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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

Greggs

Greggs announce 160 new branch openings

10 January 2024 News Business Matters 0 Comments

Greggs has set its sights on conquering Britain’s high streets – by opening 160 new branches and updating its prices.

A petition calling for the former Post Office chief executive, Paula Vennells, to lose her CBE over the Horizon scandal has attracted more than 1 million signatures.

Former Post Office boss Paula Vennells hands back CBE ‘with immediate effect’

9 January 2024 News Business Matters 0 Comments

Former Post Office boss Paula Vennells will hand back her CBE with immediate effect amid the fallout of the Horizon IT scandal.

The governor of the Bank of England has sounded a warning note to the government not to move too far or too fast in deregulating the City.

Income tax revenues soar to £264bn under a decade of Tories

9 January 2024 News Business Matters 0 Comments

Income tax revenues have leapt by more than 70 per cent since 2010 to £264 billion, illustrating the sharp rise in the tax burden overseen by successive Conservative administrations since the party came to power more than a decade ago.

Sir Richard Branson has invited Alan Bates, a key campaigner for justice for victims of the Post Office scandal, for a “well-earned” holiday to his private Caribbean island.

Richard Branson offers Alan Bates ‘well-earned’ break on private Caribbean island for holiday

9 January 2024 News Business Matters 0 Comments

Sir Richard Branson has invited Alan Bates, a key campaigner for justice for victims of the Post Office scandal, for a “well-earned” holiday to his private Caribbean island.

The EU has announced €4bn (£3.4bn) of state aid investments in new factories producing electric batteries for cars, heat pumps and solar panels as it seeks to accelerate production and the uptake of green technologies and combat cheap Chinese imports.

EU announces €4bn aid deal to back battery and green tech factories

9 January 2024 News Business Matters 0 Comments

The EU has announced €4bn (£3.4bn) of state aid investments in new factories producing electric batteries for cars, heat pumps and solar panels as it seeks to accelerate production and the uptake of green technologies and combat cheap Chinese imports.

The American company behind a proposed huge Las Vegas-style Sphere entertainment venue in east London has withdrawn its plans.

Proposed development of Las Vegas-style Sphere in east London cancelled as plans are withdrawn

9 January 2024 News Business Matters 0 Comments

The American company behind a proposed huge Las Vegas-style Sphere entertainment venue in east London has withdrawn its plans.

A petition calling for the former Post Office chief executive, Paula Vennells, to lose her CBE over the Horizon scandal has attracted more than 1 million signatures.

Over one million sign petition to strip ex post office boss Vennells of CBE

8 January 2024 News Business Matters 0 Comments

A petition calling for the former Post Office chief executive, Paula Vennells, to lose her CBE over the Horizon scandal has attracted more than 1 million signatures.

More people than ever before were prepared to splash out several hundred thousand pounds on a new Rolls-Royce last year, despite the cost of living crisis.

Rolls-Royce new electric model helps Sussex based luxury carmaker set new sales record

8 January 20248 January 2024 News Business Matters 0 Comments

More people than ever before were prepared to splash out several hundred thousand pounds on a new Rolls-Royce last year, despite the cost of living crisis.

Thousands of green street cabinets are set to be turned into electric car charging points to tackle the chronic shortage, BT has announced. Despite nearly a million electric cars now on UK roads, there are still only 55,000 on-street charging points available. To create more, BT said it planned to retrofit up to 60,000 street boxes that currently contain broadband and phone cables for nearby homes.

BT set to repurpose thousands of green ‘street cabinets’ into electric car charging points to tackle ‘chronic shortage’

8 January 2024 News Business Matters 0 Comments

Thousands of green street cabinets are set to be turned into electric car charging points to tackle the chronic shortage, BT has announced.

Two million more people will be claiming disability benefits by the end of the decade as mental health problems help to push the cost to taxpayers up by more than 50 per cent.

Millions set to claim disability benefits as mental illness and long covid soars

8 January 2024 News Business Matters 0 Comments

Two million more people will be claiming disability benefits by the end of the decade as mental health problems help to push the cost to taxpayers up by more than 50 per cent.

The governor of the Bank of England has sounded a warning note to the government not to move too far or too fast in deregulating the City.

Hunt does not know if government can cut taxes again before election after NI reduction

8 January 2024 News Business Matters 0 Comments

Chancellor Jeremy Hunt has said that he is unsure if the government can afford further tax cuts – as a National Insurance (NI) reduction comes into force today.

UK taxpayers could have to pay as much as £1bn in compensation to former Post Office workers wrongly convicted of theft due to the defective Horizon IT system.

PM condemns ‘appalling miscarriage of justice’ of Horizon scandal as CPS looks at 700 convictions

8 January 2024 News Business Matters 0 Comments

Rishi Sunak has condemned the Post Office Horizon scandal as an “appalling miscarriage of justice”.

UKEF has partnered with other export credit agencies and MUFG as sole Mandated Lead Arranger to secure over €1.2 billion in financing for a sustainable railway project.

MUFG and export credit agencies unlock €1.2bn financing for Turkish electric railway

5 January 2024 News Business Matters 0 Comments

UKEF has partnered with other export credit agencies and MUFG as sole Mandated Lead Arranger to secure over €1.2 billion in financing for a sustainable railway project.

Houthi rebel disruptions reaching the Straits of Hormuz could double oil prices, Goldman Sachs has warned.

Oil prices could double if Red Sea shipping attacks continue warns Goldman Sachs

5 January 2024 News Business Matters 0 Comments

Houthi rebel disruptions reaching the Straits of Hormuz could double oil prices, Goldman Sachs has warned.

For the first time in almost two years, most estate agents think they will be selling more homes in a few months’ time than they are currently.

House prices started to rise again in 2023, says Halifax

5 January 2024 News Business Matters 0 Comments

House prices have stopped falling and are rising again, according to a closely watched report from the mortgage lender Halifax.

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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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