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UK firms report post-Brexit trading difficulties, says HSBC

Around 40% of British companies that import and export said the shift to a new trading arrangement with the European Union had made trade more cumbersome last month, a survey showed on Thursday.

UK businesses to shift cyber security strategy due to COVID

An overwhelming 96% of UK executives said that they will shift their cyber security strategy due to COVID-19, according to a new study by PwC.

U.K. startup raises $12M for its commercial food technology

Winnow, the U.K. startup that has developed smart kitchen tech to help commercial kitchens reduce food waste, is disclosing $12 million in Series B funding.

A third of UK automotive companies cutting jobs ahead of Brexit

Motor industry bosses have claimed that a third of UK automotive companies are already cutting jobs as Brexit nears

UK commercial brokers optimistic about business next year

Around 53 per cent of commercial brokers feel confident about business growth next year while 67 per cent are optimistic about the lending environment, according to research by Shawbrook Bank.

Retail price index changes could drop as investor complacency sets in

Prices of long-dated index-linked gilts could see another steep fall as investor complacency sets in, but an allocation to the asset class could still benefit multi-asset portfolio managers, according to industry experts.

Gaiety Investments shares in £10.29m dividend

Denis Desmond’s Gaiety Investments shared in a dividend payout of £10.29 million (€11.59 million) from its UK-based joint venture with concert giant Live Nation last year.

Virgin Money set to close Norfolk site, making around 50 jobs redundant

Virgin Money has announced it is closing its Norwich office, Norfolk, next year, making around 50 people redundant.

Service launched to help businesses prepare for Brexit

A new free service has been launched across Lancashire to help businesses prepare for the UK’s planned EU departure on October 31.

Woodford fund continues to be in suspension

The Woodford Equity Income fund (WEIF) will remain closed for a further 28 days, its authorised corporate director Link Fund Solutions confirmed on Monday (23 September).