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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

kwasi kwarteng

Kwarteng leaves Washington early with another mini-budget u-turn on the cards

14 October 2022 News Business Matters 0 Comments

Kwasi Kwarteng is ending his trip to Washington a day early, flying back to London amid speculation that the government is planning another U-turn on its mini-budget.

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.

Bank of England to stop government bond-buying scheme today

14 October 2022 News Business Matters 0 Comments

The Bank of England is set to stop its government bond-buying scheme today after attempting to reassure the UK’s financial markets.

One in five letters and parcels sent first class do not arrive the next working day, Royal Mail has admitted.

Royal Mail plans to make up to 6,000 roles redundant by August

14 October 202214 October 2022 News Business Matters 0 Comments

Royal Mail has announced it will begin a process to make 5,000 to 6,000 roles redundant by August next year.

Natwest Bank

NatWest to close a further 43 UK bank branches

13 October 2022 News Business Matters 0 Comments

NatWest has confirmed it is closing 43 bank branches across the UK in the latest move to transition its banking services online.

Unionists have warned Liz Truss that there will be “major implications” if she fails to set a swift deadline to end negotiations with Brussels over the Northern Ireland protocol.

Ditching Truss would be ‘disastrously bad idea’, says ally Cleverly

13 October 2022 News Business Matters 0 Comments

Foreign Secretary James Cleverly said the Government is focused on getting economic growth despite the market turbulence.

Marks and Spencer

Marks and Spencer confirms 67 stores will shut over next five years as part of a major overhaul

13 October 202213 October 2022 News Business Matters 0 Comments

High street giant Marks and Spencer is set to close 67 stores over the next five years as part of a major shake-up.

Half of UK SME's have had an application for a loan rejected in the past year with one in ten owners remortgaging their homes to keep trading, new research suggests.

Households struggling with mortgages ‘might reach 2008 peak next year’

13 October 202213 October 2022 News Business Matters 0 Comments

The proportion of households struggling to make their mortgage payments is expected to increase to its pre-financial crisis peak by the end of next year, the Bank of England has warned.

One in five letters and parcels sent first class do not arrive the next working day, Royal Mail has admitted.

Royal Mail workers set to walkout in fresh strike over pay and conditions

13 October 202213 October 2022 News Business Matters 0 Comments

Members of the CWU union are embroiled in a long-running row, which is set to continue in the build up to Christmas.

RMT leader tells MPs a change of atmosphere was needed to break the deadlocked row.

Government accused of prolonging rail workers dispute as RMT demand a change of atmosphere

13 October 202213 October 2022 News Business Matters 0 Comments

RMT leader tells MPs a change of atmosphere was needed to break the deadlocked row.

Martha Lane Fox

Baroness Martha Lane-Fox CBE elected new President of the British Chambers of Commerce

12 October 202212 October 2022 News Business Matters 0 Comments

Baroness Lane-Fox has been elected the new president of the Business Chamber of Commerce, succeeding Baroness Ruby McGregor-Smith CBE as President, whose two-year term has came to an end.  

Banning flights on routes with fast rail connections could cut the UK’s emissions from domestic aviation by a third, a report has found.

Banning flights on UK routes with fast rail links ‘could cut flight emissions by third’

12 October 2022 News Business Matters 0 Comments

Banning flights on routes with fast rail connections could cut the UK’s emissions from domestic aviation by a third, a report has found.

Netflix will finally reveal exactly how many people watch its programmes in the UK, giving an insight to the true cultural power of the streaming service and its impact on British viewing habits.

Netflix to reveal for first time how many people watch its shows in the UK

12 October 2022 News Business Matters 0 Comments

Netflix will finally reveal exactly how many people watch its programmes in the UK, giving an insight to the true cultural power of the streaming service and its impact on British viewing habits.

UK fashion industry

Frasers Group takes stake in retailer N Brown

12 October 2022 News Business Matters 0 Comments

Sports Direct’s owner Frasers Group has snapped up a 4.54 per cent stake in N Brown, the online retailer behind brands including Jacamo and JD Williams.

Marmalade sales surged last month as the nation paid its respects to the late Queen by leaving the breakfast staple as a tribute at memorial sites.

Marmalade sales surged after death of Queen Elizabeth as nation paid its respects

12 October 2022 News Business Matters 0 Comments

Marmalade sales surged last month as the nation paid its respects to the late Queen by leaving the breakfast staple as a tribute at memorial sites.

King Charles’s coronation will be held at Westminster Abbey on Saturday, May 6, next year with Queen Camilla crowned alongside him, Buckingham Palace has said.

King Charles’s coronation to be held on May 6

12 October 2022 News Business Matters 0 Comments

King Charles’s coronation will be held at Westminster Abbey on Saturday, May 6, next year with Queen Camilla crowned alongside him, Buckingham Palace has said.

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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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