More than two thirds (68 per cent) of leaders of small and medium-sized businesses believe that their company is resilient after weathering the recent storms brought on by external events. The annual American Express Business Barometer found that this sense of resilience was matched by growing optimism. Almost three quarters (73 per cent) of SME bosses were confident about the ...
Small and medium-sized enterprises (SMEs) across the UK are showing remarkable resilience by prioritising employee welfare and environmental sustainability, despite mounting economic pressures, according to new research by Purbeck Insurance Services. As inflation and the cost of living continue to strain households and businesses alike, over half (51%) of SMEs have stepped up to support their staff. The survey by ...
At her spring budget, Chancellor Rachel Reeves outlined an ambitious vision: to make Britain a “defence industrial superpower”. In doing so, she joined a growing wave of European leaders rethinking their military budgets not just through the lens of national security, but as tools for economic growth. As war returns to Europe and global power balances shift, defence spending is ...
A third of the UK’s pubs, bars, restaurants and hotels are now operating at a loss following a wave of government-imposed tax increases that came into effect in April, according to a new industry survey. The research, conducted by UKHospitality, the British Beer & Pub Association, the British Institute of Innkeeping and Hospitality Ulster, reveals that nearly one in three ...
Business sentiment in the UK private sector has slumped to its weakest level in nearly three years, as rising wage costs and mounting global trade concerns weigh heavily on economic outlook. The latest “growth indicator” from the Confederation of British Industry (CBI) reveals that a net balance of 30 per cent of companies expect a decline in activity over the ...
The UK’s fast-growing crypto market has reached a major inflection point as IG Group, one of the country’s biggest online trading platforms, becomes the first London-listed company to offer direct cryptocurrency trading to retail investors. From this week, IG clients in the UK will be able to buy and sell 38 individual digital tokens—including bitcoin, ethereum, and the meme-inspired dogwifhat—through ...
Sen. Rand Paul, R-Ky., said on Sunday that he would support President Donald Trump’s ‘big, beautiful bill’ if the debt ceiling hike was removed. Paul told CBS’ ‘Face the Nation’ host Margaret Brennan that he and three other Republican senators will hold out against the bill unless it is modified. ‘I think there are four of us at this point, ...
White House Economic Council Director Kevin Hassett says he remains ‘very, very confident’ that courts will support President Donald Trump’s tariff agenda. Hassett made the statement during a Sunday morning appearance on ABC’s ‘This Week,’ telling host George Stephanopoulos that the White House still expects ‘Plan A’ to work out. ‘And so we’re very thrilled. We are very confident that ...
House Republicans eked out a win in May with their advancement of President Donald Trump’s ‘big, beautiful bill,’ filled with negotiations and compromises on thorny policy issues that barely passed muster in the lower chamber. Next week, Senate Republicans will get their turn to parse through the colossal package and are eying changes that could be a hard sell for ...
President Donald Trump shared a post on social media this weekend claiming that President Joe Biden died in 2020 and was replaced with clones. Trump shared a link to the post from his personal account on Truth Social on Saturday. The post originated from a small account on the platform responding to discussions about Biden’s health. ‘There is no Joe ...