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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

A senior Bank of England policymaker has said Britain’s central bank could raise rates again next month to combat the risk of high inflation persisting into 2023.

Credibility is returning to UK’s gilts, says Bank deputy governor

25 October 2022 News Business Matters 0 Comments

Britain is winning back credibility in the gilt markets but this still needs to be followed through with stable policymaking, a senior Bank of England rate-setter has said.

Chancellor Rishi Sunak UK Furlough

Rishi Sunak tells Tory party: Unite or die

25 October 2022 News Business Matters 0 Comments

Rishi Sunak warned Conservative MPs to “unite or die” as he became the party’s third leader in two months.

Asos is to write off more than £100m of stock and cut costs after diving into the red after its annual sales growth almost halted as shoppers hit by the cost of living crisis reined in spending on fashion.

Frasers builds 5% stake in Asos to become fourth-largest investor

24 October 2022 News Business Matters 0 Comments

Online fashion retailer Asos is poised to confirm that the billionaire retailer Mike Ashley has built up a stake of more than 5% in the company.

Average earners, rather than the wealthy, will be required to pay significantly higher taxes to finance higher public spending in the UK, the former governor of the Bank of England said on Sunday.

Former BoE governor Lord King thinks austerity could be more difficult this time round

24 October 2022 News Business Matters 0 Comments

Average earners, rather than the wealthy, will be required to pay significantly higher taxes to finance higher public spending in the UK, the former governor of the Bank of England said on Sunday.

Liverpool dock workers will stage two more weeks of strikes in a long-running row over pay and jobs.

Liverpool dock workers begin two-week strike after talks end in ‘chaos’

24 October 2022 News Business Matters 0 Comments

Hundreds of dock workers at one of the UK’s largest container ports are beginning a fresh two-week strike in a dispute over pay, which could further disrupt the country’s supply chains.

Rishi Sunak

Sunak’s £520 million SME Help To Grow scheme set to be axed in cost cutting drive

24 October 2022 News Business Matters 0 Comments

Rishi Sunak’s £520 million scheme to improve the productivity of Britain’s small companies faces the chop as part of a review of business support in Whitehall to find cost savings.

Almost half of shoppers plan to rein in their Christmas spending this year, with a sharp jump in the proportion of people worried about the impact on their finances, new research has found.

Half of UK shoppers to cut back on spending for Christmas gifts

24 October 2022 News Business Matters 0 Comments

Almost half of shoppers plan to rein in their Christmas spending this year, with a sharp jump in the proportion of people worried about the impact on their finances, new research has found.

Consumer confidence has fallen to a record low as households cut back on leisure spending to save money amid soaring inflation.

Consumers rein in spending as confidence falls to a record low

24 October 2022 News Business Matters 0 Comments

Consumer confidence has fallen to a record low as households cut back on leisure spending to save money amid soaring inflation.

Rishi Sunak has told the cabinet that interest rates are expected to increase to 2.5 per cent over the next year as he warned ministers against borrowing more to fund public spending.

Rishi Sunak set to make history as Boris Johnson quits race for No 10

24 October 202224 October 2022 News Business Matters 0 Comments

Boris Johnson pulled out of the Conservative leadership contest yesterday, paving the way for Rishi Sunak to become Britain’s next prime minister.

Agreement for riders in the self-employed delivery sector provides an innovative blueprint for the future of work, says the GMB and Deliveroo

Sales growth cools at Deliveroo as customers lose appetite for takeaways

21 October 202221 October 2022 News Business Matters 0 Comments

Deliveroo gave warning that its sales growth would be at the lower end of previous guidance as rising prices prompt consumers to cut back on takeaways.

Millions of people in the UK are struggling to pay their bills, according to the City watchdog, which said a growing proportion of the population is having trouble making ends meet.

Almost 8m people in UK struggling to pay bills, says City watchdog

21 October 2022 News Business Matters 0 Comments

Millions of people in the UK are struggling to pay their bills, according to the City watchdog, which said a growing proportion of the population is having trouble making ends meet.

Zara is to help its UK shoppers resell, repair or donate clothing bought from the Spanish fashion chain in an effort to reduce its environmental impact.

Zara enters resale market with pre-owned service

21 October 202221 October 2022 News Business Matters 0 Comments

Zara is to help its UK shoppers resell, repair or donate clothing bought from the Spanish fashion chain in an effort to reduce its environmental impact.

Elon Musk is considering cutting Twitter’s workforce by almost 75 per cent, as the deadline for his $44 billion takeover of the social media group edges closer.

Elon Musk ‘planning to fire’ 75% of Twitter workers as $44 billion takeover edges closer

21 October 202221 October 2022 News, Technology Business Matters 0 Comments

Elon Musk is considering cutting Twitter’s workforce by almost 75 per cent, as the deadline for his $44 billion takeover of the social media group edges closer.

Households with smart meters could earn hundreds of pounds by using less electricity at peak times this winter as part of efforts to avoid blackouts.

National Grid will pay households hundreds of pounds for putting washing on after 9pm

21 October 2022 News Business Matters 0 Comments

Households with smart meters could earn hundreds of pounds by using less electricity at peak times this winter as part of efforts to avoid blackouts.

Arrival, one of UK’s most exciting electric auto manufacturer to move to incentive friendly US

Arrival, one of UK’s most exciting electric auto manufacturer to move to incentive friendly US

21 October 202221 October 2022 News Business Matters 0 Comments

One of Britain’s most exciting automotive zero-emission start-ups is to quit the country for the United States, where it says incentives are better for industry.

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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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