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Business News

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Business News

Inflation takes its toll as UK economy contracts in March

The UK economy contracted by 0.1% in March as surging inflation took a toll on demand, according to the latest figures from the Office for National Statistics (ONS). The monthly…

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12/05/2022
Business News

New law to protect access to cash announced in Queen’s Speech

New laws to protect access to cash and help victims of financial scams were announced in the Queen's Speech at the state opening of parliament on 10 May. The new…

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11/05/2022
Business News

Shoppers slow spending as consumer confidence dips

The soaring cost of living has seen consumers slowdown spending, according to the latest retail monitoring report from BRC-KPMG. Data showed total sales fell 0.3% in April - the first…

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10/05/2022
Business News

FSB finds one in three business owners suffered COVID-related mental health decline

Research carried out by the Federation of Small Businesses (FSB) has found that 34% of small business owners had their mental health adversely impacted by the coronavirus (COVID-19) pandemic. The…

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09/05/2022
Business News

Bank of England warns UK economy to shrink as interest rates rise

The Bank of England has warned that the UK economy will shrink this year as it raised interest rates to try to stem the pace of rising prices. Rates rose…

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06/05/2022
Business News

Drop online passwords to foil hackers

Both business and personal users need to 'drop passwords altogether' and move to other technology to protect private information from hackers, a cybersecurity expert has said. Passwords are 'becoming increasingly…

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05/05/2022
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