The latest news affecting small and medium sized (SME) businesses in the UK
Labour Chancellor Rachel Reeves is set to reveal a £19bn gap in public finances, citing pressures on the NHS, prisons, and schools. Expected tax hikes are…
Airbus has secured a significant order for 90 aircraft from flynas at the Farnborough International Airshow, comprising 75 A320neo and 15 A330-900 planes.
The Financial Reporting Council issued a record £48.2 million in fines to audit firms, including KPMG, EY, PwC, and Oliver Clive & Co, for major audit…
OpenAI launches SearchGPT, a prototype AI-powered search engine, challenging Google’s dominance with real-time information and enhanced conversational capabilities.
Revolut, the fintech giant, secures a UK banking licence after three years, enabling it to offer loans and overdrafts and boosting consumer protections for its 9…
Heathrow Airport has reported a record-breaking 39.8 million passengers in the first half of this year, surpassing pre-pandemic levels and signalling a strong recovery.
UK car production falls by 7.6% in early 2024 as manufacturers shift to electric vehicles. Despite a decline in overall and EV production, electric models now…
Rachel Reeves, the Chancellor of the Exchequer, may use an upcoming review of public finances to introduce up to £25 billion in tax increases, according to…
Shoplifting in England and Wales has soared to its highest level since records began, with criminals seemingly operating "without fear of apprehension."
Ed Miliband, the energy security and net-zero secretary, is set to announce an ambitious plan for state-owned Great British Energy (GBE) to partner with the Crown…
Huw Edwards emerged as the BBC’s highest-paid journalist last year, earning £480,000 despite being suspended for nine months. The annual report reveals that Edwards received a…
Carpetright's future has been partially secured as Tapi acquires 54 stores, resulting in over 1,000 job losses. The deal saves 308 jobs and ensures the continuation…
The UK Space Agency has awarded Orbit Fab a £1.3 million grant for developing innovative satellite refuelling technology, promoting sustainable space operations and expanding the UK's…
Hammerson has sold its 40% stake in Value Retail, owner of Bicester Village and other European outlets, to LVMH and L Catterton for £1.5 billion, shifting…
Former Chancellor Nadhim Zahawi Seeks to Acquire Telegraph Media Group