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Category: News

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

Amazon workers at Coventry warehouse begin historic union recognition ballot, potentially allowing collective bargaining for the first time in the UK. Over 3,000 employees are voting, with results expected next week amidst nationwide protests and Labour's push for enhanced workers' rights.

Amazon’s Coventry workers vote in historic union ballot

9 July 2024 News Business Matters 0 Comments

Amazon workers at Coventry warehouse begin historic union recognition ballot, potentially allowing collective bargaining for the first time in the UK. Over 3,000 employees are voting, with results expected next week amidst nationwide protests and Labour’s push for enhanced workers’ rights.

Reform UK is facing mounting pressure to prove the legitimacy of its general election candidates after doubts arose about several candidates who lacked photos, biographies, and contact details.

Reform UK under scrutiny over authenticity of election candidates

9 July 2024 News Business Matters 0 Comments

Reform UK faces scrutiny over the authenticity of its election candidates amid concerns about the lack of candidate information and potential AI-generated photos. The party insists all candidates are real, while experts warn of the implications of AI use in election materials.

Managers are optimistic about their companies despite being hit by supply chain disruption caused by Brexit, a survey of top executives at mid-sized British businesses has found.

UK officials fear port chaos unless EU delays biometric plan again

9 July 2024 News Business Matters 0 Comments

UK officials fear potential chaos at ports in October unless the EU delays its new biometric travel scheme, requiring non-EU nationals to undergo facial and fingerprint scans.

Tony Blair urges Labour to adopt AI and radical public service reforms to avoid inevitable tax hikes, warning that traditional growth methods will be insufficient to tackle Britain's economic challenges.

Tony Blair urges Labour to embrace AI or face inevitable tax hikes

9 July 2024 News Business Matters 0 Comments

Tony Blair urges Labour to adopt AI and radical public service reforms to avoid inevitable tax hikes, warning that traditional growth methods will be insufficient to tackle Britain’s economic challenges.

New chancellor Rachel Reeves announces mandatory housing targets 'to get Britain building again' Rachel Reeves has announced mandatory housing targets and an end to the onshore wind ban to get "Britain building again". The UK's first ever female chancellor said Labour will create a new taskforce "to accelerate stalled housing sites in our country". She promised her government would build 1.5 million homes over the next five years, as pledged in Labour's election manifesto. "We're not in the business of reneging on our manifesto commitments," she said in her first speech as chancellor after Labour won the general election last Thursday. "We've received that strong mandate. We're going to deliver on that mandate." Ms Reeves announced the government will: • Restore mandatory housebuilding targets • Build 1.5m homes by the end of this parliament - including affordable and council homes • End the onshore wind farm ban • Create a new task force to accelerate stalled housing sites • Support local authorities with 300 additional planning officers across the country • Review planning applications previously turned down that could help the economy • Prioritise brownfield and greybelt land for development to meet housing targets when needed • Reform the planning system to "deliver the infrastructure that our country needs" • Set out new policy intentions for critical infrastructure in the coming months. Commenting on the speech by the Chancellor of the Exchequer, Stephen Phipson, Chief Executive of Make UK, said: “Industry will welcome such a bold statement of intent which is a clear indication of a Government that has well and truly hit the ground running, especially in ensuring that key institutions are focused on promoting economic growth with their shoulders to the wheel. “The current anaemic rate is simply not sustainable if we want the investment in our public services and vital investment in critical infrastructure and, the advantage the UK now clearly has as a stable place to do business and, attract investment, is one we must not waste . An Industrial Strategy will be central to boosting growth, especially working in partnership with Government at national and regional level and, tackling the skills crisis must be at the heart of boosting growth in the first instance, with a fundamental and widespread review of the Apprentice Levy and Technical Education system as a starting point. Additionally, the ambitious target for new homes can be the catalyst to unlock the potential of fully modular homes built in British factories. “Turning the growth taps on will not be easy in the current uncertain international climate and a difficult inheritance. But, industry will commend this announcement that makes quite clear that it is the laser like focus of the new Government.”   On Housing,  Daniel Paterson, Director of Policy Make UK Modular added: “Make UK Modular looks forward to working with the new government on their ambitious building agenda. The Labour Party laid out a bold plan during the run-up to and throughout the election campaign and we welcome the Chancellor's statement today in regard to growth; making homes and infrastructure building central to this. Modular and MMC leaders can and will play their part in realising the growth opportunities available and helping to reach the target of 1.5 million new homes by the end of this parliament. “The Chancellor's commitment to reinstating housing targets, new funding for 300 new planning officers and overhauling the UK's antiquated planning system - issues that Make UK Modular have long called for action on - is both welcome and overdue. “The planned consultation on the National Planning Policy Framework and the drive to adopt universal coverage for local plansis also helpful in the joint goal of getting Britain building again, creating the homes so desperately needed around the whole of the country.”

