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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

The finalists of the 2024 Black British Business Awards have been announced ahead of the gala in October.

Black British Business Awards announce 2024 finalists

11 July 2024 News Business Matters 0 Comments

The finalists of the 2024 Black British Business Awards have been announced ahead of the gala in October.

As a seasoned professional in the field of recruitment, I've had the privilege of witnessing firsthand the transformative impact that gender diversity can have on businesses of all sizes.

Staff allowed to choose working hours in new trial

11 July 2024 News Business Matters 0 Comments

A new trial by the official four-day week campaign gives hundreds of British workers more flexibility over their hours. The six-month project explores various working models, aiming to enhance work-life balance and productivity.

Apprentice

Millions of people not working is ‘unacceptable’ says Labour

11 July 2024 News Business Matters 0 Comments

Rising levels of worklessness demand ‘immediate action,’ declares Labour’s jobs minister Liz Kendall.

Sam Altman is to return as chief executive of OpenAI days after being fired from the ChatGPT creator.

Microsoft and Apple abandon OpenAI board seats amid regulatory scrutiny

11 July 2024 News, Technology Business Matters 0 Comments

Microsoft and Apple have stepped down from their OpenAI board observer roles amid regulatory scrutiny over big tech’s influence on AI start-ups. This move aims to address competition concerns and maintain independence.

Analysis of Bureau of Labor Statistics data highlights state-specific trends in work hours and productivity.

New York working hours increase by 2.4% but productivity drops by 1.8%

10 July 2024 News Business Matters 0 Comments

Analysis of Bureau of Labor Statistics data highlights state-specific trends in work hours and productivity.

Radio 2 presenter Jeremy Vine is the latest celebrity facing scrutiny from HMRC under the IR35 rules, with the tax authority pursuing him for alleged unpaid taxes incurred while working for the BBC.

Jeremy Vine pursued by HMRC for alleged unpaid taxes at BBC

10 July 2024 News Business Matters 0 Comments

Radio 2 presenter Jeremy Vine faces HMRC pursuit over alleged unpaid taxes under IR35 rules, joining other high-profile broadcasters in complex tax disputes.

Sir Keir Starmer is set to present Labour's investment agenda to global financial leaders at a conference in early October, aiming to attract tens of billions in foreign capital.

Labour to attract global investors at early October summit

10 July 2024 News Business Matters 0 Comments

Sir Keir Starmer and Labour to host a Global Investment Summit in early October, aiming to attract billions in foreign capital and surpass previous investment achievements. The summit aligns with Labour’s pro-enterprise and inclusive economic strategy.

Dublin

Ireland to increase public spending by nearly 7% in pre-election budget

10 July 2024 News Business Matters 0 Comments

The Irish government announces a nearly 7% increase in public spending in its pre-election budget, citing faster-than-expected population growth. The budget includes significant allocations for healthcare and infrastructure.

Sir Alan Bates, founder of the Justice for Subpostmasters Alliance, is set to receive an honorary doctorate from Coventry University in recognition of his relentless efforts to clear the names of wrongfully convicted postmasters.

Honorary doctorate awarded to post office campaigner Sir Alan Bates

10 July 2024 News Business Matters 0 Comments

Sir Alan Bates, founder of the Justice for Subpostmasters Alliance, to receive an honorary doctorate from Coventry University for his efforts to clear the names of wrongfully convicted postmasters linked to the Post Office’s Horizon system failures.

The appointment of Lord Hendy as the new rail minister by Sir Keir Starmer has sparked optimism within the industry that previously scrapped sections of the HS2 project may be resurrected.

New rail minister Lord Hendy fuels hopes of HS2 revival

10 July 2024 News Business Matters 0 Comments

Lord Hendy’s appointment as rail minister by Sir Keir Starmer has ignited hopes for the revival of HS2’s scrapped sections. Known for his extensive railway expertise, Hendy is expected to champion the project and oversee Labour’s renationalisation of train operators.

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.

UK’s high debt poses challenges for new government, warns S&P

10 July 2024 News Business Matters 0 Comments

S&P Global warns the UK’s high debt levels pose significant challenges for the new Labour government, highlighting fiscal constraints and tough policy trade-offs. The agency projects debt to peak at 100% of GDP, limiting room for manoeuvre.

Rachel Reeves, the Chancellor, has unveiled a bold £7.3 billion investment plan to propel the UK to the forefront of green technology, committing to accelerating economic growth through high-risk, high-reward projects.

Chancellor’s £7.3bn green gamble aims to boost UK economy

10 July 2024 News Business Matters 0 Comments

Chancellor Rachel Reeves announces a £7.3 billion investment to drive the UK’s green technology sector, focusing on high-risk projects like green steel, hydrogen, and carbon capture, aiming to attract significant private sector funding and boost economic growth.

Busienss comment on post election Labour win

Business owners share opinions and look to the future after Labour’s win

9 July 20249 July 2024 In Business, News Cherry Martin 0 Comments

Do you agree with these comments from business owners across the UK?

Dyson, the renowned technology company founded by Sir James Dyson, is set to cut nearly a third of its British workforce in response to intense market competition.

Dyson to cut nearly a third of its UK workforce

9 July 2024 News, Technology Business Matters 0 Comments

Dyson, the renowned technology company founded by Sir James Dyson, is set to cut nearly a third of its British workforce in response to intense market competition.

The Stelios Philanthropic Foundation, have announced the launch of the Stelios Awards for Disabled Entrepreneurs in the UK 2024.

Sir Stelios announces winners of the 16th year of the Disabled Entrepreneur Awards

9 July 2024 News Business Matters 0 Comments

Leading disability charity Leonard Cheshire and Sir Stelios Haji-Ioannou have unveiled the winners of the Stelios Awards for Disabled Entrepreneurs 2024 in a ceremony hosted by the Stelios Philanthropic Foundation in central London.

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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

The Companies Taking AI Beyond the Chatbot

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