NatWest is to shut another 23 branches in England and Wales, adding to a raft of high street banking closures already announced this month.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Shell puts 2,000 UK jobs at risk with review of Shell Energy retail division
Shell has put more than 2,000 jobs in the UK at risk after launching a “strategic review” of its domestic energy and telecoms supply division.
British taxpayers get stake in AI checkout firm & whisky distillery as it backs 53 new companies
British taxpayers have become shareholders in a further 53 companies backed by a government rescue funding scheme.
Wetherspoons announces another 11 pubs to close with 35 still on the market
The chain announced last year that it would be selling nearly 40 of its pubs due to the combined impact of the pandemic and soaring prices.
Dyson family, Gym Shark founder and Sting among 100 Brits who paid £5.2bn tax in 2022
The highest taxpayers in the UK include a scrap metal dealer, JK Rowling, the founder of Gymshark, Sting and the Duke of Westminster.
Strikes cost Royal Mail £200m as it posts large loss
Strike action at Royal Mail has cost the besieged postal company about £200 million, sending it to a large operating loss.
HMRC say that Nadhim Zahawi’s tax error wasn’t innocent mistake
Nadhim Zahawi did not make an “innocent error” in his tax affairs, the head of HM Revenue & Customs has suggested.
Car industry in reverse as output crashes to lowest level in 70 years
Car production in Britain has plunged a further 10 per cent to new lows not seen since the 1950s, when Sir Anthony Eden was prime minister.
North of England ‘would rank second worst for investment’ in OECD country rankings
If the north of England were a country, it would be second bottom of a league table showing levels of investment in advanced economies, according to a report by a leading thinktank.
£1m paid to Octopus Energy customers as part of National Grid power saving scheme
More than £1m was paid to energy customers with Octopus Energy on Tuesday as part of a power saving scheme.
UK retirement age could hit 68 in the 2030s under pension plan
Britons will have to work for longer before claiming the state pension under plans to save the government billions of pounds by raising the official retirement age to 68 sooner than initially planned.
Australian startup Recharge bid could revive UK battery company Britishvolt
An Australian-based startup, Recharge Industries, has made a nonbinding offer for the collapsed UK battery company Britishvolt that could revive plans to construct a large plant in northern England.
Amazon workers stage first British warehouse strike in battle over pay
Amazon workers in Britain are taking strike action for the first time, with a third of staff walking out at a warehouse in Coventry in a dispute over pay.
Homeworking means over an hour extra time to work each day
Working from home has saved Britons an average of 73 minutes each day, according to new research.
Technology leaders press the PM on semiconductor policy
The government’s continued failure to produce a strategy for the vital semiconductor industry puts Britain’s status as a leader in the tech sector at risk, sector stalwarts have warned.
