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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 record number of UK businesses are facing significant financial distress, underlining the precarious state of the economy as Chancellor Rachel Reeves prepares to unveil her first budget on 30 October.

Invest in Women Taskforce secures over £250m to boost UK female entrepreneurship

26 November 2024 News Jamie Young 0 Comments

The Invest in Women Taskforce secures over £250 million to support UK female entrepreneurs. Backed by major financial institutions, the initiative aims to boost female-led businesses through significant investment.

Cryptocurrency ownership in the UK has reached unprecedented levels, with seven million adults now holding digital assets—up from five million in 2022.

Seven million Britons embrace crypto as Bitcoin soars to $95,000

26 November 2024 News Jamie Young 0 Comments

Crypto ownership in the UK hits seven million as bitcoin soars to $95,000. Explore how rising investments and misconceptions about protection are shaping Britain’s crypto landscape.

Shoppers are expected to face higher prices as retailers grapple with increased costs resulting from recent budget measures, the British Retail Consortium (BRC) has warned.

Retailers warn of inevitable price rises due to budget measures

26 November 2024 News Jamie Young 0 Comments

UK retailers warn of inevitable price hikes as budget measures add £7 billion in costs. Discover how national insurance increases, wage rises, and new levies are set to impact shoppers and businesses.

Tourists visiting the UK may soon be asked to pay local visitor levies as councils consider introducing overnight stay charges to support services strained by over-tourism.

Millions of UK tourists could face new visitor levies as councils seek to fund services

25 November 2024 News Jamie Young 0 Comments

UK councils consider visitor levies to tackle over-tourism and fund services. Discover how the proposed charges aim to support sustainability and improve infrastructure in popular destinations.

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.

Enforced office mandates drive workers to seek flexible roles

25 November 2024 News Jamie Young 0 Comments

A surge in job applications highlights dissatisfaction with strict return-to-office mandates. Discover why hybrid working is crucial for retaining top talent and staying competitive in the job market.

The UK faces an imminent threat of crippling cyber attacks from Russia, capable of "turning out the lights for millions," a senior minister will warn at a NATO cyber defence conference in London.

Putin poised to unleash cyber attacks on UK, minister warns

25 November 2024 News Jamie Young 0 Comments

The UK faces an imminent threat of crippling cyber attacks from Russia, capable of “turning out the lights for millions,” a senior minister will warn at a NATO cyber defence conference in London.

Nearly two-thirds of UK companies are set to scale back hiring plans in response to the Chancellor's £40bn tax hike, according to new polling by the Confederation of British Industry (CBI).

UK Companies Slash Hiring Plans Following Reeves’s Tax Increases

25 November 2024 News Jamie Young 0 Comments

Nearly two-thirds of UK companies are set to scale back hiring plans in response to the Chancellor’s £40bn tax hike, according to new polling by the Confederation of British Industry (CBI).

Christmas hiring is revitalizing Britain's job market, with annual salaries increasing at the fastest rate in three years, according to recent figures.

Salaries in the UK Rise at Fastest Rate in Three Years Amid Christmas Hiring Surge

25 November 2024 News Jamie Young 0 Comments

UK salaries rise at the fastest rate in three years amid Christmas hiring, with average advertised salaries up 6%. Competition intensifies as job seekers per vacancy reach highest level since 2021, and green job adverts surge.

Liz Truss has been forced to abandon plans to raise pensions by average earnings alone next year, which could have saved the government as much as £5 billion a year.

British pension savers set to benefit from Trump’s pro-business policies

22 November 2024 News Jamie Young 0 Comments

British pension savers stand to gain from Trump’s pro-growth policies as US markets surge, boosting funds invested in American assets. Meanwhile, Rachel Reeves’s proposed pension reforms aim to create £80bn “megafunds” to drive UK investment.

Pimlico Plumbers founder Charlie Mullins is selling his £12m penthouse and leaving the UK due to fears of a Labour tax hike. Learn about his plans and new business ventures abroad.

Italy, Abu Dhabi, and Cyprus Court Britain’s Wealthy Amid Non-Dom Tax Changes

22 November 2024 News Jamie Young 0 Comments

Countries like Italy, Abu Dhabi, and Cyprus are courting Britain’s wealthy non-doms following the UK’s decision to abolish the non-dom tax status, leading to a potential exodus of high-net-worth individuals.

A significant majority of UK professionals are increasingly reluctant to change jobs, with 71% expressing hesitation due to concerns over job security, according to a recent poll by global recruitment firm Robert Walters.

AI Tools Enhance Productivity Without Reducing Jobs, Say European Start-Ups

22 November 2024 AI, News Jamie Young 0 Comments

European tech start-ups report that AI tools boost productivity without causing job losses, according to an Index Ventures study, with companies using AI to enhance roles and address labor shortages.

The ongoing surge in e-commerce has reshaped retail dynamics, necessitating a profound focus on meeting customer demands and surpassing expectations in fulfillment and shipping.

Business Owners Criticise Tax Hikes, Urge Chancellor Not to Hinder Growth

22 November 202422 November 2024 News Jamie Young 0 Comments

Business owners criticize recent tax hikes, including increased employer National Insurance contributions and inheritance tax on family firms, urging the government not to hinder growth and investment.

A growing number of individuals over the age of 50 are embarking on second careers in entirely new fields, redefining traditional career trajectories and contributing significantly to the UK's workforce.

Thousands of Over-50s Embrace Second Careers to Pursue New Passions

22 November 202422 November 2024 News Jamie Young 0 Comments

An increasing number of over-50s are launching second careers in new fields, contributing to workforce growth and redefining retirement.

Royal Mail has blamed strike action for helping send it slumping to a full-year loss of more than £1 billion.

Royal Mail warns of £120 million cost increase due to National Insurance rise

22 November 202422 November 2024 News Jamie Young 0 Comments

Royal Mail warns of a £120 million cost increase due to the rise in employer National Insurance contributions, adding pressure to the loss-making business and prompting calls for urgent universal service reform.

Nish Kankiwala, chief executive of the John Lewis Partnership, has accused Chancellor Rachel Reeves of implementing a "two-handed" tax grab on retailers, joining a growing backlash against the recent Budget.

John Lewis CEO criticises Rachel Reeves over ‘two-handed’ tax increase

21 November 202421 November 2024 News Jamie Young 0 Comments

John Lewis CEO Nish Kankiwala criticizes Chancellor Rachel Reeves over increased National Insurance and delayed business rates reform, joining retailers’ backlash against the Budget’s impact on costs.

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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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