The latest news affecting small and medium sized (SME) businesses in the UK
Daylesford Organic, owned by Lady Bamford, reports a £3.6m loss due to inflationary pressures and stalling revenues, reversing its Covid-era growth and profitability.
The Competition and Markets Authority (CMA) investigates Nationwide’s £2.9 billion acquisition of Virgin Money over potential anti-trust concerns, with a decision due by July 26.
Chancellor Jeremy Hunt stresses the need for stringent review of Daniel Kretinsky’s £3.6bn takeover of Royal Mail, ensuring key services and national security are protected.
UK Finance calls for the next government to enhance financial education, tackle fraud, and support net-zero investments to promote economic growth and safeguard the financial sector.
Business confidence in the UK reaches its highest level in nearly a decade, supporting Prime Minister Rishi Sunak's claims of economic stability since taking office.
Czech billionaire Daniel Kretinsky proposes a £400 million investment to transform Royal Mail with out-of-home delivery networks, raising fears over job losses and the future of…
Sir Patrick Vallance supports Labour's ambitious plan to decarbonise Britain's electricity by 2030, advocating for a Covid-style urgency in achieving net zero. His backing emphasises the…
The number of UK households with no working adults hits a 12-year high, exacerbating Britain's labour crisis and stifling economic growth, according to ONS data.
Jaguar Land Rover is training thousands of mechanics to service electric vehicles, aiming to reduce high repair costs and prepare for the launch of the all-electric…
London-based fintech company Curve plans to launch an alternative to Apple Wallet, leveraging recent regulatory changes to offer users more payment options on their iPhones.
Zoopla reports an eight-year high in the number of homes for sale, predicting that the increased supply will help stabilise UK house prices throughout 2024.
The UK's car manufacturing sector calls for a comprehensive industrial strategy from the next government to support the transition to electric vehicles as production continues to…
IWG founder Mark Dixon sells £68.5m worth of shares to repay a Deutsche Bank loan, retaining 25.2% ownership in the company. IWG shares drop following the…
The Conservative Party plans to eliminate underperforming university courses in England to fund 100,000 apprenticeships annually. The initiative aims to address high drop-out rates and poor…
Rishi Sunak's "triple lock plus" plan aims to exempt 750,000 pensioners from income tax and boost incomes for 7.5 million retirees. The IFS analyses the impact…