Weekly Digest – 17 May 2023

Weekly Digest – 17 May 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.

Competition watchdog launches probe into supermarkets over record food and fuel prices

The CMA has found that supermarkets have been using their market power to increase prices of food, drink and fuel, leading to higher inflation.

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Government backs British farmers with new package of support

The UK government has announced a new package of support for British farmers, including funding for research and development, and grants to help them become more competitive.

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UK SMEs admit running their own business has negatively impacted their mental and physical health

UK SMEs have reported that running their own business has had a negative effect on their mental and physical health, with stress, fatigue and lack of sleep being the main issues.

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Million more migrants heading to Britain before next election, ministers warned

Ministers have been warned that up to a million more migrants could come to Britain before the next election, due to the current immigration system.

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An activist, a kindness-spreader and a role model: meet these standout nurses

National Nurses Month celebrates the work of nurses and highlights three nurses who have made a difference in their communities. These nurses have provided care, comfort, and support to those in need.

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The UK’s Secretive Web Surveillance Program Is Ramping Up

The UK government is introducing a new surveillance law that will require internet providers to keep records of customers’ web browsing history for up to 12 months. This data will be accessible to law enforcement and security services.

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‘Polite queuing’ will not decarbonise energy grid, says Ofgem boss

Ofgem boss has said that polite queuing will not be enough to decarbonise the energy grid, and that more needs to be done to achieve this goal.

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Three features for small businesses to look out for in accounting software

Accounting software can help small businesses manage their finances more efficiently. Look out for features such as automated invoicing, real-time reporting and integration with other software.

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