UK economy flirting with recession amid escalating inflation April 1, 2022 Escalating inflation is threatening to throw the UK economy into dangerously close recession territory, reveals two closely watched surveys. Businesses are struggling under the weight of swelling costs triggered by soaring energy bills, prompting them to launch the quickest price hike cycle on record, according to the British Chambers of Commerce (BCC). Around two in [...]
Jacamo owner N Brown hails momentum amid turnaround plan October 8, 2021 Online fashion group N Brown has hailed positive momentum heading towards the busy Christmas period following the company’s turnaround plan. The Jacamo and JD Williams owner said it has seen early improvements on the back of “restructuring work” after pushing forward with a new strategy last summer in a bid to return to growth. The [...]
FTSE flies as investors bet on global economic recovery August 2, 2021 The FTSE 100 was up by more than a percentage point in early trading amid renewed confidence in the global economic recovery. At 8:40am the flagship index was up 1.04 per cent. Asian markets were up overnight and that confidence appears to have translated to a positive European open. The FTSE 250 was up 1.47 [...]
City’s top economists toast end of plan B Covid-19 curbs January 19, 2022 The City’s top economists today toasted the government’s decision to scrap plan B Covid-19 curbs, hailing the move as a sign that Britain’s economy is getting back to being fully operational. Hope was ignited among experts that the influence Covid-19 and accompanying restrictions on daily life has exerted on the health of the British economy [...]
FSB urge Chancellor to ease pressures on businesses ahead of Spring Statement March 22, 2022 FSB calls on Sunak to cut fuel duty, help micro-businesses with energy bills and increase employment allowance to £5,000.
Pubs lament ‘dreadfully disappointing December’ but toast rebounding January sales January 13, 2022 Pubs and restaurants were knocked back by low trade over the Christmas period, although rebounding sales in recent days have offered a ray of hope for the beleaguered sector. Sales in pubs, restaurants and bars were down 60 per cent on Christmas Day on pre-Covid levels, according to data from UKHospitality and CGA. Transactions were [...]
Delphis Eco – cleaning up but no greenwashing May 4, 2022 For the founder and CEO of Delphis Eco, which supplies UK made, green and sustainable cleaning products, eliminating ‘greenwashing’ is key in not only to saving the planet but helping people to genuinely make a difference. This London-based company, established in 2007 by former banker Mark Jankovich and has been awarded the Queen’s Award for [...]
British firms brace to unleash wave of investment in 2022 January 10, 2022 British businesses are preparing to unleash a wave of investment over the next year, reveals a fresh study published today. A record proportion of finance chiefs at the UK’s top firms are intending on ramping up capital spending in the next 12 months, according to research carried out by consultancy Deloitte. Over one in three [...]
LendInvest benefits from property boom with profits surging December 9, 2021 LendInvest, the tech driven asset manager for property finance in the UK, announced a revenue growth of 28 per cent this morning of £72.4m, compared to the same period last year.
Self-isolation, pre-departure tests scrapped for inbound arrivals to England January 5, 2022 People arriving in England from overseas will no longer need to take a PCR test before their flight or be forced into self-isolation on arrival in a move that will provide sorely needed help to the UK’s travel sector. Boris Johnson today said the measures were no longer needed due to the widespread prevalence of [...]