Surelock Homes, a locksmith business based in Hastings, has been crowned Britain’s Best Small Business Name for 2024. The winning name was selected by the UK public, earning the business a prestigious title and a £2,500 cash prize. Simply Business, a leading provider of small business insurance, launched the competition to celebrate the creativity, originality, […]
According to figures from Retail Economics and GFS, last year saw a 9% increase in “basket abandonment,” amounting to approximately £3 billion in lost sales. Online retailers missed out on £34.4 billion in 2023, with shoppers citing high delivery costs, limited shipping options, and new returns fees as key reasons for scrapping their orders. This […]
More than £6 billion was erased from the London stock market’s energy and water sectors after National Grid revealed plans for a major fundraising effort and fears that an upcoming election might delay energy policy decisions. The FTSE 100 company announced a near-£7 billion rights issue, marking the largest fundraising by a European non-bank entity […]
Trustpilot, the global consumer review platform, has released its latest Transparency Report, highlighting its ongoing efforts to maintain trust between businesses and consumers. The report comes in a year marked by a record 54 million reviews published on the platform, representing a 17% increase from 2022. In 2023, Trustpilot removed 3.3 million fake reviews, consistent […]
Great Portland Estates (GPE) is urging shareholders to support a £350 million fundraising initiative to capitalise on what it sees as the bottoming out of the commercial property market. The funds will be used to acquire and develop more office spaces in London, seizing opportunities to buy quality assets at discounted prices. Over the past […]
The University of Lincoln, UK, has joined a groundbreaking coalition of 17 universities, in support of a £3m international campaign which has been launched this week to drive economic growth in the Midlands. Each year, the University contributes more than £400 million to the local economy and has forged sustainable, long-term relationships with a diverse […]
BT has significantly postponed its plans to switch customers from traditional copper-based landlines to internet-based services, following concerns about the impact on vulnerable individuals. Initially set for completion by the end of 2025, the switch is now delayed until the end of January 2027. The decision comes after several incidents where telecare devices, crucial for […]
Londoners accustomed to seeing their Uber drivers in Toyota Priuses may soon find them driving electric Kias instead as Uber is set to offer more than 35,000 of its London drivers up to £22,000 in grants and discounts to transition from hybrids, diesel, and petrol cars to fully electric vehicles. The app-based taxi service aims […]
In the largest trade delegation from the UK in a decade, Oliver Dowden, the Deputy Prime Minister, led a significant British presence at the Great Futures event in Riyadh, Saudi Arabia. This high-profile event kicked off with a unique performance of “Scotland the Brave” by the Royal Regiment of Scotland, combined with a local flute […]
An independent review, the Lilac review, has highlighted significant challenges faced by disabled entrepreneurs in the UK, identifying inaccessible support services, poor access to finance, and the “burden of proof of disability” as key issues that need addressing. The provisional findings from this government-backed review, launched in February and jointly chaired by Kevin Hollinrake (Minister […]