The latest news affecting small and medium sized (SME) businesses in the UK
UK retailers slash prices as wet weather dampens consumer spending in September, pushing shop prices into their sharpest decline in three years. Food inflation edges higher…
Mulberry rejects an £83 million takeover bid from Mike Ashley’s Frasers Group, citing confidence in its future under new leadership. Frasers has until 28 October to…
Dr Leah Totton and Lord Alan Sugar secure a multi-million pound payout after selling a majority stake in their cosmetic clinic chain to private investment group…
Frasers Group offers £83m for luxury brand Mulberry after a surprise rights issue. The proposed takeover could see Mike Ashley's group expand further into the luxury…
Aston Martin shares plunge 20% after a profit warning linked to supply chain disruptions and production cuts. The luxury carmaker now expects 2024 volumes to fall…
Revised ONS figures reveal the UK economy grew faster than initially estimated in 2023, though it remains one of the slowest-growing G7 nations. Learn more about…
Next's Lord Wolfson sells a £29m stake ahead of potential capital gains tax changes in Rachel Reeves's first Budget. Investors brace for tax hikes amidst record…
Quorn's parent company, Marlow Foods, reports a £63m loss as demand for plant-based products declines. CEO Marco Bertacca cites inflation and rising costs as key challenges,…
Welsh Labour plans to revoke charitable status for private schools, adding to Sir Keir Starmer’s VAT proposals. Critics warn this could overwhelm the state school system…
Greater Manchester Mayor Andy Burnham warns of ‘Armageddon’ for the North without the completion of the HS2 link from Birmingham to Manchester, calling for a cheaper…
Kiki McDonough cuts prices by 20% to offset the effects of the "tourist tax" on luxury shopping, urging the government to reconsider VAT-free shopping to boost…
KPMG forecasts UK economy to grow by 1% in 2023, double previous expectations. Experts urge Chancellor Rachel Reeves to boost public investment to sustain growth momentum…
Prime Minister Keir Starmer urges the UK to endure short-term financial pain for long-term prosperity, as Labour tackles the £22 billion deficit ahead of next month’s…
Goldman Sachs forecasts the pound will hit $1.40 by next year, bolstered by UK growth and a measured reduction in interest rates by the Bank of…
GMB calls for the government to prioritise companies that recognise unions when awarding contracts after Amazon secured £1 billion in public work despite union-busting accusations.