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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

Private Sector Expansion Moderates Slightly in March

Private Sector Expansion Moderates Slightly in March

21 March 202421 March 2024 News Business Matters 0 Comments

In a continuation of the ongoing recovery from recession, the private sector in Britain expanded for the fifth consecutive month, albeit at a slightly slower pace in March compared to the previous month.

Mike Regnier

Santander UK Chief Voices Concerns Over Investing in the UK

21 March 2024 News Business Matters 0 Comments

Mike Regnier, the head of Santander UK, has expressed reservations about further investment in the UK, citing the country’s high tax burden and increasing costs associated with compensating victims of fraud.

Deliveroo drivers

Record 1.1 Million Workers Employed on Zero-Hour Contracts in the UK

21 March 2024 News Business Matters 0 Comments

A staggering 1.1 million Britons are currently employed on zero-hour contracts, marking a record high, according to research conducted by the Work Foundation think tank.

Next has raised its profit forecast for the fifth time in less than a year after reporting better-than-expected sales in the run-up to Christmas.

Next Reports Record Revenue and Profit

21 March 2024 News Business Matters 0 Comments

Next has exceeded profit expectations, achieving record-high revenue and profit levels for the year ending January.

Government borrowing increased to £8.4 billion in February, marking a notable surge compared to the same month last year, according to official figures released today by the Office for National Statistics (ONS).

Government Borrowing Rises to £8.4 Billion in February

21 March 2024 News Business Matters 0 Comments

Government borrowing increased to £8.4 billion in February, marking a notable surge compared to the same month last year, according to official figures released today by the Office for National Statistics (ONS).

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.

Commuter Chaos Looms as Train and Tube Drivers Announce Strikes

20 March 2024 News Business Matters 0 Comments

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.

HM Revenue and Customs (HMRC) is under increasing pressure to release estimates on offshore tax avoidance by some of the wealthiest individuals in the UK. This comes after the figures were withheld in a report published during the election campaign.

HMRC Reverses Decision to Close Telephone Helpline

20 March 202420 March 2024 News Business Matters 0 Comments

HM Revenue and Customs (HMRC) has swiftly reversed its decision to close its self-assessment telephone helpline for half of the year, following significant public backlash.

Google has confirmed that it is implementing restrictions on the types of election-related queries users can pose to its Artificial Intelligence (AI) chatbot Gemini.

Google restricts Gemini chatbot election answers

20 March 2024 News Business Matters 0 Comments

Google has confirmed that it is implementing restrictions on the types of election-related queries users can pose to its Artificial Intelligence (AI) chatbot Gemini.

Amidst tumbling energy costs and a fierce price war among supermarkets, food price inflation in the UK has reached its lowest level in almost two years, offering a respite to households grappling with stretched budgets.

Fall in Food and Eating Out Costs Drives Decrease in Inflation

20 March 2024 News Business Matters 0 Comments

In February, inflation dropped to 3.4%, down from January’s 4%, inching closer to the Bank of England’s target of 2%.

The government will not reverse post-financial crisis banking regulation, Jeremy Hunt has said, amid growing concerns that Britain is loosening post-Brexit rules for the City.

Jeremy Hunt Hints at October General Election

20 March 2024 News Business Matters 0 Comments

Chancellor Jeremy Hunt has suggested that a general election could potentially be held in October.

Britain's leading bakery chain, Greggs, has encountered technical difficulties with payments, resulting in the closure of some of its stores.

Greggs stores affected by IT glitch, leading to payment issues and store closures

20 March 2024 News Business Matters 0 Comments

Britain’s leading bakery chain, Greggs, has encountered technical difficulties with payments, resulting in the closure of some of its stores.

Government data reveals that three quarters of medium and large sized businesses were hit by a cyber incident in the past year, as attacks against large businesses are on the rise.

UK AI Minister warns of rising cyber threats to large businesses

20 March 2024 News Business Matters 0 Comments

Government data reveals that three quarters of medium and large sized businesses were hit by a cyber incident in the past year, as attacks against large businesses are on the rise.

Fashion retailer Ted Baker is on the brink of administration, posing a threat to hundreds of high street jobs across Britain.

Ted Baker Faces Administration, Putting Hundreds of Jobs in Jeopardy

19 March 2024 News Business Matters 0 Comments

Fashion retailer Ted Baker is on the brink of administration, posing a threat to hundreds of high street jobs across Britain.

Luxury carmaker Bentley is capitalising on the growing trend among the globe's wealthiest individuals who are choosing to invest hundreds of thousands of pounds in "levels of personalisation that we've never seen before," according to company statements.

Bentley Revels in £500m Profits as Wealthy Pursue Personalised Cars

19 March 2024 News Business Matters 0 Comments

Luxury carmaker Bentley is capitalising on the growing trend among the globe’s wealthiest individuals who are choosing to invest hundreds of thousands of pounds in “levels of personalisation that we’ve never seen before,” according to company statements.

Ministers are in last ditched negotiations with Alstom in a bid to prevent the closure of the iconic Derby train manufacturing facility, a move that could result in the loss of thousands of jobs across the industry.

Crisis talks to save historic Derby rail plant from closure

19 March 202420 March 2024 News Business Matters 0 Comments

Ministers engage in urgent discussions with Alstom to avert closure of Derby train manufacturing works, amid threats to move production abroad. Thousands of jobs hang in the balance

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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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