The Government has proposed new measures to tackle the issue of late payments to small businesses by larger companies who abuse their position in the market. Read more…
According to figures from the Institute for Fiscal Studies (IFS), earnings for UK workers are still lower than they were in 2008, having failed to recover in the decade since the financial crisis, with millennials the hardest hit. Read more…
According to data from Barclaycard, people in the UK have continued to splash the cash this summer, with consumer spending up 4.5 per cent in August compared to the previous year. Read more…
Growth in the UK’s service sector hit an eight-month high in June, indicating that the UK economy is beginning to ‘pick up speed’. Read more…
In a surprise move, the UK’s economic growth has been revised upwards for the first quarter (Q1) of 2018. Read more…
The number of debit card payments made in the UK overtook the use of cash in 2017, a new report has revealed. Read more…
UK inflation remained at a one-year low of 2.4 per cent in May, despite many economists predicting a rise to 2.6 per cent following a surge in the cost of global oil prices. Read more…
Business owners are more confident in the future of the British economy than they have been in the past five months, according to new research. Lloyds Bank, which published the report, found that
Brexit will have double the impact on the north of England compared to the south, according to new research. Thinktank IPPR North, which published the report, said leaving the European Union will have
The Confederation of British Industry (CBI) has called on the Chancellor, Philip Hammond, to address the UK’s “productivity problem” by using this week’s Autumn Budget announcements to extend greater support to British manufacturers.