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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

Asos, Boohoo and George promise 'clear and accurate' eco-claims

Asos, Boohoo and George promise to be ‘clear and accurate’ over eco-claims

27 March 2024 News Business Matters 0 Comments

Three major budget fashion brands in the UK, ASOS, Boohoo, and George at Asda, have committed to changing the way they communicate the environmental impact of their clothing following intervention by the Competition and Markets Authority (CMA).

barclays_2382750b

Barclays bank payments restored following app outage

27 March 2024 News Business Matters 0 Comments

Barclays has announced that its payment systems and banking app are now fully operational after experiencing glitches that began on Tuesday evening.

The president of the CBI has admitted he does not know if it can win back trust while setting out how it plans to bolster its culture amid the sexual misconduct scandal engulfing the business lobby group.

CBI Under Fire for Using Gagging Clauses Amid Sexual Misconduct Claims

27 March 2024 News Business Matters 0 Comments

The Confederation of British Industry (CBI) has come under scrutiny after it was revealed that the organization has employed gagging clauses to silence staff from discussing their encounters with sexual misconduct and bullying within the institution.

The chief executive of Centrica, Chris O'Shea, saw a substantial increase in his annual pay, rising by nearly £4 million, despite his earlier assertion that such a salary was unjustifiable.

Centrica CEO’s Salary Soars by Nearly £4m Despite Previous Justification Concerns

27 March 2024 News Business Matters 0 Comments

The chief executive of Centrica, Chris O’Shea, saw a substantial increase in his annual pay, rising by nearly £4 million, despite his earlier assertion that such a salary was unjustifiable.

In its 26th report of Session 2021-22 the House of Lords Secondary Legislation Scrutiny Committee has raised concerns about two instruments laid before Parliament by the Department for Levelling Up, Housing and Communities (DLUHC) which make changes to building regulations and planning law.

Cyber chiefs slam Parliament’s ‘pitiful’ £6.5m cyber budget increase amidst China threat

27 March 2024 News, Technology Business Matters 0 Comments

Parliament has boosted its IT budget by only £6.5m in the last financial year as MPs and peers face a barrage of cyber attacks from China, according to official figures.

The debut of Donald Trump's Truth Social took centre stage on Tuesday as the platform's parent company, Digital World Acquisition, went public, valuing the budding social network at over $9 billion.

Trump’s Truth Social Goes Public, Valued at Over $9 Billion

26 March 2024 Get Funded, News Business Matters 0 Comments

The debut of Donald Trump’s Truth Social took centre stage on Tuesday as the platform’s parent company, Digital World Acquisition, went public, valuing the budding social network at over $9 billion.

Robert Halfon

Two Government Ministers Quit, Dealing Fresh Blow to Rishi Sunak

26 March 2024 News Business Matters 0 Comments

In a setback for Rishi Sunak, two government ministers, Armed Forces Minister James Heappey and Skills Minister Robert Halfon, have resigned from their positions, also announcing their decision to step down as Tory MPs at the upcoming general elections.

Britain is urged to tread carefully in response to cyberattacks linked to China to avoid exacerbating trade tensions, cautioned a cabinet minister following accusations of a "prolific" global campaign by Beijing.

Punishing Beijing for Cyberattacks Could Impact Trade, Minister Cautions

26 March 2024 News Business Matters 0 Comments

Britain is urged to tread carefully in response to cyberattacks linked to China to avoid exacerbating trade tensions, cautioned a cabinet minister following accusations of a “prolific” global campaign by Beijing.

Merlin Entertainments, the parent company of Legoland among other attractions, is set to introduce surge pricing using machine learning algorithms to adjust ticket costs based on variables like weather conditions.

Surge Pricing Strategy to Hit Legoland Visitors

26 March 2024 News Business Matters 0 Comments

Merlin Entertainments, the parent company of Legoland among other attractions, is set to introduce surge pricing using machine learning algorithms to adjust ticket costs based on variables like weather conditions.

Central London witnessed a spectacle last night as over 100 tractors paraded past the iconic Houses of Parliament, echoing the discontent of farmers over what they perceive as inadequate support for UK food production.

Tractors Gather at Parliament in Farmer Go-Slow Protest

26 March 2024 News Business Matters 0 Comments

Central London witnessed a spectacle last night as over 100 tractors paraded past the iconic Houses of Parliament, echoing the discontent of farmers over what they perceive as inadequate support for UK food production.

Pizza chain Papa John's has revealed its decision to close down approximately 10% of its UK restaurants, attributing the closures to underperformance.

Papa John’s Pizza to Close Nearly a Tenth of UK Locations

26 March 202426 March 2024 News Business Matters 0 Comments

Pizza chain Papa John’s has revealed its decision to close down approximately 10% of its UK restaurants, attributing the closures to underperformance.

Adam Neumann, once the driving force behind WeWork before his ousting, has made a bold move to reclaim control of the beleaguered office rental company.

Adam Neumann Makes £395m Bid to Regain Control of WeWork

26 March 202426 March 2024 News Business Matters 0 Comments

Former WeWork co-founder Adam Neumann proposes a bid exceeding £395m to reclaim ownership of the troubled office rental giant, WeWork.

NatWest, the UK's largest business bank with 1.5 million business customers, is set to provide expedited access to loans of up to £250,000 within 24 hours of application, in response to increasing competition from alternative lenders.

UK government no longer a controlling shareholder in Natwest after share sale

25 March 2024 News Business Matters 0 Comments

The UK government has relinquished its status as a controlling shareholder in Natwest after reducing its stake to below 30 per cent.

Jeremy Hunt has confirmed that if the Conservatives win the upcoming election, they will retain the triple lock system for determining increases in the state pension.

Jeremy Hunt confirms triple lock for pensions to be in Tory manifesto

25 March 2024 News Business Matters 0 Comments

Jeremy Hunt has confirmed that if the Conservatives win the upcoming election, they will retain the triple lock system for determining increases in the state pension.

Avanti West Coast has reached an agreement with the union Aslef to increase the fee for train drivers working overtime shifts to £600. This deal aims to incentivise drivers to work extra shifts, thereby enhancing the reliability and resilience of Avanti's services.

Avanti agree pay deal with train drivers set to earn £600 a shift for overtime

25 March 2024 News Business Matters 0 Comments

Avanti West Coast has reached an agreement with the union Aslef to increase the fee for train drivers working overtime shifts to £600. This deal aims to incentivise drivers to work extra shifts, thereby enhancing the reliability and resilience of Avanti’s services.

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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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