Footfall across retail destinations in Britain fell last month to 14.2 per cent below the 2019 level, wiping out all the gains made since April.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Prepare for 15% inflation next year, Britain warned
Inflation could reach 15 per cent early next year, a leading think tank warned yesterday, as soaring gas prices exacerbate the UK’s cost of living crisis.
Ads for two UK funeral firms banned over ‘misleading’ eco-friendly claims
Adverts for two funeral providers have been banned after they misleadingly implied that their MDF coffins were more eco-friendly than other options.
Company insolvencies at highest rate for a decade
The number of British companies filing for insolvency hit its highest level in a decade last quarter as businesses struggled after Covid support was lost.
Long-term stays boost for Airbnb
Airbnb last night forecast third-quarter revenue above estimates and announced a $2 billion share buyback, its first since going public, as pandemic-weary travellers make the most of the summer.
Inflation and tax rises will leave 5.3m with no savings, says think tank
Inflation and a growing tax burden will lead to 5.3 million people having no savings by 2024, equal to one in five of all households, a leading economic think tank has said.
UK economy grows but fears remain over rising prices
The UK economy rebounded in May after shrinking in April and March, official figures show.
House prices climb 11% despite cost of living squeeze
House prices are continuing to rise despite the growing cost of living crisis.
Toyota to leave UK if government bans hybrid car sales from 2030
Toyota has threatened to stop manufacturing in the UK if the government goes ahead with its plans to ban the sale of hybrid cars from 2030.
Insolvencies surge to highest rates since financial crash as voluntary bankruptcies hit record levels
The UK government’s Insolvency Service today said it recorded a higher number of insolvencies over the past three months than at any other point in more than a decade
Thousands of UK businesses could face ‘significant delays’ in customs system shift
Thousands of UK businesses risk “significant delays” to importing goods if they fail to move to the country’s new customs system before autumn, the government has warned.
Ultra-high energy bills are here to stay
Household energy bills will remain historically elevated into 2024, revealed Cornwall Insight, meaning the cost of living crisis will not be easing for Brits any time soon.
BP reports huge profits as energy bills soar
BP has reported massive profits for the three months to June after oil and gas prices soared.
Liz Truss pledges civil service pay shake-up
Liz Truss has said she wants to save taxpayers’ money by scrapping diversity roles and ending national pay deals.
British Airways suspends Heathrow short-haul ticket sales
British Airways has suspended ticket sales on short-haul flights from Heathrow until 8 August after the London airport’s decision to cap capacity and tackle widespread disruption and cancellations.
















