The latest news affecting small and medium sized (SME) businesses in the UK
Multiverse reports 29% rise in sales to £58.4m, driven by AI training demand, but pre-tax losses widen to £60.6m. Euan Blair says workforce reskilling is key…
Elon Musk merges xAI and social media platform X in an $80bn deal to integrate AI with real-time user data. The move aims to boost growth…
UK retail sales rose 1% in February, outpacing forecasts despite weak consumer confidence. Clothing and homeware drove growth, raising hopes of a Bank of England rate…
WH Smith has sold its 480 UK high street stores to Modella Capital for £76m, ending a 233-year legacy. Stores will be rebranded as TG Jones…
Trump’s 25% tariffs on imported cars and parts hit European and UK carmakers hard, wiping billions off valuations and threatening exports. Experts warn of a major…
The UK faces nearly £600bn in debt interest payments over five years, according to the OBR, amid weaker growth, rising inflation and one of the highest…
Next joins elite group of UK retailers posting over £1bn in annual profit, but warns of headwinds from tax rises and slowing consumer confidence in second…
Up to 2,700 jobs are at risk at British Steel’s Scunthorpe steelworks after its Chinese owner, Jingye Group, announced plans to shut down the site’s two…
Business leaders react to Rachel Reeves’s spring statement, criticising missed opportunities for SMEs and warning of rising costs, weak confidence and underwhelming support for innovation.
Rachel Reeves’s 2025 spring statement unveils £14bn in cuts, £2.2bn defence boost, and AI-led civil service reforms. Here’s what it means for the economy and business.
Chancellor Rachel Reeves announces £3.25bn investment in AI and public service reform to drive growth, boost efficiency and modernise the UK economy amid slowing GDP.
Fevertree posts strong full-year results as US sales rise 9%, offsetting a dip in UK performance. Profits jump 66% and a £100m shareholder return is on…
UK inflation eased to 2.8% in February, surprising economists. But with energy-driven price pressures ahead, the Bank of England remains cautious on rate cuts.
A landmark Court of Appeal decision strengthens businesses’ ability to recover hidden energy broker commissions, setting a new legal precedent for transparency and accountability in the…
UK retail sales declined for the sixth consecutive month in March, with confidence hit by global tensions and fiscal uncertainty, according to the CBI’s latest survey.