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News for: General Business

Council agrees budget and priorities for next four years

December 18, 2024

Cheshire and Warrington councils issue joint statement on devolution

The leaders of the three councils covering Cheshire and Warrington have issued a statement indicating their intentions to pursue greater devolution of power to the region. The statement follows publication of the government's English Devolution White Paper, which set out the government's … [Read more...]

nsumer Prices Index saw inflation rise to 5.5% in January

December 18, 2024

Inflation rose to 2.6% in November

Inflation rose to 2.6% in November according to the latest Consumer Price Index (CPI) data from the Office of National Statistics (ONS). The increase of 0.3 percentage points on October’s inflation data means prices in November at their fastest rate since March, with goods on average 2.6% more … [Read more...]

CPI rises 7% as inflation climbs higher

November 20, 2024

Inflation rose to 2.3% in October

October Consumer Price Index (CPI) data from the Office of National Statistics (ONS) has revealed a 0.6 percentage point rise in the rate of inflation. Annual inflation reached 2.3% in October, its highest rate since April, after a sharp rise on the previous month’s figure of 1.7%. While … [Read more...]

Deloitte surveys reveals optimism for 2021 among top CFOs

November 12, 2024

Over half of UK businesses prioritising international trade to drive growth, finds Santander research

Over half (52%) of UK businesses are prioritising international trade in their plans for growth according to research by high street bank, Santander. The bank’s Santander Trade Barometer has recorded a 5% rise in businesses looking to reach new overseas customers as a growth driver compared to in … [Read more...]

November 7, 2024

Bank of England cuts interest rates to 4.75%

The Bank of England’s Monetary Policy Committee (MPC) has voted to cut interest rates by 0.25 percentage points to 4.75%, the second cut of this year. Economists on the MPC voted 8-1 in favour of the cut, with the decision following the ONS’ announcement that CPI inflation fell below the … [Read more...]

Chancellor of the Exchequer, Rachel Reeves

October 31, 2024

Chancellor promises to “rebuild Britain” in first Budget

Chancellor of the Exchequer, Rachel Reeves, presented her first Budget since taking office to the House of Commons on 30th October 2024. The first Budget to ever be delivered by a woman, and the first of a Labour government since 2010, Reeves set out plans to increase day-to-day departmental … [Read more...]

Companies House

October 2, 2024

Companies House implements new non-compliance penalties

Registered companies and their directors are being warned of new penalties being introduced by Companies House for non-compliance with their legal responsibilities. As part of new powers granted to the body in the Economic Crime and Corporate Transparency Act 2023, businesses could face financial … [Read more...]

LSH Auto hosts 'Women in...' networking event at Mercedes-Benz of Stockport

October 2, 2024

LSH Auto hosts networking event ahead of Women of the Year Awards

Mercedes-Benz dealership group, LSH Auto, hosted its third networking event from the organisers of the Women of the Year Awards. The sold-out ‘Women in…’ event, designed to bring together and empower women, attracted more than 70 delegates to Mercedes-Benz of Stockport. Guest speakers included … [Read more...]

Cheshire East Council opens 2021-25 budget consultation

September 4, 2024

Cheshire East Council submits transformation plan to government

Cheshire East Council has submitted its ambitious transformation plan to government as it seeks ensure the borough's financial stability. The plan, approved by the council's corporate policy committee on 21 August, outlines how the council will address the significant challenges it faces, … [Read more...]

Alderley Park to host Covid-19 vaccination centre

August 28, 2024

Female Founders Incubator launches at Alderley Park

The Female Founders Incubator, launched by Bruntwood SciTech to support gender diversity gaps in entrepreuneurships in the tech sector, has expanded to the Alderley Park life sciences and technology campus in Cheshire. Delivered in partnership with Lifted Ventures, the initiative will provide … [Read more...]

Incomes remain outpaced by inflation, finds ONS, despite 7% annual rise in average pay.

August 14, 2024

ONS reveals July rise in inflation

The latest inflation data from the Office of National Statistics (ONS) has revealed the rate of price rises quickened in July for the first time this year. The ONS recorded that its headline measure of inflation, the Consumer Price Index, rose by 2.2% in the 12 months to the July 2024, up from … [Read more...]

August 7, 2024

Bank of England cuts interest rates for first time since March 2020

Economists at the Bank of England have voted in favour of cutting its base rate to 5%, the first cut in interest rates since March 2020. The Monetary Policy Committee voted 5-4 in favour of the 0.25 percentage point cut in interest rates. The decision follows interest rates having been held at … [Read more...]

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