
Pound hits three-month high against dollar as US inflation cools
The pound rose above $1.20 for the first time in almost three months yesterday as expectations grow that inflation in the US has peaked.
The latest news affecting small and medium sized (SME) businesses in the UK

The pound rose above $1.20 for the first time in almost three months yesterday as expectations grow that inflation in the US has peaked.

Europe could be scrambling for diesel supplies over the winter, with the continent increasingly exposed to “exceptionally tight markets,” warned the International Energy Agency (IEA).

Brexit is the ultimate reason why the UK now faces a fresh round of austerity, a former interest rate-setter at the Bank of England has said.

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.

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…

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,…

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…

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.

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.

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.

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 this week.

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

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…

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…