Business chiefs urge stability and warn against fresh tax rises after Sir Keir Starmer’s resignation leaves the UK facing its seventh prime minister in a decade.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
GMB warns MPs cost of not saving British Steel would have been ‘unfathomable’
GMB national secretary Charlotte Brumpton-Childs warns the Public Accounts Committee that the cost of not rescuing Scunthorpe steel, to the public purse and to communities, would have been unfathomable.
Eight in ten SME owners fear what an Andy Burnham premiership would mean for their business
Exclusive research finds more than 80% of 2,000 UK SME owners are fearful about what an Andy Burnham premiership would mean for their business after his Makerfield by-election win.
Brexit knocked 6% off the UK economy, Bank of England company data suggests
Bank of England company data points to a 6% Brexit hit to UK GDP over a decade, with uncertainty and trade barriers each taking a share, a new study finds.
O’leary signs on at Ryanair until 2032 in a deal that could be worth more than £130m
Ryanair boss Michael O’Leary has extended his contract to 2032 in a bonus deal that could be worth more than £130m, tied to profit and share-price targets.
Natwest to school all 60,000 staff in the ethics of AI
NatWest is putting all 60,000 staff through AI ethics training via a University of Edinburgh tie-up as chief executive Paul Thwaite pushes to lead UK banking’s race to automate.
Bloomberg bets big on London, pledging £400m-plus to power a green jobs boom
Michael Bloomberg backs London with more than £400m in new climate funding during London Climate Action Week, betting that the green transition will drive UK jobs and investment.
UK unemployment falls to 4.9% as pay growth beats forecasts before Bank of England verdict
UK unemployment fell to 4.9% in the three months to April as pay growth outpaced forecasts, handing the Bank of England fresh data hours before its rate decision.
Tim Cook says Apple price rises are ‘unavoidable’ as memory chip crunch bites
Tim Cook says Apple price rises are “unavoidable” as AI-driven demand quadruples memory and storage chip costs. What the DRAM and NAND crunch means for buyers.
Bezos bets on Cambridge as Cuspai’s AI materials hunt hits $2.6bn
Jeff Bezos has backed Cambridge materials-discovery start-up CuspAI through Bezos Expeditions, in a $400m round that lifts its valuation to $2.6bn.
Manchester crowned best city outside London for women founders as the entrepreneurial map shifts north
Manchester is the UK’s leading city outside London to start a business, new research finds, as women founders back regional hubs over the capital.
Britain risks losing £250bn unless it grips the highest energy bills in the G7
Britain risks forfeiting £250bn over the next decade, 8% of GDP, unless it tackles the G7’s highest electricity costs, PwC warns, urging a government-led national energy plan.
Mark Dixon hands the reins of his Regus empire to a new chief after nearly 40 years
The founder of the world’s largest serviced office provider is stepping back from the day-to-day running of the business he built from a single idea in a Brussels coffee shop.
Trump threatens 100% tariff on French wine as Macron digs in over digital tax
President Trump has reopened his long-running feud with Paris, warning that he will slap a 100 per cent tariff on French wine and champagne unless President Macron abandons France’s digital services tax, the 3 per cent levy that falls most heavily on America’s biggest technology firms.
Cut off from the world’s most powerful AI, Britain leans on Trump for a way back in
Downing Street is lobbying the White House for a UK carve-out after Donald Trump banned foreign access to Anthropic’s most advanced Claude models, citing security risks.
