UK economy ‘stable’
Economists are predicting that the UK economy will remain ‘stable’ this year but growth will be ‘sluggish’. According to forecasts, the economy will expand by 1.6 per cent in 2018 and this will rise to 1.7 per cent in 2019.
Paras Shah Blog |
Economists are predicting that the UK economy will remain ‘stable’ this year but growth will be ‘sluggish’. According to forecasts, the economy will expand by 1.6 per cent in 2018 and this will rise to 1.7 per cent in 2019.
Silicon Valley investment in UK start-ups smashed through the £1 billion mark for the first time in 2017, with the vast majority of the money going to tech companies operating in the so-called ‘Golden Triangle’ of Cambridge, London and Oxford.
New research has found that the number of new technology businesses, including software development firms, that launched in the UK in 2017 rose by almost 60 per cent.
Scammers pretending to be from HM Revenue & Customs (HMRC) are sending false information on tax rebates and how to claim money back to individuals via text messages.
The Government-backed Start Up Loans company has just celebrated lending a milestone of £400 million to businesses in the UK since it launched five years ago.
The deadline for entering new businesses into the Startups 100 2018 index has now been extended until 3 April, giving entrepreneurial business owners a little more time to get their enterprise on the list.
According to a recent report from Visa, UK consumers reduced their spending in February to the lowest level since February 2012, suggesting that the broader economy could slow in the first quarter of 2018.
The Department for International Trade (DIT) has announced the 15 winners of a competitive recruitment process who will now be taking part in the second annual UK trade mission to Empire FinTech Week in New York.
According to the Confederation of British Industry (CBI), businesses in the UK grew at the fastest rate in more than two years in the three months to February, with the organisation’s survey showing +20 in February, up from +9 in January and reaching its highest level since December 2015.
Recent research has found that over the past six years, the 500 most successful start-ups created in the UK have grown at an annual rate of 30 per cent a year, while those that went on to an initial public offering (IPO) grew at an even faster rate of 43 per cent.
[wp_show_posts id="6392"]
Sign-up to receive our news and updates by email