News for: General Business News

Trade negotiations with the Gulf Cooperation Council (GCC) have launched, representing £33.1 billion of trade between the UK and GCC member states: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The GCC bloc of nations when combined is the UK's seventh largest trading … [Read more...]

Latest inflation data has seen the Consumer Price Index (CPI) hit a new high of 9.1% in May, a further 0.1 percentage point increase on April's record figure, the Office of National Statistics (ONS) has revealed. The latest data shows continued pressure on consumer spending, driven by increased … [Read more...]

The government has set out its plans to reform data protection rules following the UK's exit from the EU, promising to protect consumers while creating opportunities to boost business through innovation. The Data Reform Bill, set out in this year's Queen's Speech aims to bolster data protection … [Read more...]

The UK government has set out its intention to reform the Consumer Credit Act for the first time and update the rules for how people access credit. The Act has been in force since 1974 and sets out the rules for consumers and finance providers for loans, credit card purchases, and other finance. … [Read more...]

The UK's economic output fell 0.3% during April, the Office of National Statistics (ONS) has revealed in its latest Gross Domestic Product (GDP) data. While GDP saw small declines in March and April 2022, the ONS also reported that the economy had grown overall by 0.2% in the three months to … [Read more...]

From June 15th, new rules will come into effect mandating new homes and commercial buildings such as offices and supermarkets to be constructed with EV chargers in place. The new rules aim to make it easier for people to charge their electric vehicles either at home, work or while out shopping to … [Read more...]

Inflation and action on energy prices are the top financial headlines in June as Stockport accountancy firm, Hallidays, share their run down of the key stories for business this month. Chancellor announces windfall tax on energy firmsChancellor Rishi Sunak will impose a windfall tax on energy … [Read more...]

The majority of medium-sized businesses in the North-west have returned to trading at pre-pandemic revenues, according to research by business advisory group BDO. After seeing sales fall sharply two years ago, analysis by BDO finds half are performing at the same level as before the pandemic, … [Read more...]