
Folding bike pioneer Flit raises £1.2m to challenge Brompton’s dominance
Cambridge-based Flit secures £1.2m to boost production of its innovative folding electric bikes, challenging Brompton by pioneering a lighter, non-welded frame design.
The latest news affecting small and medium sized (SME) businesses in the UK

Cambridge-based Flit secures £1.2m to boost production of its innovative folding electric bikes, challenging Brompton by pioneering a lighter, non-welded frame design.

Dyslexic entrepreneur Hugh Johnston clinches Sir Richard Branson’s support after pitching his Tyypo app in Virgin’s ‘Elevator of Dreams’, igniting a surge in sign-ups and spotlighting…

Only 11.5% of first-time buyers can afford to purchase without family help, warns Skipton Group, as looming stamp duty changes and rising house prices fuel a…

UK company insolvencies reach their highest January total since 2009, as directors shutter businesses ahead of Rachel Reeves’s tax hikes and wage increases.

Britain is now the least favoured market among global fund managers, says Bank of America, as slow growth and stubborn inflation deter investment.

Hospitality and retail brace for a £25bn National Insurance hike and rising wages this April, prompting layoffs, price hikes, and fears of closures as businesses scramble…

UK pay growth rose 6% at the end of 2024, outpacing inflation and lifting real wages by 3.4%. Find out what this means for workers, the…

Property sales climbed 15% in January as UK buyers scrambled to beat the new stamp duty hike.

Barclays and NatWest are removing climate targets from their annual executive bonuses, shifting sustainability goals into long-term incentives amid a broader move away from ESG-linked pay.

Gordon Ramsay merges his UK and US restaurant operations into a London-headquartered group with Lion Capital, bolstering global expansion for his Michelin-starred and casual dining portfolio.

Lloyds must release the unedited Dobbs review on its alleged £1bn HBOS fraud cover-up, says Dame Meg Hillier, citing transparency concerns amid delays.

UK businesses are preparing for mass layoffs as confidence hits a decade low, with rising taxes and wage costs driving fears of higher unemployment and stalled…

Jeff Bezos’ space firm Blue Origin is laying off 1,400 employees as part of a strategic shift to scale up rocket manufacturing and launch cadence. The…

The UK economy unexpectedly grew by 0.1% in the final quarter of 2024, boosted by construction and services. However, rising taxes and cautious business sentiment raise…

The UK government is seeking an exemption from Donald Trump’s proposed 25% tariffs on steel exports, arguing Britain’s small export share and defence links justify special…