
Metro Bank suspends new business accounts
Metro Bank has become the latest lender to stop opening new accounts for businesses, despite the Bank of England calling for credit to keep flowing.
The latest news affecting small and medium sized (SME) businesses in the UK

Metro Bank has become the latest lender to stop opening new accounts for businesses, despite the Bank of England calling for credit to keep flowing.

Britons spent an extra £261m on alcohol in grocery stores last month as the government’s eat out to help out scheme came to an end and…

Ikea is to buy back its unwanted furniture from customers to resell as secondhand as part of the Swedish group’s efforts to become more environmentally friendly.

Unemployment rose to 4.5% in the three months to August as the total number of jobless rose by 138,000, the Office for National Statistics (ONS) said.

The Treasury will need to raise £40 billion more a year from taxes in the aftermath of Covid-19, an influential think tank will say today.

The Bank of England has moved a step closer to adopting negative interest after writing to banks asking them how ready they would be for the…

The UK could "run out" of electric cars next year as motor manufacturers prioritise the sale of vehicles in mainland Europe, according to research.

Two billionaire brothers from Blackburn have been made CBEs a week after clinching a £6.8bn deal to buy the Asda supermarket chain from Walmart.

Trade deals risk being derailed by “misunderstandings” and scare stories unless British officials draw industry closer to the negotiating table, the CBI is warning.

A quarter of Vue’s UK cinemas are to shut three days a week in an effort to reduce costs after delays in the release of a…

Business leaders are mounting a legal challenge to the government’s lockdown restrictions, which they say have decimated the hospitality industry.

Only one in eight businesses feels ready for Britain’s departure from the European Union as the business secretary today urges companies to step up their preparations.

Banks may outsource the recovery of billions of pounds of state-supported loans to debt collectors on the grounds that the task will be too onerous to…

Boris Johnson is expected to place Liverpool under tough coronavirus rules today as he announces a new tiered local lockdown system amid fraying relations with leaders…

Netflix is investing in a new London headquarters as part of its aggressive expansion plans in Britain.