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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

The UK’s largest retailers are urging the government to scrap its waste strategy policy, or risk forcing prices up for consumers who are already facing a cost of living crisis. 

Retailers demand scrapping of ‘£2bn’ waste strategy policy fearing it will increase costs

24 February 2023 News Business Matters 0 Comments

The UK’s largest retailers are urging the government to scrap its waste strategy policy, or risk forcing prices up for consumers who are already facing a cost of living crisis. 

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

UK edges away from recession as families’ economy and inflation outlook brightens

24 February 202324 February 2023 News Business Matters 0 Comments

Another brighter than expected set of economic numbers out today indicate the UK has a chance of avoiding a much-tipped recession this year.

Britain’s central bank policymakers are “duty bound” when they meet this week to push the UK into recession to cap rising inflation, a former Bank of England (BoE) official has said.

Interest rates will need to rise again, warns Bank of England rate-setter

24 February 2023 News Business Matters 0 Comments

Interest rates will need to rise again to prevent inflation becoming a persistent problem in the UK, a Bank of England policymaker has warned.

More than 52% of surveyed EV drivers did not have access to a charge point at their place of work, a YouGov survey has revealed today.

Electric car production nears record for January

24 February 2023 News Business Matters 0 Comments

The shift to electric cars has continued with combined battery-electric, plug-in hybrid and hybrid electric vehicle production in January rising by almost 50 per cent compared with a year ago.

Tesco Staff loses

Tesco boosts staff pay by a further 7%

24 February 202324 February 2023 News Business Matters 0 Comments

Britain’s biggest grocer Tesco has agreed to increase its workers’ wages by 7%, marking their third pay rise in just 10 months.

Steel Manufacture

British Steel announce first 260 jobs to go at Scunthorpe plant with many feared to follow

23 February 2023 News Business Matters 0 Comments

The first 260 job cuts have been announced by British Steel in what is feared will be the first of many more redundancies at the Scunthorpe-based steelmaker.

Workers failed to return to the office in huge numbers yesterday, and one Whitehall department appeared to operate at a fraction of its capacity even though official guidance to work from home has been dropped.

London Underground drivers to strike on 15 March

23 February 2023 News Business Matters 0 Comments

London Underground drivers are to strike on 15 March – budget day – in a dispute over pensions and working arrangements.

British Steel

Warning over future of British Steel as it cuts jobs

22 February 2023 News Business Matters 0 Comments

Unions have warned on the future of UK steelmaking after British Steel announced it will shut its coking ovens in Scunthorpe and cut up to 260 jobs.

Installing heat pump

UK’s £450m boiler upgrade scheme is failing to deliver say House of Lords

22 February 20238 June 2023 News Business Matters 0 Comments

A scheme to encourage UK households to upgrade their gas boilers to heat pumps and other low-carbon alternatives is failing to deliver after suffering a “disappointingly low” take-up, a parliamentary report has said.

Lloyds Bank

Lloyds promises bumper payout for shareholders

22 February 202322 February 2023 News Business Matters 0 Comments

Lloyds Banking Group has promised to pay out up to £3.6 billion to shareholders even though profits growth stalled and the bank warned of a “deteriorating” economic outlook.

Landyards

Big rise in businesses founded by women with support for 3 million more pledged

22 February 202322 February 2023 News Business Matters 0 Comments

A government-backed review on female entrepreneurship has pledged to create three million places for women to access business support over the next three years.

HM Revenue and Customs (HMRC) is under increasing pressure to release estimates on offshore tax avoidance by some of the wealthiest individuals in the UK. This comes after the figures were withheld in a report published during the election campaign.

HMRC reminds businesses about new VAT penalties and interest ahead of filing deadline

22 February 202322 February 2023 Finance, News Business Matters 0 Comments

HM Revenue and Customs (HMRC) is reminding VAT registered businesses to file their VAT returns and pay on time, ahead of new penalties being applied.

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.

UK will become ‘innovation wasteland’ if Hunt pushes through R&D tax relief cuts, FSB warns

21 February 2023 News Business Matters 0 Comments

The UK will become an “innovation wasteland” if the government pushes ahead with plans to slash research and development (R&D) tax relief, the Federation of Small Businesses (FSB) has warned.

Minette Batters

Britain’s farmers battered by Brexit fallout and rising costs, says union

21 February 2023 News Business Matters 0 Comments

“The clock is ticking” to support Britain’s farmers battered by a storm of rising costs, labour shortages, bird flu and post-Brexit changes to support payments, the union representing the sector has told ministers.

Royal Mail workers are to hold 19 days of strike action over pay and terms and conditions during the peak postal build-up to Christmas.

Royal Mail resumes overseas deliveries via post offices after cyber-attack

21 February 2023 News Business Matters 0 Comments

Royal Mail has restarted international parcel and letter deliveries through Post Office branches almost six weeks after it revealed it had been affected by a ransomware cyber-attack that left it battling to get its international services back up and running.

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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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