The latest news affecting small and medium sized (SME) businesses in the UK
UK retail sales rose by 0.5% in July thanks to warm weather, with increased spending on clothing and beauty products. However, big-ticket items saw reduced spending…
PwC has seen a significant loss of major clients in China following pressure from Beijing, urging state-owned companies to sever ties due to the auditor's involvement…
US federal judge rules Google violated monopoly laws, leveraging its market dominance to exclude competitors. This landmark decision could reshape the tech industry's operations. Google plans…
Chancellor Rachel Reeves hints at changing the UK's debt-to-GDP measure to exclude Bank of England bond-buying losses, potentially freeing up £17 billion ahead of the autumn…
Elon Musk and Prime Minister Keir Starmer clash over claims of a 'civil war' in Britain following unrest in Southport. Starmer condemns Musk's comments on immigration…
HMRC reports a £4.1 billion loss due to R&D tax fraud since 2020. The issue fuels a financial clash between the current and previous UK governments.
A government scheme intended to boost innovation has lost over £4bn to fraud and error since 2020. HMRC vows to tighten scrutiny and recover lost funds…
The British Academy of Film and Television Arts (Bafta) is reconsidering the awards previously granted to Huw Edwards following his guilty plea to charges of viewing…
Morrisons is trialling an innovative approach to save energy and reduce costs by raising the temperature of its freezers by 3°C.
The future of the historic Harland & Wolff shipyard is in jeopardy following a $25 million emergency bailout, raising fears that Royal Navy vessels could soon…
Intel plans to cut 15,000 jobs to reduce costs and catch up in the AI chip race. The company's shares dropped 20% after announcing lower-than-expected revenue…
Guild Esports, supported by David Beckham, faces financial turmoil with shares plummeting and only £25,000 left in the bank. Explore the challenges and potential strategic shifts…
The Bank of England has cut interest rates to 5% for the first time in over four years, offering relief to homeowners and families amid high…
New Prince's Trust research reveals 37% of young people in the UK worry about lacking digital skills for good jobs. The report highlights barriers to digital…
The UK government’s ChipStart programme has enabled semiconductor start-ups to raise over £10 million, supporting innovations in AI and healthcare technologies, and driving economic growth.