Category: News

Jun 30

Business confidence plummets in June

The IoD Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, fell to -31 in June 2023, down from -6 in May, wiping out the improvements recorded since the beginning of the year. The reasons for the drop are greater concerns around inflation and, separately, falling customer demand in […]
Jun 30

FCA issues warning to banks over ‘greenwashing’ in sustainable loan market

Industry watchdog The Financial Conduct Authority (FCA) has written to banks that lend to UK companies to warn them about “greenwashing” and “conflicts of interest” in the sustainable loans market. The rising popularity of deals that link borrowing costs to sustainability targets has prompted fears that banks and high-emitting companies use these to enhance their […]
Jun 29

£5M fund to drive SME export growth unveiled by Institute of Export & International Trade

The Institute of Export & International Trade has launched a £5m Export Support Programme to help UK businesses accelerate their journey into international trade. The announcement also coincides with the United Nations’ World MSME (micro, small and medium sized enterprises) Day and aligns with the theme ‘building a stronger future together’. Marco Forgione, Director General […]
Jun 29

Government invests £80 Million in UK Businesses in drive to Net-Zero Ambitions

The Government has injected £80 million into UK Businesses to revolutionise their industry with cleaner energy sources – such as hydrogen and biomass. The funding is part of a £1 billion drive to support state-of-the-art clean climate technologies, and is available to a range of businesses, from cereal-making to whisky distillery. Breakfast giant, Kellogg’s, is […]