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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

Heinz signature tomato ketchup soars in price by 53 per cent as research reveals millions are switching to supermarket 'own label' as cost of living crisis bites

Heinz signature tomato ketchup soars in price by 53 per cent as millions switch to supermarket ‘own label’ as cost of living crisis bites

15 November 2022 News Business Matters 0 Comments

The prices of many big brand foods have soared over the past two years with one top product doubling in cost, a study has revealed.

America’s senior financial regulator has increased pressure on Amazon to be more open over its global tax affairs by rejecting the technology group’s move to block a shareholder vote on greater transparency.

Amazon to start cutting 10,000 jobs within days

15 November 2022 News Business Matters 0 Comments

Amazon has become the latest giant technology group to pull the trigger on widespread layoffs. The world’s largest retailer is said to be ready to start cutting about 10,000 jobs throughout its corporate and technology divisions within days.

Millions of Brits who use online banking services are exposed to some worrying fraud risks, industry experts warned today.

Only 1 in 200 fraud cases lead to police charges

15 November 2022 News Business Matters 0 Comments

The Home Office has made next to no progress in tackling criminal fraud during the past five years, despite it having become Britain’s most prevalent crime, government auditors warn today.

Taking the biscuit: Jaffa Cake shortage fears as factory workers strike over pay

Taking the biscuit: Jaffa Cake shortage fears as factory workers strike over pay

15 November 202214 November 2022 News Business Matters 0 Comments

Fans of Jaffa Cakes have shared their concern over a potential shortage of the chocolatey treat after workers at the factory where they are made announced they would be striking over pay.

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’s Covid fraud taskforce to leave billions unaccounted for

15 November 202214 November 2022 News Business Matters 0 Comments

An HMRC unit set up to tackle Covid fraud is set to leave £3.3bn outstanding when it winds down in March 2023, campaigners have warned.

Millions of middle earners will be more than £3,500 poorer because of plans by Rishi Sunak for a stealth raid on income tax that will last at least six years, analysis has shown.

Value of UK business tax breaks hits record £105bn in past year alone

14 November 2022 News Business Matters 0 Comments

The value of business tax reliefs in the UK hit £105.3bn in the past year, up from £100.3bn in 2020-21, shows new research shows.

Next is in talks to take a £15m stake in the struggling high street retailer Joules.

Joules on brink of collapse as it enters administration with 1600 jobs in the balance

14 November 202214 November 2022 News Business Matters 0 Comments

The fashion retailer Joules is to appoint administrators after talks with investors about rescue financing failed, leaving its 1,600 staff at risk of losing their jobs.

Soaring Covid cases could cause major shortages across industry, hospitality and healthcare, ministers have been told, as rail companies cancelled services and Royal Mail said it was experiencing high staff absences.

Half of UK firms given loans by British Business Bank would have gone under in pandemic

14 November 202214 November 2022 News Business Matters 0 Comments

Nearly half of the companies supported by a state-owned fund would have gone bust in the pandemic without its support, a new report has found.

Motoring group RAC has called on the Government not to hike fuel duty in the Autumn Statement next week.

RAC urges Government not to raise fuel duty on squeezed motorists

14 November 202214 November 2022 News Business Matters 0 Comments

Motoring group RAC has called on the Government not to hike fuel duty in the Autumn Statement this week.

Winds of change at Clipper Ventures as owners put it on the market

Change of course at Clipper Ventures as owners raise flag on company sale

14 November 2022 News Business Matters 0 Comments

The owners of Clipper Ventures will step back from running day-to-day operations as they look to put the company up for sale.

Three-quarters of small and medium-sized companies are worried about the long-term impact the cost of living crisis, soaring energy bills and rising inflation will have on their business, a survey has found.

UK SMEs fear ‘cliff-edge’ energy bills in April, warns British Chamber of Commerce

14 November 2022 News Business Matters 0 Comments

Nearly half of UK SMEs fear they will not be able to pay their energy bills once the Government’s support package ends next March, according to a new survey from the British Chambers of Commerce.

The head of the Confederation of British Industry has warned Rishi Sunak against pursuing an austerity “doom loop” of cuts to public spending and tax rises amid fears over a mixed outlook for the economy.

If taxes don’t rise Britain will pay a heavy price says Rishi Sunak

14 November 2022 News Business Matters 0 Comments

Rishi Sunak warned last night that Britain would be punished by the financial markets if he did not raise taxes and cut spending, as ministers announced they were curtailing support for energy bills from April.

Anybody who emerged from the Covid-19 lockdowns with a frozen shoulder or a neck crick after spending hours hunched over their laptop at the kitchen table would be painfully aware of the dangers of working from home.

Rise in back pain and long-term sickness linked to home working

11 November 2022 Health and Wellbeing, News Business Matters 0 Comments

Anybody who emerged from the Covid-19 lockdowns with a frozen shoulder or a neck crick after spending hours hunched over their laptop at the kitchen table would be painfully aware of the dangers of working from home.

The Just Stop Oil protests that have disrupted the M25 motorway around London over the past four days are to pause, organisers have said, to give the government time to reconsider issuing fresh licences for oil and gas extraction.

Just Stop Oil to halt protests on M25

11 November 2022 News Business Matters 0 Comments

The Just Stop Oil protests that have disrupted the M25 motorway around London over the past four days are to pause, organisers have said, to give the government time to reconsider issuing fresh licences for oil and gas extraction.

Elon Musk has offered to buy Twitter for $44 billion, a purchase that would put him in charge of one of the most influential media platforms.

Exodus continues at Twitter as Elon Musk hints at possible bankruptcy

11 November 2022 News, Technology Business Matters 0 Comments

As Elon Musk’s ownership of Twitter entered its third week, and following mass layoffs, the billionaire laid bare a delicate financial future for the social media platform, amid an exodus of top privacy and security executives.

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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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