House hunters and other borrowers across borrowers have close to 1,000 fewer mortgage deals to choose from than they did a year ago, as more than 500 deals have simply vanished since last month.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Britain to close for Queen’s funeral: Supermarkets announce all day closure plans on Monday
Britain’s supermarkets are set to shut for the Queen’s funeral on Monday out of respect for the late monarch.
UK battery storage capacity to be boosted by £200m venture
Specialist energy storage trust NextEnergy Solar Fund has announced a £200m venture with sustainable electricity firm Eelpower to strengthen the UK’s battery storage capacity.
UK Entrepreneurs unite to help business owners succeed while maintaining work life balance
13 high-achieving entrepreneurs have come together to share their insight and best practice on achieving both work/life balance and business success through a new self-help book titled, ‘Happy Healthy Wealthy Entrepreneurs’.
Banks won’t lend to us, say more than a quarter of UK’s businesses
New research exposes the difficulties businesses face accessing finance from mainstream lenders and how alternative solutions can plug the gap.
Economy returns to growth with 0.2% rise in GDP
The UK economy edged back to growth in July with output up by an estimated 0.2 per cent in the month, following a 0.6 per cent fall in June.
Strike action cancelled after the Queen’s death
Some of the UK’s biggest strikes have been called off after the death of Queen Elizabeth II.
UK’s leading entrepreneurs urge Liz Truss to back new entrepreneurship competition
A group of the UK’s leading entrepreneurs have urged the Prime Minister to back a new entrepreneurship competition in a push to get British startups back on track.
Retail tycoon Mike Ashley joins the race for Savile Row tailor Gieves & Hawkes
High-street tycoon Mike Ashley has reportedly joined the race to takeover Savile Row tailor Gieves & Hawkes.
Imperial College to close joint research ventures with Chinese defence firms
Imperial College will shut down two major research centres sponsored by Chinese aerospace and defence companies amid a crackdown on academic collaborations with China.
Bank of England delays next interest rate decision following Queen’s death
The Bank of England delayed its next interest-rate decision a week to Sept. 22 to allow a period of mourning after the death of Queen Elizabeth II.
Renewable and nuclear power suppliers will be asked to cut prices
Renewable and nuclear power generators will be asked to supply electricity well below current market rates through new contracts that critics said risked locking consumers in a bad deal.
Bank of England to lend UK energy companies as much as £40bn
The Bank of England will lend UK energy companies as much as £40bn to deal with soaring market prices amid fears of another wave of energy company collapses.
Rivian announce partnership to build in Europe with Mercedes
Rivian Automotive, the electric vehicle start-up backed by Amazon, has agreed to join forces with Mercedes-Benz and start building electric vans in Europe.
One in five hospitality firms ‘will go under’ without government support
Hospitality bosses are warning that one in five businesses in the sector will not survive the current crisis and that hundreds of thousands of people will be left without jobs unless government support is received.
