The latest news affecting small and medium sized (SME) businesses in the UK
New Look has written to suppliers to inform them it will be cancelling all orders and pushing back payment terms “indefinitely”, to ease the impact of…
A retired High Court judge has been appointed to re-review compensation paid by Lloyds Banking Group to victims of one of Britain’s biggest banking scandals after…
Debenhams, once the country’s biggest department store group, could file for administration as soon as next week in a bid to protect its business from creditors…
Nationwide Building Society, one of Britain’s biggest lenders, is abandoning plans to enter the business banking market, saying the coronavirus epidemic has made it commercially unviable.
Hundreds of rural and independent petrol stations across the UK will be forced to shut within a matter of weeks due to plunging fuel consumption during…
Banks have approved nearly one million mortgage holidays for cash-strapped homeowners in lockdown who are struggling to meet their payments.
Retailer Philip Green is asking for taxpayer help to prop up his crumbling fashion empire, with 14,500 employees set to be paid out of the government’s…
Animal lovers rushed to stock up on products for their pets as the coronavirus pandemic took hold, a leading retailer has said.
Sir Richard Branson is to defer tens of millions of pounds in fees owed by the hardest-hit Virgin-branded companies as the coronavirus pandemic decimates revenues across…
The emergency loans scheme for businesses struggling to survive amid the coronavirus pandemic has been revamped following strong criticism.
The government will cover the losses of bus companies in England over the next three months to ensure that services can still run.
Matt Hancock, the health secretary, has urged Premier League footballers to “play your part” in the coronavirus crisis and take a reduction in wages.
Businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of…
Business Secretary Alok Sharma has issued a stark warning to banks, after concerns that up to a million companies could fold because they could be denied…
People struggling financially amid the coronavirus pandemic should not be charged interest on the first £500 of existing overdrafts for 90 days, the UK's financial watchdog…