The latest news affecting small and medium sized (SME) businesses in the UK
Tesla has reported its first annual revenue decline as it cuts the Model S and Model X, pivots manufacturing to humanoid robots and deepens investment in…
China will allow British citizens to travel visa-free for up to 30 days after talks between Prime Minister Keir Starmer and President Xi Jinping, as the…
Ministers have again ruled out compensation for women affected by state pension age changes, despite a fresh review, prompting fury from the Waspi campaign and opposition…
Aldi plans to open 40 new UK stores in 2026 under a £370m investment, targeting towns without an Aldi as it works towards a long-term goal…
UPS plans to cut up to 30,000 jobs in 2026 as it continues to scale back low-margin Amazon deliveries, despite forecasting higher revenues for the year…
LK Bennett has been bought out of administration by Gordon Brothers, the US firm behind Poundland’s rescue, putting the fashion brand’s nine UK shops and 380…
Royal Mail delivered letters and parcels late to around 16 million people over Christmas, up 50% on last year, prompting warnings from Citizens Advice that consumers…
Science and Technology Secretary Liz Kendall has announced a new cross-government Future of Work Unit, a £27m TechLocal programme and plans to upskill 10 million workers…
Amazon is cutting a further 16,000 jobs globally in a second round of layoffs, with UK roles at risk, as the retail giant moves to streamline…
LVMH’s full-year 2025 results show falling revenues across key regions and categories, signalling that structural challenges in the global luxury market may persist into 2026, according…
Revel Collective has been rescued out of administration, but the closure of 21 Revolution and Revolución bars has led to almost 600 job losses across the…
Sterling has climbed to $1.38 against the US dollar — its strongest level since 2021 — as dollar weakness, rate expectations and geopolitical uncertainty fuel calls…
The Ministry of Defence has launched a new office to help small defence companies win contracts, aiming to boost SME procurement by £2.5bn a year and…
MPs have urged the Government to act urgently to address skills shortages in transport manufacturing, warning that outdated training pathways risk holding back growth in net…
A House of Lords committee has warned that proposed inheritance tax changes on pensions will place an unmanageable burden on personal representatives, risking delays, cashflow problems…