The Government has unveiled a consultation, hoping to attract industry views on how to support the development of biomass powered carbon capture projects in the UK over the next decade.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
UK economy shrinks by 0.6 per cent as Britain heads for winter recession
The UK economy contracted by 0.6 in June and shrank 0.1 per cent between April and June, compared to growth of 0.8 per cent in the previous three months, the Office for National Statistics said this morning.
Cryptocurrency tycoon Ben Delo in legal challenge over data watchdog
A cryptocurrency billionaire who pleaded guilty to breaking American anti-money laundering rules is to bring a landmark legal challenge to Britain’s data regulator.
Arsenal FC’s cryptoasset ads deemed ‘irresponsible’ by watchdog
Arsenal Football Club has been reprimanded by the Advertising Standards Authority (ASA) for a second time for an online post promoting a cryptoasset irresponsibly.
1 in 4 shop workers skip meals each month to pay bills
One in four shop workers are skipping meals each month to meet bill payments, according to research from a trade union.
Introduction of €7 visa-waiver forms for travellers to EU delayed
The EU has delayed the introduction of a €7 visa-waiver form to enter its passport-free zone, meaning British travellers are unlikely to face the charge until 2024 at the earliest.
Reliable rent-paying ‘should count towards mortgage applications’
Renters should be able to use their history of payments as proof that they can afford a mortgage, a think tank has argued.
Four new directors for Bank of England board
The government is set to appoint four new non-executive directors to the internal court of the Bank of England, which acts as its supervisory board.
Deliveroo losses soar to £147m as cost of living crisis bites
Losses at Deliveroo soared by more than half to £147m in the first six months of the year, with the embattled company facing a dramatic slowdown in revenue growth as the cost of living crisis affects the demand for takeaways.
Strikes expected at Felixstowe port as pay talks end without agreement
Talks between the Unite union and the company that runs Felixstowe port, which were aimed at stopping an eight-day strike by dock workers at Britain’s busiest container port, have ended without a deal.
UK postal workers to strike for four days in pay dispute
More than 115,000 UK postal workers are to stage a series of strikes in the coming weeks in a dispute over pay.
Cost of living support gives consumer confidence a lift
Consumer confidence rose in July as low-income households received cost of living payments from the government’s support package.
Supply issues drive down used car sales
The number of used cars sold fell by nearly a fifth in the second quarter as the supply issues that have put the brakes on the new car market finally hit the availability of second-hand vehicles.
Elon Musk sell $6.9bn Tesla shares as Twitter court battle looms
Elon Musk has sold $6.9 billion worth of shares in Tesla to avoid what he said was an emergency sale should Twitter succeed in forcing him to close the $44 billion takeover.
Lord Hammond to join £1bn Fintech Growth Fund
Former Chancellor Lord Philip Hammond has been appointed to the advisory board of the provisionally named Fintech Growth fund, a £1bn venture to invest in financial technology startups, according to reports.
