The latest news affecting small and medium sized (SME) businesses in the UK
The OECD warns the UK will be hardest hit among major economies by the Iran war, cutting growth forecasts to 0.7% and raising inflation expectations.
Jaguar Land Rover has paused production at its Solihull plant for two weeks due to a supplier parts issue affecting Range Rover models.
Over 2,000 North Sea jobs are set to be saved after HMRC drops its challenge to Petrofac’s restructuring deal, clearing the way for a sale to…
Britain faces a shortage of 44,000 EV-trained mechanics as electric vehicle adoption rises, with independent garages slow to invest in training.
Co-op CEO Shirine Khoury-Haq is stepping down after reporting losses, a major cyberattack and allegations of a toxic workplace culture.
Barclays is scaling back lending to smaller borrowers after losses linked to private credit firm collapses, shifting focus to larger corporate clients.
Vodafone faces a landmark £85m High Court claim from franchisees alleging mistreatment, with MPs calling for tighter regulation of the UK franchise sector.
UK inflation remained at 3% in February, but rising oil prices from the Iran conflict are expected to push inflation higher later this year.
BlackRock CEO Larry Fink warns oil at $150 could trigger a global recession, as energy costs, inflation and geopolitical risks reshape the economic outlook.
UK factory costs have risen at their fastest pace since 1992 as energy prices spike, with PMI data showing growth slowing sharply and inflation risks mounting.
Revolut reports record £1.7bn profit and plans UK credit card launch after securing banking licence, as customer growth passes 70 million globally.
Merlin Entertainments takes a £262m writedown on Madame Tussauds as visitor numbers decline and the group pushes to reinvent the brand.
Mike Lynch’s estate faces potential wipeout after a $1.24bn High Court damages ruling in favour of HPE over the Autonomy fraud case.
The UK government will direct £7.4bn annually to small businesses by 2028, setting new departmental targets to boost SME growth and local economies.
Large UK companies face multimillion-pound fines for late payments under new laws, with a 60-day limit and stronger powers for the Small Business Commissioner.