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...]
News for: General Business News
Business leaders react to new Prime Minister, Liz Truss
Business leaders have shared their reaction to the appointment of Liz Truss as Prime Minister, after winning the ballot to be named Leader of the Conservative Party. Prominent Stockport businessman, Group CEO of musicMagpie, Steve Oliver expressed his hope that a change in Prime Minister would … [Read more...]
Hallidays shares top financial news stories for September
Stockport accountancy firm, Hallidays have outlined new details released for Making Tax Digital for landlords and sole traders, and the latest Ofgem price cap in their September round-up of need-to-know financial news stories. HMRC releases more details MTD for Income TaxHMRC has published more … [Read more...]
Companies House to introduce new WebFiling account
Companies House is to introduce a new WebFiling account to increase functionality and security when businesses manage their records online. The move is the first step enabling a single sign-in across all Companies House services as part of the ongoing digitalisation of government processes. The … [Read more...]
Government agrees £130 million support package to protect bus services
A £130 million support package has been agreed by government to protect local bus services in England as they continue to recover to pre-pandemic passenger numbers. The funding to cover the six months from October 2022 to March 2023 brings the total pandemic support for bus travel over the last … [Read more...]
Small businesses received £21.3 billion in COVID-19 support from local authority grants
Covid-19 grants distributed by local authorities provided small businesses across England with £21.3 billion in business support through the pandemic. A new report into the government's COVID-19 Local Authority Business Support Grants scheme also showed over one-third of all available funding was … [Read more...]
Greater Manchester delegation meets with Avanti West Coast over timetable reduction
A delegation of representatives from Greater Manchester have met with Avanti West Coast management to discuss a way forward after significant timetable reductions by the train operator. Deputy Leader of Manchester City Council, Cllr Luthfur Rahman, the city-region's Transport Commissioner, Vernon … [Read more...]
Inflation exceeds 10% for first time since 1980s
The latest ONS Consumer Price Index (CPI) has seen inflation hit 10.1% in July, the first time the measure has hit double figures since 1982 according to historic estimates. The rise in the CPI, which indicates year-on-year increases in price, reflected price rises across all parts of the … [Read more...]
CMA survey ranks service of British banks
A survey of thousands of individual and small business current account holders commissioned by the Competition and Markets Authority (CMA) has ranked how well retail banks are supporting their customers. Smaller banks and challengers to the traditional major players in British banking topped the … [Read more...]
Government to consider further relief for energy intensive industries
As energy costs continue to rise, the government is consulting of further relief for businesses worst affected, including steel, paper, glass, ceramics, and cement manufacturers. The government is launching a consultation on plans to increase exemptions for certain environmental and policy costs … [Read more...]
BT launches partnership with Barclaycard to expand support for small businesses
Telecoms provider, BT, has announced Barclaycard Payments' has joined its partnership network, aimed at supporting small businesses across the UK. The network, designed for micro-businesses of up to 5 employees, allows BT customers to receive additional perks across broadband, mobile, tech, … [Read more...]
NatWest warns of growing strain on North-west economy despite rise in activity in July PMI
High street bank, NatWest, has warned that uncertainty and high inflation are putting an increasing strain on the North-west economy, despite its July Purchasing Manager's Index (PMI) revealing a modest rise in activity. The monthly PMI survey showed a slight drop in NatWest's headline North West … [Read more...]
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