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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

Norfolk County Council has emerged victorious in a legal battle against tech giant Apple, with the settlement resulting in a payment of $490 million (£385 million) to resolve the lawsuit.

Norfolk County Council beats Apple in £385m iPhone legal battle

16 March 2024 News Business Matters 0 Comments

Norfolk County Council has emerged victorious in a legal battle against tech giant Apple, with the settlement resulting in a payment of $490 million (£385 million) to resolve the lawsuit.

The latest data from the Department for Work and Pensions (DWP) has revealed thousands of people are deemed unable to work due to mental health issues every month.

20,000 people off work in the UK every month with mental ill health

15 March 2024 News Business Matters 0 Comments

The latest data from the Department for Work and Pensions (DWP) has revealed thousands of people are deemed unable to work due to mental health issues every month.

https://bmmagazine---co---uk.lsproxy.app/news/uk-insolvencies-rising-due-to-high-interest-rates-says-begbies-traynor/

Companies going bust rises by a fifth compared to same period last year

15 March 2024 News Business Matters 0 Comments

The latest figures from the Insolvency Service reveal a concerning trend in business insolvencies, with a notable increase of nearly a fifth compared to the same period last year.

In a landmark ruling, the judge presiding over the legal dispute regarding the inventorship of Bitcoin has declared that Australian computer scientist Craig Wright is not the creator of the cryptocurrency.

Judge Dismisses Claim of Australian Computer Scientist as Bitcoin Inventor

15 March 2024 News Business Matters 0 Comments

In a landmark ruling, the judge presiding over the legal dispute regarding the inventorship of Bitcoin has declared that Australian computer scientist Craig Wright is not the creator of the cryptocurrency.

The chief regulator of the City has hinted at likely failings by some companies in concealing commissions charged on car loans.

FCA Vows Swift Response to Car Loan Issues

15 March 2024 News Business Matters 0 Comments

The chief regulator of the City has hinted at likely failings by some companies in concealing commissions charged on car loans.

Macmillan Cancer Support

Macmillan Cancer Support cut 150 jobs amid soaring inflation

15 March 2024 News Business Matters 0 Comments

Macmillan Cancer Support, one of the UK’s prominent charities, has announced plans to cut 150 jobs, equivalent to one in 14 of its workforce, citing challenges in raising funds amidst soaring inflation and escalating demand for its services.

Visa, in collaboration with the British Retail Consortium (BRC), has honoured Altrincham, Armagh, Boscombe, Northwich, Sherborne, Shrewsbury, Waltham Cross, and Weston super-Mare at the 'Let’s Celebrate Towns' awards.

“Let’s Celebrate Towns”: Visa Honours Eight UK Towns for their Contribution to Business and Community Prosperity

14 March 2024 News Business Matters 0 Comments

Visa, in collaboration with the British Retail Consortium (BRC), has honoured Altrincham, Armagh, Boscombe, Northwich, Sherborne, Shrewsbury, Waltham Cross, and Weston super-Mare at the ‘Let’s Celebrate Towns’ awards.

The struggling discount chain Wilko has warned it could run out of money if it is unable to secure additional financing by the end of next year.

5,000 UK chain stores closed in 2023 at the rate of 14 a day

14 March 2024 News Business Matters 0 Comments

The UK saw nearly 5,000 more chain stores close last year, averaging 14 closures per day, as high streets grappled with the fallout from the collapse of Wilko, the withdrawal of banks and pubs, and other factors.

The town of Wrexham, propelled into the spotlight by its recent Hollywood-meets-football phenomenon with Wrexham AFC co-owners Ryan Reynolds and Rob McElhenney, is poised to become even more accessible with a new direct rail service to London.

The Hollywood effect: Wrexham lines up three-hour direct rail service to London

14 March 2024 News Business Matters 0 Comments

The town of Wrexham, propelled into the spotlight by its recent Hollywood-meets-football phenomenon with Wrexham AFC co-owners Ryan Reynolds and Rob McElhenney, is poised to become even more accessible with a new direct rail service to London.

The Groucho Club, renowned for its vibrant history in London's Soho, is venturing into uncharted territory by expanding to the West Yorkshire countryside.

London’s Groucho Club set to open new club in Yorkshire

14 March 2024 News Business Matters 0 Comments

The Groucho Club, renowned for its vibrant history in London’s Soho, is venturing into uncharted territory by expanding to the West Yorkshire countryside.

Santander UK has issued a stark warning, highlighting a surge in bank impersonation scams targeting hundreds of businesses.

Santander Raises Alarm Over Surge in Impersonation Scams

14 March 2024 News Business Matters 0 Comments

Santander UK has issued a stark warning, highlighting a surge in bank impersonation scams targeting hundreds of businesses.

The UK economy demonstrated signs of improvement in January, raising optimism for a potential exit from recession.

UK economy shows signs of recovery in January

13 March 2024 News Business Matters 0 Comments

The UK economy demonstrated signs of improvement in January, raising optimism for a potential exit from recession.

The US House of Representatives overwhelmingly approved a bill on Wednesday that compels ByteDance, the owner of TikTok, to sell the popular social media platform or face a complete ban in the United States.

US House Passes Bill Targeting TikTok Ownership

13 March 2024 Marketing, News, Technology Business Matters 0 Comments

The US House of Representatives overwhelmingly approved a bill on Wednesday that compels ByteDance, the owner of TikTok, to sell the popular social media platform or face a complete ban in the United States.

Metro Bank has announced plans to slash 1,000 jobs and discontinue its iconic seven-day branch model, as part of an extensive cost-saving initiative, following a significant expansion of its cost-cutting strategy post-autumn rescue deal.

Metro Bank to Cut 1,000 Jobs and cancels seven day branch openings

13 March 2024 News Business Matters 0 Comments

Metro Bank has announced plans to slash 1,000 jobs and discontinue its iconic seven-day branch model, as part of an extensive cost-saving initiative, following a significant expansion of its cost-cutting strategy post-autumn rescue deal.

The government is proposing a significant shift in the way renewable energy companies are compensated for the electricity they generate, aiming to address the issue of substantial payments made to generators for shutting down operations.

Overhaul planned for payments with renewable energy sector

13 March 2024 News Business Matters 0 Comments

The government is proposing a significant shift in the way renewable energy companies are compensated for the electricity they generate, aiming to address the issue of substantial payments made to generators for shutting down operations.

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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

Why Private Health Insurance Has Never Mattered More to UK Employees

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

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