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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

The government will not reverse post-financial crisis banking regulation, Jeremy Hunt has said, amid growing concerns that Britain is loosening post-Brexit rules for the City.

Government borrows less than expected in September

23 October 2023 News Business Matters 0 Comments

Government borrowing in September was lower than most economists had expected but remains high, figures show.

New,York,,Ny,-,May,15,,2019:,Jeff,Bezos,Arrives

Billionaires should face a minimum tax rate, report says

23 October 2023 News Business Matters 0 Comments

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.

JLR Loss

Jaguar Land Rover unveils £250m EV facility as electrification powers up

23 October 2023 News Business Matters 0 Comments

Jaguar Land Rover has unveiled a new £250m engineering facility at its centre in Whitley, Coventry, bringing 350 jobs to the region.

Border Force strikes threaten misery for millions of passengers arriving at UK airports during the first restriction-free Christmas in three years.

SMEs fear winter supply chain crunch could hit revenue in crucial Christmas trading period

23 October 2023 News Business Matters 0 Comments

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.

steel production

British Steel owner preparing to cut as many as 2,000 jobs

23 October 202323 October 2023 News Business Matters 0 Comments

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.

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.

Bamford brothers behind JCB empire could face £500m bill to settle tax inquiry

23 October 202323 October 2023 News Business Matters 0 Comments

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.

Rishi Sunak

Tories plan stamp duty cut to win over voters

21 October 202321 October 2023 News Business Matters 0 Comments

Senior Tories are considering an “aspirational” pledge to slash stamp duty in an attempt to turn around the Conservative Party’s political fortunes.

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.

House of Lords criticise Government response to digital exclusion report

21 October 2023 News Business Matters 0 Comments

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 announces tax rises and says UK in recession

Jeremy Hunt urged to tackle sickness and later payers in autumn statement

21 October 202322 October 2023 News Business Matters 0 Comments

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 tearing their hair out in the search for Christmas presents online amid strike-hit parcel deliveries have been urged to try a low-tech solution: their local high street.

Shoppers are cutting back on spending as cost of living bites

20 October 2023 News Business Matters 0 Comments

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.

HS2

Taxpayers could lose £100m as HS2 land no longer needed is sold off

20 October 2023 News Business Matters 0 Comments

A “fire sale” of land bought for HS2 north of Birmingham is set to cost the taxpayer more than £100 million, analysis has revealed.

Elon Musk has suggested that all users of X, formerly called Twitter, may have to pay for access to the platform.

Musk confirms X is set to have two new premium tiers

20 October 2023 News, Technology Business Matters 0 Comments

Elon Musk has said his social media platform X, formerly known as Twitter, will launch two new tiers of premium subscriptions.

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.

English winemakers set to record record crop after ‘exceptional’ conditions

20 October 2023 News Business Matters 0 Comments

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 launches humanoid robots to 'free up' staff

Amazon to launch humanoid robots to ‘free up’ staff

19 October 2023 News Business Matters 0 Comments

Amazon is trialling humanoid robots in its US warehouses, in the latest sign of the tech giant automating more of its operations.

Nestle will close down a baby formula factory in Ireland due to a falling birth rate in China, placing 560 jobs at risk.

Nestle to close baby formula factory in Ireland in response to falling Chinese birthrates

19 October 2023 News Business Matters 0 Comments

Nestle will close down a baby formula factory in Ireland due to a falling birth rate in China, placing 560 jobs at risk.

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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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