Almost 153,600 new cars were registered in October compared with nearly 158,200 during the same month in 2017, the Society of Motor Manufacturers and Traders (SMMT) said.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Santander sees profits fall amid Brexit uncertainty
High street banking giant Santander has seen UK profits tumble 15% as the group cautioned over stiff competition and Brexit uncertainty.
Self-employed face high debt levels, says charity
The tendency for more and more workers to become self-employed is leaving thousands of people deeply in debt, according to a charity.
Entrepreneurial Brits boost economy by £14.4 billion, as side hustling parents lead the charge
The number of side hustlers – individuals who run their own business on top of their day job – has risen by 32 per cent in the last decade, according to new research
Time-Poor Brits could save at least fortnight a year by hiring help
The average householder could free up at least two weeks, or 336 hours, per year by hiring someone else to do their cleaning or tend their garden, according to new research.
Johnson waives Patisserie Valerie chairman salary whilst ‘mess is resolved’
The chairman of Patisserie Valerie, Luke Johnson, has said he will waive his salary as he focuses on reviving the cake and cafe chain after accounting scandal.
UK food & drink manufacturers face increased costs as result of ‘no-deal’ Brexit stockpiling
Data from the Food and Drink Federation’s (FDF) reveals that over a third of food and drink manufacturers surveyed are reporting an increase in costs as a result of stockpiling ahead of a possible ‘no-deal’ Brexit.
70 UK business leaders call for a public vote on Brexit deal
More than 70 business leaders have signed a letter to the Sunday Times calling for a public vote on the UK’s Brexit deal.
Shoppers would be tempted back to high street by original & British made goods
A survey has found that 91 per cent of shoppers would visit high street stores more frequently if they could buy items that are hard to find anywhere else
Average Brit underestimates amount needed to retire by £169,000
New research has revealed many people in the UK haven’t even started thinking about saving for when they stop working.
Meerkat firm busted by UK competition watchdog
Britain’s competition watchdog has found that comparethemarket.com is in breach of antitrust law over its arrangements with insurers, which could be resulting in higher costs for consumers.
Marks & Spencer set for half-year profits dip
Marks & Spencer is set to report another dip in profits next week as the retailer’s clothing and food divisions come under pressure amid a major restructuring.
Berkeley warns over ongoing London market woes
Housebuilder Berkeley has warned that London’s property market remains under pressure from high transaction costs, mortgage restrictions and Brexit uncertainty.
Barratt shrugs off housing market worries
Barratt Developments has shrugged off mounting signs of Brexit woes in the property market as it insisted conditions remained solid with strong buyer demand.
Pound climbs higher amid rumours of a Brexit deal for the City
Rumours of an agreement between the UK and EU on financial services sent the pound higher on Thursday, supported by the outlook from the Bank of England as it maintained interest rates.
