Category: News

The Bank of England has kept UK interest rates at 4%, slowing bond sales and warning inflation remains “not out of the woods” as investors expect rates to stay on hold through 2025.

APSCo UK warns that rejecting amendments to the Employment Rights Bill risks creating barriers for employers and recruiters, hindering growth and worsening the UK labour market.

Evelyn Partners research shows female entrepreneurs exit for 25% less than men, averaging £3.9m versus £5.2m. Experts at the No Diversity, No Deal event in Glasgow say structural barriers, funding gaps and negotiation bias hold women back.

Anna Daroy, former Director General of the Institute of Directors, has been banned as a company director for 11 years after abusing Covid Bounce Back Loans. Globepoint Associates Ltd took £100,000 when only £50,000 was allowed.

Tesla shares have soared nearly 50% since Elon Musk’s public feud with Donald Trump. Insider buying, strong Q2 results and FSD progress fuel the EV maker’s rebound.

UK inflation held at 3.8% in August, nearly double the Bank of England’s target. The data reinforces expectations that rates will remain at 4% as Chancellor Rachel Reeves warns the economy is “stuck”.

Britain’s entrepreneurial spirit remains strong, with 84 new companies launched every hour in the first half of 2025, according to fresh analysis from SME lender iwoca.

Jaguar Land Rover’s factories could remain shut until November after a cyberattack forced the carmaker to halt production. Suppliers warn of insolvency risks as thousands of workers remain on standby.

ONS figures show UK jobs growth slowing with payrolls down 8,000 in August and wage growth easing to 4.8%, adding to signs of a cooling labour market as the Bank of England weighs interest rates.

Elon Musk has bought $1bn in Tesla shares, his first open-market purchase since 2020, as the board prepares a shareholder vote on a record $1tn pay package tied to ambitious growth targets.

Google will invest £5bn in the UK to expand AI, create over 8,000 jobs and open its first Hertfordshire datacentre, in a boost hailed by Chancellor Rachel Reeves.