
High Street closures set to surge in 2025 as business rates burden grows
Record-high shop closures are forecast for 2025 as business rates relief is cut, piling pressure on UK retailers and threatening the viability of independents.
The latest news affecting small and medium sized (SME) businesses in the UK

Record-high shop closures are forecast for 2025 as business rates relief is cut, piling pressure on UK retailers and threatening the viability of independents.

Economists predict the Bank of England will cut rates at least four times in 2025, aiming to bolster economic growth amid persistent wage inflation and rising…

The Bank of England’s plans for a “digital pound” have run into fresh skepticism, with concerns over privacy, costs, and conspiracy theories putting a possible Britcoin…

David Beckham’s business empire has delivered a bumper payoff worth almost $36 million, thanks to surging profits at DRJB Holdings, the company behind his global licensing…

Over 400 pubs across England and Wales have closed in 2024, pushing the total below 39,000. Rising costs, looming tax hikes, and diminished rates relief threaten…

British companies are gearing up for a stronger start to 2025, with fresh data suggesting that the majority expect higher turnover and increased hiring in the…

The Issa brothers plan to float their petrol station empire, EG Group, in the US at a potential £13bn valuation.

Luxury yacht maker Sunseeker faces criticism after announcing temporary layoffs for early 2025, citing supply chain disruption. Discover how the firm is supporting affected staff and…

Government contractors including Mitie and Churchill Group are negotiating contract hikes to offset NI and minimum wage rises—passing costs on to the taxpayer. Discover how these…

Middle-class parents have welcomed the government’s move to introduce a 20 per cent VAT charge on private school fees, according to education secretary Bridget Phillipson.

Over 40,000 UK taxpayers have already filed their 2023–24 Self Assessment returns during the festive period, according to HMRC. Discover how this early action could save…

Public sector pay has surged 6% above private sector wages under Labour, raising fears of higher inflation, extra taxes and fresh union disputes.

Repeated stamp duty rises have caused a 42% drop in prime London sales, warning of a potential Laffer curve effect on Treasury tax revenue.

Boxing Day spending set to top £4.6bn as Brits splurge £236 each, despite inflation worries, with more shoppers returning to high street deals.

Homebase is making a comeback in up to 70 rebranded The Range superstores next year, retaining its classic identity online and in key garden centre spaces.