Activity in the manufacturing sector fell in March, but production is expected to rebound over the next three months, according to the CBI Industrial Trends Survey.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
£150m tax hike to hit London economy from April
Owner managed businesses in the capital are urged to take action to reduce the impact of the changes to dividend tax relief which will hit 600,000 London businesses from 6 April.
Brexit will create ‘£100bn shock to UK economy’ & place one million jobs at risk
A British exit from the European Union could cause a £100 billion “shock to the UK economy”, according to the CBI, which is warning that a vote to leave would constitute a “real blow” to jobs, growth and employment.
The ‘flat white’ economy of tech entrepreneurs is giving UK economy a real caffeine boost
The so-called “flat white economy”, named after a type of milky coffee favoured by tech-loving hipsters, is the UK’s second largest business sector, according to new figures.
Dragons’ Den failure 3rings secures £600,000 funding
Dragons’ Den failure app-based care-monitoring device 3rings has secured £600,000 in funding in a round led by health insurer Westfield Health.
Former business secretary Cable ‘fears’ apprenticeship levy is simply ‘revenue raising measure’
The apprenticeship levy is a “revenue raising measure” for the Treasury, former business secretary Sir Vince Cable has said.
Large firms should be braced for tax hikes to shoulder burden of George Osborne’s ‘small business Budget’
Big firms should be braced for tax hikes in order to shoulder the burden of George Osborne’s ‘small business Budget’, experts have warned.
New competition to find most inspiring LGBT entrepreneurs launched
A non profit organisation is hoping to highlight LGBT entrepreneurial success stories in order to encourage more to aim high in the business world.
Infiniti & Nest launch new global startup development program
Infiniti and Nest, a Hong Kong-based investment company, have announced that the second “Infiniti Accelerator”, a 12-week startup development program, is now open for applications from around the world.
Pact Coffee cancels £1M crowdfunding campaign with days to go
Pact Coffee, a London startup aiming to revolutionise the coffee industry, has cancelled its crowdfunding campaign on Crowdcube after realising it wasn’t going to hit its £1 million target with just days to go.
Drop in demand for government backed EFG loans call into question scheme viability
There has been a sharp fall in the number of Government-backed loans being taken out by small businesses calling into question the viability the whole offering to SMEs.
Larry Ellison makes $1billion overnight to overtake Mark Zuckerberg on the rich list
Internet entrepreneur Larry Ellison has made more than $1billion overnight, leapfrogging Mark Zuckerberg in the global rich list.
£5m boost for two new Scottish hydropower schemes
Albion Community Power (ACP) has committed close to £5m to the development of two new hydropower schemes in the Scottish Highlands.
British manufacturers are spending more to stay ahead
Improving competitiveness is a key priority for British manufacturing, with nearly nine in ten manufacturers looking to invest to improve efficiency and productivity according to latest research.
Supermarkets lose over £486BN a year in purchases abandoned at self-scan
A new study from the UK’s leading money-saving brand has revealed that the majority of Britons don’t have a positive interaction with supermarket self-scan tills.
