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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

b&q diy stores

B&Q Commits £1 Million to Support More Women Trade Apprenticeships to Address Gender Imbalance in the Trade Sector

8 March 20248 March 2024 News Business Matters 0 Comments

B&Q TradePoint, is intensifying its efforts to dismantle gender barriers prevalent in trade professions by dedicated to promoting inclusivity and expanding opportunities for women in trade professions through the funding of trade apprenticeships.

Richard Alvin explores the various ways in which AI is transforming small businesses in the UK and provide practical strategies for leveraging AI to fuel explosive growth

OpenAI Responds to Elon Musk Lawsuit with Trove of Emails

7 March 2024 News Business Matters 0 Comments

OpenAI has responded to a lawsuit filed by Elon Musk, alleging that he disengaged from the ChatGPT creator after an unsuccessful attempt to seize control of the company.

Gambling rule changes cost Entain £40m in lost earnings

Gambling rule changes cost Entain £40m in lost earnings

7 March 2024 News Business Matters 0 Comments

Entain, the gambling group known for brands such as Ladbrokes and Sportingbet, has disclosed a £40 million impact on its 2024 earnings due to regulatory challenges in Britain and the Netherlands.

UK house prices rose last month after a run of six monthly falls as sellers adopted a cautious attitude, leading to a shortage of homes on the market.

House prices continue to rise despite higher rates says Halifax

7 March 2024 News Business Matters 0 Comments

Despite the backdrop of higher interest rates, house prices in the UK continued their upward trajectory in February, according to the latest report from Halifax.

Nationwide

Nationwide to buy Virgin Money for £2.9bn

7 March 2024 News Business Matters 0 Comments

Nationwide Building Society’s proposed acquisition of Virgin Money UK for £2.9 billion marks a significant move in the banking sector, creating a formidable lending powerhouse and accelerating consolidation trends among smaller banks in the UK.

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.

Inflation to fall below 2%, predicts OBR

6 March 20247 March 2024 News Business Matters 0 Comments

In his budget statement today, Chancellor Jeremy Hunt confirmed that inflation is forecast to decrease significantly, dropping below the target rate of 2 per cent in the coming months.

As Chancellor Jeremy Hunt prepares to unveil the government's latest tax and spending measures in the upcoming spring budget, all eyes are on the Conservative government's strategy to alleviate the heavy tax burden on British workers and stimulate growth following the recent recession.

Chancellor criticised for lack of support for electric vehicle sales in budget announcement

6 March 2024 News Business Matters 0 Comments

Despite mounting pressure from the automotive industry, the latest Budget failed to incorporate a proposed 50% reduction in VAT for electric cars, leaving many disappointed.

Demis Hassabis, CEO of Google DeepMind, predicts that artificial intelligence (AI) could revolutionise drug discovery by designing drugs directly in clinics within the next few years.

AstraZeneca Unveils £650 Million Investment Plan to Strengthen UK’s Life Sciences Sector

6 March 2024 News Business Matters 0 Comments

Pharmaceutical giant AstraZeneca has announced its ambitious plans to inject £650 million into the UK, a move set to fortify the nation’s already prominent Life Sciences industry and bolster economic growth.

Jeremy Hunt is delivering his spring budget with one eye on a looming general election later this year. The Conservatives have said they want to reduce the tax burden on British workers and improve economic growth.

Spring budget 2024 key highlights

6 March 20246 March 2024 News Business Matters 0 Comments

Jeremy Hunt is delivering his spring budget with one eye on a looming general election later this year. The Conservatives have said they want to reduce the tax burden on British workers and improve economic growth.

The UK government has announced it is temporarily reintroducing the Plug-in Car Grant (PiCG) due to the continuing delays in manufacturing supply chains, including the conflict in Ukraine and the global semiconductor shortage.

February sees highest UK new car sales figure in 20 years

6 March 20246 March 2024 News Business Matters 0 Comments

The UK saw a significant surge in new car sales in February, marking the highest figure for the month in 20 years. This growth was primarily driven by companies investing in electric vehicles for their fleets, although private uptake of EVs experienced a decline.

Greggs has warned that inflationary pressures will make its sausage rolls more expensive and curtail profits this year, even as the bakery chain toasted record results.

Greggs staff to share £17.6m bonus as chain becomes UK’s top breakfast take-out

6 March 2024 News Business Matters 0 Comments

Greggs, the popular bakery chain known for its sausage rolls and steak bakes, is set to distribute a £17.6 million bonus among its staff this month, following a record annual profit announcement. With a 27% surge in profits to £188 million, Greggs has surpassed McDonald’s to become the UK’s top breakfast takeaway spot.

In the constantly evolving realm of financial assets, a novel contender has arisen, causing significant disturbances in conventional perceptions of preserving value – Bitcoin.

Bitcoin as good as gold as prices hitting record highs

6 March 2024 News Business Matters 0 Comments

The price of bitcoin and gold reached new highs as investors speculated on potential interest rate cuts by the US Federal Reserve in the middle of the year.

The reception area is the first point of contact for visitors entering a business or office space, making it a crucial element in creating a positive and lasting impression.

Hybrid working demand sends IWG revenues to record £3.3bn

6 March 2024 News Business Matters 0 Comments

IWG, the owner of the serviced office brand Regus, experienced a surge in revenues to a record £3.34 billion last year, driven by the increasing demand for hybrid working arrangements.

Jeremy Hunt, the Chancellor, is set to announce a 2p cut in national insurance for 27 million workers in his upcoming spring budget.

Hunt set to announce a 2p cut in national insurance

6 March 2024 News Business Matters 0 Comments

Jeremy Hunt, the Chancellor, is set to announce a 2p cut in national insurance for 27 million workers in his upcoming spring budget.

Hunt to extend Covid recovery loans by two years

Hunt set to extend Covid recovery loans by two years

5 March 2024 News Business Matters 0 Comments

In a significant move to support Britain’s small businesses, Chancellor Jeremy Hunt is set to announce an extension of the Covid recovery loan programme by two years in the upcoming Budget on Wednesday.

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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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