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Latest News:

  • Britain’s 240 crypto millionaires revealed in first HMRC cryptoasset tax data
  • EY urges junior staff back to the office as AI puts a premium on human skills
  • Young investors trust AI more than TV, radio or influencers, FCA finds
  • UK business confidence rebounds but firms want policy certainty first
  • Balcony solar panels reach UK shelves with promise of £110 a year off bills
  • Applied Nutrition closes in on £1bn valuation after raising guidance for third time this year
  • One of Britain’s oldest family firms to save £250,000 a year as energy scheme opens to forges
  • Burnham signals more energy bills support in budget as price cap rises 4 per cent
  • OnlyFans owner dividends topped $700m before his death
  • TikTok UK legal bill tops $1bn as regulators close in

Category: News

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

Lord Alan Sugar has invested in Rachel Woolford's business, R Nation, following her victory on The Apprentice. The investment includes a £250,000 stake and Sugar joining as a director.

Lord Sugar secures three-year deal to continue The Apprentice into his 80s

20 March 2025 Entrepreneurs, News Jamie Young 0 Comments

Lord Sugar has signed a new three-year deal with the BBC to remain on The Apprentice into his 80s, extending his tenure on the hit business show.

bentley pushes ahead with EV shift despite resistance from traditional customers

Bentley pushes ahead with EV shift despite resistance from traditional customers

20 March 2025 News Jamie Young 0 Comments

Bentley is pushing forward with its EV transition, despite resistance from some customers.

Polaron, a spin-out from Imperial College London, has developed a groundbreaking AI solution that reduces the time needed to create advanced materials—from years to mere days.

British start-up wins £1m AI prize for breakthrough slashing materials development from years to days

19 March 202519 March 2025 AI, Get Funded, News Paul Jones 0 Comments

A British start-up pioneering artificial intelligence to accelerate materials development has won the UK Government’s £1 million Manchester Prize.

Santander has announced plans to close 95 branches across the UK, putting around 750 jobs at risk as the bank continues to downsize its physical presence in response to changing customer habits.

Santander to close nearly 100 branches, putting 750 jobs at risk

19 March 2025 News Jamie Young 0 Comments

Santander is closing 95 branches across the UK, putting 750 jobs at risk. The bank cites the rise of digital banking as a key factor but promises investment in upgraded branches and alternative services.

HM Revenue & Customs (HMRC) has significantly increased the number of Research and Development (R&D) tax relief claims it has “corrected” using controversial powers, sparking concerns that the tax authority is bypassing due process.

HMRC accused of misusing powers to “correct” R&D tax relief claims

19 March 2025 Finance, News Jamie Young 0 Comments

HMRC has quadrupled the number of R&D tax relief claims it has “corrected” without opening formal enquiries, sparking concerns that legitimate businesses are being unfairly targeted.

Rachel Reeves is under pressure to ramp up government spending on research and development (R&D) to £30 billion by the end of the decade, as business leaders warn that the UK risks falling behind global innovation powerhouses.

Rachel Reeves urged to boost R&D spending to ‘world-leading’ levels

19 March 2025 News Jamie Young 0 Comments

CBI calls for £30bn research investment to drive UK innovation and economic growth

AstraZeneca abandoned plans for a £450 million expansion of its vaccine site in northwest England after the UK government failed to meet a critical funding deadline, the company’s UK chairman has told MPs.

Astrazeneca scrapped £450m vaccine plant after government missed funding deadline

19 March 2025 News Jamie Young 0 Comments

AstraZeneca scrapped a £450m vaccine plant in Liverpool after the UK government missed a critical funding deadline. The pharma giant warns Britain is becoming one of the hardest places to attract investment in new medicines.

Britain’s two largest steelmakers have warned that President Donald Trump’s tariffs are already causing a decline in business from American customers, with further economic damage expected in the months ahead.

Trump’s tariffs ‘already hitting Britain’s steel exports’

19 March 2025 News Jamie Young 0 Comments

Britain’s steel industry is already feeling the impact of Trump’s tariffs, with Tata Steel and British Steel warning of lost business and a flood of cheap imports threatening the UK market.

