
UK house prices rise for third month in March
House prices rose in March for the third month in a row as an easing of mortgage rates drew buyers back into the market, data from Halifax shows.
Royal Mail may face more strikes as talks with union end without deal
Talks between Royal Mail and postal workers have ended without a deal, raising the prospect of further strikes disrupting the UK’s letter and parcel deliveries.
