UK economy stagnates as recession spectre looms
New ONS data reveals UK economic growth slowed to just 0.1% in Q3 2025, posing a major challenge for Chancellor Rachel Reeves. Experts warn of a looming recession.
Category : Search result: fintech growth
UK GDP growth confirmed at 0.1% in third quarter
The UK economy grew by just 0.1% between July and September, official data confirms, with manufacturing hit by a major cyberattack. Discover the latest ONS figures and what they mean for the UK's economic outlook.
Cardiff 13th, Swansea 47th in UK Investment Attractiveness
New research reveals Cardiff's resilience as a top UK investment destination, while Swansea faces challenges. Discover the key factors shaping regional economic appeal.
BoE Cuts Interest Rates to 3.75% After Budget
The Bank of England has cut interest rates to 3.75%, its sixth reduction since the election. Governor Andrew Bailey warns of a 'sharper downturn' risk as growth forecasts are slashed. Read the full analysis.
Birmingham IT firm EBS grows with nine new hires
Birmingham's Electronic Business Systems (EBS) celebrates growth with nine new appointments and is recruiting for three more roles, supporting West Midlands SMEs. Discover their expansion plans.
Atom Bank opens new Newcastle HQ with 600 jobs
Digital challenger bank Atom officially opens its multimillion-pound headquarters in Newcastle's historic Pattern Shop, marking a major investment in the North East's fintech sector. Read more.
Pacifica Group sees turnover surge to £42.8m
North East appliance repair firm Pacifica Group posts strong revenue growth and expanded operations, despite widening operating losses. CEO Kevin Brown hails a 'year of progress'. Read the full financial results.
Wales Investment Summit: Scrutinising the £16bn claims
Analysis reveals the true economic value of £16bn in projects showcased at the Wales Investment Summit may be far lower, highlighting the need for a focus on home-grown firms.
Aspire Tech secures investment, valued at £200m
North East IT firm Aspire Technology Solutions secures fresh investment, valuing the business at around £200m. Funding from LDC and Federated Hermes to fuel expansion and a £100m revenue target by 2030.
Help to Grow Programme Returns for South Wales SMEs
Swansea University invites South Wales SME leaders to join the government-funded Help to Grow management programme in Jan 2026. Boost your business strategy and growth. Apply now.
BP pulls out of Teesside hydrogen scheme for data centre
BP withdraws from H2Teesside hydrogen project, citing land clash with a planned data centre. The move could unlock thousands of tech jobs for the region. Read the full story.
Wales Summit: £16bn Investment to Create 10,000 Jobs
The Welsh Government's Investment Summit confirms over 10,000 new jobs from £16bn in projects, including a major US data centre and Vodafone's 5G expansion.
North East Business Growth: Key Appointments Announced
Azets announces 19 promotions in Newcastle, part of a wave of key appointments across the North East's professional services and trades sectors, signalling strong regional growth.
Wales Development Bank: £1bn Fails High-Growth Firms
As the Development Bank of Wales marks £1bn in investments, analysis reveals its strategy is failing to support the high-growth companies vital for Wales's future economy. A major rethink is urgently needed.
UK house prices to rise £80,000 by 2030
Savills predicts a 22.2% house price jump over five years, adding £80,000 to the average UK home. Discover the regional hotspots set for the biggest growth.
North West firms react to Rachel Reeves' Budget
North West business leaders give mixed reactions to Chancellor Rachel Reeves' Budget, with many warning of a lack of growth strategy and concerns over regional investment. Read the full analysis.
Welsh business gives mixed verdict on Budget
Welsh business leaders react to the Chancellor's Budget, welcoming investments in AI and nuclear energy but warning that tax rises risk stifling growth. Discover the full analysis.
West of England business leaders criticise Budget
West of England business leaders warn Rachel Reeves' Budget will dampen investment and job creation. Read the full reaction from the region's key industries.
Liverpool business reaction to Rachel Reeves Budget
Liverpool Chamber of Commerce members express relief at 'no surprises' Budget but call for a clearer government vision for long-term economic growth. Read the full analysis.
Rachel Reeves' 2025 Budget: Major Tax Changes Revealed
Chancellor Rachel Reeves unveils major tax rises on property, pensions and EVs in her Autumn Budget 2025, while scrapping the two-child benefit cap. Full analysis of the economic impact.
Mixed North East business reaction to Winter Budget
North East business leaders deliver a mixed verdict on Chancellor Rachel Reeves's Winter Budget, with concerns over tax freezes but optimism for regional investment.
AJP Recruitment Wins Fastest Growing Small Business Award
AJP Recruitment has been named the North East's Fastest Growing Small Business of the Year. Discover how their steady, sustainable approach powered their remarkable rise.
Pets at Home profits slump 33.5% in worrying report
Pets at Home reports 33.5% profit drop as retail business struggles. Bosses announce urgent action plan including £20 million cost-cutting programme to revive the 34-year-old chain.
Raytec buys Finnish Atexor to boost EU hazardous lighting
Northumberland lighting specialist Raytec Ltd acquires Finland's Atexor Oy, expanding its EU footprint and hazardous area lighting portfolio. Discover how this strategic move accelerates global growth.
LV Shipping expands regional presence at Monkton Business Park
Teesside logistics firm LV Shipping expands its North East footprint to 25,000sqft at Infinity Park, supporting new contracts and regional economic growth. Discover the details.
New drive to boost trade between Wales and Sweden
UK Ambassador Samantha Job's two-day Wales visit aims to boost trade and investment with Sweden, a key £36bn partner. Discover how Welsh tech and energy sectors stand to benefit.
Reeves secures bank backing for Budget with tax relief
Chancellor Rachel Reeves dismisses calls for bank tax hikes as lenders pledge support for Budget measures. Exclusive details on the Treasury's strategy to secure City backing.
Kilfrost profits double as de-icer firm eyes growth
Northumberland's Kilfrost sees pre-tax profits double to £6.2m. The 93-year-old de-icer company expands into rail, food manufacturing and renewables for strong growth.
UK Critical Minerals Strategy to Create Jobs
The UK government's new critical minerals strategy, backed by a £50m fund, aims to create jobs, boost domestic manufacturing and reduce reliance on China. Discover how Cornwall is leading the charge.
M&S to open 500 new Food stores across the UK
M&S launches ambitious plan for 500 new and renewed Food stores, aiming to double its food business size. 20 stores opening this year, creating 800 jobs.
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