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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

BooHoo

Mike Ashley’s Frasers Group buys significant stakes in Boohoo and Curry’s

20 June 2023 News Business Matters 0 Comments

Mike Ashley’s Frasers Group has bought a £22m stake in the fashion group Boohoo as the high street retail tycoon makes a flurry of investments in online retail.

commuters

Overtime ban by Aslef train drivers to bring further rail disruption

20 June 2023 News Business Matters 0 Comments

The train drivers’ union Aslef has announced a week-long overtime ban at the start of July, which will further disrupt much of Britain’s railway.

Sales at the UK arm of Peloton have fallen after the end of Covid restrictions put the brakes on the interactive exercise bike firm’s lockdown boom.

Peloton’s lockdown boom looses momentum as UK sales slide

20 June 2023 News Business Matters 0 Comments

Sales at the UK arm of Peloton have fallen after the end of Covid restrictions put the brakes on the interactive exercise bike firm’s lockdown boom.

IWG, the world’s biggest provider of serviced office space, reported record revenue last year after cashing in on the popularity of hybrid working.

Banks prejudiced against SMEs new research finds

20 June 2023 News Business Matters 0 Comments

Nearly three quarters of SMEs say their bank actively discriminates against them in favour of larger companies, according to new research.

Help for people struggling with their mortgages is being kept "under review", cabinet minister Michael Gove has said.

Government help for mortgage holders is being help ‘under review’, says Michael Gove

19 June 2023 News Business Matters 0 Comments

Help for people struggling with their mortgages is being kept “under review”, cabinet minister Michael Gove has said.

Former professional footballer and current television pundit Rio Ferdinand has announced his investment in the Manchester-based tech platform, DeliveryApp, a move that signifies a huge milestone for the team and the business as a whole.

Rio Ferdinand hopes to score with DeliveryApp investment

19 June 2023 Get Funded, News Business Matters 0 Comments

Former professional footballer and current television pundit Rio Ferdinand has announced his investment in the Manchester-based tech platform, DeliveryApp, a move that signifies a huge milestone for the team and the business as a whole.

The North West of England and West Midlands overtook the South East as the top destinations for foreign investment outside London last year.

South East overtaken in race for regional investment

19 June 202319 June 2023 News Business Matters 0 Comments

The North West of England and West Midlands overtook the South East as the top destinations for foreign investment outside London last year.

Airbus is promising Britain’s first new helicopter factory in decades, bringing hundreds of new jobs and billions of pounds of exports if the Ministry of Defence chooses it to build a new generation of helicopters to replace the UK’s ageing fleet of Pumas.

Airbus set to build new helicopters at British site

19 June 2023 News Business Matters 0 Comments

Airbus is promising Britain’s first new helicopter factory in decades, bringing hundreds of new jobs and billions of pounds of exports if the Ministry of Defence chooses it to build a new generation of helicopters to replace the UK’s ageing fleet of Pumas.

House prices decreased for the first time in 15 months as market turmoil after the mini-budget last month pushed up mortgage rates.

Two-year fixed rate mortgages rise to more than 6%

19 June 2023 News Business Matters 0 Comments

The average mortgage rate for a two-year fixed deal has risen to above 6 per cent, according to financial analysts.

The government will not reverse post-financial crisis banking regulation, Jeremy Hunt has said, amid growing concerns that Britain is loosening post-Brexit rules for the City.

Chancellor tells ministers to quicken adoption of AI to boost economy

19 June 2023 News Business Matters 0 Comments

Jeremy Hunt, the chancellor, has told ministers to step up work on seizing the opportunities of artificial intelligence in order to save money, boost Britain’s sluggish growth rate and reboot failing public services.

Students_Oxford_University

Student loan debt in England surpasses £200bn for first time

16 June 2023 News Business Matters 0 Comments

Outstanding student loans in England have surpassed £200bn for the first time – 20 years earlier than previous government forecasts, as the number of students at universities continues to outstrip expectations.

Clarkson Farm

Jeremy Clarkson Triumphs in Car Park Expansion Dispute

16 June 2023 News Business Matters 0 Comments

Television personality Jeremy Clarkson, famed for his role on ‘Clarkson’s Farm’, has recently achieved a significant win concerning his Diddly Squat Farm.

1insolvency_1

Company insolvencies jump to new monthly high

16 June 202317 June 2023 News Business Matters 0 Comments

Company insolvencies in England and Wales last month rose by 40 per cent year-on-year to the highest level since monthly records began in January 2019.

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

Branson’s Virgin Galactic commercial space flights to start this month

16 June 2023 News Business Matters 0 Comments

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

The average UK business is spending over £50,000 every year on sending food waste to landfill, however, recycling food waste could save food retail businesses up to £7,000 a year, according to new research.

Food retailers spending up to £50,000 a year sending food waste to landfill

16 June 2023 News Business Matters 0 Comments

The average UK business is spending over £50,000 every year on sending food waste to landfill, however, recycling food waste could save food retail businesses up to £7,000 a year, according to new research.

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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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