Latest research has looked at the current struggle facing the nation’s first-time buyers (FTBs) and how this could increase over the next 34 years for those born today.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Forget the theatrics: Almost half of Dragons’ Den investments fail
A London-based investment fund is challenging the ‘unrealistic expectations’ perpetuated by Dragons’ Den and is encouraging hopeful entrepreneurs the opportunity to present business ideas ‘without the theatrics’.
CBI warns Brexit ‘clock is ticking quickly towards crisis point’
The Confederation of British Industry (CBI) has said the Brexit “clock is ticking quickly towards crisis point.” Manufacturing has slowed in the three months to February.
SME online retailers head to marketplaces to boost sales
Almost six in ten UK SME online retailers sell their products through an online marketplace whilst 75 per cent have their own website, according to a study commissioned by Royal Mail.
New UK-Japan trade deal will not be ready by Brexit deadline
The UK won’t be able to roll over an EU trade deal with Japan in time for a no-deal Brexit, Trade Secretary Liam Fox has said.
Isle of Man announces National Insurance Holiday Scheme for residents
The Isle of Man Treasury Minister, Alf Cannan MHK, made an announcement in today’s Budget which could increase take home pay for new and returning residents.
Dairy firm Arla Foods to pay £252m to help farmers affected by drought
Dairy firm Arla are to pay out £252m of their annual profits, to help farmers following last years drought that affected the UK and Europe.
Dstl seeks SMEs for additional £40M research & partnership opportunities
SMEs in the science and technology sectors could benefit from an additional £40 million to £45 million of external investment opportunities from the Defence Science and Technology Laboratory (Dstl).
Barclays creates £150m war chest to guard against Brexit uncertainty
Banking giant Barclays has revealed due to Brexit uncertainty they have put by £150m, as a result profits have slipped 1% lower to £3.49bn.
Uber Eats opens its doors to 50,000 UK restaurants
Fifty thousand restaurants in the UK and Ireland can now serve customers with Uber Eats, as the fast growing food delivery app unlocks its technology to restaurants with their own delivery drivers.
Zuckerberg to meet UK culture secretary to discuss preventing online harm
Mark Zuckerberg is to meet with UK culture secretary Jeremy Wright at the company’s headquarters in California on Thursday.
Standard Chartered puts aside $900m for potential fines
Standard Chartered is putting aside $900m (£690m) for potential fines involving investigations in Britain and the US.
Honda closure could result in hundreds of small supply chain firm closures
Japanese car maker Honda said on Tuesday, that the closure of the Swindon car plant could see as many as 7,000 potential job losses, due to the supply chain of subsidiaries and partnering companies.
Aviva moves £8.8bn to Dublin amid a no-deal Brexit
One of Britain’s biggest life insurance and pensions company, Aviva have been given the green light to shift £8.8bn of assets to Dublin, as the firm ramps up their Brexit contingency planning.
Lloyds puts another £750m aside for PPI claims as bill grows to £19.4bn
Lloyds Banking Group said it set aside £750m in 2018 for further payment protection insurance (PPI) claims.
