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Latest News:

  • UK pension funds still “way off the pace” on backing Britain’s tech stars, warns Oxford science chief
  • Half of graduates would refuse a student loan today, treasury inquiry warns
  • Samsung chip workers pocket £300,000 windfalls as AI memory boom rewrites the rule book
  • Amazon’s UK tax bill tops £1.3bn as employer NI hike and £30bn sales drive the total higher
  • Gordon Brothers swoops on Radley as Poundland owner adds British handbag label to its turnaround portfolio
  • Altman backs away from AI ‘jobs apocalypse’ warnings as OpenAI chief admits he was ‘pretty wrong’
  • Long-term unemployment climbs to a decade high as Britain’s hiring engine stalls
  • Rayner urges Starmer to ban social media for under-16s as labour splits over Australian model
  • HMRC warns 700,000 umbrella workers over ‘bills of exchange’ tax avoidance scam
  • Goalhanger Ventures opens its chequebook to creator-led media with Invisible Media stake and Backyard Cricket deal

Category: News

The latest news affecting small and medium sized (SME) businesses in the UK

Piers Morgan has parted ways with Rupert Murdoch’s media empire in a move set to expand his popular Uncensored show on YouTube, ending months of speculation about his future at News UK.

Piers Morgan being lined up for Celebrity Apprentice 2025 revival as show marks 20th anniversary

20 January 2025 News Jamie Young 0 Comments

The BBC’s celebrity spin-off of The Apprentice is set to return in 2025 for its 20th anniversary, with hopes to sign Piers Morgan and Cheryl Tweedy for TV gold.

Sir Keir Starmer is set to appoint Lord Mandelson as the UK’s next ambassador to the United States, marking the first political appointment to the role in nearly half a century.

Mandelson’s Washington bid under scrutiny as Donald Trump’s team considers UK ambassador choice

20 January 2025 News Jamie Young 0 Comments

Downing Street remains cautiously optimistic that Lord Mandelson will secure approval as Britain’s next ambassador to Washington, despite reports that the incoming Donald Trump administration has raised questions over his “political baggage”.

Rachel Reeves is expected to halt spending on major new rail projects until after the next general election, leaving Britain’s train network under pressure from a squeeze on the public finances.

Spending freeze to push major railway projects into the sidings past general election

20 January 2025 News Jamie Young 0 Comments

Rachel Reeves plans to freeze major UK rail spending until after the next election, threatening key projects. Explore how private investment could reshape Britain’s rail network.

Britain has recorded its highest number of company closures for two decades, with the final quarter of 2024 seeing 198,046 businesses struck off the official register.

UK sees record wave of business closures amid tough environment

17 January 2025 News Jamie Young 0 Comments

Britain has recorded its highest number of company closures for two decades, with the final quarter of 2024 seeing 198,046 businesses struck off the official register.

British-based employees are expected to bear the brunt of hundreds of job cuts at Deliveroo.

Deliveroo raises profit guidance on back of surging orders

17 January 2025 News Jamie Young 0 Comments

Tie-ups with leading retailers fuel deliveroo’s order growth and lift profit guidance for 2024. discover how will shu’s food delivery platform is diversifying revenues, despite tough overseas competition.

The Small Business Charter (SBC) has appointed entrepreneur Byron Dixon OBE, founder and chief executive of freshness-technology firm Micro-Fresh, as its new chair.

New chair at Small Business Charter as Byron Dixon OBE takes the helm

17 January 2025 News Business Matters 0 Comments

The Small Business Charter (SBC) has appointed entrepreneur Byron Dixon OBE, founder and chief executive of freshness-technology firm Micro-Fresh, as its new chair.

The UK’s struggling high street has shed nearly 170,000 retail jobs this year—the biggest annual toll since pandemic lockdowns in 2020—as shops grapple with higher taxes, surging costs and weakening consumer spending.

UK economy struggles to gain momentum as GDP growth disappoints at 0.1%

17 January 2025 News Business Matters 0 Comments

UK GDP rose by a weaker-than-expected 0.1% in November, fuelling concerns about stagnant growth. Discover how interest rates, inflation, and looming trade risks could shape Britain’s economic outlook in 2025.

mark carney interest rate

Carney sets his sights on leadership as Canada faces election countdown

17 January 2025 News Jamie Young 0 Comments

Mark Carney, ex-governor of the Bank of England, launches a bid to succeed Justin Trudeau as leader of Canada’s Liberals, promising fresh economic solutions ahead of a likely general election.

