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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

Natwest Bank

NatWest provides debt extension for those struggling with borrowing repayments

12 January 2023 News Business Matters 0 Comments

Struggling NatWest borrowers have been given an extra six months to pay back unsecured loans and overdrafts.

Around 100,000 civil servants will strike on 1 February in a worsening dispute over pay, jobs and conditions, the Public and Commercial Services union has announced.

Around 100,000 civil servants to go on strike on 1 February after PCS announces industrial action

12 January 2023 News Business Matters 0 Comments

Around 100,000 civil servants will strike on 1 February in a worsening dispute over pay, jobs and conditions, the Public and Commercial Services union has announced.

Royal Mail post strike

Royal Mail unable to despatch items abroad after ‘cyber incident’

12 January 2023 News Business Matters 0 Comments

Royal Mail has said it is facing severe disruption to its international export services after a “cyber incident”.

Elon Musk has scrapped Twitter’s working from home policy and ordered its staff back to the office, days after firing 3,700 employees.

Sacked Twitter UK staff claim unlawful treatment in ‘sham’ redundancy

12 January 2023 News Business Matters 0 Comments

A group of former workers at Twitter’s UK operation have accused the company of subjecting them to “unlawful, unfair and completely unacceptable” treatment during a “sham” redundancy process.

The cost of living crisis is the biggest risk facing the global economy this year, the World Economic Forum has warned ahead of its annual meeting in Davos.

Cost of living is biggest risk to world economy, says Davos forum

12 January 2023 News Business Matters 0 Comments

The cost of living crisis is the biggest risk facing the global economy this year, the World Economic Forum has warned ahead of its annual meeting in Davos.

Thousands of Microsoft employees across the United States will be given unlimited days off in an overhaul of its holiday policy.

Microsoft staff to get unlimited leave

12 January 2023 News Business Matters 0 Comments

Thousands of Microsoft employees across the United States will be given unlimited days off in an overhaul of its holiday policy.

Go to work and keep disability payments

Returners to work set to be allowed to keep disability payments

12 January 2023 News Business Matters 0 Comments

People will be allowed to keep claiming sickness benefits after returning to work and will be offered tax breaks for getting jobs, under plans to boost employment.

British and European manufacturers are slowing down production of electric vehicles because they are too expensive for the vast majority of motorists, an industry body has said.

European electric carmakers apply the brakes on costly revolution

11 January 202310 January 2023 News Business Matters 0 Comments

British and European manufacturers are slowing down production of electric vehicles because they are too expensive for the vast majority of motorists, an industry body has said.

Goldman Sachs

Goldman Sachs to cull 3,200 jobs as part of cost cutting exercise with UK workers to be hit

11 January 202311 January 2023 News Business Matters 0 Comments

Up to 3,200 jobs are to go at Goldman Sachs as part of the biggest restructuring efforts at the company since the global financial crash.

The battery startup Britishvolt is in talks with an Indonesia-linked oil and gas investor for a £160m rescue deal that would almost wipe out the value of existing shareholders’ stakes.

Indonesia-linked investor in talks to save Britishvolt in £160m deal

11 January 202311 January 2023 News Business Matters 0 Comments

The battery startup Britishvolt is in talks with an Indonesia-linked oil and gas investor for a £160m rescue deal that would almost wipe out the value of existing shareholders’ stakes.

Motorists face the most expensive Christmas getaway on record as fuel retailers take “blatant advantage” of people driving home for the holidays.

Average price for UK litre of petrol below 150p for first time since war in Ukraine

11 January 2023 News Business Matters 0 Comments

The average UK price for a litre of petrol has fallen below 150p for the first time since the outbreak of war in Ukraine.

Amazon profits down

Amazon to shut three UK warehouses, affecting 1,200 jobs

10 January 2023 News Business Matters 0 Comments

Amazon has said it plans to shut three UK warehouses in a move which will impact 1,200 jobs.

Britain’s two great luxury car brands have reported record sales as the world’s superwealthy keep on spending.

Rolls-Royce and Bentley accelerate over the past 12 months

10 January 2023 News Business Matters 0 Comments

Britain’s two great luxury car brands have reported record sales as the world’s superwealthy keep on spending.

tax ir35

HMRC tax helpline chaos leads MP to seek answers

10 January 2023 News Business Matters 0 Comments

MPs on the Treasury committee have written to the head of HM Revenue and Customs to ask if its working from home policy has caused a decline in its customer service helpline.

Police are to be given more powers to combat new tactics taken by protesters that are designed to cause maximum disruption.

New powers for police to curb road activists after Just Stop Oil’s street protests

10 January 2023 News Business Matters 0 Comments

Police are to be given more powers to combat new tactics taken by protesters that are designed to cause maximum disruption.

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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

The Capital Business Media Group

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