The latest news affecting small and medium sized (SME) businesses in the UK
UK unemployment is forecast to rise to its highest level since 2015 as weak growth, rising employment costs and tax changes hit hiring.
Brighton Palace Pier has been put up for sale after declining profits, highlighting the cost pressures facing UK leisure and hospitality businesses.
HSBC has launched bankruptcy proceedings against Aidan and Howard Barclay after recovering just £1.1m of a £143.5m loan from their collapsed logistics business.
Baroness Michelle Mone can keep £15,000-a-week rental income from a Belgravia mansion despite a £75m asset freeze linked to the £148m PPE Medpro investigation.
China’s BYD is on track to overtake Tesla as the world’s largest electric vehicle seller after reporting sales of more than 2.25 million EVs last year.
Uber and Bolt say London fares will rise after Rachel Reeves closes a VAT loophole used by ride-hailing apps, a move expected to raise £700m a…
Ikea is prioritising smaller city-centre stores in the UK, moving away from out-of-town megastores as rising business rates reshape retail strategy.
The upmarket fashion retailer LK Bennett is on the brink of collapse for the second time in six years after filing an application to appoint administrators.
Mercedes-Benz Financial Services UK has plunged to a £365m loss after setting aside £424m for the mis-sold car loans scandal, the largest provision disclosed by any…
More than 360 pubs were demolished or converted in 2025 as rising costs and business rates pressures continue to hit the hospitality sector.
The world’s richest 500 individuals added a record $2.2tn to their wealth in 2025, with just eight billionaires accounting for a quarter of the gains.
Richard Walker, executive chairman of Iceland, says a lack of commercial literacy in government is holding back UK growth and calls for a focus on everyday…
The UK remains last in the G7 for investment, with economists warning that rising public spending will not be enough to offset stagnating private sector investment.
The Office of the Small Business Commissioner has helped recover £10m in late payments for UK small firms since 2017, with more than £500,000 recovered in…
UK electricity demand has risen for a second consecutive year for the first time since 2003, driven by electric vehicles, heat pumps and AI data centres,…