Businesses in South Wales can apply for grants of up to £1.5m under a new Tata Steel transition fund aimed at boosting jobs, investment and green industry growth
Category: In Business
Advice on growing your small and medium sized business, SME, in the UK. Hiring and managing staff and finance plus marketing all on one website
PwC warns AI sceptics ‘have no place’ as firm accelerates shift to automated services
PwC’s US CEO says partners resisting AI risk being replaced as the firm moves towards automated services and subscription-based pricing models.
UK government backs away from AI copyright overhaul as licensing emerges as the battleground
UK government report on copyright and AI signals retreat from opt-out reforms, prioritising transparency and licensing. What it means for SMEs, creators and tech firms.
Canadian billionaire Stephen Smith takes 27% stake in economist group
Canadian billionaire Stephen Smith has acquired a 26.9% stake in The Economist Group from Lynn Forester de Rothschild, marking a major ownership shift.
Small business commissioner appoints new advisory board members amid push on late payments
The Small Business Commissioner has appointed Abigail Whittaker and Ryan Shorthouse to its advisory board as it prepares for new powers to tackle late payments.
Individual insolvencies surge 18% as experts warn households are at ‘breaking point’
UK individual insolvencies have surged 18% year-on-year, with experts warning households are at breaking point as high interest rates, inflation and debt pressures intensify.
Rachel Reeves unveils £2bn AI push to make UK fastest adopter in G7
Chancellor Rachel Reeves has unveiled a £2bn AI investment plan to make the UK the fastest adopter in the G7, boosting growth, infrastructure and innovation.
HMRC interest ‘double standards’ branded unfair as taxpayers face higher charges than rebates
Experts warn HMRC’s interest system is unfair, with taxpayers charged 7.75% on late payments but receiving just 2.75% on refunds, raising concerns over trust and transparency.
Experts warn pension tax cap risks undermining retirement savings as pressure mounts on Chancellor to rethink
Financial experts urge Rachel Reeves to rethink plans to cap National Insurance relief on pensions at £2,000, warning it could damage retirement savings and employer schemes.
JD.com launches Joybuy in UK with same-day delivery challenge to Amazon
Chinese retail giant JD.com has launched Joybuy in the UK, promising same-day delivery across major cities as it takes on Amazon with speed and pricing.
AI adoption could unlock £105bn revenue boost for UK mid-sized firms by 2030
UK mid-sized firms could generate £105bn in additional revenue by 2030 through AI adoption, according to research by Cebr as HSBC launches a £5bn AI productivity finance initiative.
Virgin StartUp unveils £20m funding pot for UK founders after passing £100m Start Up Loans milestone
Virgin StartUp has announced £20m in Start Up Loans funding for 2026/27 after surpassing £100m in total loans delivered, supporting more than 6,500 UK entrepreneurs.
NCP faces administration as Britain’s largest car park operator files court notice
Britain’s largest car park operator NCP has filed notice of intention to appoint administrators, putting more than 1,000 jobs at risk across its 800 UK parking sites.
HMRC investigations into big businesses now last nearly three and a half years on average
HMRC tax investigations into the UK’s largest businesses now last an average of 41 months, with more than 2,100 open cases as the tax authority intensifies efforts to close the £47bn tax gap.
Automotive skills shortage reaches critical levels as 92% of UK employers struggle to recruit
The UK automotive sector faces the most severe talent shortage in the economy, with 92% of employers struggling to recruit skilled staff, according to ManpowerGroup’s 2026 Talent Shortage Survey.