New Chancellor Rachel Reeves Announces Mandatory Housing Targets ‘To Get Britain Building Again’

8 July 2024 News Business Matters 0 Comments

In a decisive move to address the UK’s housing crisis, Rachel Reeves, the UK’s first female Chancellor of the Exchequer, has announced a series of ambitious measures aimed at revitalising the housing sector.

Education Secretary Bridget Phillipson has launched a major initiative to recruit 6,500 teachers, the Department for Education (DfE) has announced.

Education Secretary Phillipson starts drive to recruit 6,500 new teachers

8 July 2024 News Business Matters 0 Comments

Education Secretary Bridget Phillipson has launched a major initiative to recruit 6,500 teachers, the Department for Education (DfE) has announced.

Rachel Reeves has vowed to make the "difficult decisions" needed to stimulate growth, unveiling plans to construct millions of homes and tackle "nimby" resistance.

Labour to ease building rules and challenge ‘nimbys’, pledges Reeves

8 July 20248 July 2024 News Business Matters 0 Comments

Chancellor addresses ’14 years of chaos’ as Labour reinstates housebuilding targets and opens ‘grey belt’ for development

Independent restaurants are being forced to offer hefty sign-on bonuses of £1,000 or more for chefs and other kitchen staff as the shortage of skilled workers tightens in the busy festive season.

New labour government urged to prioritise economic growth, say leading business groups

8 July 2024 News Business Matters 0 Comments

Leading business groups urge the new Labour government to stay focused on economic growth and investment. CBI and BCC highlight the need for tough decisions to attract investment and support UK businesses.

Avon UK appoints Dragons’ Den star Sara Davies MBE as Chief Inspiration Officer to empower women entrepreneurs. Sara will lead masterclasses and mentoring sessions to help Avon Reps overcome business challenges and succeed.

Avon UK appoints Dragons’ Den star Sara Davies as chief inspiration officer

8 July 20247 July 2024 News Business Matters 0 Comments

Avon UK appoints Dragons’ Den star Sara Davies MBE as Chief Inspiration Officer to empower women entrepreneurs. Sara will lead masterclasses and mentoring sessions to help Avon Reps overcome business challenges and succeed.

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Jeff Bezos to divest $5bn of Amazon shares after stock reaches record high

7 July 2024 News Business Matters 0 Comments

Jeff Bezos plans to sell $5 billion worth of Amazon shares after the stock hits a record high of $200.43. Discover more about the proposed sale and its implications.

Protests are underway at Amazon warehouses across the UK as voting begins in a historic ballot for workers' rights. If successful, Amazon will be forced to recognise a union for the first time in the UK.

Amazon protests erupt across UK as workers’ rights ballot commences

7 July 20248 July 2024 News Business Matters 0 Comments

Protests are underway at Amazon warehouses across the UK as voting begins in a historic ballot for workers’ rights. If successful, Amazon will be forced to recognise a union for the first time in the UK.

Barratt Developments has sealed a monumental £2.5 billion deal to acquire Redrow, propelling itself to the forefront as the nation's largest housebuilder.

Shares in housebuilders soar following labour’s electoral triumph

7 July 2024 News Business Matters 0 Comments

The share prices of major UK housebuilders surged on Friday after Labour’s resounding victory in the general election, marking the party’s return to power for the first time since 2010.

Etsy, the online marketplace focusing on handmade, vintage, and craft items, is facing significant backlash from sellers following its decision to ban sex toys and other erotic items.

Etsy’s new ban on sex toys and erotic items sparks backlash from sellers

7 July 20247 July 2024 News Business Matters 0 Comments

Etsy’s new ban on sex toys and erotic items, effective from 29 July, has sparked significant backlash from sellers. The marketplace cites evolving industry standards, but many creators feel betrayed and foresee substantial revenue losses.

A Labour government would create an anti-corruption commissioner to recoup billions of pounds lost to fraud and waste during the Covid pandemic, the party has announced.

Investors rally behind chancellor Rachel Reeves’ growth agenda

7 July 2024 News Business Matters 0 Comments

Investors back Chancellor Rachel Reeves’ plans to boost UK growth through private sector funding for infrastructure and green energy projects, as she aims to restore economic stability and attract global investment.

Keir Starmer has reinvigorated his ministerial team by appointing a blend of former New Labour figures and external experts, continuing his strategy of building a "government of all the talents."

Starmer installs non-political ministers in ‘government of all the talents’

7 July 20247 July 2024 News Business Matters 0 Comments

Keir Starmer has reinvigorated his ministerial team by appointing a blend of former New Labour figures and external experts, continuing his strategy of building a “government of all the talents.”

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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

5 Best Hardware Asset Management Software for Businesses

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