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Business News

UK inflation rate falls to 1.5%

The UK rate of inflation fell to 1.5% in March, data published by the Office for National Statistics (ONS) has revealed. The data showed that the Consumer Prices Index (CPI)…

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23/04/2020
Business News

BCC finds significant number of UK businesses have furloughed employees

A survey conducted by the British Chambers of Commerce (BCC) has found that over 70% of responding businesses have furloughed a proportion of their workforce. Data from the BCC's latest…

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23/04/2020
Business News

Government borrowing could reach £300 billion, according to think tank

Think tank the Centre for Policy Studies (CPS) has suggested that government borrowing could hit £300 billion in 2020 as a result of the coronavirus (COVID-19) pandemic. The think tank…

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22/04/2020
Business News

Coronavirus pandemic ‘has already cost SMEs £277,000 each’, research suggests

Research carried out by online marketplace Fiverr has suggested that the coronavirus (COVID-19) pandemic has already cost UK small and medium-sized enterprises (SMEs) £277,893 each. The research was collected by…

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22/04/2020
Business News

Government unveils support package for innovative businesses affected by coronavirus

The government has unveiled a billion pound support package for innovative businesses affected by the coronavirus (COVID-19). The 'targeted and tailored help' provided by the package will help ensure firms…

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21/04/2020
Business News

Survey reveals quarter of UK businesses have temporarily suspended trading

A survey carried out by the Office for National Statistics (ONS) has revealed that a quarter of UK businesses have temporarily suspended trading as a result of the coronavirus (COVID-19)…

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21/04/2020
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