The latest news affecting small and medium sized (SME) businesses in the UK
River Island warns it could enter administration unless landlords back a restructuring plan involving 33 store closures and rent cuts, with £10m needed by September.
UK businesses are slashing staff numbers at the fastest rate since February, hit by higher payroll taxes and US trade uncertainty, as PMI data signals weak…
The European Union has failed to secure any reduction in the punitive 50 per cent US steel tariff in the latest outline trade deal with Washington,…
LVMH reports a 9% fall in fashion and leather goods sales as luxury demand slows in the US and China. Group sales drop 4% as economic…
UK car and van production has fallen to its lowest level in 70 years, with industry leaders blaming US tariffs, plant closures, and a lack of…
Santander faces backlash from SMEs after introducing fees to business accounts once guaranteed to be “free for life” — a move some claim breaches written promises…
The EU and US are nearing a deal to impose 15% tariffs on most EU exports, but Brussels is preparing €93bn in countermeasures if Trump rejects…
Savills and Rightmove cut UK house price forecasts for 2025, citing weak buyer demand, tariff uncertainty, and rising supply. Prices now expected to rise just 1–2%…
Tesla shares fall after Q2 revenue drops 12%, missing expectations. Elon Musk warns of “rough quarters” ahead amid EV demand woes, tax changes, and political distractions.
Lack of clarity on EV grant eligibility could hinder carmakers’ ability to meet the UK’s electric vehicle mandate, says industry body SMMT, as manufacturers struggle to…
General Motors’ Q2 profit fell 32% to $3bn due to a $1.1bn tariff hit from Trump’s trade policies, with the carmaker warning of deeper losses in…
AstraZeneca plans a $50bn investment in US manufacturing and R&D by 2030, responding to Trump’s tariff threats and signalling a strategic pivot toward its largest market.
Andrew Bailey, the governor of the Bank of England, has warned Chancellor Rachel Reeves that her government’s plans to roll back banking regulations could destabilise the…
The London Stock Exchange is exploring 24-hour or extended trading to attract global investors and rival US markets, amid concerns over UK market competitiveness.
A Surrey fish and chip shop has been fined £40,000 for hiring a worker who allegedly used a fake ID, sparking calls to reduce penalties on…