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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

Budget supermarket chain Aldi has unveiled plans to expand its workforce creating over 1,700 new job opportunities in its regional distribution centres across the country.

Aldi Announces Significant Job Openings in the UK

17 August 2023 News Business Matters 0 Comments

Budget supermarket chain Aldi has unveiled plans to expand its workforce creating over 1,700 new job opportunities in its regional distribution centres across the country.

Unions have called on the government to take urgent action to fix a “whopping pensions gap”, as research showed women working in many industries have half the retirement savings of men.

Retirees to Receive an 8% Boost to Pensions as Rishi Sunak Commits to ‘Triple Lock’

17 August 202316 August 2023 News Business Matters 0 Comments

Retirees in the UK can expect an 8% increase in their pensions next year, as Chancellor Rishi Sunak reaffirms his commitment to the ‘triple lock’ policy.

Food inflation cooled slightly in May as lower energy and commodity costs finally showed signs of filtering down to consumers.

Food price inflation in UK falls for fifth month in a row

16 August 2023 News Business Matters 0 Comments

Food price inflation in the UK eased to 12.7% last month, the second sharp drop in a row, as the price of milk fell back but eggs, sweets and oven chips continued to increase.

Jaguar Land Rover (JLR) has recently announced its plans to create hundreds of new job opportunities in the West Midlands region.

Jaguar Land Rover Creates 300 New Jobs in West Midlands

16 August 2023 News Business Matters 0 Comments

Jaguar Land Rover (JLR) has recently announced its plans to create hundreds of new job opportunities in the West Midlands region.

Rail cancellations have reached their highest level on record with more than 314,000 trains fully or partly cancelled across the UK in a year.

Train fares set for huge rise in 2024 – but it’ll be less than a 9 per cent hike

16 August 2023 News Business Matters 0 Comments

Next year’s rise in English rail fares will be below 9% as the Government announced on Tuesday that any increase will be below the rise in the Retail Prices Index (RPI) measure of inflation for the 12 months to July.

Inflation has risen to its highest level in nearly three decades because of a spike in the cost of a range of goods and services, from food and energy to furniture and clothes.

UK inflation rate falls for first time since Russia’s invasion of Ukraine to 6.8% in July

16 August 202316 August 2023 News Business Matters 0 Comments

UK inflation has fallen to its weakest level since before Russia’s invasion of Ukraine, pushed down by energy bills falling after the lower price cap took effect in July.

The UK government has announced a new multimillion pound investment in Artificial intelligence (AI) to transform the way industries cut their carbon emissions.

UK government announces £4m AI funding to cut carbon emissions

16 August 2023 News Business Matters 0 Comments

The UK government has announced a new multimillion pound investment in Artificial intelligence (AI) to transform the way industries cut their carbon emissions.

Monzo

Monzo Tops Satisfaction Rankings in the UK Banking Industry

15 August 2023 News Business Matters 0 Comments

Challenger bank Monzo has topped an official league table charting whether customers would recommend their bank to family and friends.

The Financial Conduct Authority (FCA) has launched an inquiry to investigate the phenomenon of 'debanking', aiming to assess the extent to which individuals, particularly politically exposed persons (PEPs) such as politicians and military leaders, have faced the denial of banking services.

City Watchdog Initiates Inquiry into ‘Debanking’ Practices

15 August 2023 News Business Matters 0 Comments

The Financial Conduct Authority (FCA) has launched an inquiry to investigate the phenomenon of ‘debanking’, aiming to assess the extent to which individuals, particularly politically exposed persons (PEPs) such as politicians and military leaders, have faced the denial of banking services.

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

Number of Landlords Selling Up in UK Grows as Mortgage Rates Surge

15 August 2023 News Business Matters 0 Comments

The landscape of the UK rental market is undergoing a significant shift as a growing number of landlords are opting to sell their properties amid a surge in mortgage rates.

Job Centre

UK Unemployment Rate Rises Amidst Record Pay Growth

15 August 2023 News Business Matters 0 Comments

The latest data from the Office for National Statistics (ONS) reveals that the unemployment level in the UK has experienced a slight increase.

Wilko plans to cut more than 400 jobs, including assistant store managers, retail supervisors, head office managers and call centre workers, in the troubled retailer’s latest effort to control costs.

Bidders vying for Wilko given Wednesday deadline for rescue offers

15 August 2023 News Business Matters 0 Comments

Companies vying to buy Wilko have been given until Wednesday to make an offer for the homewares chain which fell into administration last week.

HM Revenue and Customs (HMRC) is under increasing pressure to release estimates on offshore tax avoidance by some of the wealthiest individuals in the UK. This comes after the figures were withheld in a report published during the election campaign.

HMRC to hire 1,630 extra temps monthly to improve falling customer satisfaction 

14 August 2023 News Business Matters 0 Comments

HMRC revealed its plans to engage 1,630 extra temporary workers every month until September, as it looks to improve declining service levels – a move which flexible working expert, Qdos, has said “smacks of irony”.

Amazon, the global online retail giant, has partially relented following a row over new rules that would have affected thousands of marketplace sellers in the UK and continental Europe.

Amazon Delays Rule Change for UK Sellers Amidst Concerns of Business Collapse

14 August 2023 News Business Matters 0 Comments

Amazon, the global online retail giant, has partially relented following a row over new rules that would have affected thousands of marketplace sellers in the UK and continental Europe.

AI as important as Maths and English, claims Euan Blair’s start-up

Teaching AI as important as Maths and English, claims Euan Blair’s start-up

14 August 202314 August 2023 News Business Matters 0 Comments

Artificial intelligence training is as important for students as maths and english according to Multiverse, the training company set up by Tony Blair’s son.

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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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