
Bank of England casts doubt on ‘Britcoin’ launch amid privacy and cost concerns
The Bank of England’s plans for a “digital pound” have run into fresh skepticism, with concerns over privacy, costs, and conspiracy theories putting a possible Britcoin…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

The Bank of England’s plans for a “digital pound” have run into fresh skepticism, with concerns over privacy, costs, and conspiracy theories putting a possible Britcoin…

David Beckham’s business empire has delivered a bumper payoff worth almost $36 million, thanks to surging profits at DRJB Holdings, the company behind his global licensing…

Nationwide CEO Debbie Crosbie warns that women who regularly work from home risk missing out on career opportunities and promotions.

Over 400 pubs across England and Wales have closed in 2024, pushing the total below 39,000. Rising costs, looming tax hikes, and diminished rates relief threaten…

Growing numbers of UK workers face fertility challenges, yet few employers have formal fertility policies. The Chartered Management Institute and Fertility Network UK say supportive workplace…

British companies are gearing up for a stronger start to 2025, with fresh data suggesting that the majority expect higher turnover and increased hiring in the…

The Issa brothers plan to float their petrol station empire, EG Group, in the US at a potential £13bn valuation.

Santander UK chairman William Vereker warns that Britain’s high benefits bill partly stems from poor financial literacy.

High street retailers shed a record 170,000 jobs in 2024 amid rising tax pressures and cautionary consumer spending. Discover how looming hikes in business rates and…

Luxury yacht maker Sunseeker faces criticism after announcing temporary layoffs for early 2025, citing supply chain disruption. Discover how the firm is supporting affected staff and…

eBay sellers and online traders face tax scrutiny from HMRC under new reporting rules, with a 31 January 2025 filing deadline. Missing the self-assessment window could…

Government contractors including Mitie and Churchill Group are negotiating contract hikes to offset NI and minimum wage rises—passing costs on to the taxpayer. Discover how these…

Labour ministers confirm a £15m fund to redirect surplus farm produce to charities, tackling the UK’s food waste problem over Christmas and beyond. Find out more…

The UK steel industry is calling on ministers to prioritise British-made steel in offshore wind projects. Discover why homegrown production could spur jobs, investment and energy…

Over 40,000 UK taxpayers have already filed their 2023–24 Self Assessment returns during the festive period, according to HMRC. Discover how this early action could save…