Food prices in the UK have soared at their fastest rate for almost 45 years, with grocery prices rising by 19.1% in the year to April. “I know people are paying more for their bag of potatoes or bag of carrots, but it’s not because we want more money,” said Pembrokeshire potatoe farmer Tessa Elliot […]
Independent restaurant owners across London can apply for a share of almost £70,000 to help grow their business through an American Express-supported grant programme, run by the International Downtown Association (IDA) Foundation in partnership with the Association of Town & City Management (ATCM). Now in its second year, the global Backing International Small Restaurants programme […]
There are signs of confidence returning to the UK’s 5.5m small and medium-sized businesses and the lending market they rely on according to iwoca. The new research, carried out with over one hundred SME finance brokers who collectively submitted over 2,500 SME finance applications in March, reveals that worries about a recession are at their […]
Glasgow-based agency This is Milk, founded by entrepreneur Angela Prentner-Smith announces rapid growth and restructuring for its team. In under 12 months, This is Milk has more than doubled the size of its team from a core body of 11 to 26 members, 17 permanent and nine consultants. This expeditious growth took place over the […]
Honda is to return to Formula 1 in a formal capacity in 2026 as engine partner for the Aston Martin team. The company officially pulled out of F1 at the end of 2021 but its engines are still used by the two Red Bull teams and are called Hondas again in 2023. Honda said on […]
Retailers are “losing” up to £31.5 billion in online sales each year because of delivery-related “frustrations” when customers come to pay, research shows. A report to be published this week has found that 24.8 per cent of attempted online purchases are abandoned by shoppers because of poor delivery choices, high delivery fees and slow delivery […]
Start-up founders who create a psychologically safe space for their employees are more likely to see their start-up scale quicker, according to new research. The researchers found that employees are more likely to give honest feedback on the company in order to help it grow if they feel they work in a company that has […]
The average UK side hustle generates a whopping £22,900 a year in supplemental income for entrepreneurs, new data has revealed. While side hustles that provide services or manual jobs continue to thrive, e-commerce has been at the heart of this success, with online side hustles generating £21,400 a year on average. Research conducted by GoDaddy […]
Jeremy Hunt and Rishi Sunak’s corporation tax hike is poised to squeeze the UK economy by mothballing investment, new figures out today show. Nearly half of all mid-sized companies intend to shelve big spending projects due to the Chancellor and Prime Minister snatching a greater share of company profits, according to consultancy BDO. Last month, […]
Canary Wharf Group and The Felix Project, a food redistribution charity have agreed a long-term partnership that will see them join forces to tackle food poverty in London. The two organisations aim to deliver long term social impact while prioritising sustainability as they tackle this urgent issue, which sees around 400,000 children in the capital […]