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UK

  • Small businesses suffer with rising costs, Vodafone steps in to help

    FREE INTERNENT

    Telecom giant Vodafone has announced a free broadband scheme to support UK based small business. Vodafone has said that it will give a year’s free broadband to small businesses signing up for a 24-month contract. This is accounting for the rising costs of living, inflation and impact on small businesses. 10per cent of UK small [...]

  • Home working with poor broadband costs UK £60bn per year

    POOR BROADBAND

    Working from home with a poor broadband connection is costing the UK’s economy £60bn per year, according to a recent research.  Figures from software company Actual Experience showed that technical issues with broadband – including delays and call dropouts – have led to an average loss of £1,000 per worker. IT issues created problems especially [...]

  • Overseas travel to UK lags behind pre-Covid levels despite yearly boom

    OVERSEAS TRAVEL

    Overseas travel to the UK has remained significantly behind pre-pandemic levels, despite a boom if compared to 2021 levels.  This is largely due to countries around the world – including the UK and EU – scrapping Covid travel restrictions since the beginning of the year. Data from the Office for National Statistics showed on Friday [...]

  • UK voters’ concerns on inflation reach highest level in four decades

    July 26, 2022

    UK voter worries on inflation are at their highest since the 1980s as the country faces a severe cost of living crisis and prices of essentials surge. The July 2022 Ipsos Issues Index by research company Ipsos showed that 45 per cent of adults in the UK view inflation as one of the most pressing [...]

  • Demand for alternative assets to rise 46 per cent over next 12 months

    July 13, 2022

    Demand for alternative assets is set to soar by 46 per cent over the next 12 months as rising inflation sends investor interest surging. In a survey by alternative investment platform AssetTribe and market research firm Survation, 53 per cent of the 580 investors surveyed across the UK and Europe said their appetite for alternative [...]

  • Pandemic-born businesses could add over £20bn to UK economy, study shows

    July 7, 2022

    Businesses started during the Covid pandemic could add £20.4bn to the UK economy as the number of start-ups during the pandemic grew. About 800,000 companies were registered in the first year of the pandemic in the UK, 22 per cent more than the year before, a joint report by CBI Economics and NatWest showed.  80 [...]

  • AXA UK Chairman Scott Wheway steps down with Mark Pain appointed

    June 30, 2022

    AXA UK plc announced that Chairman of the Board Scott Wheway is stepping down today. Non-Executive Director Mark Pain will serve as Chairman from tomorrow. Wheway was appointed as Chairman in December 2017 while Pain was appointed to the Board in December 2018. He is Chairman of the Risk Committee and Senior Independent Director Wheway said [...]

  • UK economic growth hit pre-pandemic levels in November

    January 14, 2022

    The UK’s economy sped up growth in November, before the Omicron variant struck, pushing above pre-pandemic levels for the first time.

  • UK to remain one of the top six global economies post-Covid, says CEBR report

    December 26, 2021

    The UK will stay as one of the top six global economies for the next fifteen years, according to a new forecast published by the CEBR.

  • UK exports to provide £176bn boost despite supply chain challenges

    December 9, 2021

    UK manufacturing exports will bring in £176bn to the domestic economy, according to new research from financial giant Barclays.

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