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Evening Standard
Small businesses struggling to get loans needed to grow – survey
Small businesses are in need of funding but struggling to get loans from high-street banks, a new survey has found.Three-fifths of small and medium-sized enterprises (SMEs) said that they currently need funding to ease day-to-day cashflow issues, according to research by asset manager Channel Capital.And more than two thirds of SMEs reported that they need …
Business
Sky News
After Kwarteng’s disastrous mini-budget, there is no magic cure
The last time a chancellor of the exchequer appeared on the Sunday morning political shows he helped kick the economy off a cliff-edge.Seven long weeks ago, Kwasi Kwarteng was still revelling in the aftermath of his not-so-mini budget and its promise of unfunded tax cuts, so much so he promised more to come. It was …
Business
Sky News
Richest will make larger sacrifices but everyone will have to pay more tax, chancellor says
Jeremy Hunt has said everyone is going to be paying higher taxes but those who earn the most will have to make larger sacrifices.The chancellor told the Sophy Ridge on Sunday programme during Thursday’s autumn statement he “will be asking everyone for sacrifices” but recognises there is “only so much we can ask” from people …
Business
Evening Standard
Ministers plan to crack down on ‘outrageous’ waste as Chancellor plays Scrooge
Ministers are determined to crack down on an “outrageous” waste of public money while seeking billions in tax hikes and savings as the Chancellor warned he will be playing Scrooge at the upcoming autumn budget.Jeremy Hunt has promised a “rabbit-free” statement with a focus on delivering “certainty” to families and businesses in the wake of …
Business
Sky News
Thousands more NHS workers being balloted for strike action
NHS workers in roles such as blood and transplant services are among nearly 10,000 people being balloted over action that could see them walk off the job as soon as January.Unite union, which represents 100,000 NHS workers, said voting papers are going out across 36 NHS trusts and organisations in England and Wales. This is …
Business
Evening Standard
Ofgem failures ‘come at a considerable cost’ to households – watchdog
Ofgem’s failures to effectively regulate energy suppliers as far back as 2018 have “come at a considerable cost” to households, the spending watchdog has said.Despite problems with the financial resilience of energy retailers emerging in 2018, Ofgem did not tighten requirements for new suppliers until 2019 or for existing suppliers until 2021, by which point …
Business
Evening Standard
Health Secretary says nurses’ pay demands ‘neither reasonable nor affordable’
Pay demands from unions representing nurses are “neither reasonable nor affordable” amid the threat of strike action, the Health Secretary has said.Steve Barclay is “saddened” by the proposed industrial action by the Royal College of Nursing (RCN), which he said is in “nobody’s best interests”.He is resistant to negotiating on pay, with the union demanding …
Business
Evening Standard
Sunak urged to crack down on UK-based firms stashing profits in tax havens
Rishi Sunak is being urged to act “immediately” to crack down on UK-based firms stashing their profits in overseas tax havens, in a move Labour claims would raise as much as £7 billion per year.Sir Keir Starmer’s party wants the Prime Minister to implement a “multinational top-up tax” in line with reforms agreed by the …
Business
Evening Standard
Hunt: I’m Scrooge with a plan to save Christmas by beating evil inflation
Jeremy Hunt has declared he is “Scrooge” out to save Christmas as he warned of “horrible decisions” on tax and spending to crack down on inflation and restore stability to shorten a recession he said was made in Russia.The Chancellor has promised a “rabbit-free budget” prioritising “honesty” and “sound money”, whereby people with the broadest …
Business
Business Live
Dental nurse named Greater Birmingham Apprentice of the Year 2022
A young dental nurse who has had to juggle her studies, work and being a home carer has been crowned our Greater Birmingham Apprentice of the Year. Summar Wilkes works at Smile Style Dental Care Centre in Stafford where she is also studying for a dental nursing apprenticeship. She won the Health, Education and Care …
Business
Sky News
Households paying £94 extra on energy bills because Ofgem ‘too slow to act’
Ofgem’s failure to effectively regulate energy suppliers since 2018 has “come at a considerable cost” to British households, a watchdog report has found.The Public Accounts Committee (PAC) said the energy regulator did not tighten requirements for new suppliers until 2019, or for existing suppliers until 2021, despite issues with the financial resilience of energy retailers …
Business
Evening Standard
London’s house price growth rate beaten by the home counties
House prices are often the talk of town across London, which is home to some of the highest average valuations in the country, but new research shows that prices in areas outside the capital have been rising faster, for longer. Saxo, the investment platform, has crunched the numbers on average house price data going back …

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