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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

Pubs, bars and restaurants are among the UK’s smaller businesses expecting a £180 million boost thanks to extended licensing hours for the coronation weekend, according to Barclays.

Last orders called on takeaway pints as Home Office ends pub pandemic scheme

7 August 2023 News Business Matters 0 Comments

Bad news for pub goers who enjoy a cold pint on the go as the government has decided to put an end to the Covid-19 scheme which allowed pubs to sell takeaway pints.

Police are set to get controversial new powers to stop groups like Just Stop Oil holding ‘slow walking’ protests.

Just Stop Oil’s demands are ‘contemptible’, says Starmer

7 August 2023 News Business Matters 0 Comments

Just Stop Oil’s demands to “turn off the taps in the North Sea” are “contemptible” and would lead to working people paying the price for the energy transition, said Labour leader Sir Keir Starmer.

Here are the main points of Kwasi Kwarteng’s fiscal statement on the government’s economic plan to drive down inflation and cut taxes to bolster growth.

Kwasi Kwarteng admits his mini-budget turmoil affected own mortgage

7 August 2023 News Business Matters 0 Comments

Kwasi Kwarteng has admitted that he has a tracker mortgage for which the payments have risen “a great deal” as a result of the economic turmoil after his mini-budget.

The boss of Shakespeare’s Globe, Neil Constable, says that its ticket sales have fallen since a tax-free shopping scheme for international visitors was ended.

Shakespeare’s Globe Theatre feels the impact of Tourist Tax on sales

7 August 20237 August 2023 News Business Matters 0 Comments

The boss of Shakespeare’s Globe, Neil Constable, says that its ticket sales have fallen since a tax-free shopping scheme for international visitors was ended.

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

House prices fall for fourth month in a row

7 August 2023 News Business Matters 0 Comments

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

The UK’s shrinking and ageing population is limiting economic growth, with “outdated and static” working practices, MPs have warned.

UK Business Confidence slides and hiring falls, says BDO survey

7 August 2023 News Business Matters 0 Comments

Hiring intentions and business confidence saw declines across both the services and manufacturing sectors in July with economic growth set to slow.

Sadiq Khan has expanded the grant scheme for London’s ultra-low emission zone (Ulez) to cover any household with a heavily polluting car or motorbike, spending an extra £50m after intense pressure over the political fallout of the plan.

Khan expands £2,000 Ulez grant to all Londoners with non-compliant vehicles

4 August 2023 News Business Matters 0 Comments

Sadiq Khan has expanded the grant scheme for London’s ultra-low emission zone (Ulez) to cover any household with a heavily polluting car or motorbike, spending an extra £50m after intense pressure over the political fallout of the plan.

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Potential Collapse of Wilko: Fighting for Survival in the Retail Industry with 12,000 jobs at risk

3 August 20233 August 2023 News Business Matters 0 Comments

The retail landscape in the UK is facing another blow as budget retailer Wilko teeters on the brink of collapse with over 400 stores and approximately 12,000 jobs at stake.

Bank of England

Bank of England Raises Interest Rates to 5.25%: A Milestone in the Fight Against Inflation

3 August 2023 News Business Matters 0 Comments

In a significant move to combat high inflation, the Bank of England (BoE) has announced its 14th consecutive interest rate hike, pushing rates to a fresh 15-year high of 5.25%.

UK Brexit checks on fresh food from EU delayed for fifth time

Brexit checks on fresh food from EU delayed for fifth time

3 August 2023 News Business Matters 0 Comments

Brexit checks on fresh farm produce coming to the UK from the EU have once again been delayed for a fifth time.

EU's Product Safety Symbo

UK Government to Recognise the EU’s Product Safety Symbol Indefinitely

3 August 2023 News Business Matters 0 Comments

In a significant post-Brexit climbdown, the UK government has decided to indefinitely recognize the European Union’s (EU) product safety symbol. Originally, the plan was to introduce a new UK-only mark for goods sold in Great Britain from the end of next year.

Google’s AI training programme has been labelled a “vote of confidence” in ambitions to make the UK the “Home of AI”, according to Michelle Donelan, head of the Department for Science, Innovation and Technology.

Michelle Donelan: Google AI training programme supports UK as the ‘Home of AI’

3 August 2023 News Business Matters 0 Comments

Google’s AI training programme has been labelled a “vote of confidence” in ambitions to make the UK the “Home of AI”, according to Michelle Donelan, head of the Department for Science, Innovation and Technology.

Etsy has said it is “substantially decreasing” the amount of sellers’ funds held in reserve globally after UK vendors began boycotting the online craft marketplace over a hold-up in payments.

Etsy to ‘substantially’ cut vendors’ funds held in reserve after UK boycott

3 August 2023 News Business Matters 0 Comments

Etsy has said it is “substantially decreasing” the amount of sellers’ funds held in reserve globally after UK vendors began boycotting the online craft marketplace over a hold-up in payments.

The number of struggling firms striking Company Voluntary Arrangements (CVAs) with creditors has plunged 47 per cent in the past year after tax authorities tightened the way they can reclaim debts, new data has revealed.

Missed bill payments back to winter levels

2 August 20233 August 2023 News Business Matters 0 Comments

The number of people missing payments on essential household bills like energy, phone and water is as high as it was over the winter, according to consumer group Which?.

CE certification plays a crucial role in the technology industry, ensuring product safety and quality.

Cost of living crisis hits ‘zombie’ companies

2 August 2023 News Business Matters 0 Comments

Companies are registering increased levels of financial distress as directors grapple with rising costs and a downturn in spending by both consumers and businesses.

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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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