News
Asos optimistic about turnaround despite £380m loss
ASOS optimistic about turnaround despite £380m loss, as inventory cuts and focus on full-price sales drive recovery
Tuesday 20 October 2026
The latest news affecting small and medium sized (SME) businesses in the UK
ASOS optimistic about turnaround despite £380m loss, as inventory cuts and focus on full-price sales drive recovery
Heavy discounting boosts electric car sales in the UK as manufacturers aim to meet government zero-emission targets and avoid fines. Discover the impact of price cuts…
The National Institute of Economic and Social Research warns that rising employers’ national insurance contributions will increase unemployment and slow job creation. Explore the projected impacts…
Sir James Dyson criticises Rachel Reeves' inheritance tax changes, warning they could "kill off" family businesses and stifle entrepreneurship. Learn more about the policy's potential impact.
UK high street braces for challenging Christmas season as new tax increases and rising wage costs threaten retailer profits and investment.
Unite union warns of legal action over cuts to winter fuel payments, arguing the policy leaves millions of UK pensioners at risk as colder months set…
Over 1,000 employees across 17 UK businesses start a six-month trial of the four-day workweek with no reduction in pay, aiming to boost work-life balance and…
n official review brands the Treasury's bank referral scheme a "total failure," with only 5% of referred small businesses securing finance. Discover the challenges impacting SME…
Private schools plan to sue Labour over VAT on fees, arguing it discriminates against special-needs and arts-focused institutions. Learn more about the legal challenge and its…
Chancellor Rachel Reeves’s £40bn tax increase, including hikes in National Insurance and Capital Gains Tax, is projected to slow the UK’s economic growth. Discover the implications…
In an unprecedented move, a Russian court fines Google $20 decillion over YouTube bans on pro-Kremlin channels. Discover the astronomical figure’s backstory and Google’s response.
Rachel Reeves announces the first Labour budget in 14 years, and the first to be delivered by a female Chancellor.
In her maiden Budget, Chancellor Rachel Reeves will urge the Bank of England to prioritise climate change on par with economic growth, reversing Jeremy Hunt’s 2023…
With speculation mounting over an inheritance tax raid in the Budget, investors are withdrawing funds from UK stocks, particularly small and mid-cap firms. Discover how Budget…
The UK's minimum wage will increase to £12.21 in April 2025, benefiting over three million workers. However, businesses warn the hike could impact hiring, investment, and…