MPs have cast doubt over the UK government’s readiness for post-Brexit border control checks, which are due to come in next week, arguing that a scaling back of its plans appeared to represent a sixth delay to their long-awaited introduction.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Tata rejects plea to keep Port Talbot blast furnace
Tata Steel has rejected a plan from unions to keep one blast furnace running at Britain’s biggest steel plant in Port Talbot while it transitions to greener steel production.
Google accused of making it harder to search for rival
Google has been accused of taking advantage of its market dominance to make it harder to search for a rival email service.
Microsoft’s push into AI is paying off as revenue beats expectations at $61.9 billion
Microsoft’s strategic focus on artificial intelligence (AI) is yielding substantial returns, as evidenced by its impressive third-quarter revenue performance, surpassing Wall Street expectations.
Barclays profits fall less than expected as turnaround strategy progresses
Barclays has shown promising signs of progress in its ambitious turnaround efforts, with quarterly profits falling less than anticipated by the markets.
Shoplifting hits highest level in at least 20 years
Shoplifting incidents reported to the police have surged to their highest level in at least two decades, according to recent data from the Office for National Statistics (ONS).
Labour set to renationalise most rail services within five years
Labour has announced its intention to renationalise most passenger rail services within five years if elected, aiming to bring them under public control as contracts expire.
John Barnes banned from company directorships over unpaid taxes
John Barnes, the former England footballer, has been barred from serving as a company director due to unpaid taxes amounting to over £190,000 after his media firm, which provided media representation services, failed to pay taxes on income exceeding £400,000.
Rachel Reeves: Labour Will Prioritise Pro-Business Policies, Aiming to Boost UK Economy
Rachel Reeves, the shadow chancellor, has pledged that a future Labour government will adopt a more pro-business stance than Tony Blair’s administration.
Victory for Innovative Bites Ltd as Judges Rule Marshmallows Not Subject to VAT
In a flavorful victory, Innovative Bites Ltd, a food company, has emerged triumphant against the UK tax authorities, securing a ruling that exempts its “Mega Marshmallows” from VAT due to their classification as cooking ingredients rather than confectionery.
TikTok Faces US Ban as Bill Set to Be Signed by Biden
TikTok Faces US Ban as Bill Set to Be Signed by Biden
Lloyds Banking Group Faces Profit Decline Amidst Heightened Competition
Lloyds Banking Group, the UK’s largest domestic lender, reported a significant decline in profits for the first quarter of the year, largely attributed to intensified competition in the deposits and mortgages market.
Inheritance Tax Receipts reach a record breaking £7.5 billion
The latest figures from HM Revenue and Customs (HMRC) show that inheritance tax receipts increased to £7.5 billion from March 2023 to April 2024, the highest value ever recorded.
Chocolate Cravings and Bargain Hunts Drive Down UK Food Inflation for 14th Consecutive Month
Brits indulging in chocolate treats and seeking discounts have contributed to a continued decline in grocery price inflation for the fourteenth month in a row
Regional Tech Start-ups Thrive on Barclays Eagle Labs Accelerator Scheme
Barclays Eagle Labs’ revamped £12 million government-backed initiative sees a surge in support for tech start-ups outside London, particularly those led by women or ethnic minority entrepreneurs
