The new boss of the Confederation of British Industry will be asked whether the lobbying group can still claim to speak for big businesses when she faces MPs on Tuesday.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Tech chiefs debate cyber threat in Parliament
Technology industry leaders gathered in the Houses of Parliament last night to discuss the challenges posed by cyber attacks to UK national security and the economy.
F1 Arcade secures £30M for global expansion
A Formula 1 competitive gaming chain, founded by hospitality heavyweight Adam Breeden, has secured £30m in funding from investors to fuel its expansion globally.
CBI says UK set to dodge recession, but business investment remains weak
The UK economy is likely to avoid a recession this year, according to trade body the Confederation of British Industry (CBI).
Restrict bottled water ads and tax shrink-wrap to cut UK pollution
Restrictions should be put on bottled water advertising and a 10p tax should be added to shrink-wrapped packs to curb the UK’s 10m bottle-a-day habit, according to campaigners hoping to tackle the plastic pollution crisis.
Windfall tax to be suspended if energy prices drop
The windfall tax on oil and gas firms will be suspended if prices fall to normal levels for a sustained period, the government has announced.
HMRC to close self-assessment helpline for three months
HMRC has announced that it will pilot a new ‘seasonal model’ for its self-assessment helpline in an attempt to relieve pressure on its phone lines and prioritise urgent queries.
Keeping UK energy bills down over winter cost almost £40bn
The UK’s cost of keeping energy bills down for homes and businesses over the winter months added up to almost £40bn, the first official government total shows.
UK economy will ‘flatline’ as inflation and tough jobs market drag on growth
Britain remains on course to dodge a recession this year but growth will “flatline” as stubborn inflation and a tight jobs market continue to drag on the economy, according to the latest forecast from the British Chambers of Commerce (BCC).
Wrightbus secures £50 million UKEF financing to turbocharge green exports
This Export Development Guarantee sees the UK’s export credit agency guarantee 80 percent of the loan from Barclays Bank.
Online shopping sales slump to lowest levels since before pandemic
The cost of living crisis has hindered the online shopping sales boom with digital sales falling to their lowest levels since before the pandemic.
Banks called upon to support SMEs international expansion, as 70% abandon overseas plans
Banks need better cooperation with SMEs to grow the economy as 70 per cent ofbusinesses have abandoned overseas expansion plans due to a lack of resources and support, according to industry experts at Money 20/20.
HMRC spends over £90m on remote working technology
HM Revenue and Customs (HMRC) has spent over £90m on remote working technologies in the last three financial years, according to official figures.
EDF & British Gas puts pressure on other UK energy suppliers to cut market-peak tariffs for small firms
Energy companies are under growing pressure to allow thousands of struggling businesses to change their gas and electricity contracts after two major suppliers agreed to cut rates that had been fixed at the height of the energy crisis.
Crypto ads will need to carry risk warnings under new UK rules
Crypto firms must warn customers they should not expect protection if their investment goes wrong and introduce a “cooling off” period for first-time investors, under new rules imposed by the UK financial watchdog.
