New data has revealed data showing that SMEs in the UK face costs £10,000 higher than they were during the same period last year. Analysis by Liberis, a pioneer in embedded business finance solutions, utilising Open Banking data, provides a comprehensive view of the UK’s small business sector. The studyContinue Reading
Key figures from the UK’s cyber industry gathered in the Houses of Parliament last night to discuss the challenges posed by cyber threats and the rise of A to UK national security and the economy. Speaking at the Parliament Street think tank’s Cyber summit on Tuesday night, which was hostedContinue Reading
Homeowners can now sell their houses for nothing through Purplebricks as the online estate agent tries to claw back market share it lost over the past couple of chaotic years. The agent, which unlike its more traditional rivals has no high street presence, will value a home, list it onContinue Reading
The holiday season is a time of joy, celebration, and spending quality moments with loved ones. However, it often comes with the stress of managing finances, especially if you haven’t planned ahead. That’s where a foolproof holiday budget becomes your best friend, ensuring that you can enjoy the festivities withoutContinue Reading
Saudi Arabia’s Public Investment Fund (PIF) and the Saudi-backed asset management firm Ardian have signed a £2.4bn deal for the Spanish infrastructure giant Ferrovial’s 25 per cent stake in the airport. One other shareholder is now close to selling, with more likely to follow suit, according to a report inContinue Reading
Annual wages grew 7.3 per cent in the three months to the end of October, a slight fall on the month before and a figure which will give the Bank of England more freedom to hold interest rates later this week. The readout is slightly lower than consensus of 7.4Continue Reading
UK lending for house purchases will fall by 8% in 2024, a trade association representing banks is predicting. In a report, UK Finance said higher interest rates and household costs would make it harder for people to access mortgage credit, which is based on affordability. It predicted this trend wouldContinue Reading
Just two per cent of Covid fraud tip-offs are being investigated, the government has admitted. Around 98 per cent of claims phoned into the government’s coronavirus fraud hotline are not being actively pursued, ministers have said. A total of 5124 calls were made to the hotline during its existence –Continue Reading
The phasing out of fossil fuels has been dropped from the UN’s COP28 climate summit draft agreement. The text, which has to be agreed between 197 countries, states a global effort is needed to “enhance efforts towards substitution of unabated fossil fuels.” This in addition to “reducing both consumption andContinue Reading
Jeremy Hunt could have another £11billion for tax cuts before the election, according to a new analysis. Estimates from Capital Economics suggested that falling debt servicing costs and optimism on interest rates have gifted the Chancellor a windfall. Ruth Gregory, the deputy chief economist, said that over the past fortnightContinue Reading
