Category: News

UK banks are ramping up lending, marking the end of a loan drought after government Covid-19 support schemes were ditched.

Start Up Loans, part of the British Business Bank, has announces that the programme has delivered over 9,000 loans worth £90 million to start ups in the South East of England.

Swelling costs have crimped UK companies’ margins, leading to a surge in profit warnings, reveals a new report published today.

Unions are calling for people to get legal protection against high temperatures in UK workplaces, as a heatwave arrives that could cause temperatures to approach 40C on Monday and Tuesday.

Brexit-supporting regions in the UK are becoming increasingly dependent on the EU for their manufacturing exports, research by the trade body Make UK has found.

Almost a fifth of a million small businesses have fallen into arrears on their bounceback loan repayments, far more than officially published

More people are cancelling their video subscriptions to save money in the face of the cost of living squeeze, with under-24s most likely to walk away.

Almost six in ten small and medium-sized businesses say they prefer a hybrid style of working which combines home working with going into the office, according to new research. 

Aston Martin Lagonda has announced plans to raise £653 million via a placing and rights issue that will result in Saudi Arabia’s sovereign wealth fund becoming the luxury carmaker’s second largest shareholder.

Drivers at 14 train operating companies are to go on strike for two days in August, in a move that will bring many services around Britain to a halt. The announcement was made hours after another union confirmed strike action for July.

Ministers have issued an ultimatum to the chief executive of Heathrow, calling on him to provide a plan to resolve the airport’s staffing problems, it has been reported.

Amazon is creating 4,000 permanent jobs in Britain, including for roles in warehouses set to open in Wakefield, West Yorkshire, and Knowsley on Merseyside.

Borrowing on credit cards rose in the second quarter, accompanied by an increase in defaults as people struggled to meet repayment deadlines amid widespread price rises.

Aston Martin Lagonda is closing in on a deal to raise more than £500 million by bringing in Saudi Arabia’s sovereign wealth fund as a major shareholder and launching a rights issue for investors.