
IMF urges Rachel Reeves to raise taxes and rein in spending to stabilise UK public finances
The IMF has urged Chancellor Rachel Reeves to raise taxes and control spending in her upcoming budget to address the UK's rising debt and public finance…
The latest news affecting small and medium sized (SME) businesses in the UK

The IMF has urged Chancellor Rachel Reeves to raise taxes and control spending in her upcoming budget to address the UK's rising debt and public finance…

UK inflation fell to 1.7% in September, its lowest level since 2021 and below the Bank of England’s 2% target, increasing the likelihood of interest rate…

Sir Keir Starmer hints at possible rise in employers' national insurance, while pledging to uphold Labour’s tax promises for workers. Business leaders warn of risks to…

The UK is set to create nearly 38,000 jobs and attract £63 billion in investment following the International Investment Summit, which focused on infrastructure, technology, and…

Stellantis, Vauxhall's parent company, will decide the future of its UK factories within weeks as it pushes for changes to electric vehicle sales targets amid a…

UK businesses are losing trust in HMRC as service levels drop, with inefficiencies impacting tax collection. Calls for urgent reform follow a record survey of over…

BYD is marking its second anniversary of expansion in Europe at the Paris Motor Show, showcasing its innovative electric vehicle line-up and highlighting its ambitious growth…

Britain is relying on just 1.13 million top-rate taxpayers to raise £124bn in income tax this year. The concentration of revenue on high earners raises concerns…

Saudi Arabia’s Public Investment Fund acquires a 40% stake in Selfridges, sparking optimism for the retailer’s future. The new partnership aims to revitalise the department store’s…

Mulberry's largest shareholder rejects a revised takeover bid from Frasers Group, calling it an "unwanted distraction" as the luxury brand works to recover from financial struggles.…

London City Airport's owners, including Canadian pension funds and Kuwait's Wren House, inject £130m to reduce debt as business travel struggles to recover post-pandemic.

Boeing's plan to cut 17,000 jobs globally raises concerns for over 4,000 UK workers, including staff at its Sheffield manufacturing facility, amid financial pressures and production…

Iberdrola, owner of Scottish Power, pledges £24bn investment to upgrade the UK’s energy grid and build new wind farms as part of its commitment to boost…

UK inflation is forecast to fall below the Bank of England's 2% target, increasing pressure on the MPC to cut interest rates, as inflation drops to…

The UK economy grew by 0.2% in August, driven by manufacturing and construction sectors, following two months of stagnation, according to official ONS figures.