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Latest News:

  • HMRC checks 45 million PAYE accounts as P800 letters go out
  • London’s female founders pass £100m in Start Up Loans
  • Caudwell and Rose warn Britain is training entrepreneurs for export
  • Business rates review to reset how pubs and hotels are valued
  • Profits almost halve at Britain’s 100 biggest restaurant groups
  • Britain’s hidden productivity boom masked by ‘flawed’ ONS data
  • Uber faces €825m GDPR fine over automated driver deactivations
  • Dragons’ Den star Sara Davies takes stake in Not On The High Street turnaround
  • JLR pauses Defender redesign, pushing all-electric version into the 2030s
  • Hundreds of pharmacies weigh closure as business rates bills soar

Category: News

The latest news affecting small and medium sized (SME) businesses in the UK

Reports suggest stamp duty may be replaced with a levy on homes worth more than £500,000, with London and South East owners hit hardest

Britain’s property tax burden is now the heaviest of any major economy

18 May 2026 News Amy Ingham 0 Comments

UK property taxes have hit 3.7% of GDP, the heaviest burden in any major economy, with business rates revaluations putting SME investment at risk, warns Ryan.

Britain’s artificial intelligence sector has produced its first heavyweight league table of 2026, with Barclays placing Oxford-founded chip designer Fractile and Google DeepMind spinout Isomorphic Labs at the centre of its new AI 100 ranking, a list that crystallises just how quickly the UK’s AI economy is maturing.

Barclays crowns Fractile and Isomorphic Labs in inaugural AI 100 as Britain’s tech race intensifies

18 May 2026 AI, Get Funded, News, Technology Jamie Young 0 Comments

Barclays Eagle Labs names Oxford chip pioneer Fractile and DeepMind spinout Isomorphic Labs among Britain’s top AI start-ups, as UK AI funding tops £8.3bn.

OpenAI has agreed a multibillion-dollar partnership with Advanced Micro Devices (AMD) to secure massive computing power for its next generation of artificial intelligence models — a direct challenge to Nvidia’s dominant position in the global AI chip market.

Britain’s AI boom hits record £8.3bn as London cements European tech crown

18 May 2026 AI, Get Funded, News Amy Ingham 0 Comments

UK AI investment hit a record £8.3bn in 2025, with London home to nearly three quarters of Britain’s AI fintech firms, Barclays Eagle Labs research reveals.

Betting chief warns thousands of UK jobs at risk as online gaming tax doubles

Bookmakers ready legal challenge as Gambling Commission prepares to wave through affordability checks

18 May 2026 News Amy Ingham 0 Comments

UK bookmakers are preparing High Court action over the Gambling Commission’s affordability checks, warning of “serious failings”, lost tax receipts and a fast-growing black market.

According to Treasury sources briefing the FairFuelUK campaign, Chancellor Rachel Reeves is preparing to drop the planned fuel duty rise from her Autumn Budget, though insiders caution that any reprieve is unlikely to survive beyond the March 2027 Financial Statement.

Treasury wobble: Reeves poised to ditch autumn budget fuel duty hike as fairfueluk pressure tells

18 May 202617 May 2026 News Amy Ingham 0 Comments

Treasury sources signal Rachel Reeves will drop the Autumn Budget fuel duty hike after FairFuelUK lobbying, a 148,000-signature petition and SME pressure.

Britain’s biggest business organisations have closed ranks against a wave of antisemitism sweeping the country, with 40 trade bodies and employer groups signing a joint letter pledging to root out anti-Jewish prejudice from the nation’s workplaces.

UK business chiefs unite to combat workplace antisemitism as Met chief warns jews ‘not safe’ in London

15 May 202615 May 2026 News Jamie Young 0 Comments

Forty UK business organisations led by the BCC and CBI sign a joint letter pledging zero tolerance of workplace antisemitism, as Met chief Sir Mark Rowley warns MPs that Jews are ‘not currently safe’ in London.

Lord Anthony Bamford, the billionaire chairman of JCB and one of the Conservatives’ most prolific donors, has donated £200,000 to Nigel Farage’s Reform UK, signalling growing business support for the populist party.

JCB chairman Lord Bamford warns ministers face public revolt over £333bn welfare bill

15 May 2026 News Jamie Young 0 Comments

JCB chairman Lord Bamford warns ministers risk a public revolt over Britain’s £333bn welfare bill, accusing Westminster of “conning” taxpayers with payouts of up to £60,000 a year.

NatWest, the UK's largest business bank with 1.5 million business customers, is set to provide expedited access to loans of up to £250,000 within 24 hours of application, in response to increasing competition from alternative lenders.

