Millions of households are facing an increase in their council tax from April, as local authorities try to balance their books.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Bill Gates says Britain has could easily be a net-zero leader
Tech billionaire Bill Gates has said the UK has “all the ingredients” to lead the world on net zero, after he met with prime minister Rishi Sunak at a clean tech summit.
British Gas owner Centrica posts £3.3bn record profit – treble last year’s £948m figure
British Gas owner Centrica has unveiled record profits of over £3bn – more than treble that of last year – powered by soaring energy prices and historic market volatility.
Wilko plans to cut 400 jobs as part of restructuring after fall in sales
Wilko plans to cut more than 400 jobs, including assistant store managers, retail supervisors, head office managers and call centre workers, in the troubled retailer’s latest effort to control costs.
Huel adverts banned in UK for claiming shakes could help cut food bills
Huel adverts that claimed its meal replacement shakes could help consumers save money during the cost of living crisis have been banned after the advertising watchdog ruled they were misleading and irresponsible.
Govia Thameslink launches cheaper fares on Mondays to lure train back commuters
It has become one of the great post-pandemic riddles of the railway: how to entice commuters back to the office on Mondays and Fridays.
Elon Musk donates almost $2bn of Tesla shares to charity
Tesla chief executive Elon Musk says he donated around $1.95bn (£1.6bn) worth of shares in his electric carmaker to charity last year.
Airbnb shows travellers are bucking recessionary fears
Airbnb last night forecast current-quarter revenue above Wall Street estimates as demand for travel defied the economic gloom.
Insolvencies driven up by rocketing costs
Company insolvencies rose last month as businesses grappled with higher inflation and more winding-up petitions from HM Revenue & Customs.
Barclays cuts bankers’ bonuses after profits fall
Barclays has cut its bonus pool for its bankers after posting a bigger-than-expected fall in annual profits to £7 billion.
UK inflation falls for third month in a row to 10.1%
Inflation fell for a third consecutive month in January but remained close to a 40-year high at 10.1 per cent, official figures show.
UK wages fall by 2.5% as inflation bites
Real wages fell by 2.5 per cent in the three months to December, government statistics showed today, representing one of the largest drops since records began 20 years ago.
Ford to cut one in five jobs in the UK
Ford has announced plans to cut 1,300 jobs in the UK over the next two years, a fifth of its total workforce in the country.
16-24-year-olds see employment jobs spike as living costs bite
More people are entering or returning to work as the cost of living continues to bite into household finances.
Treasury set to tighten up pay later schemes
The government has set out plans to clamp down on buy now, pay later schemes, after concerns that some people are borrowing more than they can afford to repay.
