Responding to the latest CPI inflation figures, which show headline inflation falling to 3.6% and food inflation rising to 4.9%, Dr Kris Hamer, director of insight at the British Retail Consortium, said: “Food inflation edged back closer to 5%, after some respite in September, in what will be unwelcome news for consumers just a week before the Budget. […]
In 2024, Black Friday was forecasted to boost the UK economy with £7.1bn in sales. And with three in five adults predicted to be heading to the shops for the Black Friday weekend in 2025 – that’s 31.9 million potential customers for UK SMBs. But, beneath these promising statistics, Black Friday is not just a cash grab for SMBs. […]
Joph Young, Andrew Poxon and Hilary Pascoe from Leonard Curtis were appointed as joint administrators to law firm Wright Hassall LLP on 14 November 2025. The Joint administrators, in conjunction with the LLP’s partners, worked to achieve a successful sale of the LLP’s business and assets to top 50 UK law firm, HCR Legal LLP, […]
Cynergy Bank has introduced a new bridging finance product aimed at UK property developers, featuring no arrangement fees, no exit fees and reimbursement of valuation and legal costs after the sale of the first unit. This initiative aims to support property developers amid current political uncertainty and a slowing market. The product targets minimum loan […]
UK inflation rising to 3.6% in the year to October, a fall from the three preceding months, means a Bank of England rate cut in December is now very likely, predicts the CEO of global financial advisory giant deVere Group. The prediction from Nigel Green comes as the latest official figures show that consumer price inflation […]
Acres Investments Limited (“Acres”), the holding company of Acres Insurance Brokers (AIB), a specialist agricultural insurance broker, has secured a six figure debt finance package from the British Business Bank’s Midlands Engine Investment Fund II for the East and South East Midlands, managed by Maven Capital Partners (“Maven”). Founded by Nigel Wellings, an experienced insurance professional with […]
Commenting on today’s inflation figures, Julian Jessop, Economics Fellow at the free market think tank the Institute of Economic Affairs, said: “Inflation is heading in the right direction again, but it is far too soon to sound the all clear. “The fall in the CPI measure to 3.6% in October, from 3.8%, was widely expected. […]
Black Friday is set to see a 3% rise in UK sales this year, resulting in a £1.15bn bonanza on Friday 28 November, forecasts the home delivery expert Parcelhero. It predicts that UK sales will reach £12bn over the entire Black Friday-Cyber Monday week. However, despite this jump in turnover, this year it could be a […]
More than one in three UK SMEs have increased prices over the past year in response to mounting economic pressures, while over a fifth have implemented a hiring freeze, according to new research from Paragon Bank. The survey of 1,000 SME leaders and decision-makers was commissioned by FTSE 250 lender Paragon to understand the sector’s […]
A midlands-based company is driving fleet efficiency with the support of a funding solution from Pulse Finance. Fleet Auto Services is a family-run company based in the West Midlands, specialising in mobile vehicle servicing for the daily vehicle rental market. With a focus on balancing cost, quality, and speed of service, they provide tailored solutions […]
