Firms that innovate can seize growth opportunities
1 day ago · As look ahead to the new year, there are going to be many challenges facing the businesses here in the UK. Not only will they be dealing with some of the financial challenges brought about by the UK Government’s policy towards taxes and the workplace, entrepreneurs and small businesses will also face a rapidly changing landscape shaped by technological advancements, shifting consumer ...
Business Live - UK Business news, analysis & Thought Leadership
Get the latest news, in-depth analysis and advice on all business across the UK. Including live blogs, video and more from the BusinessLive team.
Utilita Energy owner warns of profit hit as bills rise
2 days ago · Luxion Group, which owns Utilita Energy, said its resources “continue to be stretched” despite its pre-tax profit increasing from £31.2m to £43m in the year to 31 March, 2024
UK economy's rollercoaster year: From rapid growth to recession …
3 days ago · Analysing the UK's economic trajectory in 2024 has proven to be complex. At the year's outset, a consensus among forecasters suggested another stagnant year for the UK. "Expectations were bleak coming into 2024," commented Sanjay Raja, Deutsche Bank's chief UK economist. "External forecasters were ...
Massive job cuts and store closures expected in UK retail as …
4 days ago · Over 200,000 retail jobs and more than 17,000 stores are predicted to vanish next year as the sector's decade-long crisis persists, warns a leading retail body. The Centre for Retail Research (CRR) attributes this ongoing issue to online shopping, lingering effects of Covid-19, and high taxes, exacerbating a problem that originated with the financial crisis in 2008.
UK retail and hospitality sectors brace for insolvency spike post ...
6 days ago · Insolvencies and restructuring could rise further over the start of 2025 as firms face increased cost pressures, industry experts have said, with the retail, hospitality and care sectors likely to feel the brunt of rising energy prices and a hefty tax bill
UK business outlook for 2025 is much brighter than the end of 2024
5 days ago · UK businesses are bucking the trend of negative sentiment that has characterised much of the year, with an anticipated upturn in 2025. According to new findings from the Lloyds Business Barometer, more UK firms are optimistic about a stronger start to 2025 compared to their outlook at the beginning of 2024.
Live updates as Chancellor Rachel Reeves delivers Budget 2024
Oct 30, 2024 · A1 dualling plans scrapped. There has been hope from campaigners for decades that the A1 would be dualled up to the Scottish border. But after decades of setbacks and broken promises, residents living north of Morpeth are still waiting for a firm answer on whether the work will ever actually be given the green light as successive Governments have failed to deliver.
We cannot grow the economy by just taxing businesses
Dec 27, 2024 · As 2024 draws to a close, it is clear that the UK economy finds itself at a critical crossroads, with businesses bracing for what many fear will be a sharp downturn in activity due to a combination of domestic fiscal pressures and international uncertainties. Indeed, some have even suggested that ...
West Midlands - Business news, local news, expert opinion
The latest business news from across the West Midlands including Birmingham, the Black Country, Coventry and Solihull. The region's biggest employers include Aston Martin, Birmingham Airport, Jaguar Land Rover, JCB, HS2, HSBC UK and NEC Group. Never miss a story - click here to sign up to our free email updates - and follow our …