Thursday 13 May, 2021
Edition: English (UK)
Times Publications
Category Archives: UK TRADE AND BUISNESS

Credit company Provident Financial has announced it is withdrawing from doorstep lending after 140 years. The company blamed “changing industry and regulatory dynamics” as well as “shifting customer preferences”. Ending...

Cultural and creative businesses to be encouraged to take up residence as Square Mile adapts to new ways of working.  According to Guardian news the City of London is planning to create at least 1,500 new homes by repurposing offices and other...

Businesses should help “level up” the UK by investing away from London and the south-east, but there is no “quick fix” to persuade firms to relocate to the poorest parts of the UK, such as Blackpool or Blackburn, the head of the CBI...

The Office for National Statistics said Tuesday that the expansion was led by a 1.3% increase in manufacturing output and a 1.6% boost in construction as most nonessential shops remained closed due to a nationwide lockdown.  The U.K. economy...

Brexit has been a disaster for Britain as collapsing European trade puts UK firms out of business The UK government promised that Brexit would liberate Britain from European trading regulations and herald a bright new era for Britain on the...

Sterling slipped to its lowest against the dollar in almost seven weeks on Wednesday after data showed a surprise decline in inflation in Britain in February. Reuters reports The pound was down 0.3% to $1.3718 at 0940 GMT, after falling to its...

The energy regulator has revealed a crackdown on household suppliers to prevent them hoarding credit balances for customers who pay by direct debit. Ofgem’s examination of the issue, a bugbear of many bill-payers, found that £1.4bn...

The online pharmacist has hired bankers after seeing sales surge during the pandemic, according to Sky News reports An online chemist which has become the NHS’s biggest repeat prescription service is plotting a sale that could reap handsome...

Everything you need to know as the chancellor has delivered a budget dominated by the battle to recover from the COVID-19 crisis. Chancellor says Covid has ‘hit economy hard’ as he unveils tax changes, furlough details and initiatives to...

British Airways owner IAG has called for digital health passes “to reopen our skies safely” as it posted a record loss for 2020 due to Covid disruption. By BBC  Business News IAG posted an operating loss of €7.4bn (£6.5bn)...