Jonathan Reynolds

Jonathan Reynolds to push for UK steel tariff exemption in Washington talks

18 March 2025 News Jamie Young 0 Comments

Jonathan Reynolds is urging Donald Trump’s administration to exempt British steel from tariffs as the UK seeks a wider trade deal. With the OECD warning of slower UK growth, negotiations in Washington will be critical for British industry.

The pound has surged to a four-month high against the US dollar as concerns over Donald Trump’s escalating trade war spark fears of an American recession.

Pound hits four-month high as Trump’s tariff war rattles markets

18 March 2025 News Jamie Young 0 Comments

The pound has hit a four-month high against the dollar as Donald Trump’s tariff war stokes fears of a US recession. Investors are fleeing American stocks, with UK and European markets benefitting from the turmoil.

Former Liverpool footballer and Sky Sports pundit Phil Thompson has lost his IR35 appeal at the Upper Tier Tribunal, leaving him with a tax bill of nearly £300,000 after being deemed a ‘disguised employee’ of Sky Sports.

Former Liverpool star Phil Thompson loses £300,000 IR35 tax appeal

18 March 2025 Finance, News Jamie Young 0 Comments

Former Liverpool footballer and Sky Sports pundit Phil Thompson has lost his IR35 appeal, leaving him with a £300,000 tax bill. Find out why HMRC ruled him a ‘disguised employee’ and what it means for freelancers.

The UK’s economic growth forecast has been downgraded by the Organisation for Economic Cooperation and Development (OECD), which has urged global leaders to de-escalate rising trade tensions.

UK economy downgraded as OECD warns of trade war fallout

18 March 2025 News Jamie Young 0 Comments

The UK’s economic growth forecast has been downgraded by the OECD amid rising global trade tensions. Find out how US tariffs and inflationary pressures could impact Britain’s economy and business outlook.

The UK’s borrowing bill once again exceeded expectations in August, adding pressure on Chancellor Rachel Reeves ahead of Labour’s first budget on 30 October.

Reeves meets regulators to tackle red tape as growth forecasts cut again

17 March 2025 News Jamie Young 0 Comments

Chancellor Rachel Reeves is wert to meet with senior representatives from eight key regulatory bodies on today, seeking to strip away bureaucracy and accelerate economic growth in the face of fresh warnings about the UK’s outlook.

A second term for Donald Trump promises to revive “Trumponomics” – policies defined by protectionism, deregulation, and strong-arm geopolitical tactics.

Americans increasingly wary of Trump’s tariff push as new poll reveals mounting anxieties

17 March 2025 News Jamie Young 0 Comments

Americans are growing ever more uneasy about Donald Trump’s aggressive tariff strategy, despite the former president’s fervent reassurances.

Recruiters have reported a marked increase in vacancies for construction jobs across the UK, indicating a tentative rebound in activity in a sector that has recently endured sluggish growth.

Construction firms drive new hiring surge amid improving market outlook

17 March 2025 News Jamie Young 0 Comments

A recent Recruitment and Employment Confederation (REC) report shows rising demand for construction workers, gardeners, and teachers, hinting at renewed business confidence in the UK.

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Latest Content

The UK has emerged as one of the major hubs for crypto adoption, with over 7 million adults (around 12% of the population) owning digital assets.

Britain’s 240 crypto millionaires revealed in first HMRC cryptoasset tax data

The first HMRC figures on crypto capital gains show 240 people declared more than £1 million each in the 2024 to 2025 tax year, as new international rules prepare to hand customer records from crypto exchanges to the taxman from 2027.

EY urges junior staff back to the office as AI puts a premium on human skills

Young investors trust AI more than TV, radio or influencers, FCA finds

UK business confidence rebounds but firms want policy certainty first

Balcony solar panels reach UK shelves with promise of £110 a year off bills

Applied Nutrition closes in on £1bn valuation after raising guidance for third time this year

One of Britain’s oldest family firms to save £250,000 a year as energy scheme opens to forges

Burnham signals more energy bills support in budget as price cap rises 4 per cent

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