Nov 3, 2023 | Current Affairs
The Bank of England (BoE) announced it would maintain its interest rate at 5.25% for the second consecutive time, following a series of 14 rate hikes. The monetary policy committee voted by a majority of 6-3 to maintain the bank rate yesterday (2 November), with three...
Nov 2, 2023 | Current Affairs
The British Retail Consortium (BRC) is urging the Chancellor to protect retailers by keeping inflation heading in the right direction. Shop price inflation in the UK continued its downward trend for the fifth consecutive month, reaching its lowest level since August...
Nov 1, 2023 | Current Affairs
Corporate insolvencies in England and Wales are at their highest level since 2009, according to new data from the Insolvency Service. In Q3 2023, 6,208 companies registered as insolvent in England and Wales, down 2% from the previous quarter, but up by 10% compared to...
Oct 30, 2023 | Current Affairs
Small business confidence in the UK improved slightly in Q3 2023, although challenges persist, according to the latest Small Business Index from the Federation of Small Businesses (FSB). The headline confidence reading in Q3 stood at -8.0 points, an improvement from...
Oct 16, 2023 | Current Affairs
The number of company insolvencies in September 2023 was 16.5% higher than the same month last year, according to official data published last week by The Insolvency Service. Corporate insolvencies decreased to a total of 1,967 compared to August's total of 2,319, but...
