A £283m government plan to train future builders, coders and engineers has been criticised by business leaders as too little, too late to fix the UK’s housing and productivity crisis.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Job listings fall for second month as budget and employment law worries curb hiring
UK job adverts fell for a second consecutive month in November as employers delayed hiring amid budget uncertainty and concerns over the Employment Rights Bill, new data shows.
Non-dom tax revenues branded ‘fantasy economics’ by former government economist
New analysis warns the Chancellor’s non-dom tax plans rely on unrealistic assumptions about overseas assets and could leave a major hole in the public finances.
Northern Ireland faces new car shortages as Brexit rules bite under Windsor framework
Northern Ireland faces new car shortages and higher motoring taxes as the Windsor Framework forces EU vehicle standards from January 2026.
EU set to soften 2035 petrol and diesel car ban amid political pressure
The EU is expected to soften its planned 2035 ban on petrol and diesel cars, with hybrids likely to be allowed, sparking anger from green campaigners.
Leon to close sites and cut jobs as fast-food chain enters administration
Leon has entered administration and will close loss-making restaurants as co-founder John Vincent seeks to restructure the fast-food chain amid rising costs and weak demand.
William Hill owner Evoke puts itself up for sale amid mounting tax and debt pressures
Evoke, owner of William Hill and 888, is exploring a potential sale as rising gambling taxes and debt pressures force a strategic review of the business.
Companies face £60,000 fines under plans to extend right-to-work checks to freelancers
Businesses could face fines of up to £60,000 per worker under proposals to extend right-to-work checks to freelancers and gig-economy workers, with many owners unaware of the change.
UK economy unexpectedly contracts again as growth stalls ahead of Budget
The UK economy shrank by 0.1% in October as services stalled and construction output fell, with economists blaming pre-Budget uncertainty and weakening business confidence.
GoCardless founders in line for major payday as fintech sells for nearly £1bn
GoCardless has agreed a £920m sale to Dutch payments firm Mollie, triggering a major payday for founders Hiroki Takeuchi and Tom Blomfield and marking one of the UK’s biggest fintech exits of the year.
Scandal-hit OBR faced nearly 240,000 cyber attacks this year amid website failure that leaked Budget
FOI data reveals the OBR faced 238,678 cyber attacks this year — up 162% — as a misconfigured WordPress system led to the Chancellor’s Budget leaking online, prompting the chair’s resignation and warnings over government cyber security.
Cross-party MPs elect new leadership for APPG on Investment Fraud amid call for stronger consumer protection
The APPG on Investment Fraud and Fairer Financial Services has elected new officers, including chair John McDonnell MP, and outlined major priorities for 2026 focused on consumer protection, regulatory reform and tackling the UK’s financial “trust deficit.”
Live events sector warns PM of ‘devastating’ impact from Business Rates overhaul
The UK live events sector has urged the Prime Minister to review Business Rates changes, warning hundreds of venues could close and ticket prices rise as valuations and tax multipliers surge.
Falling gilt yields suggest Rachel Reeves has ‘won back market confidence’
Think tank IPPR says falling gilt yields show Rachel Reeves has restored market confidence, easing the UK’s risk premium and potentially saving taxpayers up to £7bn a year.
Goldman Sachs warns UK policy uncertainty is creating a ‘confidence overhang’ for small businesses
Goldman Sachs International co-head Kunal Shah says UK policy uncertainty, higher taxes and new employment rules are undermining SME confidence despite strong underlying optimism among entrepreneurs.
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