The latest news affecting small and medium sized (SME) businesses in the UK
The UK government proposes extending the sugar tax to milk-based drinks like milkshakes, aiming to tackle excess sugar consumption despite criticism over rising costs.
Labour’s benefit cuts risk costing the UK economy over £38bn a year, says the Trussell Trust, as rising poverty places further pressure on public services and…
UK supermarkets ramp up promotions, spending £347m on deals to stay competitive as grocery inflation rises to 3.8%, according to Kantar’s latest market report.
President Trump is set to ease the impact of car tariffs by reimbursing US automakers for imported parts and preventing double duties, offering relief to the…
Airbus takes control of Spirit AeroSystems’ Belfast and Prestwick sites, securing key A220 and A320 components as it strengthens its UK wing manufacturing operations.
HSBC sets aside $876m for bad loans as Trump’s tariffs disrupt global trade, with the Asia-focused bank warning of further provisions and economic uncertainty ahead.
Small exporters from the North East of England will pitch to buyers from 19 countries at the launch of the government’s “Made in the UK, Sold…
More than 25% of UK workers fear AI could lead to job losses, prompting Acas to urge employers to develop clear policies and reassure staff over…
Deliveroo founder and chief executive Will Shu stands to gain more than £172 million if a proposed £2.7 billion takeover by US food delivery giant DoorDash…
A £90 billion lending gap is stifling UK small business growth, with SMEs discouraged from borrowing due to a shift towards low-risk, property-backed loans, new research…
US Treasury Secretary Scott Bessent criticises the IMF for ignoring global trade imbalances and focusing on climate and diversity, calling for urgent reforms and tougher scrutiny…
Bank of England governor Andrew Bailey acknowledges US concerns over global trade imbalances and China’s export model, as UK braces for impact of Trump’s escalating tariff…
HMRC inheritance tax receipts hit a record £8.2bn in 2024-25, driven by frozen allowances and rising asset values. Further changes to pensions and farmland relief set…
Chancellor Rachel Reeves to review the UK’s low-value import tax loophole, targeting cheap goods from China and aiming to protect British retailers from unfair competition.
Chancellor Rachel Reeves rules out lowering UK food and vehicle import standards, including chlorinated chicken and hormone-treated beef, ahead of US trade negotiations in Washington.