Amazon employees across the UK will help community groups to address issues from climate change and educational inequality, to food insecurity and disaster relief. Amazon employees are getting together for Global Month of Volunteering, an initiative that aims to help the communities where they live and work. Throughout September, tens of thousands of Amazon employees […]
House prices fell at their fastest rate since the financial crisis in August, according to the latest house price index from Halifax, the UK’s largest mortgage lender. Prices dropped by 4.6 per cent last month compared with the same month a year ago. That is the biggest year-on-year drop that Halifax has recorded since summer […]
The governor of the Bank of England yesterday cast doubt on the need for further interest rate rises, sending the pound to a three-month low. Andrew Bailey hinted that the Bank of England is through with lifting interest rates and stressed inflation was on course for a “marked” decline. Responding to questions from MPs on […]
The UK Export Finance (UKEF) and Nippon Export and Investment Insurance (NEXI) MoU sets out revised terms of cooperation which support ambitions for sustainable development outlined in the Hiroshima Accord, G7 Partnership for Global Infrastructure Investment (PGII) and UN Sustainable Development Goals. With a focus on export credit policy and co-investment projects, continued partnership between […]
The Port of Dover wants to build out into the sea to avoid delays when the EU’s planned biometric border controls system starts. The Port’s boss, Doug Bannister, said reclaiming some land would create more space to process passengers. He has previously warned the new system could cause long queues. The new controls, known as […]
Discount chain B&M has agreed to buy dozens of shops from the collapsed retailer Wilko, as talks over a bigger rescue deal hang in the balance. B&M said it will take on up to 51 of Wilko’s 400 stores in a deal worth £13m. Wilko fell into administration in August as it struggled with sharp […]
Jeremy Hunt will set out his Autumn Statement on November 22, the Chancellor has told MPs. He has commissioned an Office for Budget Responsibility forecast, which will be presented alongside the statement. The Prime Minister and Chancellor have spent recent months promising to halve inflation, amid a series of Bank of England interest rate rises […]
Royal Mail is hoping to end Saturday letter deliveries after the postal regulator called for evidence on how its services might change as the popularity of paper post continues to fall. Ofcom, which has previously estimated Royal Mail could save up to £225m annually by dropping Saturday delivery and conducted research that found consumers were […]
The government is in advanced talks with the country’s largest steel producer, Tata Steel, over a £500m package to secure its long-term future in the UK, according to reports. Funding would be pumped into the Port Talbot steelworks in south Wales alongside £700m from the firm’s Indian parent company, Tata Group, Sky News said. Under […]
In recent times, UK businesses have exhibited the highest level of confidence since before the Russian invasion of Ukraine, according to a new survey. The most recent survey by Lloyds Bank reflects an unexpected surge in business confidence. The Business Barometer measure of confidence leaped by 10 points in August, hitting a score of 41%. […]