Less than 20% of all businesses operating in the UK are run by women and the rate of business start-ups is slowing. This is according to analysis of Companies House data by Prowess, which also reveals that women-led businesses receive just 5.8% of all investment. In our Women in Business series, we speak with women … Read more
Sir Keir Starmer launched the first full-fledged trade mission to India since Theresa May was Prime Minister, bringing 125 British CEOs, entrepreneurs and academic leaders to Mumbai. The Prime Minister flew with dozens of Britain’s most prominent businessmen, including bosses from BA, Barclays, Standard Chartered, BT and Rolls-Royce, for a two-day trip aimed at strengthening … Read more
The former chief of one of the main groups of companies in Great Britain was forbidden to serve as director to “abuse” commercial loans from the COVVI-19 state. The businesswoman nominated by the Anna Doy prizes has 35 years of experience in business consulting councils in the public and private sector and was acting managing … Read more
While Prime Minister Sir Keir Starmer is receding on the planned reductions in disability rights, Paul Kelso discusses the latest developments with Simon French, chief economist and research manager at Panmure Liberum. Paul also speaks to George Lagarias, chief economist of Forvis Mazars, of the way in which bond markets reacted to the U-turn. And … Read more
Cliff Nicholls manages two trampoline parks and indoor play centers: one in Tamworth in the West Midlands, the other in Bolton, Greater Manchester. He already feels pressure from the latest government’s budgetary measures and has been forced to abandon other investment plans. “The national increases in the minimum wage to come in April, combined with … Read more
There was an “unprecedented” increase in the number of companies on the verge of insolvency, according to a closely monitored report. The latest RED Flag Alert report by Begbies Traynor, an insolvency specialist, has shown that the number of people in critical financial difficulty increased by 50 % in the three months preceding December compared … Read more
In a surprising turn of events, the Middleton family, known for their close ties to the British royal family, found themselves facing significant financial difficulties resulting from the collapse of their family business, The Party Pieces Company. Michael and Carole Middleton, the parents of Catherine, Princess of Wales, are reportedly facing mounting debts due to … Read more
Representing one of the world’s largest fast fashion retailers, Shein was unable to answer MPs’ questions about where its cotton comes from. Yinan Zhu, Shein’s general counsel for Europe, Middle East and Africa (EMEA), was asked if the company sells products containing cotton from China, mainly from the Xinjiang region , where China has been … Read more
Prince Andrew, Duke of York, is facing scrutiny after being reported to police for allegedly using a false name to register a business. The 64-year-old prince is accused of operating under the pseudonym “Andrew Inverness” when he set up Naples Gold Limited in 2002, working with sports retail magnate Johan Eliasch. The complaint was filed … Read more
British businesses are heading into the new year in a gloomy mood. New chancellor Rachel ReevesThe increase in employer National Insurance Contributions (NICs) in his autumn budget will increase the cost of employing people, which is likely to impact both hiring and investment. Some sectors face specific challenges: the automotive industry, for example, still grapples … Read more