Maria Bryceland is putting corporate culture on the map with the launch of a new Macclesfield-based consultancy business. Many organisations of all sizes have struggled to maintain a positive culture due to hybrid working because of the pandemic. The new corporate culture consultancy and … [Read more...]
News for: General Business
Prime Minister announces resignation, with successor expected to be named by October 28th
Prime Minister Liz Truss has resigned from the post, with the Conservative Party expected to announce her replacement in an accelerated process to conclude by 28th October at the latest. Liz Truss made the announcement at 1.30pm on 20th October outside 10 Downing Street, where she announced her … [Read more...]
Government support with business and domestic energy bills begins
Schemes to support both businesses and households with rising energy bills have come into effect from 1st October. Businesses, charities and public sector organisations will be protected through the Government’s Energy Bill Relief Scheme from October, with all businesses who have entered into a … [Read more...]
Cheshire East Council financial forecast warns of £12 million overspend due to inflation and rising social care demand
Cheshire East Council has published first quarter financial review of 2022/23 with a start forecast that due to inflation and rising demand for social care services could see an additional £12 million spend above the agreed budget. The council's forecast echoes the comments of national bodies … [Read more...]
Chancellor announces series of tax cuts in plan to target 2.5%
Chancellor Kwasi Kwarteng has unveiled a series of major tax cuts for individuals and businesses with the announcement of his Growth Plan. In a series of announcements heralded as a ‘mini-budget’, the Chancellor has set out his ambitions for reaching 2.5% growth and to secure sustainable funding … [Read more...]
Government outlines plans to cut business energy bills
Following an announcement earlier this month, Prime Minister Liz Truss has announced further details of plans to protect businesses from rising energy bills. Coming into effect from October 1st, the Energy Bill Relief Scheme will cap non-domestic electricity and gas unit prices will be capped at … [Read more...]
August inflation dips slightly to 9.9%
The Office for National Statistics' (ONS) Consumer Price Index (CPI) has recorded a 0.2 percentage point dip in August in the annual rate of inflation on the previous month’s high. The latest ONS data reveals inflation remains high, but dipped slightly to 9.9% year-on-year price growth, down on … [Read more...]
Prime Minister announces plans to cap household and business energy bills
Prime Minister Liz Truss has unveiled new proposals to curb both domestic and commercial energy bills. In an address to Parliament on 8th September, the newly appointed Prime Minister announced proposals to cap domestic energy bills from 1st October at £2,500 for a typical household for the next … [Read more...]
UK SMEs to bolster employee numbers following promising start to 2022
Two in five of small and medium-sized businesses in the UK plan to hire, on average, six new employees before the end of March, following a promising start to the year, according to the latest quarterly Barclaycard Payments SME Barometer The news comes as 56.2% of SMEs reported a rise in earnings … [Read more...]
Inflation exceeds 10% for first time since 1980s
The latest ONS Consumer Price Index (CPI) has seen inflation hit 10.1% in July, the first time the measure has hit double figures since 1982 according to historic estimates. The rise in the CPI, which indicates year-on-year increases in price, reflected price rises across all parts of the … [Read more...]
NatWest warns of growing strain on North-west economy despite rise in activity in July PMI
NatWest's July Purchasing Manager’s Index (PMI) has revealed a modest rise in activity but the high street bank has warned that uncertainty and high inflation are putting an increasing strain on the North-west economy. North West Business Activity Index figures above 50 indicate economic growth … [Read more...]
Sixth consecutive rise brings interest rate to 1.75%
The Bank of England’s Monetary Policy Committee has again agreed to increase the base interest rate to 1.75%, its sixth rise since December 2021. Economists at the Bank of England voted 8-1 in favour of the 0.5 percentage point increase, putting rates at their highest since January 2009 at the … [Read more...]