Archive for the ‘UK Business News’ category

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 […]

British Gas Launches £50 Initative For Insulation Referrals

British Gas will offer £50 to those who pass on the names of an older person or family on benefits who could benefit from insulation. The energy company British Gas has announced a new initiative to identify the elderly and households on benefits for insulation. The move, which offers £50 to anyone who passes on […]

Britons Plan To Spend £22.1 Billion On Holiday Escapes In 2012

New research from Sainsbury’s Travel Insurance suggests that in 2012, 28.9 million Brits plan to spend £22.1 billion on holiday escapes. On average those planning to book a holiday in 2012 say they will spend £765 on the cost of their holiday alone. The research also reveals that budget savvy Brits are actively seeking ways […]

Brits Must Change Budgeting Attitudes, Warns Money Education Charity

Credit Action is concerned about Brits’ attitudes towards budgeting, and urges consumers to take a more serious approach when managing their money. That is why the national money education charity is supporting the Financial Planning Week campaign (21-27 November) led by the Institute of Financial Planning (IFP). According to a survey conducted by the IFP, […]

Major UK Retailer Launches New Reward Card

House of Fraser, the leading national premium department store group in the UK, has launched a new Reward Card programme. It has joined forces with PrePay Solutions, the UK and Europe’s leading prepaid services company, to launch the House of Fraser Recognition Reward Card. The card enables customers to collect Points which are then issued […]