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Latest News:

  • Call blocker firm fined £190,000 for making the nuisance calls it claimed to stop
  • Burnham’s business rates adviser called for £9bn tax cut for high streets
  • Colman’s Mustard put up for sale as Unilever clears path for £48bn McCormick merger
  • Britain’s 240 crypto millionaires revealed in first HMRC cryptoasset tax data
  • EY urges junior staff back to the office as AI puts a premium on human skills
  • Young investors trust AI more than TV, radio or influencers, FCA finds
  • UK business confidence rebounds but firms want policy certainty first
  • Balcony solar panels reach UK shelves with promise of £110 a year off bills
  • Applied Nutrition closes in on £1bn valuation after raising guidance for third time this year
  • One of Britain’s oldest family firms to save £250,000 a year as energy scheme opens to forges

Category: News

The latest news affecting small and medium sized (SME) businesses in the UK

Google is reportedly exploring the possibility of charging users for access to "premium" internet search results driven by artificial intelligence (AI), a recent report reveals.

Google Mulls Charging for Premium AI-Powered Search Results

5 April 2024 News, Technology Business Matters 0 Comments

Reports suggest Google is contemplating charging users for exclusive AI-driven search results as part of its subscription services. This potential move could mark a significant shift for the tech giant’s core products.

A London restaurant chain has stirred debate by banning customers from tipping via card and introducing a “brand” fee instead, only three months prior to the enforcement of legislation mandating the allocation of all tips to staff.

London restaurant chain faces criticism as it replaces card tips with ‘Brand Charge’ amid pending law changes

5 April 2024 News Business Matters 0 Comments

Ping Pong, a London restaurant chain, sparks controversy by replacing card tips with an optional 15% ‘brand’ fee, just months before new legislation mandates full tip distribution to staff. Critics argue the move undermines fair compensation for workers.

joe-lewis.jpg

Billionaire Joe Lewis avoids prison in US insider trading case

5 April 2024 News Business Matters 0 Comments

British billionaire Joe Lewis, the former owner of Tottenham Hotspur, has avoided a prison sentence in the United States for insider trading.

House prices unexpectedly returned to double digit growth last month as the property market kept up its "extremely buoyant" pace, new figures show.

Housing market springs into life over Easter

5 April 2024 News Business Matters 0 Comments

The housing market sprang into action over the Easter period, with more homes put up for sale on Thursday last week than on any other day this year, according to Rightmove, the property search website.

Inflation has slowed to a two-year low of 4.6 per cent on the back of falling energy prices that will all but ensure that Rishi Sunak meets his pledge to halve price growth by the end of the year.

Wet weather and shaky consumer confidence give retailers longest dip in sales since pandemic

5 April 20245 April 2024 News Business Matters 0 Comments

Retailers in the UK are facing the longest dip in sales since the Covid-19 pandemic, with high street sales and footfall dampened by wet weather and shaky consumer confidence, according to a recent survey by BDO, a consultancy.

The UK government has unveiled the import charges for EU food products post-Brexit, revealing potential implications for food prices and supply chains.

Brexit Import Charges Unveiled: Fears of Food Price Surge

4 April 20244 April 2024 News Business Matters 0 Comments

The UK government has disclosed the import charges for EU food products post-Brexit, raising concerns over potential increases in food prices.

smart meter

Ofgem Raises Concerns Over ‘AI Collusion’ in Energy Market

4 April 2024 News Business Matters 0 Comments

Ofgem proposes explicit regulations on the use of artificial intelligence (AI) in the energy sector, citing concerns about potential tacit collusion among companies.

Virgin Atlantic has capitalised on the recent BA Tier point year change controversy to attract customers with a tempting status match offer.

Virgin Atlantic to soar to record profits as passenger numbers recover

4 April 2024 News Business Matters 0 Comments

Virgin Atlantic, once teetering on the brink of collapse during the pandemic, now anticipates reaching new heights with record operating profits this year as passenger numbers soar back to pre-Covid levels.

Consumer confidence continued to rise this month despite growing concern about personal finances, a closely watched survey shows.

Eurozone Inflation Rate Drops to a Two-Year Low of 2.4%

4 April 2024 News Business Matters 0 Comments

Pressure mounts on the European Central Bank as inflation in the eurozone hits its lowest point in over two years, prompting expectations of interest rate cuts. Business Matters analyses the implications of slowing consumer prices amid economic uncertainties.

The appetite for takeaways in Britain has surged by 50% since the onset of Covid, marking a significant departure in the nation's dining landscape.

Britons Consuming 50% More Takeaways Post-Covid, Threatening Health and High Streets

4 April 2024 News Business Matters 0 Comments

Analysis reveals a significant surge in takeaway consumption in the UK, outpacing dining at pubs and restaurants. While economists attribute this shift to enduring effects of the pandemic, anti-obesity campaigners raise concerns over its impact on public health. Business Matters delves into the evolving eating habits reshaping the nation’s food landscape.

Almost six in ten of businesses prefer to buy UK-manufactured products over alternatives imported from other countries as ‘buy British’ sentiment rises 20% at businesses across the economy, according to nationwide research.

6 in 10 businesses prefer to buy UK-made products, new research finds

3 April 20242 August 2026 News Business Matters 0 Comments

Almost six in ten of businesses prefer to buy UK-manufactured products over alternatives imported from other countries as ‘buy British’ sentiment rises 20% at businesses across the economy, according to nationwide research.

Mayor of London Sadiq Khan

Sadiq Khan Unveils Plan to Create 150,000 High-Quality Jobs in London by 2028

3 April 2024 News Business Matters 0 Comments

London Mayor Sadiq Khan has announced a bold initiative to generate 150,000 “high-quality, well-paid jobs” by 2028.

British Steel has announced that it has won a significant multimillion-pound contract to supply rail for a new railway project in North Africa.

British Steel Secures Multimillion-Pound Contract for Egyptian Rail Project

3 April 2024 News Business Matters 0 Comments

British Steel has announced that it has won a significant multimillion-pound contract to supply rail for a new railway project in North Africa.

A mortgage lender is letting homebuyers borrow up to seven times their income – well above the traditional maximum – which it says will allow some to buy a property they might have assumed was well out of their price range.

House Prices Rise for Second Month in a Row

3 April 2024 News Business Matters 0 Comments

After a surprising fall in house prices last month, economists have indicated that it was merely a temporary setback and expect prices to continue rising throughout the year.

Almost six in ten small and medium-sized businesses say they prefer a hybrid style of working which combines home working with going into the office, according to new research. 

Microsoft to Offer Teams Separately from Office Suite Worldwide

3 April 2024 News, Technology Business Matters 0 Comments

Microsoft has announced that it will sell its Teams online meeting service separately from its Office software suite worldwide, following a move made six months ago in Europe.

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Latest Content

Foreign Spam Calls

Call blocker firm fined £190,000 for making the nuisance calls it claimed to stop

A company that sold devices promising to protect elderly people from nuisance calls has been fined £190,000 by the ICO for making more than 758,000 of them itself, every one to a number registered with the Telephone Preference Service.

Burnham’s business rates adviser called for £9bn tax cut for high streets

Colman’s Mustard put up for sale as Unilever clears path for £48bn McCormick merger

Karl D’Angelo Santa Rosa: Building Success Through Change

Britain’s 240 crypto millionaires revealed in first HMRC cryptoasset tax data

EY urges junior staff back to the office as AI puts a premium on human skills

Young investors trust AI more than TV, radio or influencers, FCA finds

UK business confidence rebounds but firms want policy certainty first

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