Gross domestic product (GDP) in the G20 area rose by 0.8% in the first quarter of 2025, slightly down from 0.9% in the previous quarter, according to provisional estimates (Figure 1). However, the picture was mixed among G20 countries. In Korea and the United States, GDP contracted, by respectively 0.2% and 0.1%, in Q1 2025, […]
The latest HPI data from e.surv and Acadata highlights a significant increase in transaction volumes in the lead-up to the stamp duty rise for first-time buyers (Figure 1), but also spotlights that the impact on market prices has been much more muted. Figure 1. Stamp duty changes distort the monthly pattern of activity In May, […]
Responding to the chancellor’s Spending Review, Tom Ironside, director of Business & Regulation at the British Retail Consortium, said:“While acknowledging the challenges facing many of Britain’s high streets, the chancellor announced plans for funding on a variety of issues important to retail. “With the huge rise in retail theft and the continued impact of violence […]
The government’s £86bn research and development (R&D) budget, set over the next four years, is a welcome sign of its recognition of research and innovation as central to driving long-term economic growth. However, to secure the UK’s global competitiveness and unlock significantly greater private investment, bolder ambition is needed, says the National Centre for Universities and Business (NCUB). […]
Commenting on the Comprehensive Spending Review announcement that the British Business Bank’s total financial capacity will be increased to £25.6bn, enabling a two-thirds increase in investments to around £2.5bn each year, Stephen Haddrill, director general of the FLA said: “We’re very pleased to see that funding for the British Business Bank has been prioritised as […]
The Asia Payment Survey, conducted by Coface in Q1 2025, provides insights into the evolution of payment behaviour and credit management practices of about 2,400 companies across the Asia Pacific region. Respondents are active in nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Taiwan and Thailand) and 13 sectors. Average payment terms […]
An East Renfrewshire doctor has secured £65,000 in funding from Scottish Enterprise to develop an innovative medical education platform, following tailored support from Business Gateway East Renfrewshire and East Renfrewshire Council. Dr Haseeb Hamid launched MedSnapp in September 2024.The digital platform uses AI features, short-form video content and gamification to help medical students learn more […]
Many industry sectors say they will raise prices and cut staff numbers in the face of rising employment costs, the latest ONS survey reveals. However, transport & storage firms plan to absorb the increases as much as possible, says the home delivery expert Parcelhero. A new survey by the government’s Office for National Statistics (ONS) reveals […]
A North East family has secured a £175,000 funding deal to launch a new start-up business dedicated to meeting the growing demand for dignified and compassionate pet cremation services. Renwick Animal & Pet Cremation Services, based near Morpeth in Northumberland, secured the working capital from Reward Funding to purchase vital equipment needed to launch the company, which […]
Accountants and financial advisers increasingly are seeing clients struggle to pay their fees with a knock-on effect on their cashflow, new research from Premium Credit shows. Nearly nine out of 10 (87%) say more clients are struggling to pay their fees and nearly three out of four (74%) expect a rise in the number of […]
