The latest news affecting small and medium sized (SME) businesses in the UK
Rachel Reeves faces an £8bn Treasury shortfall by 2030 as electric cars erode fuel duty. The Climate Change Committee urges a “pay-per-mile” scheme, while rising flight costs and clean energy targets heighten the pressure on the Government’s Net Zero strategy.
Tesla’s valuation slips below $1tn as European and UK sales plunge by nearly 50 per cent.
Dubai-based crypto exchange Bybit says hackers stole $1.5bn worth of Ethereum in a theft surpassing all previous records.
Rachel Reeves’s inheritance tax overhaul has sparked concern among farmers and the CBI, with warnings of job losses, disrupted growth, and threats to Britain’s food security.
Lord Spencer of Alresford increases his stake in Chapel Down, England’s biggest winemaker, despite a share price dip since the company’s Aim listing.
BMW has confirmed a delay to the reintroduction of electric vehicle (EV) production at its iconic Mini plant in Oxford, blaming a confluence of factors shaping the beleaguered automotive sector.
Waspi threatens the Government with legal action over state pension age changes for women born in the 1950s, risking a potential £10bn payout if the judicial review succeeds.
McDonald’s UK defies its parent’s US pivot on diversity, vowing to keep DEI targets despite Trump’s renewed scepticism and a growing backlash against ‘woke’ policies.
Just Eat is to be acquired for €4.1bn by investment giant Prosus, a fraction of its pandemic-era value.
Apple pledges a record $500bn US investment and 20,000 new jobs, shielding itself from President Trump’s China tariffs and expanding advanced manufacturing in Texas and Arizona.
Donald Trump’s second presidency is prompting UK firms to reconsider DEI initiatives, as fresh polling shows a slim majority of Britons oppose cutbacks.
A fresh wave of calls from British business leaders urges the government to tackle mounting workforce ill health, with many firms citing employee absences as a drag on growth.
Aston Martin Lagonda is set to push back its long-held plans for an all-electric range, with new chief executive Adrian Hallmark preparing to announce a revised strategy at the British carmaker’s annual results on Wednesday.
The Education Secretary, Bridget Phillipson, has reiterated the Government’s stance on levying VAT on private school fees, insisting that closures in the sector are not a new development.
In a move that has sent ripples through Hollywood, Amazon MGM, in partnership with long-time James Bond producers Michael G. Wilson and Barbara Broccoli, has formed a joint venture to oversee the rights to the iconic 007 franchise.