High interest rates are continuing to hit demand in the property market as potential buyers pull back from purchases because of increased mortgage costs.

Mortgage reforms set to loosen for first-time buyers in pro-growth push

17 January 20255 May 2025 News Jamie Young 0 Comments

First-time buyers could soon find it easier to step onto the property ladder under proposals to relax mortgage rules, as financial regulators explore ways to enable “responsible risk-taking” among borrowers.

Aston Martin appear to be plotting a record-breaking deal worth an estimated £1 billion to lure Max Verstappen away from Red Bull, signalling an extraordinary shift in Formula One’s financial landscape.

Aston Martin poised for £1bn Verstappen coup in F1 power play

16 January 2025 News Jamie Young 0 Comments

Aston Martin eyes a historic £1bn deal to lure Max Verstappen, challenging Red Bull’s dominance and heralding a new era of big-money investments in Formula One.

Dyson has shelved plans for a £100 million technical and research centre in Bristol, opting instead to consolidate its southwest operations at its flagship Malmesbury campus in Wiltshire.

Dyson ditches £100m Bristol hub, consolidating all R&D in Wiltshire

16 January 202516 January 2025 News Jamie Young 0 Comments

Dyson scraps its £100m Bristol expansion and relocates 180 staff to Malmesbury in Wiltshire, citing the benefits of greater collaboration. The move follows job cuts and founder Sir James Dyson’s criticism of the UK’s tax regime.

Asos to close its main US warehouse in Georgia, taking a £200m impairment charge to boost profitability. The fashion giant will serve American shoppers from a UK facility and a smaller US site, cutting costs while slowing delivery times.

ASOS shutters US warehouse as part of cost-saving turnaround plan

16 January 2025 News Jamie Young 0 Comments

Asos to close its main US warehouse in Georgia, taking a £200m impairment charge to boost profitability. The fashion giant will serve American shoppers from a UK facility and a smaller US site, cutting costs while slowing delivery times.

Fox_Hounds_Harlsden

Stormy skies dampen festive cheer for Mitchells & Butlers

15 January 2025 News Jamie Young 0 Comments

Mitchells & Butlers, operator of Harvester and Toby Carvery, reports strong festive sales but cautions on a “material adverse impact” from poor weather. Rising labour costs after the budget add further pressure, yet analysts highlight M&B’s underlying resilience.

Britain’s busiest railway route, the west coast main line, is set for a once-in-a-generation upgrade that will bring significant disruptions for up to ten years.

West coast main line faces decade-long closures in multi-billion-pound overhaul

15 January 2025 News Jamie Young 0 Comments

Britain’s vital west coast main line faces up to ten years of closures in a £3.84bn upgrade of overhead wires, signals and track. Discover how these essential works will disrupt travel between Scotland and England, with weeks-long shutdowns each year from 2026.

The Organisation for Economic Co-operation and Development (OECD) has warned that "significant action" is required to stabilise the UK’s public finances, urging Chancellor Rachel Reeves to reform fiscal policy.

Reeves leaves door open for March emergency budget

15 January 2025 News Jamie Young 0 Comments

Chancellor Rachel Reeves refuses to dismiss a second Budget in March, pointing to global market pressures and reaffirming her fiscal rules. Meanwhile, gilt sales signal rising yields and potential headwinds for her economic plans.

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Latest Content

Oxford Science Enterprises chief Ed Bussey says UK pension funds are "missing in action" as British tech firms rely on overseas backers, particularly US capital, for up to 80% of their funding.

UK pension funds still “way off the pace” on backing Britain’s tech stars, warns Oxford science chief

Oxford Science Enterprises chief Ed Bussey says UK pension funds are “missing in action” as British tech firms rely on overseas backers, particularly US capital, for up to 80% of their funding.

Half of graduates would refuse a student loan today, treasury inquiry warns

Samsung chip workers pocket £300,000 windfalls as AI memory boom rewrites the rule book

Amazon’s UK tax bill tops £1.3bn as employer NI hike and £30bn sales drive the total higher

Gordon Brothers swoops on Radley as Poundland owner adds British handbag label to its turnaround portfolio

ISA shake-up risks unwinding a decade of simplification, warns Charles Stanley

The business benefits of investing in better packaging

Altman backs away from AI ‘jobs apocalypse’ warnings as OpenAI chief admits he was ‘pretty wrong’

Utilities

Energy savings

Business Energy Claims recovers £25,000 for UK chocolatier

Energy saving

Manufacturing company recovers thousands from mis-sold energy contracts

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