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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

Ryan Reynolds and Rob McElhenney have expanded their sporting portfolio by investing in Oxfordshire-based Formula One team Alpine Racing.

Ryan Reynolds and Rob McElhenney join investors buying into Alpine F1 team

26 June 2023 Get Funded, News Business Matters 0 Comments

Ryan Reynolds and Rob McElhenney have expanded their sporting portfolio by investing in Oxfordshire-based Formula One team Alpine Racing.

Sir Richard Branson's space tourism company Virgin Galactic says it will launch its first commercial flight before the end of this month.

Virgin Galactic prepares for lift off in key milestone for space tourism

26 June 2023 News Business Matters 0 Comments

Virgin Galactic’s commercial flights to space are getting ready for liftoff.

The building of new smart motorways is being cancelled as Rishi Sunak acknowledged concerns about safety and cost.

UK drivers complain as car insurance renewal costs rise up to 70%

26 June 2023 News Business Matters 0 Comments

Car insurance is the latest household bill to go through the roof, with angry motorists complaining that prices are shooting up by as much as 70% when their policy comes up for renewal.

Aston Martin is to create more than 100 jobs at its St Athan site in Wales, following the launch of its new DBX707 model – the world’s most powerful luxury SUV.

Aston Martin agrees deal to make electric vehicles with US firm Lucid

26 June 2023 News Business Matters 0 Comments

Aston Martin has struck a deal with the US firm Lucid to start making “ultra-luxury high-performance electric vehicles” from 2025.

Employees who have been claiming “Home Office Relief” during the Covid 19 Lockdown should be urgently reviewing their tax codes to clarify whether HMRC have included the relief within their notice of coding.

HMRC fined 184,000 low earners for not filing return despite no tax owing

26 June 202326 June 2023 News Business Matters 0 Comments

More than 180,000 people on low incomes were fined for not filing a tax return last year, even though they received so little that they had no tax to pay in the first place.

IWG, the world's largest provider of hybrid working solutions, has announced it is opening its doors to office workers who choose to cycle to work, in celebration of UK Bike Week.

Over 90% of mid-sized businesses struggling to access funds amidst rising interest rates

26 June 2023 News Business Matters 0 Comments

Over 90 per cent of mid-sized UK businesses are facing challenges accessing funding and financing amidst the wave of interest hikes by the Bank of England, according to research from BDO.

A water company boss has blamed people working from home for a new hosepipe ban.

Water company boss blames people working from home for hosepipe ban

25 June 2023 News Business Matters 0 Comments

A water company boss has blamed people working from home for a new hosepipe ban.

The introduction of short-term visas will not solve labour shortages in the food industry, the boss of Lidl has warned, adding that the retailer was working “harder than ever before” to keep shelves stocked.

Lidl gets injunction over Tesco trademark infringement which could cost UK’s biggest grocer £8m

25 June 2023 News Business Matters 0 Comments

German-owned discount supermarket Lidl can have an injunction to stop rival Tesco copying its logo, London’s High Court has ruled, despite hearing it will cost Tesco nearly £8m pounds to remove them all.

At Business Matters we have spoken to a number of experts to gauge their opinions about Jeremy Hunt's Spring Budget, and whilst the Chancellors announcements have gone down well, many sound notes of caution. 

Hunt and big banks set to ease mortgage pain with repossessions grace period

25 June 202325 June 2023 News Business Matters 0 Comments

Mortgage holders will get a 12-month grace period before banks begin repossessions on their homes, Jeremy Hunt has announced, after a crunch meeting with lenders at No11.

International Arrivals

Heathrow security staff call off strikes

25 June 2023 News Business Matters 0 Comments

Heathrow airport security staff have called off strikes after voting to accept a pay offer.

More than 20 councils across England are removing pay and display parking machines and asking people to pay using an app instead.

Over 20 councils replace pay and display parking machines with apps

25 June 2023 News Business Matters 0 Comments

More than 20 councils across England are removing pay and display parking machines and asking people to pay using an app instead.

gigafactory

Northumberland gigafactory plans suffers setback as Britishvolt owner’s raided by police

25 June 202325 June 2023 News Business Matters 0 Comments

The prospect of a new battery factory in Northumberland has suffered a setback after the buyer of Britishvolt was raided by Australian police.

The price of groceries could surge by £1.7bn due to the cost of carbon dioxide rising by as much as 3000%, new analysis has shown.

Global economy at risk of falling into permanent high inflation trap

25 June 2023 News Business Matters 0 Comments

The global economy is at risk of falling into a permanent high inflationary trap that will be difficult to “dislodge” as workers and companies chase rising prices, the Bank of International Settlements has warned.

Brexit regret has reached record levels, according to new polling which said just 9% of Brits consider it to be more of a success than a failure.

Most people think UK was wrong to leave EU, according to Tony Blair Institute

23 June 2023 News Business Matters 0 Comments

More than 50 per cent of people believe that the UK was wrong to leave the EU seven years on from the referendum, according to a new poll.

Andrew Bailey

Recession fears mount after rate rise

23 June 2023 News Business Matters 0 Comments

The economy is at a greater risk of falling into a recession in the year ahead as investors expect interest rates to rise to the highest level since 2000 in an effort to quell inflation.

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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

The Capital Business Media Group

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