The latest news affecting small and medium sized (SME) businesses in the UK
While most households spent the holidays feasting and visiting relatives and friends, others apparently decided Christmas was the season to catch up on admin, with 22,000 Britons filing self-assessment tax returns during the yuletide break this year.
Households are facing a “groundhog year” in 2023, as soaring gas bills and planned tax rises squeeze disposable incomes and send living standards tumbling for the second year running.
House prices recorded their “worst run” since 2008 following a fourth consecutive monthly decline in December, according to a closely-watched measure.
Tesla stocks have slid to their lowest value in more than two years as the electric car maker plans to reduce its production cycle and investors worry how much time Elon Musk is dedicating to managing Twitter.
Restrictions on travellers from China are likely to be pointless, Britain’s vaccine chief has said as Spain became the latest country to impose Covid tests on arrivals from the country.
The first coins bearing the official effigy of the King have appeared in circulation in post offices around the UK.
The rail strikes have had a worse impact on the UK’s hospitality industry than expected – costing bars, pubs, restaurants and hotels £1.5bn in December alone – according to the head of the body representing the sector.
Two thirds of small firms plan to make some form of investment in their business by 2024, but under half feel they are fully aware of the different types of financing options available to them, new research has found.
The next Budget, setting out the government’s tax and spending plans, will be held on 15 March 2023, the Treasury has announced.
Eggs laid by hens kept indoors for months straight due to bird flu could be sold as free-range under a potential relaxing of rules.
America’s biggest energy producer is suing the European Union in an attempt to force the scrapping of the bloc’s new windfall tax on oil groups, arguing that Brussels exceeded its legal authority by imposing the levy.
Millions of people have abandoned saving into pensions in the past year to bag an extra £550 or more in annual take-home pay to meet rising fuel and food bills.
A Cheshire wind farm developer has threatened to sue the UK government over its plans to impose a ‘windfall tax’ on renewables companies.
The number of Boxing Day shoppers rose by nearly 40% compared to last year but remained below pre-pandemic levels as cost of living pressures weigh on consumers.
The North East of England could become the latest region to have a directly elected mayor, as the Government announced a new £1.4 billion devolution deal for the region.
