Archive for the ‘UK Business News’ category
High Oil And Commodity Prices Mean Inflation May Stay Above 2.5% All Year
New Cebr forecasts released today indicate that increases in oil and commodity prices – reflecting the impact of quantitative easing in the US and Eurozone – mean that the inflation forecast for this year has been revised sharply upwards from 1.7% for Q4 2012 to 2.7% for that quarter. This new forecast means that inflation [...]
IKEA Is UK’s Favourite Retailer
A poll of over 6,000 consumers, carried out by Verdict Research, reveals that Swedish furniture specialist IKEA is the nation’s favourite retailer. IKEA’s win demonstrates the importance of fulfilling consumer needs each time they visit your store or website with the right product mix. The retailer knows its consumers well and meets their needs consistently. [...]
BT Delivers UK Business Fibre Broadband First
BT Business today announced it has completed the UK’s first Fibre to the Premises (FTTP) installation to multiple office units at Acorn House in Milton Keynes. The super-fast FTTP broadband service, which is capable of delivering download speeds of up to 100Mbps and up to 15Mbps upload speeds, allows users to reduce costs and drive [...]
Trading Abroad Will Help Boost UK Business
Small and Medium Sized Enterprises (SMEs) are being urged to take advantage of the opportunities available to them to get trading and look at potential new markets abroad. Speaking to business leaders in Cambridge at the Going Global: Helping small businesses trade abroad conference today – Business and Enterprise Minister Mark Prisk encouraged entrepreneurs to [...]
First Time Parents Spend £425 Million Preparing For Baby
First-time UK parents spend more than £425 million1 each year, preparing for the arrival of a first baby, according to research revealed by life insurance provider Aviva. This equates to £1,370 per family. A new Aviva study of 1,500 recent mums, has found that this is the average amount spent on essentials such as pushchair, [...]
Mid-Lifers Savings Sliced In Half Last Year
Last year saw turbulent times for savers across the UK who struggled more than ever to build their savings – with some demographic groups suffering more than others. The ING Direct Consumer Savings Monitor – the only measure that tracks ordinary Britons’ accessible savings levels(1) – shows that in 2011 savings remained close to a [...]
£4.17 Million Of Red Tape Costs To Businesses Cut
A new report published today by the Government shows that around £4 million of regulatory burdens will be cut from British businesses between January and June 2012. The Third Statement of New Regulation, which measures the success of the One-in, One-out rule, shows that there is a cumulative net reduction of regulation since January 2011. [...]
Contraction Confirmed For End Of Last Year, But UK Could Yet Avoid Recession As Consumer Gloom Starts To Lift
A contraction in the UK economy at the end of last year was confirmed by the Office for National Statistics this morning. The second estimate of UK output indicates a quarter-on-quarter decline of 0.2% in Q4 2011. Within the gloomy headline though some good news is to be found. UK consumers started spending again in [...]
EasyJet Celebrates A Decade Of Service At London Gatwick Airport
easyJet, the UK’s largest airline, celebrates 10 years since its first flight took off from Gatwick. In the decade since that first flight to Barcelona, easyJet has become the biggest operator at the airport. easyJet now operates 50 aircraft flying around 300 flights a day to and from Gatwick, with a choice of 94 destinations [...]
Acting FAST Proves It Can Save Hundreds Of Lives
Latest figures show that the annual Act FAST stroke campaign has had a significant impact on patients receiving stroke treatment. Last year alone, in the two months after the adverts finished running and people’s awareness of the signs increased, the NHS in England saw a 24 per cent rise in stroke related 999 calls, and [...]
