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small business news
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£1.1 billion saved
The UK's small business community is estimated to have saved £1.1 billion in energy costs over the last year, according to a survey by the BCC.

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bank of england cuts rates
UK interest rates have been cut to 4.5% by the Bank of England in a move hoped to stabilise the stock market.
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brown pushes for £12 billion for small firms
Prime Minister Gordon Brown is calling for the release of £12 billion from an EU fund to help small businesses during the credit crunch.

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more strike action by postal workers

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august 2007
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Another wave of rolling strikes by the Communication Workers Union begins at 7 PM on August 9th and will end on the 17th, due to a continuing dispute over pay and modernisation.

Businesses should brace themselves for further delays in the postal service, which could leave bills and salaries unpaid and products undelivered, causing disruption to many companies.

"In taking further strike action the CWU is again failing to grasp or understand the harsh realities of an open postal market and the intensifying competition from other forms of communication, including broadband internet," stated a spokesperson for the Royal Mail.

The Communication Workers Union claims that the Royal Mail will soon impose modernisation plans which could cause 40,000 job losses and later delivery start times.

This is the second rolling strike action by the Union, where different departments strike at staggered times to cause the maximum impact. There have also been two 24 hour strikes previously.

 

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