Business Live - UK Business news, analysis & Thought Leadership
Get the latest news, in-depth analysis and advice on all business across the UK. Including live blogs, video and more from the BusinessLive team.
We cannot grow the economy by just taxing businesses
2 days ago · As 2024 draws to a close, it is clear that the UK economy finds itself at a critical crossroads, with businesses bracing for what many fear will be a sharp downturn in activity due to a combination of domestic fiscal pressures and international uncertainties. Indeed, some have even suggested that ...
Number of UK retailers in critical financial distress soars 25% in ...
2 days ago · The number of UK retailers grappling with critical financial distress has seen a sharp rise of over 25% quarter-on-quarter, driven by disappointing retail sales in November and uncertainty surrounding the Budget.. Insolvency firm Begbies Traynor's data reveals that the count of UK retailers in severe financial distress escalated to 2,124 for Q4 2024, up from 1,696 in the previous quarter.
Luxury brands like Burberry set for a rebound - Business Live
1 day ago · Analysts are predicting a potential upturn in the luxury sector, which has been experiencing a two-year downturn. They anticipate that the industry may be nearing its lowest point, with opportunities in the United States and China "not getting any worse". The sector is expected to see a five to six ...
The year in North East business 2024 - the biggest stories of the year
2 days ago · Plans to create a huge film and TV studio complex on the banks of the River Wear took a major step forward this year when a campaign by The Journal and other North East newspapers helped garner financial support from the Government. It is hoped that the development by Fulwell 73 and Cain ...
The year in North East business 2024
3 days ago · Our end-of-year round-up of the North East business scene traditionally begins with a view on the state of the economy – not always happily in recent years. It has been some time since we could give a particularly positive outlook and this year is …
Foreign takeovers of UK companies accelerate in 2024 as buyers …
Dec 12, 2024 · The foreign acquisition spree on UK firms has gained momentum this year, with international buyers executing a series of high-profile deals to take over listed companies. According to research from Bain & Company, deals initiated by foreign buyers targeting UK companies surged 55 per cent to $116bn ...
UK economy to 'grow twice as fast' as Europe in 2025 on back of …
Dec 5, 2024 · According to a leading bank's forecast, the UK economy is on track to expand twice as fast as its European peers next year thanks to the spending boosts introduced in October’s Budget.. Analysts at ING have pointed to an estimated growth of 1.4 per cent for Britain's gross domestic product (GDP) in the coming year, outlined in the bank’s annual economic outlook, meanwhile predicting a mere ...
UK companies cut jobs at fastest rate in nearly 4 years as firms ...
Dec 16, 2024 · The private sector in the UK has seen the fastest rate of job cuts in nearly four years, as companies react to new tax rules announced in the Budget. The latest S&P Global Flash UK Purchasing Managers’ Index (PMI) revealed that while business confidence remained steady from November due to a ...
West Midlands - Business news, local news, expert opinion
The latest business news from across the West Midlands including Birmingham, the Black Country, Coventry and Solihull. The region's biggest employers include Aston Martin, Birmingham Airport, Jaguar Land Rover, JCB, HS2, HSBC UK and NEC Group. Never miss a story - click here to sign up to our free email updates - and follow our …