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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

Rail cancellations have reached their highest level on record with more than 314,000 trains fully or partly cancelled across the UK in a year.

Campaigners call for end to ‘peak fare rip off’ on trains in England and Wales

6 March 2023 News Business Matters 0 Comments

Campaigners are calling for an end to the “peak fare rip off”, where commuters in some parts of the country face far higher mark-ups to travel at busy times.

The exodus of workers from the jobs market over the pandemic has weakened prospects for Britain’s economic growth, the governor of the Bank of England has warned.

Employers told to offer more flexible working to fight staff shortages

6 March 2023 News Business Matters 0 Comments

Increased flexible working would tackle staff shortages that threaten economic growth, experts have said.

Jeremy Hunt announces tax rises and says UK in recession

Jeremy Hunt ‘has extra £30bn’ to ease cost of living crisis

6 March 2023 News Business Matters 0 Comments

Jeremy Hunt will find himself with an extra £30 billion to ease the cost of living crisis and resolve labour shortages, new research suggests.

Cryptocurrency betting has grown in popularity in recent years, providing a fun new opportunity to entertain yourself in addition to being a safe and secure way to wager on your preferred sports or events.

Nationwide limits crypto exchange payments as consumer risk fears grow

3 March 2023 News Business Matters 0 Comments

Several UK banks have restricted their customers from buying crypto assets as concern grows about the risks posed by digital currency to customers.

The UK government has committed to provide up to £4.5bn to fund the takeover of the collapsed energy company Bulb by its rival Octopus.

Octopus hits back at challenge to Bulb deal arguing it was more ‘nimble’ than rivals

3 March 20233 March 2023 News Business Matters 0 Comments

Octopus Energy has hit back at the energy firms challenging its takeover of Bulb Energy, with the supplier’s lawyer arguing in court today that the company was simply more “nimble” and “saw an opportunity that others missed” in its deal-making with the government.

Publisher Pearson said sales of its textbooks and virtual learning offerings were boosted by increased demand for online learning, among adults and schools.

Virtual learning and adult ‘upskilling’ helps publisher Pearson boost sales to £3.1bn

3 March 2023 News Business Matters 0 Comments

Publisher Pearson said sales of its textbooks and virtual learning offerings were boosted by increased demand for online learning, among adults and schools.

Caution around the new Omicron variant is prompting more people to stay working from home, resulting in footfall to city centres declining again, according to data.

As workers return to to the office, they also return to city centre shops

3 March 2023 News Business Matters 0 Comments

The return of the office commute helped to bring people back to high streets and town centres last month, but shopper numbers remain stubbornly below pre-pandemic levels, new figures show.

London City airport will become the UK’s first to scrap restrictions on travelling with liquids — and in time for the Easter holidays.

London City is the first UK airport to scrap 100ml liquid rule

3 March 20233 March 2023 News Business Matters 0 Comments

London City airport will become the UK’s first to scrap restrictions on travelling with liquids — and in time for the Easter holidays.

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

WH Smith hit by cyber attack as hackers gain access to private company data

2 March 2023 News, Technology Business Matters 0 Comments

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

Jaguar Land Rover’s owner, Tata Motors, has reportedly asked the UK government for more than £500m in state subsidies to build a battery factory in Somerset, in a move seen as crucial to the future of the British car industry.

Jaguar Land Rover owner ‘seeks £500m UK subsidy to build battery factory’

2 March 2023 News Business Matters 0 Comments

Jaguar Land Rover’s owner, Tata Motors, has reportedly asked the UK government for more than £500m in state subsidies to build a battery factory in Somerset, in a move seen as crucial to the future of the British car industry.

Andrew Bailey

Bank of England boss signals interest rates may have peaked

2 March 2023 News Business Matters 0 Comments

The Bank of England governor, Andrew Bailey, has signalled interest rates may have peaked after 10 successive increases in the official cost of borrowing since December 2021.

The rising cost of borrowing has boosted earnings at Co-operative Bank, which recorded a fourfold rise in profits last year.

Profits rise fourfold at ‘nimble’ Co-op Bank

2 March 2023 News Business Matters 0 Comments

The rising cost of borrowing has boosted earnings at Co-operative Bank, which recorded a fourfold rise in profits last year.

Just Eat Takeaway returned to the black earlier than expected in the third quarter, although orders fell sharply as customers reacted to the rising cost of living.

Swallowing up rivals comes at a cost for Just Eat Takeaway

2 March 2023 News Business Matters 0 Comments

Just Eat Takeaway has been hit with a €4.6 billion writedown on acquisitions that helped it become the largest food delivery company in Europe.

Housing tenants could be given extra protections and housebuilders forced to change their practices, the competition watchdog has warned.

Approvals for mortgages fall for fifth month in a row

2 March 2023 News Business Matters 0 Comments

Mortgage approvals fell for the fifth consecutive month at the start of the year, dipping to their lowest non-pandemic level since the aftermath of the financial crisis.

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 accelerates into the black

2 March 2023 News Business Matters 0 Comments

Aston Martin Lagonda has claimed the first profit of its turbulent four and half years on the stock market.

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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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