Author: Business Matters

[ad_1] A design engineer and TV presenter, expert in creating space-saving architectural improvements for the house, is feeling flush after securing monetary backing for his newest invention – a body that permits bathrooms to be folded away in a cabinet when not in use. The patented Hidealoo body is designed to help owners and property builders to maximise the house they’ve obtainable, together with inside utility rooms, moist rooms and even wardrobes. It’s manufactured in Britain and works with any commonplace wall hung ceramic pan and cistern. It was invented by engineer Monty Ravenscroft, who has spent the final 25…

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[ad_1] Customers are submitting extra complaints about buy-now pay-later (BNPL) companies to the UK’s monetary complaints physique as Brits flip to companies like Klarna and Zilch to fund their spending in the price of dwelling disaster. Complaints to the Monetary Ombudsman Service (FOS) involving BNPL companies jumped 36 per cent to 220 final yr, in accordance with figures obtained through a Freedom of Data request by lending agency Creditspring present. The rise in complaints – which sat at 162 in 2020 – displays a growth in utilization of the merchandise. Some 4.1m used the merchandise for the primary time in…

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[ad_1] Simply over 9 in 10 (91.2 per cent ) card transactions made final yr the place paying by contactless would have been an possibility did use this expertise, in keeping with information from Barclays. The financial institution stated that is the best proportion it has seen, with 85.6 per cent  of eligible card transactions being contactless in 2021. Transactions that have been eligible to be contactless have been these made face-to-face or in-store, as much as the worth of the contactless card restrict, which is presently £100. “Silver spenders” are serving to to drive up contactless use. Barclays stated…

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[ad_1] Banks are decreasing their urge for food to fund small and medium-sized firms, in accordance with brokers dealing with mortgage purposes. Requested by the choice lender iwoca if excessive road banks have been changing into extra cautious, 82 per cent of the brokers mentioned that they have been, with 49 per cent saying that they had seen extra purposes rejected in December in contrast with the earlier month. The principle causes given by the banks for the rejections have been that the candidates didn’t have sufficient months of buying and selling — in 20 per cent of instances —…

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[ad_1] Scottish salmon was the UK’s greatest meals export in 2022, new HMRC figures have revealed. Gross sales of the nutritious fish grown in chilly waters off the Highlands and islands reached £578 million within the calendar 12 months, with France main the worldwide demand. European locations dominated because the sector continued to bounce again from Brexit. Scottish salmon was exported to 54 international locations, with North America and Asia reporting robust demand. Abroad Scottish salmon gross sales outperformed all of the UK’s different predominant meals exports together with bakery items, chocolate, cheese, cereals and lamb. Farm-raised salmon straight employs…

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[ad_1] Rishi Sunak and Jeremy Hunt will host among the UK’s most distinguished trade leaders on Friday as a part of a drive to drum up recent funding to revive the UK’s struggling economic system. The prime minister, who is anticipated to attend remotely, and the chancellor will deal with 200 enterprise executives – together with most of the 42 bosses from commerce and trade who sit on the UK Funding Council – with a concentrate on creating jobs in hi-tech sectors. Council members embrace executives from Airbus, HSBC, Nestlé, Nissan and Hutchison Whampoa, which owns the three UK cellular…

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[ad_1] Rishi Sunak has introduced a shake-up of his high workforce — splitting up the enterprise division and merging it into 4 new departments. In a bid to give attention to his priorities, Sunak has created a brand new Division of Science, Innovation and Know-how that will probably be led by Michelle Donelan, the tradition secretary. Grant Shapps, the enterprise secretary, will lead a smaller division specializing in power safety and internet zero. In the meantime Kemi Badenoch, the worldwide commerce secretary, sees her division broaden, taking over home enterprise regulation and help. Donelan’s substitute is Lucy Frazer, the levelling…

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[ad_1] Ava Whetstone-Magee, the founding father of Avalanche Equestrian talks about the lightbulb second which led her to start out her enterprise on the age of 13, which has seen her turn out to be a finalist within the younger entrepreneur of the 12 months class of the 2023 Enterprise Champion Awards What do you at present do at Avalanche Equestrian? As Founding father of Avalanche Equestrian I take care of each side of my enterprise. Now we have a small staff of employees so my position consists of managing them and their time in addition to designing new merchandise and bringing them…

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[ad_1] OpenSolar has introduced that it has raised US$15 million to broaden its free product providing to photo voltaic contractors who use the platform in additional than 130 nations. The funding spherical was led by considered one of Australia’s largest enterprise capital funds, Telstra Ventures, with participation from sustainability fund 2150 and present traders together with Jeff Tannenbaum’s Titan Grove and photo voltaic entrepreneurs Alec Guettel and Howard Wenger. OpenSolar Co-founder and CEO Andrew Birch (Birchy) stated, “We began OpenSolar in Australia which is essentially the most superior photo voltaic market on the planet, the place you pay a particularly…

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[ad_1] Barclays plans to launch a string of “banking pods” after not too long ago saying extra department closures. The financial institution stated it is going to increase its “versatile banking codecs” in response to altering buyer wants. The plans embrace the launch of recent banking pods, which shall be purpose-built, semi-permanent buildings in areas similar to buying centres and retail parks. The pods will present a devoted, non-public house and may be moved relying on demand, the financial institution stated. At the least 10 shall be rolled out throughout the UK by summer time 2023 following the success of…

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