There seems to be a prevalent belief in the business community that to advance and expand your business, it is essential to have external investment. Raising money, whether through venture capital, seed funding, or angel investment, is taken by many founders to be the default route for growing their companies, but it is certainly not […]
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Business confidence has fallen to a 15-month low as soaring inflation and the associated cost-of-living squeeze pile the pressure on bosses. Corporate sentiment dropped this month to its lowest point since March 2021, when the UK economy was emerging from a second wave of Covid-19, according to a long-running monthly survey by Lloyds Banking Group. […]
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Amazon has bowed to pressure from the United Arab Emirates and restricted search results for LGBTQ+-related products such as books and rainbow-coloured flags on its website in the country. The company decided to restrict the searches after being threatened with penalties by the UAE government, according to the New York Times which first reported the […]
The Bank of England is leaving “all options on the table” including a bigger 50 basis-point interest rate rise to tackle 40-year high inflation, central bank governor Andrew Bailey has warned. Bailey told an audience of global central bankers that rate-setters would leave the door open to more aggressive monetary tightening, despite the gradual pace […]
Students with top A-level grades will be turned away from universities under the most competitive admissions process in living memory, an expert will say today. Lee Elliot Major, professor of social mobility at Exeter University, believes this year will mark the start of a “new tougher era” in the battle for places and warned that […]
Tesco is facing shortages of Heinz baked beans, ketchup and salad cream after a fallout with the US brand over price increases. Heinz has paused supplies of a range of key products over the row, which has already left shelves empty in some stores and items out of stock on Tesco’s website. A Tesco spokesperson […]
Tariffs on steel imports from China and other countries are to be extended for another two years, the UK government has announced, admitting the move risks breaching World Trade Organization (WTO) rules. Anne-Marie Trevelyan, the international trade secretary, said the government was acting in the “public interest” and to protect “thousands” of jobs. She said […]