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Latest News:

  • Burnham’s business rates adviser called for £9bn tax cut for high streets
  • Colman’s Mustard put up for sale as Unilever clears path for £48bn McCormick merger
  • Britain’s 240 crypto millionaires revealed in first HMRC cryptoasset tax data
  • EY urges junior staff back to the office as AI puts a premium on human skills
  • Young investors trust AI more than TV, radio or influencers, FCA finds
  • UK business confidence rebounds but firms want policy certainty first
  • Balcony solar panels reach UK shelves with promise of £110 a year off bills
  • Applied Nutrition closes in on £1bn valuation after raising guidance for third time this year
  • One of Britain’s oldest family firms to save £250,000 a year as energy scheme opens to forges
  • Burnham signals more energy bills support in budget as price cap rises 4 per cent

Category: News

The latest news affecting small and medium sized (SME) businesses in the UK

Tens of thousands of middle-income families face being investigated by the taxman after the government changed the law to go after people who had “unwittingly” overclaimed child benefit.

Family businesses face £1.4bn tax blow as Labour considers inheritance tax overhaul

16 July 2024 News Business Matters 0 Comments

Labour’s potential scrapping of inheritance tax relief could impose a £1.4bn annual burden on family businesses, risking closures and job losses. FBUK seeks assurances from the new government amid growing concerns.

A booming mortgage market and an economic recovery that made it less likely that Covid-hit borrowers would default on loans helped Lloyds Banking Group double its profits in the three months to September.

Lloyds to repurpose old buildings into affordable housing

16 July 2024 News Business Matters 0 Comments

UK’s leading mortgage lender initiates social housing project starting with a data centre in West Yorkshire

Truth Social's parent company sees significant gains, netting former president a $1.2 billion paper profit

Trump media company shares soar after attempted assassination

16 July 2024 Get Funded, News Business Matters 0 Comments

Truth Social’s parent company sees significant gains, netting former president a $1.2 billion paper profit

Almost six in ten small and medium-sized businesses say they prefer a hybrid style of working which combines home working with going into the office, according to new research. 

Remote working paradox: just 7% of CEOs work full-time in the office despite calls for staff return

15 July 202415 July 2024 News Business Matters 0 Comments

Discover the paradox in UK offices: only 7% of CEOs work full-time in the office despite calls for staff to return. Explore the implications and reactions from business leaders and politicians.

Developers are preparing for a green belt "gold rush" following Chancellor Rachel Reeves' commitment to cut planning red tape and initiate a housebuilding surge across the UK.

Property developers prepare for green belt ‘gold rush’ as Chancellor pushes for building revival

15 July 2024 News Business Matters 0 Comments

Developers gear up for a green belt “gold rush” as the Chancellor’s push to cut planning red tape aims to revive UK housebuilding.

Britain’s creaking power grid is threatening the expansion of the studio where Star Wars and James Bond were filmed, its chairman has warned.

James Bond studio expansion held back by UK power grid delays

15 July 2024 News Business Matters 0 Comments

Britain’s creaking power grid is threatening the expansion of the studio where Star Wars and James Bond were filmed, its chairman has warned.

British luxury chocolatier Hotel Chocolat plans to open 25 new stores across the UK, supported by its new owner, US confectionery giant Mars.

Hotel Chocolat to open 25 new stores with Mars backing

15 July 2024 News Business Matters 0 Comments

British luxury chocolatier Hotel Chocolat plans to open 25 new stores across the UK, supported by its new owner, US confectionery giant Mars.

Savills, a leading estate agency, has revised its house price forecast for this year, projecting a growth of 2.5 percent, a significant turnaround from its previous prediction of a 3 percent fall.

UK housing market poised for buoyant autumn as interest rate cuts loom

15 July 2024 News Business Matters 0 Comments

The UK housing market is anticipated to experience a buoyant autumn, driven by a potential interest rate cut and enhanced political stability, experts suggest.

London Gateway is set to compete with Felixstowe to become the UK's largest port with the opening of a fourth berth. Discover how this expansion will increase capacity and challenge Felixstowe’s dominance.

London gateway looks to surpass felixstowe as UK’s leading port with new berth

15 July 202415 July 2024 News Business Matters 0 Comments

London Gateway is set to compete with Felixstowe to become the UK’s largest port with the opening of a fourth berth. Discover how this expansion will increase capacity and challenge Felixstowe’s dominance.

Football fans boost the British economy by £3.1bn during the Euros, with significant spending expected for the final. Explore the economic impact and preparations for England vs. Spain.

Euros fever adds £3bn boost to British economy

14 July 202415 July 2024 News Business Matters 0 Comments

Football fans have provided a substantial £3.1 billion boost to the British economy over the past four weeks as Euros fever grips the nation.

NatWest, the UK's largest business bank with 1.5 million business customers, is set to provide expedited access to loans of up to £250,000 within 24 hours of application, in response to increasing competition from alternative lenders.

Last bank in paddock wood closes, impacting local community

12 July 2024 News Business Matters 0 Comments

NatWest closes its Paddock Wood branch, leaving the Kent town without a bank. Residents directed to Post Office and online services as local banking options dwindle.

14-Brighton-Pier

Calls for regulation of short-term holiday lets in brighton

12 July 2024 News Business Matters 0 Comments

Green councillor Ellen McLeay is urging Brighton & Hove City Council to take action against the growing issue of short-term holiday lets impacting the local rental and housing markets.

Three oil and gas companies have postponed a decision on a new North Sea development due to uncertainty over potential windfall tax increases under a prospective Labour government.

Labour faces legal quandary over proposed North Sea licence ban

12 July 2024 News Business Matters 0 Comments

Labour faces a legal quandary over its plan to ban new North Sea licences amidst an ongoing licensing round, risking litigation from companies. The government seeks legal advice to honour its clean energy pledge without provoking legal challenges.

S&P Global has issued a stark warning about the UK’s fiscal outlook, highlighting the nation's high debt levels as a significant weakness for its sovereign debt status.

Rachel Reeves unveils new economic advisory council to drive UK growth

12 July 2024 News Business Matters 0 Comments

Rachel Reeves announces a new Economic Advisory Council chaired by LSE’s John Van Reenen to guide Labour’s mission for UK economic growth. The council will include top experts like Anna Valero, aiming to drive a decade of national renewal.

Heathrow

Heathrow forced into bigger cut of passenger landing fees

11 July 2024 News Business Matters 0 Comments

Heathrow Airport has been compelled to reduce the landing fees it charges airlines following intervention by the competition regulator.

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Latest Content

Andy Burnham's new business rates adviser has previously called for up to £9bn of tax cuts for businesses, arguing the levy had become an "increasingly excessive burden" on firms.

Burnham’s business rates adviser called for £9bn tax cut for high streets

The man appointed by Andy Burnham to lead the business rates review for pubs and hotels has previously called for the tax to be cut by up to £9bn a year, giving a strong hint of the scale of reform he may put in front of the Prime Minister next March.

Colman’s Mustard put up for sale as Unilever clears path for £48bn McCormick merger

Britain’s 240 crypto millionaires revealed in first HMRC cryptoasset tax data

EY urges junior staff back to the office as AI puts a premium on human skills

Young investors trust AI more than TV, radio or influencers, FCA finds

UK business confidence rebounds but firms want policy certainty first

Balcony solar panels reach UK shelves with promise of £110 a year off bills

Applied Nutrition closes in on £1bn valuation after raising guidance for third time this year

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