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Latest News:

  • Britain’s 240 crypto millionaires revealed in first HMRC cryptoasset tax data
  • EY urges junior staff back to the office as AI puts a premium on human skills
  • Young investors trust AI more than TV, radio or influencers, FCA finds
  • UK business confidence rebounds but firms want policy certainty first
  • Balcony solar panels reach UK shelves with promise of £110 a year off bills
  • Applied Nutrition closes in on £1bn valuation after raising guidance for third time this year
  • One of Britain’s oldest family firms to save £250,000 a year as energy scheme opens to forges
  • Burnham signals more energy bills support in budget as price cap rises 4 per cent
  • OnlyFans owner dividends topped $700m before his death
  • TikTok UK legal bill tops $1bn as regulators close in

Category: News

The latest news affecting small and medium sized (SME) businesses in the UK

A federal appeals court has upheld a law requiring TikTok’s Chinese parent company, ByteDance, to sell the app to a non-Chinese entity by mid-January or face a ban in the United States.

Court upholds law forcing TikTok ban or sale in the United States

6 December 2024 Legal, News, Technology Jamie Young 0 Comments

Federal judges move TikTok closer to U.S. ban as ByteDance faces January deadline

Sainsbury’s warns that unclear tax proposals from the Chancellor are dampening consumer confidence, with shoppers holding off on big-ticket purchases. The supermarket urges clarity ahead of the Budget.

Rachel Reeves urged to approach China talks with pragmatism

5 December 2024 News Business Matters 0 Comments

Renewed UK-China economic dialogue offers opportunity for mutual growth

As a seasoned professional in the field of recruitment, I've had the privilege of witnessing firsthand the transformative impact that gender diversity can have on businesses of all sizes.

Community lenders unlock £1bn to support small firms rejected by banks

5 December 2024 News Paul Jones 0 Comments

Community finance initiative set to transform lending for underserved businesses

Gary Lineker and HMRC settle IR35 dispute out of court

Case closed: HMRC settles £4.9m tax case with Gary Lineker

5 December 2024 Finance, Legal, News Paul Jones 0 Comments

Gary Lineker and HMRC settle IR35 dispute out of court

Rachel Reeves is expected to make climate change a core priority for the Bank of England in her first Budget as Chancellor, calling on Governor Andrew Bailey to give environmental concerns the same weight as economic growth.

Andrew Bailey: UK likely to avoid worst impact of Trump’s tariffs

4 December 20244 December 2024 News Business Matters 0 Comments

UK’s services-based economy could shield it from Trump’s proposed tariffs

Steelworkers at Tata Steel are poised to take decisive action in response to impending job cuts, as unions gear up to ballot members on potential strike action.

Ministers consider renationalising British Steel to save thousands of jobs

4 December 2024 News Jamie Young 0 Comments

Government weighs nationalisation as British Steel’s future hangs in the balance

back to work commuters

UK growth forecast upgraded after Reeves’s £70bn spending boost

4 December 2024 News Jamie Young 0 Comments

OECD warns of rising debt and inflation despite UK growth upgrade

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.

Business lobby groups criticised for failing to block national insurance hike

4 December 2024 News Jamie Young 0 Comments

Business groups accused of weak advocacy over national insurance rise.

The Bank of England has warned that escalating trade wars, geopolitical instability, and mounting global debt levels are amplifying risks to the UK’s financial system.

Bank of England warns of growing financial risks from trade war

2 December 2024 News Jamie Young 0 Comments

Rising global tensions and economic fragmentation heighten risks to UK financial stability

BAE Systems ramps up investment in skills with record trainee intake

BAE Systems to recruit record 2,400 trainees in 2025

2 December 2024 News Jamie Young 0 Comments

BAE Systems ramps up investment in skills with record trainee intake

carlos_Tavares

Stellantis chief quits following fallout over Luton van factory closure

2 December 2024 News Jamie Young 0 Comments

Stellantis CEO Carlos Tavares steps down amidst internal disputes and market pressures

Asda faces financial challenges, including a £900m repayment to Walmart by 2028, prompting scrutiny over its debt structure and raising questions about the future of the UK supermarket giant.

Asda faces financial challenges as £900m Walmart repayment looms

2 December 20242 December 2024 News Business Matters 0 Comments

Concerns are growing over Asda’s financial stability as the UK supermarket giant faces a £900 million repayment to its former owner, Walmart, by 2028.

Young professionals are leaving the UK in favour of sunnier climates and more favourable tax regimes in Southern Europe, according to Vlad Yatsenko, the billionaire co-founder and chief technology officer of digital banking giant Revolut.

Revolut co-founder warns of British talent exodus amid remote working shift

30 November 2024 News Paul Jones 0 Comments

Young professionals are leaving the UK in favour of sunnier climates and more favourable tax regimes in Southern Europe, according to Vlad Yatsenko, the billionaire co-founder and chief technology officer of digital banking giant Revolut.

97305493_Lord_Sugar_381801c

Lord Sugar’s life to be adapted into major television series

30 November 202430 November 2024 Entrepreneurs, News Paul Jones 0 Comments

In a move set to captivate audiences across the nation, Lord Alan Sugar’s remarkable journey from modest beginnings to becoming one of the UK’s most prominent business figures is being adapted into a television drama series.

On The Tools apologises after criticism for hiring women in revealing construction-themed costumes at industry event, highlighting ongoing gender issues in the sector.

Construction awards face sexism backlash over performers in tight-fitting PPE outfits

29 November 2024 News Jamie Young 0 Comments

On The Tools apologises after criticism for hiring women in revealing construction-themed costumes at industry event, highlighting ongoing gender issues in the sector.

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Latest Content

The UK has emerged as one of the major hubs for crypto adoption, with over 7 million adults (around 12% of the population) owning digital assets.

Britain’s 240 crypto millionaires revealed in first HMRC cryptoasset tax data

The first HMRC figures on crypto capital gains show 240 people declared more than £1 million each in the 2024 to 2025 tax year, as new international rules prepare to hand customer records from crypto exchanges to the taxman from 2027.

EY urges junior staff back to the office as AI puts a premium on human skills

Young investors trust AI more than TV, radio or influencers, FCA finds

UK business confidence rebounds but firms want policy certainty first

Balcony solar panels reach UK shelves with promise of £110 a year off bills

Applied Nutrition closes in on £1bn valuation after raising guidance for third time this year

One of Britain’s oldest family firms to save £250,000 a year as energy scheme opens to forges

Burnham signals more energy bills support in budget as price cap rises 4 per cent

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