News for: General Business News

Homes England has partnered with Newstead Capital to support SME housebuilders with a new long-term development finance fund. Homes England, alongside Greater Manchester Pension Fund, clients of listed wealth manager Mattioli Woods and other private institutional investors, have committed £80m to … [Read more...]

The Bank of England's Monetary Policy Committee has voted to raise base interest rates by 0.5 percentage points to 2.25%. Interest rates now stand at their highest level since the November 2008 during the global financial crisis, although remain well below the double figure rates seen throughout … [Read more...]

Corporate insolvencies rose 5.5% in August on the previous month's figures, according to the government's latest statistics published on 16th September. 1,933 registered company insolvencies were recorded last month by the Insolvency Service, a rise of over 40% on both last August's figures, and … [Read more...]

The Defence and Security Accelerator (DASA) has launched a new competition offering £750,000 funding for concepts, technologies, or ideas that may disrupt the future of defence. The themed competition, Disruptive Science and Technology Impacting the Future of Defence, is being run on behalf of … [Read more...]

The August Consumer Price Index (CPI) has recorded a 0.2 percentage point dip in the annual rate of inflation on the previous month's record high. The latest ONS data reveals inflation remains high, but dipped slightly to 9.9% year-on-year price growth. The downward pressure on prices was largely … [Read more...]

Monday, 19th September 2022 has been confirmed as the date set for the State Funeral of Her Majesty Queen Elizabeth II and the government has announced it will be a national Bank Holiday. The State Funeral will mark the end of the official mourning period following Her Majesty's death. The … [Read more...]

Prime Minister Liz Truss has unveiled new proposals to curb both domestic and commercial energy bills. In an address to Parliament this morning (8th September), the newly appointed Prime Minister announced proposals to cap domestic energy bills from 1st October at £2,500 for a typical household … [Read more...]

Following her appointment as Prime Minister and Leader of the Conservative Party, Liz Truss has begun appointing her new Cabinet and other Ministers. In her first speech since assuming office, the new Prime Minister set out three key priorities for the start of her premiership: economic growth, … [Read more...]