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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

Alison Rose

Ex-NatWest chief breached Nigel Farage’s privacy, ICO rules

26 October 2023 News Business Matters 0 Comments

The former NatWest chief executive breached data protection laws when she spoke to a BBC journalist about the planned closure of Nigel Farage’s bank accounts, the UK’s information watchdog has ruled.

Two British banks are embroiled in a dispute over a COVID loan which could leave taxpayers on the hook for a six-figure sum.

Investec and OakNorth embroiled in row over COVID taxpayer loan guarantee

26 October 2023 News Business Matters 0 Comments

Two British banks are embroiled in a dispute over a COVID loan which could leave taxpayers on the hook for a six-figure sum.

China's largest car manufacturer SAIC Motor says it will build its first factory in Europe, after sales of its vehicles on the continent jumped.

UK car production soars as industry warns of looming Brexit rules ‘threat’

26 October 2023 News Business Matters 0 Comments

UK carmakers have recorded their best September since 2020 – but warned growth is “under threat” from new Brexit export rules due to come into force within months.

UK house prices have fallen for the fourth month in a row as the market showed resilience despite higher borrowing costs.

UK house prices will not stop falling until 2025, Lloyds Bank data forecasts

25 October 2023 News Business Matters 0 Comments

UK house prices will continue to slide this year and in 2024 and will not start to recover until 2025, Lloyds Banking Group has forecast.

Cardiff,,Wales,,Uk.,July,6th,2019.,Jeremy,Hunt,Arrives,For

Britain’s drivers demand ‘three factors’ from new Budget amid anti-motorist purge

25 October 2023 News Business Matters 0 Comments

Motoring experts have called on the Government to include vital information in the upcoming Autumn Budget to help hard-pressed drivers.

The owner of Pepco, Poundland and Dealz, the European discount retail brands, has pledged to “protect prices” after reporting a 17.5 per cent rise in first-half revenue driven by new store openings.

Poundland announces 19 more former Wilko stores to open

25 October 2023 News Business Matters 0 Comments

Poundland has announced it will reopen 19 more former Wilko stores in the next two weeks, bringing the total number of Wilko-to-Poundland conversions to 56.

Porsche has reported a jump in sales and profits in the first nine months of the year thanks to strong performances from its bestselling Cayenne series and all-electric Taycan.

Porsche sales defy economic gravity as luxury cars outpace recession fears

25 October 202325 October 2023 News Business Matters 0 Comments

Porsche has reported a jump in sales and profits in the first nine months of the year thanks to strong performances from its bestselling Cayenne series and all-electric Taycan.

Santander’s UK division saw healthy pre-tax profit in the first nine months of 2023 but has slashed UK mortgage lending amid higher interest rates.

Santander cuts UK mortgage lending by more than £10bn

25 October 2023 News Business Matters 0 Comments

Santander’s UK division saw healthy pre-tax profit in the first nine months of 2023 but has slashed UK mortgage lending amid higher interest rates.

Instagram owner Meta has been fined €405m (£349m) by the Irish data watchdog for letting teenagers set up accounts that publicly displayed their phone numbers and email addresses.

Meta sued by 33 US states over claims youth mental health endangered by Instagram

25 October 2023 News Business Matters 0 Comments

The attorneys general of dozens of US states are suing Instagram and its parent company Meta over their impact on young users, accusing them of contributing to a youth mental health crisis through the addictive nature of their social media platforms.

Scammers were responsible for nearly 1.4m cases of fraud in the UK during the first half of 2023 – the equivalent of one every 12 seconds – with romance scams and ID theft among the fastest growing categories.

UK consumers lose £580m to fraudsters in first half of 2023, new figures reveal

25 October 2023 News Business Matters 0 Comments

Scammers were responsible for nearly 1.4m cases of fraud in the UK during the first half of 2023 – the equivalent of one every 12 seconds – with romance scams and ID theft among the fastest growing categories.

Canary Wharf

Cap on bankers’ bonuses to be scrapped within days

24 October 2023 News Business Matters 0 Comments

Britain’s financial regulators have confirmed that the cap on bankers’ bonuses will be scrapped from next week as part of a post-Brexit bid to boost the attractiveness of the City of London.

The UK unemployment rate remains low, according to the latest official figures.

UK unemployment rate remains low at 4.2% as number of job vacancies falls

24 October 2023 News Business Matters 0 Comments

The UK unemployment rate remains low, according to the latest official figures.

The Government has injected £75 million into regional innovation hubs to support local businesses and fuel regional economies across the UK.

Government injects £75m into regional innovation hubs

24 October 202324 October 2023 News Business Matters 0 Comments

The Government has injected £75 million into regional innovation hubs to support local businesses and fuel regional economies across the UK.

self-assessment tax return

Less than 100 days until tax return is due: self-employed and those with side hustles told

24 October 2023 News Business Matters 0 Comments

HMRC has reminded self-employed workers, including those with side hustles, that there are less than 100 days until the self-assessment tax return is due. 

A total of 23 schemes will receive a share of the York and North Yorkshire Net Zero Fund

Net zero projects in York and North Yorkshire have been approved for allocations from a £7M net zero fund

23 October 2023 News Business Matters 0 Comments

A total of 23 schemes will receive a share of the York and North Yorkshire Net Zero Fund

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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

The Capital Business Media Group

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