Concierge group Quintessentially, co-founded by Sir Ben Elliot, flags “material uncertainty” amid £15m loan deadlines and net liabilities of £29m.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Firms slash jobs at quickest rate in four years following budget tax hikes
UK firms cut jobs at the fastest rate in four years in December, according to the latest PMI survey, with hiring freezes and layoffs triggered by higher employer NICs and a gloomy outlook.
Next warns of 1% price increase as budget wage bill soars by £67m
Retail giant Next has defied expectations for the crucial Christmas trading season, posting stronger-than-forecast sales but cautioning that a spike in wage costs will lead to higher prices this year.
Errol Musk claims Tommy Robinson ‘very likely’ to become UK Prime Minister
Errol Musk, father of Elon Musk, has sparked controversy by likening Tommy Robinson to Nelson Mandela and predicting he could become UK prime minister.
Small businesses warn of layoffs as new employment rights bill prompts worry
UK small businesses warn of layoffs as a new employment rights bill expands worker protections and raises costs.
Tax hikes blamed for slide in business confidence as KPMG forecasts growth boost
Business confidence hits a two-year low after the chancellor’s £40bn tax hikes, yet a KPMG report predicts accelerated UK growth.
UK faces net zero crisis unless full hybrids are banned by 2030, warns motoring body
Britain’s motoring lobby warns that allowing new full hybrids after 2030 would be a “catastrophic misstep” for the UK’s net zero goals. Discover what’s at stake for electric vehicles, the government’s proposed ban, and industry reactions.
Pound sinks to nine-month low as recession fears grip UK manufacturing
The pound hit a nine-month low below $1.24, as fears mount over a UK industrial recession. Learn about new PMI data signalling manufacturing slowdown, rising costs and job cuts, and the Treasury’s bid to steady the economy.
Bezos readies UK satellite broadband to rival Musk
Jeff Bezos’s Amazon aims to launch Project Kuiper in the UK, challenging Elon Musk’s Starlink with satellite broadband for homes, businesses, and government clients.
New Look speeds up store closures as budget fallout bites
Fashion retailer New Look is preparing to accelerate store closures as a result of Labour’s tax-raising budget, while “Chicken King” Ranjit Boparan battles to pass higher costs on to supermarkets—signalling further pressure on UK businesses across multiple sectors.
UK manufacturing chills as tax rises stifle demand
Looming tax increases and ongoing cost pressures are sending a “winter chill” through Britain’s factories, as new data reveals the weakest manufacturing growth in 11 months.
Apple agrees to £77M settlement over alleged Siri eavesdropping
Apple will pay £77 million to settle a lawsuit over Siri allegedly recording private conversations.
Ex-Tory MP defects to Reform UK as poll predicts 120-seat breakthrough
Former Dudley North MP Marco Longhi joins Nigel Farage’s Reform UK, claiming the Conservatives have drifted left. A new poll shows Reform could win 120 seats, shaking up the balance of power in Westminster.
Three quarters of ousted Tory MPs eyeing a return to Westminster
New polling reveals that three quarters of ousted Tory MPs are considering another run for parliament, amid Conservative soul-searching over social media strategy and calls for a stronger appeal to younger voters.
Cash withdrawal from Prince Andrew’s Pitch@Palace sparks questions over scheme’s future
Half of the cash balance at Pitch@Palace Global, the commercial arm of the Duke of York’s entrepreneurial platform, has been withdrawn in the space of a year, newly filed accounts reveal.
















