The latest news affecting small and medium sized (SME) businesses in the UK
Wealthy savers have been increasingly purchasing gold and silver coins, spurred by concerns over a potential capital gains tax increase by the incoming Labour government.
The Bank of England is on the cusp of reducing interest rates for the first time in more than four years, bringing them down from a…
Carpetright’s collapse leaves creditors, including Royal Mail and Microsoft, facing a £213m loss. Find out how the administration impacts customers, suppliers, and the future of the…
The UK government covers nearly £45bn in Bank of England losses due to rising interest rates and bond sales. Calls for monetary policy reforms grow as…
HS2 has revealed more than £2bn in costs associated with Rishi Sunak’s decision to downgrade the high-speed rail line.
Rachel Reeves claims Jeremy Hunt knowingly lied about the state of public finances, citing a £22bn shortfall. Hunt denies the allegations, sparking a political row.
Mortgage approvals in the UK fell to their lowest level since January, as high interest rates continue to suppress housing market activity, according to Bank of…
Starting January, VAT will be imposed on private school fees. Chancellor Rachel Reeves states this will fund 6,500 new teachers, despite criticism from private schools.
Postmasters wrongly convicted due to the faulty Horizon IT system will get unlimited compensation from a £1 billion fund. The scheme offers at least £600,000 per…
Chancellor Rachel Reeves plans to save £5.5bn by cutting winter fuel payments for 10 million pensioners, redirecting funds to public sector pay rises, while signalling potential…
Rachel Reeves’ expanded tax raid on oil and gas companies could mark the end of the North Sea industry, risking jobs and investment, warn industry leaders.
Reforming inheritance and capital gains taxes could raise £10bn annually, helping to bridge the Conservative budget gap and address wealth inequality, according to economists.
The UK has dropped out of the top ten global manufacturing nations for the first time, as reported by Make UK. Discover the factors behind this…
Rachel Reeves, the Chancellor, is set to unveil a series of stringent measures aimed at balancing the nation’s finances.
The Farnborough International Airshow 2024 has generated £13bn in deals for the UK, showcasing the resilience and confidence of the aerospace sector. Learn more about the…