Business and Energy Secretary Grant Shapps has announced the launch of the ECO+ scheme, a new government initiative to insulate homes and reduce household energy consumption and bills. The £1 billion scheme adds to the £6.6 billion Help to Heat energy programmes to support those not currently … [Read more...]
News for: General Business News
Construction materials availability returns to pre-pandemic levels
The availability and supply of construction products and materials has recovered to its 2019 pre-pandemic levels, according to a report from the Construction Leadership Council (CLC). In the joint Product Availability Statement from John Newcomb, CEO of the Builders Merchants Federation and Peter … [Read more...]
Companies House urges businesses to file accounts online ahead of December deadline
Companies House is urging business owners to ensure their annual accounts are filed on time to avoid any penalties. All limited companies, including dormant companies, are required to submit annual accounts to Companies House each year, whether they trade or not. It’s the directors’ … [Read more...]
210,000 more over 50s in work than last year
Over nine million over 50s are now on the payroll across the UK, amid a government campaign to support more older people back into work. The campaign has created dozens of 50 PLUS Champions across the country who work directly with Jobcentres and employers to address barriers keeping older people … [Read more...]
Major projects helping to ensure stability for UK construction sector, Glenigan finds
Major project starts have helped to maintain sector-wide stability, construction sector monitor Glenigan has revealed in its the November 2022 edition on its Construction Review. The Review focuses on the three months to the end of October 2022, covering all major (>£100M) and underlying … [Read more...]
Christmas workers invited to use HMRC app to share employment details at new jobs
With tens of thousands expected to start seasonal, temporary employment in the run-up to Christmas, HMRC is encouraging people starting new jobs to use their app to share employment and income details with employers. 340,000 are already using the HMRC app to access employment and income … [Read more...]
Chancellor delivers Autumn Statement
Chancellor of the Exchequer Jeremy Hunt has delivered his Autumn Statement, setting out a raft of tax increases and spending cuts in a bid to shore up the UK's public finances. Addressing the House of Commons, Jeremy Hunt set out three priorities of his Autumn Statement: stability, growth and … [Read more...]
Business community reacts to Chancellor’s Autumn Statement
Business leaders from across the North-west and the rest of the UK have shared their reactions to yesterday's Autumn Statement from recently-appointed Chancellor, Jeremy Hunt. In his first Autumn Statement as Chancellor, Jeremy Hunt set out a number of major tax increases and spending cuts across … [Read more...]
Inflation up to 40 year high after October energy price rise
The Office of National Statistics (ONS) has published its October Consumer Price Index (CPI), revealing year-on-year inflation has reached 11.1%, its highest level since 1981. Increases to household electricity and gas bills was the main contributor to rising inflation in October, following the … [Read more...]
Bank of England raises interest rates to 3%
The Bank of England Monetary Policy Committee (MPC) has agreed a 0.75 point rise in interest rates, with the base rate now reaching 3%. The uplift is the eighth consecutive interest rate rise and is the single biggest increase in the Bank of England base rate since 1989. The Bank's economists … [Read more...]
CMA updates guidance for businesses advertising on social media
The Competition and Markets Authority (CMA) has published new guidance to make it easier for consumers to identify paid advertising and endorsements on social media. Working alongside the Advertising Standards Authority (ASA), Ofcom, social media companies and content creators, the CMA has … [Read more...]
Construction output not expected to return to growth until 2024
The construction industry is expected to struggle in the face of challenging macroeconomic conditions through to 2024, according to Glenigan's UK Construction Industry Forecast 2023-2024. The industry monitor is predicting construction output will decline by -2% during 2022 and 2023, before a … [Read more...]
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