UK SMEs selling their goods and services around the world are being invited to enter the Department for Business and Trade’s (DBT) Made in the UK, Sold to the World Awards. The annual awards are open to enter for SMEs until the 9th March, and this year feature two new categories and an expanded … [Read more...]
News for: General Business News
New Year brings increased business optimism, finds Lloyds Business Barometer
Businesses in the North West have entered the New Year with increased optimism in their prospects and the wider economic picture, according to the findings of Lloyds Bank's Business Barometer survey. Published at the end of December 2024, the high street bank found businesses nationwide had … [Read more...]
5.4 million still to file Self Assessment tax returns
HMRC is reminding the 5.4 millon Self Assessment taxpayers who have not yet filed a return for the 2023-24 tax year to do so before the 31st January 2025. Anyone required to file a tax return for the 2023 to 2024 tax year who misses the 31 January 2025 deadline could face an initial late filing … [Read more...]
Christmas sales and footfall data reveal mixed outlook for retail sector in 2025
Retail footfall and sales figures for the December and the festive season have revealed a mixed outlook for the sector for 2025. With household spending continuing to the be squeezed, discount supermarkets Aldi and Lidl have both announced record breaking Christmas performance. Aldi saw a 3.4% … [Read more...]
Bank of England holds base rate at 4.75%
The Bank of England's Monetary Policy Committee (MPC) has voted to maintain the bank's base interest rate at 4.75%. The decision follows inflation data published by the Office of National Statistics (ONS) revealing a second consecutive rise in the Consumer Price Index to 2.6% in November 2024, … [Read more...]
Inflation rose to 2.6% in November
Inflation rose to 2.6% in November according to the latest Consumer Price Index (CPI) data from the Office of National Statistics (ONS). The increase of 0.3 percentage points on October's inflation data means prices in November at their fastest rate since March, with goods on average 2.6% more … [Read more...]
Eamonn Boylan to step down from New Towns Taskforce
Interim Chair of Stockport Mayoral Development Corporation (MDC), Eamonn Boylan, will step down from his role on the government's New Towns Taskforce, ahead of taking on the interim Chief Executive role at Homes England in January 2025. Boylan, who stepped down this year as Chief Executive at … [Read more...]
Devolution White Paper promises greater powers for regional Mayors
The UK Government has published its English Devolution White Paper, which promises an expansion of powers for regional Mayors. The White Paper sets out plans for regional Mayors, such as already exist in Greater Manchester and other urban areas across the North, to become the standard for local … [Read more...]
Handelsbanken research finds over half of adults don’t have a will in place
Over half (57%) of UK adults don’t have a will in place, including a third (32%) of over-55s, research conducted for Handelsbanken Wealth & Asset Management has revealed, while 18-34-year-olds (79%) were the most likely not to have a will. Findings highlight a critical gap in estate planning … [Read more...]
UK joins Asia-Pacific trade bloc bringing £310 million boost to North West economy
The UK has officially joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement, which is set to boost the UK economy by up to £2 billion a year, with £310 million of gains in the North West. The trade bloc, comprising Canada, Australia, Japan, … [Read more...]
Evaluation of Start Up Loans programme reveals benefits for entrepreneurs
An independent evaluation into the British Business Bank's Start Up Loans programme has found small businesses accessing this funding have higher survival rates. Research conducted by SQW working in partnership with Warwick Business School's Professor Mark Hart, Qa Research and The Data City, … [Read more...]
Small businesses invited to share challenges faced in FSB survey
The Federation of Small Businesses (FSB) has launched its first Small Business Index Survey six weeks since October's Budget. The latest FSB Small Business Index Survey for the final quarter of 2024 will be the first since the October Budget, which was the first to be delivered by a Labour … [Read more...]
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