Nadhim Zahawi has said nobody should be cut off in the winter if they’re unable to pay their bills.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Snapchat firm cuts 1,300 staff in face of advertising downturn
The company behind Snapchat is making about 1,300 staff redundant and cutting investment in projects such as augmented reality glasses, as the social media business fights an advertising downturn.
NatWest repays fees charged on incorrect loans
NatWest is refunding £600,000 to more than 700 small and medium-sized businesses after it broke competition rules by forcing them to open fee-paying accounts to take out loans with the taxpayer-backed bank.
House prices defy forecasts to continue double-digit increase, according to Nationwide
The housing market continues to defy the wider economic gloom, with prices rising for the thirteenth month in a row last month.
Staff at nine train companies to stage 24-hour walkout in September, TSSA union says
Staff at nine train companies will take part in a 24-hour strike starting at midday on 26 September, the TSSA union has said.
UK food price inflation hits highest level since global financial crash
The rapidly rising price of food including milk, margarine and crisps pushed August shop price inflation to the highest levels since 2008 as the war in Ukraine raised costs for farmers.
UK manufacturing sector insolvencies rise by 63% since last year
Insolvencies across the manufacturing sector have soared by 63% since last year ahead of a wave of business failures expected this winter in response to rising energy prices, higher interest rates and falling order books.
Get ready for 22% inflation, Goldman Sachs warns
Inflation in Britain could top 22 per cent on the back of high energy costs next year, Goldman Sachs has warned, as new data showed that consumers are paying record prices in the shops.
Co-op sells petrol courts to Asda in £600m deal
The Co-operative Group has sold its petrol forecourts to Asda, the supermarket chain, for £600 million including liabilities.
West Midlands could reap £1.5bn a year manufacturing boost
The West Midlands has the potential for a £1.5bn a year manufacturing dividend, according to new analysis by the UK’s strategic hub for industrial research.
40,000 BT staff on strike: ‘We won’t have bosses use Swiss banks as workers use food banks’
Over 30,000 BT Openreach engineers and 10,000 BT call centre workers are staging a walkout today over pay, as the summer of strike action continues.
Data company sued by US government amid fears of sensitive location tracking
The US Federal Trade Commission (FTC) on Monday sued Idaho-based data broker Kochava for selling geolocation data from hundreds of millions of mobile devices that could be used to track consumers.
Musk subpoenas Twitter whistleblower as he battles to end takeover deal
Elon Musk has subpoenaed a former Twitter employee who has accused the social media company of poor spam policies and security vulnerabilities as the billionaire battles to get out of his $44bn agreement to buy Twitter.
Pubs and brewers warn of closure as energy bills soar
Pubs and brewers are at risk of closure amid price increases of more than 300 per cent, industry bosses of six of the country’s biggest pub and brewing companies have warned in an open letter to the government.
Energy could be rationed ‘for years’
Europe faces years of energy rationing without Russian gas, the boss of Shell has warned. Ben van Beurden said it was a “fantasy” to think that Europe’s energy crisis would be resolved soon and he warned that if Moscow were to cut off all supplies, life would be “very hard”.
















