Bitcoin hits $94,000 as Trump pledges to make the US the “crypto capital,” fueling optimism for a pro-crypto regulatory environment and pushing inflows into digital assets.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Moody’s warns car finance scandal could cost lenders £30bn
Moody’s warns that the mis-selling scandal in motor finance could cost lenders up to £30bn in compensation, mirroring the PPI crisis and impacting both major banks and smaller lenders.
UK inflation rises to 2.3% in October on higher energy costs
UK inflation hit 2.3% in October, exceeding forecasts and the Bank of England’s target, due to rising energy bills. Learn how higher costs impact the economy and future interest rates.
Bailey warns employer tax hikes may delay interest rate cuts
Bank of England Governor Andrew Bailey warns that employer National Insurance hikes could delay future interest rate cuts, as businesses face rising costs and potential job losses.
France targets UK businesses with ‘Choose France’ campaign amid tax concerns
France launches “Choose France” campaign in UK to attract businesses amid tax concerns, featuring adverts in major newspapers and aiming to capitalise on investment opportunities.
Farmers accuse government of ‘betrayal’ over inheritance tax changes
Farmers stage mass protest against UK government’s inheritance tax changes, calling them a “betrayal” that threatens family farms. NFU disputes Treasury figures, urging policy reversal.
Reeves’s National Insurance hike prompts firms to consider moving jobs abroad
Businesses consider moving tens of thousands of UK jobs abroad after Reeves’s National Insurance hike, as recruiters warn of offshoring to cope with increased costs from the Budget.
Trump’s tariff plans could cost UK economy £20bn, analysts warn
Analysts warn that Donald Trump’s proposed tariffs could cost the UK economy £20bn, urging ministers to bolster green technology to mitigate the impact.
Begbies Traynor predicts surge in insolvencies following budget impact
Begbies Traynor, one of Britain’s leading corporate restructuring firms, anticipates a rise in the number of businesses facing financial distress in the coming months due to the recent budget changes.
Female FTSE 100 board members earn 69% less than male counterparts
Female board members in FTSE 100 firms earn 69% less than men, highlighting a persistent gender pay gap. Discover how women’s roles and pay differ at the top of UK businesses.
Evri doubles profits after record year for parcel deliveries
Evri doubles profits to £119m after a record-breaking year with 14.9% growth in parcel deliveries. Learn how strategic investments and rising demand for second-hand goods boosted its performance.
Farmers protest inheritance tax changes as ministers unveil food supply plans
Farmers are set to protest over inheritance tax changes, claiming they threaten family-run farms. Ministers insist most won’t be affected and unveil food supply contingency plans.
Housing market rebounds after budget as buyer demand surges
Discover how the UK housing market is bouncing back after the Autumn Budget, with rising sales, buyer inquiries, and a positive outlook for 2024. Read more on market trends.
US-China trade war risks wiping £8.5bn from UK exports, warns Allianz Trade
Discover how a US-China trade war could cost UK exports up to £8.5bn. Learn about the risks to manufacturing, global trade, and economic resilience in this insightful report.
Meta hit with €800m fine by EU for antitrust breach in Facebook Marketplace case
Meta faces a €800m fine from the EU for unfairly linking Facebook Marketplace to its social network, marking the latest antitrust action by regulators against the tech giant.
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