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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

Chris Packham, the renowned naturalist and TV presenter, has been granted permission to pursue a judicial review of the UK government's decision to scale back certain green policies aimed at achieving net zero emissions by 2050.

Chris Packham given permission to bring judicial review of government’s net zero rollback

5 March 2024 News Business Matters 0 Comments

Chris Packham, the renowned naturalist and TV presenter, has been granted permission to pursue a judicial review of the UK government’s decision to scale back certain green policies aimed at achieving net zero emissions by 2050.

Siemens, the German technology giant, has unveiled plans to invest £100 million in a new manufacturing centre at its Chippenham rail signalling factory site in Wiltshire, England.

Siemens to invest £100m in Chippenham rail factory site in Wiltshire

5 March 2024 News, Technology Business Matters 0 Comments

Siemens, the German technology giant, has unveiled plans to invest £100 million in a new manufacturing centre at its Chippenham rail signaling factory site in Wiltshire, England.

Tens of billions of pounds of higher debt interest payments and a slowing economy mean that the UK’s fiscal picture is far worse than it was in the spring, the chancellor has warned before his autumn statement.

Britain’s AI sector set to get £100m extra funding in budget

5 March 2024 News, Technology Business Matters 0 Comments

In a move to bolster Britain’s burgeoning artificial intelligence (AI) sector, Chancellor Jeremy Hunt is set to announce a significant increase in funding for the Alan Turing Institute, the national institute for data science and AI. The funding is expected to double, amounting to £100 million over a five-year period.

Spotify

Apple Hit with €1.8bn Fine for Violating Music Streaming Regulations

5 March 2024 News, Technology Business Matters 0 Comments

European regulators have imposed a fine of €1.8 billion (£1.54 billion) on Apple for anti-competitive practices that hindered competition in the music streaming market.

More businesses expect taxes to rise rather than fall after the next general election, according to research from accountancy and business advisory firm BDO. 

Jeremy Hunt Unveils £360m Manufacturing R&D Package to Boost UK Growth

4 March 2024 News Business Matters 0 Comments

As budget week commences, the British government has introduced a new investment package aimed at propelling the UK to become a global leader in manufacturing.

Jeremy Hunt announces tax rises and says UK in recession

Jeremy Hunt Stresses Continuation of Free Childcare Plan Amid Concerns

4 March 2024 News Business Matters 0 Comments

Chancellor Jeremy Hunt has reaffirmed the government’s commitment to providing 15 free hours of childcare for two-year-olds starting next month, asserting that the scheme remains “on track.” However, he acknowledged the inability to provide an “absolute guarantee” that all children would secure a place.

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 Downplays Tax Cut Expectations, with £800m Tech Package to Boost Public Sector Efficiency Revealed

4 March 2024 News Business Matters 0 Comments

Chancellor Jeremy Hunt has tempered expectations of tax cuts in Wednesday’s budget, announcing instead an £800 million package of technology reforms aimed at streamlining processes for frontline public sector workers.

A growing number of social ventures are emerging from universities, aiming to make a real difference to communities across London and further afield.

Banks on High Alert as ‘Rogue’ Companies House Filings Surface

4 March 2024 News Business Matters 0 Comments

Britain’s major banks have been placed on high alert following the discovery of hundreds of ‘rogue’ filings apparently lodged at Companies House, the UK’s central corporate register.

Major banks are facing increasing scrutiny over their failure to offer competitive interest rates on the savings of small businesses, prompting calls for urgent action to address the issue and prevent SMEs from losing out on over £7.5 billion annually.

Banks Under Fire for Shortchanging Small Businesses

4 March 2024 News Business Matters 0 Comments

Major banks are facing increasing scrutiny over their failure to offer competitive interest rates on the savings of small businesses, prompting calls for urgent action to address the issue and prevent SMEs from losing out on over £7.5 billion annually.

The UK achieved a significant milestone last month as the one millionth electric car was registered, marking a noteworthy accomplishment despite a notable decline in sales, according to recent data.

Chancellor Urged to Boost Electric Car Sales with VAT Reduction

4 March 2024 News Business Matters 0 Comments

Prominent car manufacturers, energy firms, and environmental advocates are calling on the chancellor to rectify a tax discrepancy that is adversely affecting the sales of electric vehicles.

97305493_Lord_Sugar_381801c

Lord Sugar Revives Amstrad Brand for Grandson’s Digital Marketing Venture

4 March 202419 March 2024 News Business Matters 0 Comments

Lord Alan Sugar is poised to breathe new life into the iconic Amstrad brand by launching a digital marketing company spearheaded by his grandson, 17 years after he sold the business to Sky.

Jeremy Hunt announced his Spring Budget today, with many for UK business, those looking to get back into the employment market 

Jeremy Hunt Proposes Pension Fund Overhaul to Boost UK Investments

4 March 20244 March 2024 News Business Matters 0 Comments

Chancellor Jeremy Hunt has unveiled plans to overhaul pension fund regulations, aiming to channel more retirement funds into British businesses and stimulate economic growth.

Brompton, maker of the iconic folding bike, has partnered with BGF, one of the largest and most experienced growth capital investors in the UK and Ireland, to further accelerate its growth.

Mike Ashley’s Frasers Group Acquires Wiggle Bicycle Retailer

4 March 20243 March 2024 News Business Matters 0 Comments

Mike Ashley’s Frasers Group has acquired the online bicycle retailer Wiggle out of administration, seizing an opportunity amidst the industry’s turmoil.

Elon Musk

Elon Musk sues ChatGPT-maker OpenAI over Microsoft links given Non-Profit Mission

1 March 20241 March 2024 Legal, News, Technology Business Matters 0 Comments

Elon Musk has launched legal action against OpenAI, the developers of ChatGPT, asserting that the company has veered away from the principles agreed upon when he co-founded it in 2015.

Royal Mail has confirmed that stamp prices will rise again, marking the fourth increase in the past two years for first-class letter postage.

Royal Mail Announces Fourth Stamp Price Increase in Two Years

1 March 20241 March 2024 News Business Matters 0 Comments

Royal Mail has confirmed that stamp prices will rise again, marking the fourth increase in the past two years for first-class letter postage.

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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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