Britain should prepare itself for an economic growth downgrade as the impact of the coronavirus outbreak deepens, the governor of the Bank of England has warned.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Former Barclays bosses cleared of fraud over £4bn Qatar deal
Fraud investigators are facing criticism after three former Barclays executives were cleared over a £4bn investment deal with Qatar during the banking crisis.
Rural Business Award winners announced
Rural businesses from across Britain are celebrating today following last night’s Rural Business Awards ceremony, where Paul Scully MP, Minister for Small Business addressed the shortlisted business attendees.
London firms sending staff home amid coronavirus fears
Three firms in London have now asked staff to work from home as a precaution against coronavirus.
Britain is set to abandon Brexit trade talks in June if progress is not being made
Ministers have said that they will walk away from trade talks with the European Union in June if significant progress has not been made in reaching a deal.
Heathrow expansion ruled unlawful by Court of Appeal
Heathrow Airport’s controversial plans to build a third runway have been thrown into doubt after a court ruling.
Great British Bake Off winner Candice Brown protests outside Parliament over beer duty
Today, British beer drinkers have paid as much in Beer Duty as those in Germany will pay all year, despite the fact that German drinkers consume nearly double the amount annually.
Buy now, pay later ‘growing fast’ amid debt fears
Buy now, pay later services for online shoppers are growing at 39% a year, a report says, despite worries that young consumers are sleepwalking into debt.
Warning of wedding dress shortage in UK as China shuts factories
A shortage of wedding dresses in the UK could be one of the effects of the coronavirus outbreak, MPs have heard.
UK government to unveil post-Brexit trade talks goals
The government is to publish its strategy for post-Brexit trade talks today, as it prepares for formal negotiations with the EU to begin.
New technology could end trains’ wi-fi ‘notspots’
Researchers at Heriot-Watt University have developed a satellite antenna that could end frustration for millions of rail passengers.
Postal workers set to vote on first national strike in a decade
Ballot papers for industrial action that could lead to the first national postal strike in more than a decade will be sent out next week.
Virgin Money and Lloyds Banking Group announce more branch closures and job losses
Virgin Money is to close a quarter of its branch network and is shedding 500 jobs, revealing the cuts on a day when it was reported that Lloyds Banking Group was planning to cut 780 more jobs from its branches.
HSBC set to close 27 more branches across UK this year
HSBC is to close a further 27 branches this year because it “cannot ignore” the changes in the way people are doing their banking.
Farmers say UK would be ‘insane’ to let in chlorinated chicken
Farming leaders have said it would be “insane” to sign a trade deal that allows the import of food that would be illegal to produce in the UK, such as chlorinated chicken.