Category: In Business

British households cut more than 2m subscriptions to services such as Netflix, Prime Video and Disney+ last year, as the cost of living crisis fuelled the first annual decline since the UK streaming revolution began a decade ago.

Online retailers had 35 per cent of their goods returned last year, up from 25 per cent the previous year, with December replacing January for the first time as the busiest month, according to industry research.

The head of the UK’s biggest business group has said most bosses “secretly” want all of their staff to return to working in offices.

New research has revealed that just 9% of UK entrepreneurs plan to set up a business this year – despite the government’s ambitious growth projections for 2023 and beyond.

Codat – the universal API for small business data – and a group of lenders have written an open letter to Secretary of State for Business, Energy and Industrial Strategy, Grant Shapps, calling for the government to support improved data sharing initiatives to tackle the difficulties faced by SMEs in accessing credit. 

Accountants are being forced to turn away thousands of people every year who are still leaving it too late to approach them for help with their self-assessment tax returns.

New data has revealed one in five UK employees are sitting for more than eight hours each day, contributing to the decline in physical or mental health experienced by 79% of employees in the past year.

Converge, the premier company creation initiative for Scotland’s universities and research institutes, is dispelling the myth that you need to call yourself an “entrepreneur” to set up a business as it reveals this year’s challenges.

Rishi Sunak has suggested the government cannot afford any immediate tax cuts, saying people are “not idiots” and understand what is unaffordable.

Lloyds Pharmacy is closing all 237 of its outlets in Sainsbury’s supermarkets amid fears of insufficient government funding for the industry.

Britain is fast losing its reputation as a hub for wealthy investors and businesspeople, with hundreds more millionaires leaving last year.

The Netflix co-founder Reed Hastings is stepping aside as co-chief executive of the world’s largest streaming service as it returns to growth.

the Evening Standard’s SME XPO 25-26 April 2023 at ExCeL London, once again invites founders, entrepreneurs and business leaders to attend an action-filled two-day programme