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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

A recent Nationwide advertisement featuring actor Dominic West has sparked an investigation by the Advertising Standards Authority (ASA) following a complaint filed by rival bank Santander.

Nationwide Advert Banned for Misleading Claim about Branch Closures

3 April 2024 News Business Matters 0 Comments

Nationwide Building Society’s television commercial, featuring actor Dominic West and satirising branch closures by rival banks, has been banned by the Advertising Standards Authority (ASA) for misleading consumers.

The government has acknowledged that an additional 40,000 nursery staff will be required to implement the "massive" expansion of free childcare, following concerns raised by parents and industry experts.

Government Admits Need for 40,000 More Nursery Staff for Free Childcare Expansion

3 April 2024 News Business Matters 0 Comments

The government has acknowledged that an additional 40,000 nursery staff will be required to implement the “massive” expansion of free childcare, following concerns raised by parents and industry experts.

Claire Coutinho, the Energy Secretary, is exploring the possibility of removing £4 billion of green levies from household electricity bills, considering options such as transferring some or all of these charges to gas bills or funding them through general taxation.

Claire Coutinho Mulls Overhaul of Green Levies on Electricity Bills

2 April 20242 April 2024 News Business Matters 0 Comments

Claire Coutinho, the Energy Secretary, is exploring the possibility of removing £4 billion of green levies from household electricity bills, considering options such as transferring some or all of these charges to gas bills or funding them through general taxation.

Shares in Donald Trump’s Truth Social, his venture into social media as a rival to Twitter, plummeted following the revelation of over $58 million in losses last year, intensifying concerns among investors.

Trump’s Truth Social Faces Investor Exodus as $58M Losses Surface

2 April 2024 Get Funded, News Business Matters 0 Comments

Shares in Donald Trump’s Truth Social, his venture into social media as a rival to Twitter, plummeted following the revelation of over $58 million in losses last year, intensifying concerns among investors.

A consortium of high-net-worth individuals, spearheaded by Justin King, former chief executive of J Sainsbury, has raised £50 million to pursue acquisitions within the premium restaurant sector.

Justin King Backs £50m Fund to Invest in Hospitality Firms

2 April 2024 Get Funded, News Business Matters 0 Comments

A consortium of high-net-worth individuals, spearheaded by Justin King, former chief executive of J Sainsbury, has raised £50 million to pursue acquisitions within the premium restaurant sector.

Interpath Advisory, the City firm overseeing the insolvency of the business operated by the parents of the Princess of Wales, faces a setback as it grapples with costs surpassing £260,000, rendering it unable to recover the full fees owed for the project.

Interpath Advisory Faces Losses as Middleton Family Business Collapses

2 April 2024 News Business Matters 0 Comments

Interpath Advisory, the City firm overseeing the insolvency of the business operated by the parents of the Princess of Wales, faces a setback as it grapples with costs surpassing £260,000, rendering it unable to recover the full fees owed for the project.

Shop price inflation has plummeted to its lowest level in over two years, signalling a potential path for the Bank of England to slash interest rates in the coming months, recent reports reveal.

Shop Price Inflation Hits Two-Year Low, Fuelling Expectations of Interest Rate Cut

2 April 2024 News Business Matters 0 Comments

Shop price inflation has plummeted to its lowest level in over two years, signalling a potential path for the Bank of England to slash interest rates in the coming months, recent reports reveal.

Commuters across Britain are bracing for further travel disruption as train drivers at 16 rail companies and London Underground tube drivers have announced strike action for next month.

Next Tube Strikes: Dates and Affected Lines Revealed

1 April 2024 News Business Matters 0 Comments

London Underground drivers, represented by the Aslef union, are set to stage two 24-hour strikes, exacerbating commuter woes across the capital.

Rishi Sunak and Jeremy Hunt will host some of the UK’s most prominent industry leaders on Friday as part of a drive to drum up fresh investment to revive the UK’s struggling economy.

Tories Hint at National Insurance Abolition in Next Parliament

1 April 20241 April 2024 News Business Matters 0 Comments

Treasury minister Gareth Davies suggests the Conservative Party could progress towards scrapping National Insurance if re-elected, amidst criticisms of Labour’s stance on workers’ rights. However, uncertainties loom over the feasibility and timing of such a move.

NatWest Group has disclosed its most substantial yearly profit since the period just preceding the financial crisis in 2007.

UK Government Quietly Pauses Natwest Retail Bidding Process

1 April 2024 News Business Matters 0 Comments

The Treasury has discreetly halted the bidding process for managing the sale of its stake in Natwest, raising doubts about the structure of the much-hyped ‘Tell Sid’-style retail deal.

The closure of the Port of Baltimore following the catastrophic collapse of the Francis Scott Key Bridge has prompted concerns about significant disruptions to supply chains in the United States.

US braces for supply chain disruption following Baltimore bridge collapse

28 March 2024 News Business Matters 0 Comments

The closure of the Port of Baltimore following the catastrophic collapse of the Francis Scott Key Bridge has prompted concerns about significant disruptions to supply chains in the United States.

Office workers are well aware of their colleagues’ bad habits — from smelly food to dramatically loud sneezes.

SMEs Brace! Brace! for rest of 2024 amid weak growth and policy uncertainty

28 March 2024 News Business Matters 0 Comments

SMEs across the UK are bracing themselves for a challenging rest of 2024, according to the latest Prism Research SME Barometer.

Secondhand clothing sales are projected to represent 10% of the global fashion market by next year, as consumers increasingly turn to "pre-loved" garments amidst the cost of living crisis and sustainability concerns.

Secondhand clothing sales set to be 10% of global fashion market in 2025

28 March 2024 News Business Matters 0 Comments

Secondhand clothing sales are projected to represent 10% of the global fashion market by next year, as consumers increasingly turn to “pre-loved” garments amidst the cost of living crisis and sustainability concerns.

Amazon announced on Wednesday that it will be increasing its investment in Anthropic, an artificial intelligence startup based in San Francisco, by an additional $2.75 billion.

Amazon increases AI startup Anthropic investment with additional $2.75bn funding

28 March 202428 March 2024 News, Technology Business Matters 0 Comments

Amazon announced on Wednesday that it will be increasing its investment in Anthropic, an artificial intelligence startup based in San Francisco, by an additional $2.75 billion.

A shortage of Mini parts from Ukraine has led to a halt at Oxford's car factory being extended to two weeks.

British carmakers report rising production six months in a row

28 March 2024 News Business Matters 0 Comments

British car factories have defied the global trend by reporting a sixth consecutive month of rising production.

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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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