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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

Offering a four-day working week could help to encourage staff into the office more, according to leading global workplace design experts, Unispace.

Business confidence back to levels before war in Ukraine

30 November 2023 News Business Matters 0 Comments

Falling inflation and speculation that interest rates have peaked have boosted business confidence back to levels not seen since before the onset of the energy crisis caused by the war in Ukraine, according to new research.

Cristiano Ronaldo, the Portuguese and former Manchester United footballer, is facing a lawsuit seeking “a sum exceeding” $1 billion over his promotion of Binance, the world’s largest cryptocurrency exchange.

Cristiano Ronaldo faces $1bn lawsuit for promoting Binance

30 November 2023 News Business Matters 0 Comments

Cristiano Ronaldo, the Portuguese and former Manchester United footballer, is facing a lawsuit seeking “a sum exceeding” $1 billion over his promotion of Binance, the world’s largest cryptocurrency exchange.

Lloyds Banking Group has been hit by more than 300 million pounds of suspected fraud linked to COVID-19 pandemic-era recovery loans for small businesses, the highest among big bank peers, according to government data.

Lloyds Banking Group shuts another 45 bank branches including 22 Halifax, 19 Lloyds and four Bank of Scotland – taking total closures in 2023 to 623 in blow to Britain’s high street

30 November 2023 News Business Matters 0 Comments

Lloyds Banking Group is shutting another 45 bank branches across its network amid the ongoing shift away from high street banking.

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.

Retail boss reveals plans to re-open 50 Wilko branches of the high street chain – including three before Christmas

29 November 202325 February 2024 News Business Matters 0 Comments

Wilko could be making a comeback as a retail boss has revealed plans to reopen nearly 300 branches of the high street chain across the UK – with three set to reopen before Christmas.

Amazon has become the latest tech giant to announce a chatbot powered by artificial intelligence (AI).

Amazon latest tech giant to announce AI chatbot

29 November 2023 News, Technology Business Matters 0 Comments

Amazon has become the latest tech giant to announce a chatbot powered by artificial intelligence (AI).

Low levels of buy-to-let activity have sent rents higher in the UK, according to a Hamptons report.

Rising rental costs and lack of choice forcing families to smaller homes

29 November 2023 News Business Matters 0 Comments

Thousands more families are renting smaller homes than they were three years ago.

Media presenter Kaye Adams of Atholl House Productions Limited has won her IR35 case after nine years and four tax tribunal hearings.

Presenter Kaye Adams wins IR35 case against HMRC after 9-year ordeal

29 November 202329 November 2023 News Business Matters 0 Comments

Media presenter Kaye Adams of Atholl House Productions Limited has won her IR35 case after nine years and four tax tribunal hearings.

Saudi Arabia’s sovereign wealth fund has taken a 10% stake in Heathrow for £1bn from the Spanish infrastructure company Ferrovial, which is selling off its holding in Europe’s biggest airport after 17 years.

Saudi wealth fund takes 10% stake in Heathrow airport

29 November 2023 News Business Matters 0 Comments

Saudi Arabia’s sovereign wealth fund has taken a 10% stake in Heathrow for £1bn from the Spanish infrastructure company Ferrovial, which is selling off its holding in Europe’s biggest airport after 17 years.

Rolls-Royce will sell its electric flight division as it focuses on improving profits in its jet engine business, under a new plan from its chief executive, Tufan Erginbilgiç.

Rolls-Royce to sell electric flight division to focus on jet engines

28 November 2023 News Business Matters 0 Comments

Rolls-Royce will sell its electric flight division as it focuses on improving profits in its jet engine business, under a new plan from its chief executive, Tufan Erginbilgiç.

Supermarket executives are being questioned by MPs over why food prices are still rising as some wholesale costs are falling.

Retail price inflation eases to 4.3% in November

28 November 2023 News Business Matters 0 Comments

Annual shop prices inflation is at its lowest level since June 2022, a survey suggested yesterday.

Giving written evidence to the UK Parliamentary Treasury Committee inquiry into SME finance, ACCA set out a gloomy picture of SMEs struggling to access finance.

Tech leaders debate UK’s skills crisis in Parliament

28 November 2023 News Business Matters 0 Comments

UK tech chiefs gathered in Parliament last night to discuss the country’s chronic skills crisis with MPs, business leaders and government policy makers.

Eurostar services from the Netherlands to London will be suspended for six months from June next year.

Eurostar Amsterdam-to-London services to be suspended for six months

27 November 202327 November 2023 News Business Matters 0 Comments

Eurostar services from the Netherlands to London will be suspended for six months from June next year.

McLaren has been forced to ask its shareholders for an additional £80m in funding, as it struggles to stay afloat amid a cash crisis.

McLaren receives £80m finance injection from shareholders as cash crisis continues

27 November 2023 News Business Matters 0 Comments

McLaren has been forced to ask its shareholders for an additional £80m in funding, as it struggles to stay afloat amid a cash crisis.

Rishi Sunak is to hold talks with supermarket bosses, trade bodies and farmers this month to address concerns over surging food prices and wider industry issues.

Rishi Sunak hopes to unveils £30bn of UK investment creating upto 12,000 jobs

27 November 2023 News Business Matters 0 Comments

Rishi Sunak will trumpet £29.5 billion of new investment commitments in Britain as global chief executives and investors gather today at a government investment summit at Hampton Court Palace.

HSBC

HSBC glitch hits Customers and businesses on one of the business shopping days of the year

24 November 202324 November 2023 News Business Matters 0 Comments

Customers and businesses who bank with HSBC UK are facing disruption on one of the busiest days for online purchases after the lender’s mobile and digital services were hit by an outage.

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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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