UK Business News

Successful UK entrepreneurs like New Look’s Tom Singh, Cinnamon Club’s Rohit Chugh and eco-venture capitalist George Coelho have become involved in a project with the non profit networking group The Indus Entrepreneurs, that they hope will nurture a new generation of London business hopefuls.
The entrepreneurs will each be responsible for mentoring a GCSE or sixth [...]

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Talk of recovery from the financial crisis in the UK was dealt a crucial blow with the release of the highest insolvency figures since records began, last week, showing over 35,000 people were declared bankrupt in the three months up to September 2009.
The actual figure from the Insolvency Service recorded 35,242 people in England and [...]

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The UK Government have granted approval for Peterborough Renewable Energy Ltd (PREL) to build a waste recycling and green power plant that they believe could eliminate the need for landfill sites in the area.
PREL say its ‘energy park’ in Peterborough could revolutionise waste management by recycling mixed waste to produce re-usable glass, plastics and metals, [...]

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The UK bank HSBC has today announced that it will be cutting 1,700 jobs in the UK, while adding that it would be creating ’several hundred’ new jobs next year.
The staff cuts will be made in the bank’s retail division and will mainly effect employees in the service sector. HSBC is adamant that it will [...]

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