The European Commission is poised to break a promise to outlaw all but the most essential of Europe’s hazardous chemicals, leaked documents show.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
New study highlights regional variations in HMRC’s tax investigation priorities
Businesses across Britain have been put on alert amid rising concerns over HMRC’s determination to increase tax investigations, which can take months to complete and cost thousands of pounds in advisor fees.
Hiring by UK firms slows amid ‘lingering economic uncertainty’
British businesses are slowing down hiring just as the number of people looking for work rises, according to data that suggested “lingering uncertainty” over the economic outlook.
Twitter traffic sinks in wake of changes and launch of rival platform Threads
Twitter’s website traffic is “tanking” according to the chief of internet services company Cloudflare, amid signs users are migrating to alternative platforms such as Threads, BlueSky and Mastodon.
Billionaire Issa brothers back hydrogen-powered lorry start-up
The billionaire brothers who own Asda have invested into a fledgling zero-emission lorry company and plan to create Britain’s first network of hydrogen fuel stations to support the decarbonisation of Britain’s 300,000 heavy goods vehicles.
UK FinTech funding drops 37 per cent
UK FinTech funding has dipped in the first half of 2023, as total cash raised by UK fintech firms reached $2.9 billion in the first six months, showing a 37 per cent decrease compared to the later half of last year, according to new figures from industry body Innovate Finance.
Chancellor to outline £50bn city reforms to turbocharge SMEs
Chancellor Jeremy Hunt will today set out a series of “Mansion House reforms” intended to channel tens of billions of pounds of Britain’s pensions savings into high-growth companies.
Lancaster researchers awarded £1.8million to help accelerate technology adoption in law and accountancy firms
Academics from Lancaster University Management School (LUMS) have been awarded a £1.8million grant to accelerate the take up of digital technology amongst UK law and accountancy firms.
Chinese owner of iconic MG car brand to build Europe plant to keep up with demand
China’s largest car manufacturer SAIC Motor says it will build its first factory in Europe, after sales of its vehicles on the continent jumped.
British businesses report 7.1m scams last year, says NCSC report
British businesses and individuals reported a suspicious email or website every five seconds in 2022, a new report from GCHQ’s National Cyber Security Centre (NCSC).
British recorded music exports defy increasing global competition to reach £700m for first time
British recorded music exports have defied increasing global competition to grow by a record amount in 2022 as UK artists dominate the year’s biggest global streaming hits.
Stubborn UK inflation may lead to 7% interest rates, economists warn
The Bank of England may need to push interest rates to as high as 7% to tackle stubbornly high inflation, economists have warned, amid fears the soaring cost of borrowing could drive the economy into recession.
Plans for mass closure of railway ticket offices in England confirmed
Rail firms have announced plans for the mass closure of England’s ticket offices to “modernise” the railway, ramping up the battle with unions and infuriating disability and passenger groups.
UK services sector growth drops to slowest pace in three months
The services sector expanded at its slowest pace in three months in June, but growth remained resilient despite rising interest rates and economic uncertainty weighing on demand, a closely watched survey has shown.
Iceland will shut another five stores after closing more than half a dozen already this year
Supermarket giant Iceland is to close even more stores following a string of closures this year.
















