The finalists of the 2024 Black British Business Awards have been announced ahead of the gala in October.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Staff allowed to choose working hours in new trial
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.
Millions of people not working is ‘unacceptable’ says Labour
Rising levels of worklessness demand ‘immediate action,’ declares Labour’s jobs minister Liz Kendall.
Microsoft and Apple abandon OpenAI board seats amid regulatory scrutiny
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.
New York working hours increase by 2.4% but productivity drops by 1.8%
Analysis of Bureau of Labor Statistics data highlights state-specific trends in work hours and productivity.
Jeremy Vine pursued by HMRC for alleged unpaid taxes at BBC
Radio 2 presenter Jeremy Vine faces HMRC pursuit over alleged unpaid taxes under IR35 rules, joining other high-profile broadcasters in complex tax disputes.
Labour to attract global investors at early October summit
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.
Ireland to increase public spending by nearly 7% in pre-election budget
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.
Honorary doctorate awarded to post office campaigner Sir Alan Bates
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.
New rail minister Lord Hendy fuels hopes of HS2 revival
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.
UK’s high debt poses challenges for new government, warns S&P
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.
Chancellor’s £7.3bn green gamble aims to boost UK economy
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.
Business owners share opinions and look to the future after Labour’s win
Do you agree with these comments from business owners across the UK?
Dyson to cut nearly a third of its UK workforce
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.
Sir Stelios announces winners of the 16th year of the Disabled Entrepreneur Awards
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.
















