Susannah Streeter, head of money and markets, Hargreaves Lansdown: “UK inflation finally hitting target may come as relief for companies and consumers, but given this descent was widely expected it’s not moved the dial much for London-listed stocks. The FTSE 100 has opened lower as investors digest the inflation reading which shows prices in the […]
Small to mid-sized clothing and homeware manufacturers saw their revenue fall sharply in the first quarter of the year, according to new figures released. Clothing businesses suffered a 40% decline in revenue, followed by homeware at over a quarter. The figures were compiled by supply chain technology company Unleashed, based on data from purchases, sales […]
Battery electric vehicle (BEV) production in the UK is expected to top one million between 2030 and 2035, creating a demand for over 100 GWh of automotive batteries, providing the UK supply chain with a tantalising opportunity for growth and attracting further original equipment manufacturers (OEMs) to supercharge momentum. That’s as detailed in the latest […]
In May 2024, the number of registered company insolvencies in England and Wales was 2,006, 6% lower than in April 2024 (2,144) and 21% lower than the same month in the previous year. Company insolvency numbers did however remain much higher than levels seen during the Covid-19 pandemic and between 2014 and 2019. The construction […]
Nicola Clark, restructuring partner at UK top 10 accountancy and advisory firm Azets, comments on the latest company insolvency statistics: “Business owners now find themselves at a critical tipping point, as the rate of growth in company administrations slows. The number of registered company insolvencies in England and Wales in May 2024 was 2,006, 6% […]
A total of £50.3m was stolen from people in the UK through invoice and mandate scams last year. Over 40 Santander UK Corporate & Commercial Banking clients are known to have been targeted in 2024 so far, with a total value attempted of more than £1.3m. London based dental clinic Dentistry100, was targeted by scammers […]
A recent study revealed that annual leave taken across the UK dropped by 8% from 2022 to 2023. In light of this, small business credit card company Capital on Tap set out to discover how the figures compare for entrepreneurs. They surveyed small business owners in the UK about perks such as holiday allowance, flexible […]
Billhop, the leading B2B card-enablement platform, is pleased to announce that it has been granted approval to be an Authorised Payment Institution by the UK Financial Conduct Authority (FCA). The authorisation marks an important milestone in Billhop’s growth strategy, reinforcing its role as a key provider of innovative payment services to Enterprise customers across Europe and […]
An Argyll & Bute-based business making fresh pizzas to order has seen huge success after the owner accessed specialist start-up support from Business Gateway. Rolling Pizza was set up by Dace McLellan in December 2023. Dace set up the business to fit around her two young children, meaning she can work around school drop off […]
Public relations is very important for every business. However, in small tech companies that work with a limited budget, the need for strategic and budget-friendly PR becomes even more crucial. In today’s highly competitive world, managing PR well can greatly affect brand visibility and trustworthiness, which are key factors in achieving business success. In this […]
