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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

Ocado

Ocado shares surge on Amazon takeover rumours

23 June 2023 News Business Matters 0 Comments

Ocado shares have surged amid speculation that the online grocer might be the subject of takeover talks from Amazon or another US tech firm.

Grocery prices inflation reached a high of 17.1 per cent last month, with the fastest rises recorded in essentials such as milk, eggs and margarine.

Soaring inflation forces Brits to tighten belts on groceries with DIY and fuel sales pick up

23 June 2023 News Business Matters 0 Comments

Brits are still splashing the cash amid soaring inflation, with retail sales estimated to have increased by 0.3 per cent last month off the back of non-food splurging.

The Church of England is divesting from fossil fuels in its multibillion pound endowment and pension funds over climate concerns and what the church claims are recent U-turns by oil and gas companies.

Church of England divests of fossil fuels as oil and gas firms ditch climate pledges

23 June 2023 News Business Matters 0 Comments

The Church of England is divesting from fossil fuels in its multibillion pound endowment and pension funds over climate concerns and what the church claims are recent U-turns by oil and gas companies.

Amazon has announced more than 100 new apprenticeships in organisations across the creative industries, doubling its creative industries apprenticeship levy funding to £2m.

Amazon doubles creative industry apprenticeship funding to £2m

23 June 2023 News Business Matters 0 Comments

Amazon has announced more than 100 new apprenticeships in organisations across the creative industries, doubling its creative industries apprenticeship levy funding to £2m.

Train passengers face further disruption this summer after members of the RMT rail union voted overwhelmingly for further strike action.

RMT announces three days of rail strikes in July as dispute continues

23 June 202322 June 2023 News Business Matters 0 Comments

A fresh round of rail strikes is set to disrupt national networks during July, after the RMT union announced that 20,000 workers would stage three days of walkouts.

A senior Bank of England policymaker has warned the central bank could be forced to keep raising interest rates to prevent high levels of inflation from becoming entrenched in the economy.

Bank of England raises interest rates by a half point to 5%

22 June 2023 News Business Matters 0 Comments

The Bank of England has raised interest rates by a half point to 5% as it intensifies its efforts to tackle stubbornly high inflation, adding to the strain on households struggling with soaring mortgage costs.

Over two-thirds of British farmers are not confident about the future of British food production, a new survey of livestock and arable farmers in the UK.

UK dairy prices could keep rising unless staff shortages ease

22 June 2023 News Business Matters 0 Comments

The UK’s largest dairy cooperative has said there could be further increases in the price of milk and other dairy products if the government does not urgently tackle labour shortages in farming.

Halfords

Halfords’ profits halve as customers put the brakes on bike spending post pandemic

22 June 2023 News Business Matters 0 Comments

Annual profits at Halfords have tumbled by 55 per cent after it was hit hard by soaring costs and as customers cut back their spending.

The government must do more to unlock private investment for green projects or risk missing its decarbonisation targets, according to a new report from a committee of MPs.

UK set to miss net zero goals without private sector investment, warn MPs

22 June 2023 News Business Matters 0 Comments

The government must do more to unlock private investment for green projects or risk missing its decarbonisation targets, according to a new report from a committee of MPs.

WH Smith has been hit by a cyber attack that has resulted in hackers gaining access to private company data. 

WH Smith, M&S and Argos among hundreds fined for failing to pay minimum wage

21 June 2023 News Business Matters 0 Comments

Hundreds of businesses including high-street heavyweights WH Smith, M&S and Argos have been named and shamed after being fined for failing to pay workers the minimum wage.

Lenders expect the availability of mortgages and consumer and corporate credit to shrink as more people and businesses default on loans.

Cost of renting hits highest in a decade

21 June 2023 News Business Matters 0 Comments

The cost of renting a home has climbed to its highest in a decade, with rents having risen faster than wages in every month for almost two years.

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

UK inflation rate unchanged at 8.7% in May

21 June 2023 News Business Matters 0 Comments

Consumer price inflation failed to fall last month, piling pressure on the Bank of England to carry out an oversized increase to borrowing costs tomorrow to tackle stubbornly high prices.

An award-winning businessman, written off by teachers as a no-hoper, has launched a fund to  inspire and support  teenagers amongst the Grenfell community in one of London’s most deprived and beloved areas.

Fund launched to support new entrepreneurs in Grenfell community

21 June 202320 June 2023 News Business Matters 0 Comments

An award-winning businessman, written off by teachers as a no-hoper, has launched a fund to  inspire and support  teenagers amongst the Grenfell community in one of London’s most deprived and beloved areas.

Exergyn

Cleantech company Exergyn creates 15 new roles in sustainability on back of UK expansion

20 June 202320 June 2023 Get Funded, News Business Matters 0 Comments

Exergyn, an industry-leading cleantech company, has today announced the creation of 15 new roles in line with the opening of its new office in Rugby, Eastern Warwickshire.

CBI: New boss Rain Newton Smith doesn’t take crisis-hit group’s future ‘for granted’

CBI locked out of meetings with other leading UK business lobby groups

20 June 202320 June 2023 News Business Matters 0 Comments

The Confederation of British Industry has been locked out of regular meetings with other leading business lobby groups, hampering its fight for survival after a sexual misconduct scandal.

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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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