
UK risks exodus of semiconductor firms without an industry strategy
The government risks endangering the UK’s semiconductor industry unless it urgently publishes a strategy for the sector, a leading Westminster body has warned.
The latest news affecting small and medium sized (SME) businesses in the UK

The government risks endangering the UK’s semiconductor industry unless it urgently publishes a strategy for the sector, a leading Westminster body has warned.

The Government is being urged to help firms recruit workers after research showed employers are facing huge problems attracting staff.

About 115,000 postal workers at Royal Mail are to stage a 24-hour strike on 16 February in their continuing dispute with management over pay and conditions.

Amazon yesterday beat sales expectations for the last quarter of 2022 after a marketing blitz during the holiday period helped attract shoppers.

Jeremy Hunt has pledged to resist calls to cut taxes as interest rates hit a 15-year high of 4 per cent.

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of Ukraine.

Senior retail figures have backed Sadiq Khan’s call to re-introduce VAT free shopping for tourists, claiming the move would make a “huge difference” to the sector.

The private equity investor Greybull Capital is considering a bid for the collapsed battery startup Britishvolt, as administrators at EY try to push through a sale…

British Steel, the Chinese-owned operator of the giant Scunthorpe steelworks, is planning to lay off 800 workers, about a quarter of the workforce.

Meta Platforms, owner of Facebook and Instagram, reassured Wall Street that its sales were holding up better than feared last night after its profits more than…

Tech Nation, the government-backed agency that has helped 5,000 technology companies to develop and grow, is closing its doors at the end of March, saying that…

The number of mortgages approved for house purchases fell at the end of last year to the lowest level since the financial crisis, outside of the…

PayPal announced plans to lay off about 2,000 employees, reducing its global workforce by 7 per cent, as it became the latest technology group to cut…

Tesco has acquired the Paperchase brand out of administration in a deal that puts the future of 106 stores and 820 jobs at the gift and…

Britain faces widespread disruption today as teachers join hundreds of thousands of public sector workers for the biggest day of strike action in more than a…