UK manufacturers are set to benefit from a new data innovation hub to support SMEs to improve their productivity. The £50 million Smart Manufacturing Data Hub (SMDH) has been announced by Industry Minister Lee Rowley and will be led by Ulster University as part of the Made Smarter programme to … [Read more...]
News for: General Business News
New government app launched to counter fake online profiles
A new has been launched by the UK's Centre for the Protection of National Infrastructure (CPNI) to help users identify fake profiles on social media and professional networking sites. Part of the CPNI's wider 'Think Before You Link' campaign, the app aims to make it easier for users to spot fake … [Read more...]
National vacancy figures mask regional disparities in jobs market
The Local Government Association (LGA), representing councils across England, has called for more powers to be devolved to local authorities after new research highlights the varied regional factors affecting the jobs market in different parts of the country. While national data has show strong … [Read more...]
HSBC launches $1 billion fund to support female entrepreneurs
Global banking group, HSBC, has announced it will launch a $1 billion fund (around £820 million) to help improve access to finance for female entrepreneurs worldwide. The funding aims to support female-led businesses and start-ups access the finance needed to grow: as of 2019, female … [Read more...]
Green Jobs Delivery Group holds inaugural meeting
The UK's first body dedicated to the creation of new jobs in the green economy held its first meeting on 11 May 2022, bringing together government, business, trade unions and academia. Chaired by Energy Minister, Greg Hands, the Green Jobs Delivery Group is tasked with supporting the creation of … [Read more...]
Library services, museums and other cultural venues invited to register interest to receive share of £128 million support
Cultural venues including museums, galleries and public libraries are being invited to register their interest ahead of the release of £128 million government funding. The funding follows a previous allocation of £48 million to 60 organisations nationwide that helps to improve accessibility to … [Read more...]
Hallidays shares top financial news stories in May
Stockport accountancy firm Hallidays share their round-up of the financial stories this May, including the latest action by HMRC on Covid grant overpayments and tax avoidance schemes. HMRC starts chasing up SEISS overpaymentsHMRC has started to recover overpayments of Self-employment Income … [Read more...]
Bank of England raises interest rates to 1% and warn of 10% inflation by the end of year
The Bank of England has announced a further increase in its base interest rates and issued a stark warning on the UK economy in the near-future. Interest rates have increased by a further 0.25 percentage points to 1%, the highest level since 2009 at the height of the global financial crisis. The … [Read more...]
Ofqual sets out ambitions for the future of technical and academic qualifications
Exams and qualifications regulator, Ofqual, has unveiled a new 3-year plan, setting out the organisation's ambitions for the future of apprenticeships, technical and academic qualifications. Plans set out by the regular look to put the interests students and apprentices at the centre of its work … [Read more...]
Tech sector invited to share views on how to improve security in apps market
Contributions from the tech and digital sector are being invited to inform proposals to toughen security and privacy standards for apps for smartphones, TVs, games consoles and other internet-enabled devices. The government's call for views follows a recent report from the National Cyber Security … [Read more...]
North West profit warnings more than triple year-on-year in first quarter of 2022
Listed businesses in the North West issued 15 profit warnings in the first quarter of 2022, more than triple the number from January to March 2021, according to the latest data from the EY-Parthenon Profit Warnings Report. The region's businesses have cited supply chain disruption (36%) and … [Read more...]
Skills Bill to update post-16 education and training becomes law
A new bill has been passed to update and transform post-16 education and adult skills training in England. The Skills and Post-16 Education Act aims to promote training in sectors with skills gaps, including health and social care, engineering, digital, green energy and manufacturing. Included … [Read more...]
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