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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

Gary Lineker and BBC management have reached a deal to get the presenter back on air, after the weekend's disruption to BBC Sport schedules.

Lineker to return to air this weekend after BBC deal reached

13 March 2023 News Business Matters 0 Comments

Gary Lineker and BBC management have reached a deal to get the presenter back on air, after the weekend’s disruption to BBC Sport schedules.

The operator of the Wagamama and Frankie & Benny’s restaurant chains has announced plans to exit from about 35 uneconomic restaurants in its leisure division as it seeks to whittle down its least successful businesses.

Confidence rises with signs of business activity increasing

13 March 2023 News Business Matters 0 Comments

Business confidence in Britain is rising, the latest economic surveys suggest.

HSBC has been fined £57.4m by the Bank of England for "serious failings" over its measures to protect customer deposits.

HSBC buys Silicon Valley Bank’s UK business for £1 after collapse of US parent company

13 March 202313 March 2023 News Business Matters 0 Comments

HSBC has acquired the UK arm of Silicon Valley Bank for £1 after a weekend of crisis talks with the Bank of England and government ministers following the collapse of the bank’s US parent.

US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits in the largest failure of a US bank since 2008.

Regulators take over Silicon Valley Bank as failure raises fears

11 March 202312 March 2023 News Business Matters 0 Comments

US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits in the largest failure of a US bank since 2008.

Middle-class families will be up to £40,000 worse off over the next decade as a result of Jeremy Hunt’s stealth taxes to reduce government borrowing.

Young parents and over-50s will be beneficiaries in Hunt’s Budget billions

10 March 202312 March 2023 News Business Matters 0 Comments

The chancellor is expected to deliver a multibillion-pound “cradle-to-grave giveaway”, using his budget on Wednesday to announce childcare and pension reforms.

Only 6% of high growth enterprises (HGEs), as defined by the OECD, across the UK were founded by all-women or majority-women teams

Government-backed Taskforce is tackling the North East female entrepreneur gap

10 March 202312 March 2023 News Business Matters 0 Comments

Only 6% of high growth enterprises (HGEs), as defined by the OECD, across the UK were founded by all-women or majority-women teams

https://electrichome.uk/news/hunt-pledges-20bn-for-carbon-capture-and-nuclear-ramp-up-in-clean-energy-push/

Government pledges £20bn for carbon capture and nuclear ramp-up in clean energy push

10 March 202312 March 2023 News Business Matters 0 Comments

The government will commit billions of pounds to new energy projects at next week’s budget, in a bid to compete with rival markets such as the EU and US

France plans a full nationalisation of EDF in an attempt to help the state electricity giant overcome a crisis linked to spiralling debt, falling revenue and an energy price cap, the French prime minister said yesterday.

Extended life for two UK nuclear power stations

10 March 2023 News Business Matters 0 Comments

Energy giant EDF has announced plans to extend the lives of two of the UK’s five remaining nuclear power stations.

The National Food Crime Unit (NFCU) is investigating potential food fraud involving pre-packed sliced beef which was labelled as British but came from South America and Europe.

Food fraud probe into beef falsely labelled as British

10 March 2023 News Business Matters 0 Comments

The National Food Crime Unit (NFCU) is investigating potential food fraud involving pre-packed sliced beef which was labelled as British but came from South America and Europe.

Jeremy Hunt is to delay a penny cut in income tax, the flagship announcement in the disastrous mini-budget, to help plug a black hole in the public finances that had reached £72 billion.

UK economy returns to growth in January

10 March 202310 March 2023 News Business Matters 0 Comments

The Office for National Statistics reports that GDP grew by 0.3% during January, after shrinking by 0.5% in December.

Ministers will take greater powers in tackling unfair trade practices, reducing the role of an independent body set up after Brexit to adjudicate disputes.

Government ministers set to take role in trade disputes

10 March 202310 March 2023 News Business Matters 0 Comments

Ministers will take greater powers in tackling unfair trade practices, reducing the role of an independent body set up after Brexit to adjudicate disputes.

Bitcoin,Atm,In,A,Mall,Allows,To,Buy,And,Sell

FCA takes further action against unregistered crypto ATMs in East London

9 March 2023 News Business Matters 0 Comments

In a joint operation with the Metropolitan Police, the Financial Conduct Authority inspected several ATM sites, using its enforcement powers.

HS2

Parts of HS2 to be delayed or cut as ministers prepare to reveal rising costs

9 March 2023 News Business Matters 0 Comments

Ministers are set to delay construction of key sections of the HS2 rail line, with a statement expected imminently outlining the extent of budget overruns amid soaring inflation.

Businessman,Working,On,Desk,Office,Business

Start-ups pile pressure on Hunt to reverse R&D tax overhaul

9 March 2023 News Business Matters 0 Comments

Pressure is mounting on the Chancellor to scrap changes to research and development (R&D) tax credits in next week’s budget as over 150 start-ups and Britain’s biggest small business body launch a fresh offensive on the Treasury.

Christmas comes early for high street retailers amid fears of stock shortages

UK dodges recession but economy will stay below pre-Covid-19 level until end of 2024

9 March 2023 News Business Matters 0 Comments

The UK is poised to avoid a recession this year but suffer a slow burning economic slump that will leave GDP below its pre-pandemic level until the final months of next year, new forecasts claim.

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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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