The latest news affecting small and medium sized (SME) businesses in the UK
US dockworkers agree to end their three-day strike, securing a 62% wage increase over six years, following disruptions to ports across the east and Gulf coasts.
Oil prices recorded a 9% weekly gain amid escalating conflict in the Middle East, with Brent crude nearing $80 per barrel, its highest level since August.
The EU will introduce tariffs of up to 35% on Chinese electric vehicles, sparking fears of a trade war. Germany opposed the move, citing concerns for…
The motor industry urges the UK government to cut VAT on electric vehicles and public charging points to revive the EV market, which is struggling to…
Starling Bank has been fined £29m by the FCA for failing to maintain adequate controls against financial crime, leaving the system vulnerable to criminals and sanctioned…
UK-focused equity funds experience £666 million in withdrawals in September, reversing a recent revival as Labour's gloomy economic outlook causes investor confidence to wane.
Bank of England Governor Andrew Bailey suggests that the Bank may lower interest rates more aggressively if inflation continues to fall, but warns of potential oil…
A third of homes on the market are chain-free as landlords and second-homeowners sell amid concerns over potential capital gains tax changes in the upcoming Budget,…
Sainsbury’s warns that unclear tax proposals from the Chancellor are dampening consumer confidence, with shoppers holding off on big-ticket purchases. The supermarket urges clarity ahead of…
Tesco is reducing prices as inflation eases, reinforcing its position as the UK's largest supermarket. With profits rising and market share growing, Tesco expects a strong…
Tetley tea's owner, Tata Consumer Products, has launched legal action against striking workers, accusing them of trespassing during a pay dispute. GMB Union warns of potential…
An official report reveals that most businesses benefiting from £23bn in Covid grants could have survived without the aid, raising concerns over government spending. The report…
The Bank of England warns that the UK is at risk of a credit crunch, citing global market vulnerabilities and geopolitical tensions. While interest rates have…
UK government considers introducing flexible probation periods for workers returning from long-term sickness to encourage businesses to hire them without legal risk. Unions push back against…
Greggs rules out further price rises in 2023 despite a sales slowdown in the third quarter. CEO Roisin Currie remains optimistic, with plans for expansion and…