Treasury orders review into bank branch closures as small firms count the cost

15 May 2026 News Amy Ingham 0 Comments

The Treasury has ordered an independent review into the impact of 6,700 UK bank branch closures, paving the way for tougher rules on face-to-face banking for small firms and consumers.

The 150-year-old British sweeteners and ingredients group Tate & Lyle has confirmed it is in advanced discussions with the American food science giant Ingredion over a possible £2.7 billion cash takeover, a move that, if completed, would lift another household name off the London market and forge a transatlantic ingredients heavyweight valued at more than $10 billion (£8 billion).

Tate & Lyle weighs £2.7bn approach from US rival Ingredion

15 May 202614 May 2026 News Amy Ingham 0 Comments

Tate & Lyle confirms £2.7bn takeover talks with Illinois-based Ingredion, with a 615p-a-share bid sending shares up 45% and raising fresh fears over the London market.

GameStop, the American video game chain that became the standard-bearer of the 2021 meme stock frenzy, has stunned Wall Street with an unsolicited $55.5bn (£40.9bn) cash-and-stock offer for the online marketplace eBay, an audacious reverse takeover that would see a company worth roughly a quarter of its target attempt to swallow it whole.

ebay rebuffs GameStop’s surprise $55.5bn swoop

14 May 2026 Get Funded, News Amy Ingham 0 Comments

eBay has rejected a surprise $55.5bn takeover bid from GameStop, calling it “neither credible nor attractive”. Ryan Cohen may now go direct to shareholders.

National Grid has unveiled what amounts to the most ambitious capital programme in its history, pledging a further £70bn over the next five years to rewire the energy systems of Britain and the north-eastern United States.

National Grid commits record £70bn to power the next decade of energy networks

14 May 2026 News Jamie Young 0 Comments

National Grid pledges a record £70bn over five years to modernise UK and US energy networks, lifting profits, dividends and share price as RIIO-T3 unlocks growth.

Rachel Reeves touched down in Washington on Tuesday carrying an unwelcome piece of luggage: the International Monetary Fund's verdict that Britain is the biggest economic casualty of the Iran war among the world's wealthiest nations.

UK economy defies gloom with surprise March growth as Iran war clouds outlook

14 May 2026 News Amy Ingham 0 Comments

UK GDP rose 0.3% in March and 0.6% over Q1 2026, ONS data shows, but economists warn Iran war fallout and political instability threaten the months ahead.

Mark Zuckerberg's Meta Platforms has suffered a significant legal setback in Europe after the bloc's highest court ruled that national regulators have the power to enforce compensation arrangements between online platforms and news publishers for the use of their journalism.

Meta dealt blow by EU court in landmark ruling on publisher payments

14 May 2026 Legal, News Jamie Young 0 Comments

Meta has lost a pivotal EU court case after challenging Italy’s right to set compensation for press content. The ruling strengthens publishers’ hand in negotiations with Big Tech platforms over snippets and AI training data.

Global oil stockpiles are emptying at the fastest pace ever recorded as the war in the Middle East tips the world into a deepening supply deficit, in a development that threatens to derail the recovery of Britain's small and medium-sized businesses just as they were beginning to find their footing.

Oil stocks drain at record pace as Iran war chokes global supply

14 May 2026 News Amy Ingham 0 Comments

Global oil inventories are draining at the fastest rate on record after the closure of the Strait of Hormuz. The IEA warns of a 1.8m barrel-a-day deficit and the worst energy crisis in history.

Nvidia, the world’s most valuable company, is in advanced talks to pump $500 million (£400m) into Wayve, a UK-based self-driving car start-up.

Wayve lands government deal in race to put Britain in the self-driving fast lane

13 May 2026 News Amy Ingham 0 Comments

Britain’s AI scale-up Wayve signs a Memorandum of Understanding with the Department for Business and Trade to fast-track self-driving vehicles, anchor manufacturing jobs and cement the UK’s lead in autonomous mobility.

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Latest Content

HMRC is reviewing around 45 million PAYE accounts to identify people who have paid too much or too little income tax, with P800 tax calculation letters already being issued and checks continuing until November 2026.

HMRC checks 45 million PAYE accounts as P800 letters go out

The HMRC PAYE review covers around 45 million accounts, with P800 tax calculation letters already being issued and checks running until November 2026. Overpayments are being dealt with first, but workers claiming refunds across more than one year will now have to request the money themselves.

London’s female founders pass £100m in Start Up Loans

Caudwell and Rose warn Britain is training entrepreneurs for export

Business rates review to reset how pubs and hotels are valued

Profits almost halve at Britain’s 100 biggest restaurant groups

Britain’s hidden productivity boom masked by ‘flawed’ ONS data

Uber faces €825m GDPR fine over automated driver deactivations

Dragons’ Den star Sara Davies takes stake in Not On The High Street turnaround

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