Train passengers are facing more disruption, with only 20% of services set to run due to strike action.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
STEM skills shortage continues to hit UK businesses
The boss of engineering and technology recruiter Gattaca has said the UK’s current shortage of STEM skills is continuing to hit firms.
Ofgem director Christine Farnish quits in protest over energy price cap
A director of Ofgem has quit in protest at its decision to add hundreds of pounds to household bills this winter by changing the way it calculates the energy price cap.
Ofgem threatened with legal action if it doesn’t protect customers from soaring energy bills
Energy regulator Ofgem has been threatened with legal action if it fails to protect vulnerable customers from soaring energy bills.
UK to launch dispute proceedings against EU this week for breaking Brexit trade deal
The British government is planning to launch formal dispute proceedings against the European Union as soon as this week.
Harrods threatens to become first major employer to use agency staff as strikebreakers
The staffing agency industry’s trade body has hit out at Harrods after the luxury department store threatened to take advantage of new laws allowing it to break strikes using temporary workers.
Number of company administrations set to rise this year
More UK companies are set to enter administration this year than last year, analysts have warned.
UK told it must lift digital trade barriers
Digital trade barriers risk fragmenting the world into regional and national “splinternets” unless governments agree on a shared approach to data regulation and transfers.
Gambling giant Entain could lose UK licence amid record £17m fine
Entain, the gambling firm behind Ladbrokes and Coral, could lose its licence to operate in the UK after it was told to pay a record £17m settlement over its inaction as individual customers spent hundreds of thousands of pounds.
Supply fears push up gas prices to record level
Power and gas prices for Britain this winter hit new record highs yesterday as Europe’s energy crisis deepened, threatening to push annual household bills to £5,500 next year.
Six Scottish startups showcased at Virgin Hotels Edinburgh
Six Scottish start-up businesses have secured a place in The Curiosity Shop, a new space at Virgin Hotels Edinburgh, dedicated to showcasing sustainable Scottish businesses.
Google searches for solar panels increase by 300 per cent as cost of living and energy crises hit
Google searches for solar panels have rocketed by more than 300 per cent this year, with the cost of living and energy crises hitting hard.
UK launches post-Brexit trade scheme for 65 developing countries extending tariff cuts
The UK has launched its post-Brexit scheme to support trade with developing countries, extending tariff cuts to hundreds of products.
Hospitality firms plead for energy bill support to survive ‘dire’ situation worse than pandemic
A host of hospitality and small business bodies yesterday warned that many pubs, restaurants and hotels will not survive the “onslaught” of higher energy costs in the coming months.
Economists forecast another 0.5-point rate rise next month
The Bank of England will announce another interest rate rise of half a percentage point next month and inflation will peak at 11.4 per cent this year, experts have predicted.