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Economy

US GDP falls by 1.4% in Q1 as inflation bites
28 April 2022
1928
If you are covering US first quarter GDP, please see the following comment from Hinesh Patel, portfolio manager at Quilter Investors: “US first quarter GDP had a far poorer show than had been anticipated, falling by 1.4% in Q1 &ndash...
Shufti Pro Announces 10 Million Free Verifications to Show Solidarity with Aid Agencies in Ukraine
16 April 2022
1944
Globally acclaimed identity verification service provider, Shufti Pro is announcing 10 million free verifications for aid agencies to help them perform identity verification of Ukrainian refugees and people entering the country.  Russ...
20% of Brits haven’t visited a bank branch since before the Covid-19 pandemic
18 January 2022
2468
A fifth (20%) of UK individuals haven’t visited a bank branch since before the Covid-19 pandemic according to new research from KPMG UK, as individuals increasingly turn to managing their finances online. Just one in ten individuals (13%) have...
Three in five UK businesses are owed money from late payments, fuelling stress and cash flow problems
17 January 2022
2112
Three in five (58 per cent) small or medium enterprises (SMEs) across the UK are currently waiting on late payments from customers, according to new research from Barclays surveying 500 small business owners. For medium sized enterprises with 50 to ...
Brits commit to climate change resolutions for 2022 with 74% believing climate change needs to be tackled now
2 January 2022
2127
New research from National Grid shows that consumers are looking at how they can be more climate conscious in 2022, with a third (33%) including a commitment to tackle climate change in their New Year’s Resolutions. Almost three quarters of pe...
Barclays and Social Enterprise UK report a record-breaking rise in number of social enterprises founded during pandemic
15 October 2021
2277
Social enterprises, businesses which trade for a social and/or environmental purpose, are thriving despite operating in the toughest economic conditions for over a decade according to the latest research from Social Enterprise UK and Barclays. The&n...
UK revokes duties on Russian welded tube/pipe
12 August 2021
2235
The UK Trade Remedies Authority (TRA) has recommended duties on Russian welded tubes and pipes be revoked, while 90.6pc duties on China and 38.1pc duties on Belarus should be extended for five years. The recommendation followed the TRA's transition ...
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