Government borrowing in September was lower than most economists had expected but remains high, figures show.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Billionaires should face a minimum tax rate, report says
Billionaires should face a minimum tax rate, according to a report which found some of the world’s mega-wealthy are paying little to no tax.
Jaguar Land Rover unveils £250m EV facility as electrification powers up
Jaguar Land Rover has unveiled a new £250m engineering facility at its centre in Whitley, Coventry, bringing 350 jobs to the region.
SMEs fear winter supply chain crunch could hit revenue in crucial Christmas trading period
Supply chain disruption is the top concern of medium-sized businesses ahead of winter, a survey has found, as rising costs put pressure on revenue targets.
British Steel owner preparing to cut as many as 2,000 jobs
British Steel’s Chinese owner is preparing to cut as many as 2,000 jobs as it battles losses believed to be running at £30m a month, according to reports.
Bamford brothers behind JCB empire could face £500m bill to settle tax inquiry
Anthony and brother Mark Bamford, the two brothers behind the JCB digger empire could be hit with a bill for more than £500m to settle a longrunning investigation by HM Revenue and Customs.
Tories plan stamp duty cut to win over voters
Senior Tories are considering an “aspirational” pledge to slash stamp duty in an attempt to turn around the Conservative Party’s political fortunes.
House of Lords criticise Government response to digital exclusion report
The House of Lords Communications and Digital Committees has criticised the government’s response to their digital exclusion report as the government highlighted they would not be creating a new strategy to address digital exclusion within the UK.
Jeremy Hunt urged to tackle sickness and later payers in autumn statement
Jeremy Hunt is being urged to make next month’s autumn statement a “small business moment” by extending business rates relief, getting the long-term sick back to work and reforming the planning system.
Shoppers are cutting back on spending as cost of living bites
Shoppers cut back on spending on clothes and other non-essential items last month as cost of living pressures and high energy prices began to bite on households.
Taxpayers could lose £100m as HS2 land no longer needed is sold off
A “fire sale” of land bought for HS2 north of Birmingham is set to cost the taxpayer more than £100 million, analysis has revealed.
Musk confirms X is set to have two new premium tiers
Elon Musk has said his social media platform X, formerly known as Twitter, will launch two new tiers of premium subscriptions.
English winemakers set to record record crop after ‘exceptional’ conditions
Many English winemakers say they are expecting to harvest their biggest ever crop over the next few weeks as a combination of favourable weather conditions and expansion boosts production.
Amazon to launch humanoid robots to ‘free up’ staff
Amazon is trialling humanoid robots in its US warehouses, in the latest sign of the tech giant automating more of its operations.
Nestle to close baby formula factory in Ireland in response to falling Chinese birthrates
Nestle will close down a baby formula factory in Ireland due to a falling birth rate in China, placing 560 jobs at risk.
















