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

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UK signs financial deal with Switzerland

Chancellor Jeremy Hunt is in Switzerland to sign a deal that makes it easier for UK and Swiss financial firms to deal with each other.

Inflation has fallen faster than expected to its lowest level in over two years, dragged down by easing petrol and food prices, adding impetus to growing calls for the Bank of England to begin lowering interest rates next year.
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UK inflation rate falls to 3.9%

Inflation has fallen faster than expected to its lowest level in over two years, dragged down by easing petrol and food prices, adding impetus to growing…

The pay gap at the UK’s largest companies, which measures the difference in earnings between pay packets for chief executives and average employees, rose last year despite upward pressure on wages across the economy.
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Pay gap at UK’s largest companies widens

The pay gap at the UK’s largest companies, which measures the difference in earnings between pay packets for chief executives and average employees, rose last year…

Business confidence is high among SME leaders in the UK, with three in five forecasting increases in revenue over the next 12 months.
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UK Job vacancies fall below one million

The number of job openings in the UK has dipped below 1 million for the first time since May 2021, signalling that the labour market is…