Workers at the UK’s biggest container port will go on strike for more than a week later this month in a dispute over pay.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Covid loans make UK taxpayers shareholders in cannabis oil firm
British taxpayers are now shareholders in a further 65 companies because of a government rescue funding scheme set up during the Covid crisis – including a medical cannabis firm, a video game studio and a chain of bars offering activities like ping pong. A list published by the government’s development bank reveals an eclectic range […]
Twitter says Musk is ‘conjuring’ excuse to escape takeover deal
Twitter has rejected Elon Musk’s claims in court that he had legitimate reasons to back out of a $44bn deal to purchase the social media platform, marking the latest development in a dramatic legal showdown.
WeWork’s offices are back in business
The number of people using WeWork’s offices is back to where it was before the pandemic, but the provider of shared offices remains heavily in the red.
UK construction output in ‘contraction territory’ for first time since pandemic
The UK’s construction output has fallen for the first time since last January, according to US analytics giant S&P Global.
MPs set to scrutinise government crypto hub plans in fresh inquiry
MPs are set to scrutinise the Treasury’s plans to make the UK the “global home of crypto” in a fresh inquiry into the wider crypto and digital assets sector, launched today.
Fraud on the rise as cost of living soars, FCA warns
The UK’s top financial watchdog sounded the alarm over rising fraud rates today as scammers look to swoop on vulnerable consumers amidst a cost of living crunch.
Gordon Ramsay’s restaurant group reports £12m in pandemic losses
Gordon Ramsay’s restaurant empire has reported almost £12m in losses and cut almost 300 staff because of closures and restrictions during the Covid-19 pandemic as the businessman warned of the potential impact of soaring inflation and rising bills on restaurant dining habits.
Thousands cancel Netflix or Prime Video as UK cost of living soars
Almost 800,000 UK households cancelled their subscriptions to Netflix or Amazon Prime Video between April and June, as the cost of living crisis forces streaming fans to cut back on the number of services they pay for to just a few favourites.
Bank of England raises base interest rate to 1.75%
The Bank of England has raised the base interest rate by half a percentage point to 1.75 per cent, the biggest rise since 1995, in an attempt to combat runaway inflation.
EU delays tighter entry rules until November 2023
Travel to Europe was given a boost yesterday as the European Union quietly delayed its plans to tighten entry rules.
Rural crime wave forces farmers to paint their flocks
Farmers are painting the horns of their sheep to thwart thieves as a report finds that rural crime has risen by 40 per cent in a year.
Supply chains remain a major problem for Mini
The problematic transition to electrification amid continuing pandemic- related supply chain disruption has seen deliveries at Mini, the carmaker that produces the majority of its vehicles at the Cowley plant in Oxford, drop by more than a fifth.
Poundland to cut prices and open 25 new stores
Poundland, the discount retailer, is cutting the price of 1,000 products and opening 25 more stores as inflation hits household finances.
Cost of living squeeze hits pension contributions
More than one in ten adults have stopped contributing to their company pension or are planning to stop because their incomes have been squeezed by the cost of living crisis.
















