The latest news affecting small and medium sized (SME) businesses in the UK
Sterling faces sharp sell-off as investors brace for Rachel Reeves’s spring statement and £15bn in spending cuts. Analysts warn of underpriced volatility and fragile market sentiment.
Chinese electric vehicle giant BYD has overtaken Tesla in global EV revenues, reporting over $100bn in annual sales. As BYD ramps up in Europe, Tesla faces…
Genetic testing firm 23andMe has filed for bankruptcy, with its CEO stepping down to bid for the business. A major data breach and collapsing revenues have…
Donald Trump’s renewed steel tariffs could affect over £2.7bn of UK exports to the US, including high-value sectors like aerospace, agriculture and luxury manufacturing.
The UK’s life sciences sector is missing out on £15bn annually due to declining global competitiveness, falling exports and clinical trials, according to a new report…
New inheritance tax caps on business and agricultural relief could lead to 200,000 job losses and a £14bn hit to the UK economy, warns Family Business…
UK consumer confidence rose slightly in March, according to GfK, but remains well below average as households grapple with high interest rates and ongoing economic uncertainty.
Chancellor Rachel Reeves will announce £1.5bn in civil service cuts as part of wider plans to reduce Whitehall spending and restore fiscal headroom. Key frontline services…
Ofcom says the UK is on track to deliver full-fibre broadband to 96% of premises by 2027. The regulator’s latest review focuses on stable regulation, competition,…
The BBC, ITV, BT and IMG have been fined a combined £4.2 million after admitting to colluding on pay rates for freelance sports broadcasting staff, following…
JD Wetherspoon shares drop 10% after first-half profits fall short of forecasts due to rising labour and energy costs. Despite strong sales growth, the pub chain…
UK public borrowing has overshot forecasts by £20.4bn, reaching £132.2bn with one month left in the tax year. With the Spring Statement approaching, pressure mounts on…
HMRC inheritance tax receipts hit £7bn in just ten months, with record revenues expected by year-end.
UK high streets saw 35 shop closures a day in 2024, but PwC data shows signs of recovery as new store openings increase.
Eddie Jordan, the bold and charismatic Formula One team owner, has died aged 76. A true motorsport maverick, he launched Michael Schumacher’s career, led Jordan Grand…