Could Paddington soon switch his beloved marmalade for specially crafted Fynbos honey straight from South African shores? He could well do so, now that the Cape Trade Portal is on offer. The ‘matchmaking tool’ connects UK buyers with local Western Cape exporters via a virtual hub, which boasts over 1 600 proudly Cape-based products and services. […]Read More

High street footfall fell 25 per cent in May, from the previous month, according to RSM UK’s analysis of the latest data from Datscha, published this morning. London continues to be hit by hybrid working with less workers commuting into the city, and international and business travel is still not back at full capacity. […]Read More

The prime minister has signalled controls on steel imports that were due to expire this week could be retained. When asked whether this could lead to a possible breach of international law, Boris Johnson responded “these are tough choices we have to make”. It follows a proposed approach set out by the international trade […]Read More

HMRC is missing out on a total of £2.7bn in underpaid VAT, a new study has revealed. HMRC suspects 208 of the UK’s 2,000 largest businesses have underpaid VAT by an average of £13.4m each, according to fresh analysis by Thomson Reuters. The study said that the £13.4m figure relates to “tax under consideration”, […]Read More

Bowmark Capital, the private equity investor, has backed the buy-out of Cornwall Insight, a leading provider of research, data and analysis to the energy sector. Cornwall Insight’s publications, analysis and consulting services enable its customers to understand complex policy change; ensure regulatory compliance; value their assets; and enhance their investment strategies.  The company has over […]Read More

Rising diesel prices could soon stop Britain’s fishing crews from setting sail as it becomes too costly to fish, boat captains warned this weekend. Trawlers and commercial fishers are now struggling under the weight of price rises that mean in many cases tens of thousands of pounds extra in diesel for a fishing trip leading […]Read More

Fewer firms are at risk of failure compared with last year, but smaller companies are struggling to stay afloat after the end of pandemic restrictions was met by soaring costs. Only 5.7 per cent of companies said they were at risk of failure in April, compared with 15 per cent at the start of last […]Read More

Big Issue Group has revealed its exciting new rebrand and ambitious five-year strategy, which will reflect the organisation’s response to the huge challenges faced by the rapidly growing number of people living in poverty across the UK. The Group has also published a comprehensive impact report detailing the impact it has had over the last […]Read More

The UK economy is at significant risk of entering a “mild recession” next year as soaring inflation takes its toll, according to KPMG. GDP growth is forecast to more than halve to 3.2 per cent this year, from 7.4 per cent in 2021, and fall to 0.7 per cent in 2023, according to KPMG’s UK […]Read More