Category: In Business

Dec 10

Myenergi calls for local businesses to celebrate what makes Grimsby great

With Grimsby making headline news earlier this week as the ‘worklessness’ capital of Britain, Stallingborough-based renewable energy tech manufacturer myenergi is calling for local businesses to stand up to the criticism, champion the region and celebrate the thriving community that makes the town great. While the publicity may paint a bleak picture, co-founder Jordan Brompton […]
Dec 9

Car finance crisis set to cost billions and dent investor confidence, warns Lloyds boss

The deepening car finance crisis could deliver a major blow to Britain’s economic prospects, according to the head of the country’s largest retail bank. Charlie Nunn, chief executive of Lloyds Bank, warned that uncertainty caused by recent court rulings was undermining investor confidence and risking a multi-billion-pound claims storm reminiscent of the PPI scandal. Mr […]
Dec 6

UK SMEs focus on growth initiatives for 2025 amid optimistic outlook

More than 80% of UK small businesses are planning growth-focused initiatives for 2025, reflecting increased optimism as enterprises report a two-year high in growth projections, according to a Novuna Business Finance study. Key areas of focus include boosting new business sales (43%) and reducing fixed costs (24%). Diversifying business models and developing new products or […]
Dec 2

Government-backed council to champion ‘unsung’ mid-sized businesses

A government-supported group is being established to represent the UK’s mid-sized businesses, often overlooked despite their significant contribution to the economy. According to a NatWest report, these “unsung” firms could add an additional £115 billion to the UK economy by 2030 with the right support, driving growth particularly in regions outside London and the southeast. […]
Dec 2

Alibaba.com backs athlete365 business accelerator to empower olympic athletes

In a significant move to bridge the gap between elite sports and entrepreneurship, the International Olympic Committee (IOC) has partnered with Alibaba.com to launch the fourth edition of the Athlete365 Business Accelerator programme. The initiative aims to equip current and former Olympians with the skills and resources needed to transition into successful business ventures. The […]
Nov 29

Gail’s chairman warns Labour’s workers’ rights plans may threaten businesses

Luke Johnson, the chairman of Gail’s bakery chain and a prominent entrepreneur, has warned that some of his businesses “might not survive” under Labour’s proposed workers’ rights reforms. Speaking to the Employment Rights Bill committee, Johnson expressed concerns over the additional costs and complexities that the legislation could impose on small and medium-sized enterprises (SMEs). […]
Nov 28

Trade figures reveal UK’s challenge to boost economic growth

The UK government is committed to kickstarting the nation’s economic growth, but recently released trade figures from HM Revenue & Customs (HMRC) indicate a substantial journey ahead, according to leading audit, tax, and business advisory firm Blick Rothenberg. Simon Sutcliffe, Customs & Excise Duty Partner at the firm, commented: “Trade statistics for 2023, published by […]