News
Mortgage affordability test scrapped by Bank of England
Mortgage borrowing rules have been eased after the Bank of England scrapped an affordability test.
Sunday 25 October 2026
The latest news affecting small and medium sized (SME) businesses in the UK
Mortgage borrowing rules have been eased after the Bank of England scrapped an affordability test.
Waitrose is removing best-before dates from nearly 500 fresh food products in an effort to reduce food waste.
UK business leaders are slashing investment plans as soaring prices, Brexit trading difficulties and political uncertainty all leave bosses pessimistic about the economic outlook.
Two million “micro-business” owners do not believe they can have a positive impact on targets for a net zero economy, research suggests.
The Bank of England’s monetary policy committee is expected to implement the biggest rate rise in its quarter-century of independence from the Treasury by raising interest…
Energy-intensive businesses soon may have to reduce the hours they operate or ration usage if wholesale prices remain so high, experts have warned.
NatWest is to return £2.1 billion to shareholders and has revealed a surprise increase in profits despite worries about Britain’s inflation-fuelled cost of living crisis.
The UK's competition watchdog is investigating Asos, Boohoo and Asda over claims about the sustainability of their fashion products.
Taxpayers have been left to foot a £421m bill to cover soured Covid debts, after one in 12 businesses defaulted on state-backed emergency loans distributed at…
The affordability of a home in England has fallen to its lowest since records began in 1999, official figures show.
The British Gas owner Centrica has defended paying £59 million to shareholders after its profits surged fivefold to £1.3 billion thanks to high energy prices.
A whopping £51 billion in credit card, overdraft and personal loan debts will be accrued by consumers who are struggling to meet the upcoming tax deadline.
The US economy has officially plunged into recession in a sign of things to come for the rest of the world, figures published today revealed.
Train drivers at nine rail companies will strike on 13 August in a dispute over pay, the union Aslef has said.
Long Covid is costing the UK up to £1.5bn a year in lost earnings, researchers say, after the number of people suffering persistent symptoms of the…