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Latest News:

  • TikTok UK legal bill tops $1bn as regulators close in
  • National Wealth Fund backs Devon tungsten mine revival with £71m
  • Zero-hours contracts crackdown risks closing ‘doors to opportunity’, employers warn
  • British start-up to help America build nuclear-powered cargo ships
  • HMRC checks 45 million PAYE accounts as P800 letters go out
  • London’s female founders pass £100m in Start Up Loans
  • Caudwell and Rose warn Britain is training entrepreneurs for export
  • Business rates review to reset how pubs and hotels are valued
  • Profits almost halve at Britain’s 100 biggest restaurant groups
  • Britain’s hidden productivity boom masked by ‘flawed’ ONS data

Category: News

The latest news affecting small and medium sized (SME) businesses in the UK

Bitcoin surged to a record high on Monday, topping $123,000, as investors reacted to growing political and institutional support for cryptocurrency in the United States.

Trump Media to launch world’s first social media prediction market in deal with Crypto.com

28 October 2025 News Amy Ingham 0 Comments

Trump Media will launch “Truth Predict” — the world’s first embedded prediction market on a social media platform — through an exclusive partnership with Crypto.com, marking a bold fintech expansion for the Truth Social parent company.

Amazon is cutting around 14,000 corporate jobs as part of a sweeping restructuring designed to streamline operations and integrate artificial intelligence more deeply into the company’s global business.

Amazon to cut 14,000 corporate jobs as AI reshapes workforce

28 October 2025 AI, News Amy Ingham 0 Comments

Amazon will cut 14,000 corporate jobs as part of a major restructuring to streamline operations and accelerate its multi-billion-dollar investment in artificial intelligence.

LinkedIn is facing mounting calls to suspend the account of Sam Wall, a 55-year-old digital marketing strategist from Cheadle, who was jailed for 28 months on Friday after pleading guilty to stalking, harassment and malicious communication.

Pressure mounts on LinkedIn to close account of jailed stalker Sam Wall

27 October 2025 News Jamie Young 0 Comments

LinkedIn is under growing pressure to shut down the account of convicted stalker Sam Wall, who was jailed for more than two years for a “deliberate and calculated” campaign of harassment against prominent entrepreneurs — yet remains active on the platform.

A new report by the Autonomy Institute has found that companies donating to Labour have been awarded nearly £138m in government contracts during the party’s first year in office.

Companies that donated to Labour awarded £138m in government contracts, report claims

27 October 202527 October 2025 News Jamie Young 0 Comments

A new analysis by the Autonomy Institute has found that companies donating to Labour were awarded £138m in government contracts during the party’s first year in power, reviving concerns about the influence of political donations on public spending.

Apple has lost a major competition case in the UK after the Competition Appeal Tribunal (CAT) ruled that the company abused its dominant position in the digital app marketplace by overcharging millions of iPhone and iPad users for apps and in-app purchases.

Apple loses £1.5bn UK court case over App Store fees in landmark competition ruling

27 October 2025 Legal, News, Technology Amy Ingham 0 Comments

Apple faces a potential £1.5bn payout after a UK tribunal ruled it abused its dominant market position by overcharging millions of consumers through its App Store, in a landmark case led by King’s College London lecturer Dr Rachael Kent.

Natural Resources Wales (NRW), a Welsh government-sponsored body, has paid a £14.6 million settlement to HMRC after admitting to historic non-compliance with the UK’s IR35 off-payroll working rules.

Welsh government body hit with £14.6m IR35 tax bill after compliance errors

27 October 202527 October 2025 News Jamie Young 0 Comments

Natural Resources Wales has paid more than £14m to HMRC following an IR35 investigation into its historic use of contractors, prompting renewed warnings over the risks of non-compliance with the UK’s off-payroll working rules.

His Majesty’s Revenue & Customs (HMRC) has seen its annual wage bill rise by £29.4 million over the past year, driven by an increase in senior-level employees, according to new research from the Global Payroll Alliance (GPA).

Senior staff expansion drives £29m rise in HMRC wage bill

27 October 2025 News Jamie Young 0 Comments

New research has revealed that HMRC’s annual pay bill has surged by more than £29m in the past year, as the tax authority expands its senior workforce despite government pressure to curb public-sector spending.

The United States and China have reached a final agreement on the sale of TikTok’s US operations, Treasury Secretary Scott Bessent confirmed on Sunday, marking a breakthrough in a long-running dispute over the video-sharing platform’s ownership and data security.

US and China agree final TikTok sale deal as part of wider trade framework

27 October 2025 News Jamie Young 0 Comments

Washington and Beijing have agreed the final details of a deal transferring TikTok’s US arm to new ownership, Treasury Secretary Scott Bessent has confirmed, describing the move as part of a broader trade accord to be sealed at this week’s Trump–Xi meeting.

Supermarkets and food manufacturers in England will be expected to help tackle rising obesity rates by making it easier for customers to choose healthier food, under a new government initiative announced today.

Supermarkets warn tax rises could drive food prices higher

26 October 2025 News Jamie Young 0 Comments

Britain’s leading grocers have urged Chancellor Rachel Reeves to avoid tax hikes in next month’s Budget, warning that higher business rates could push up food prices and worsen the cost-of-living squeeze.

Reeves forced to correct parliamentary record after misquoting key figures

Reeves refuses to rule out income tax rise as pressure mounts before Budget

26 October 2025 News Jamie Young 0 Comments

Chancellor Rachel Reeves has fuelled speculation over a possible income-tax rise after refusing to dismiss reports that Treasury officials are considering rate increases to plug a multibillion-pound hole in the public finances.

Nearly two-thirds of UK companies are set to scale back hiring plans in response to the Chancellor's £40bn tax hike, according to new polling by the Confederation of British Industry (CBI).

Reeves weighs income tax rise to plug £30bn fiscal hole

24 October 2025 News Jamie Young 0 Comments

Chancellor Rachel Reeves is considering raising income tax for the first time in more than a decade as she faces one of the most difficult budgets in recent memory, with a £30bn fiscal gap and mounting political risks.

Natwest has partnered with IBM to launch an AI chatbot designed to provide more “human interaction” to customers after closing dozens of local branches this year.

NatWest profits surge 30% as higher interest rates fuel bank earnings

24 October 2025 News Jamie Young 0 Comments

NatWest has reported a sharp rise in quarterly profits as higher interest rates and strong customer activity lifted earnings, prompting the High Street bank to raise its forecasts for the year.

Entrepreneur Reedah El-Saie, founder of the educational technology company Brainspark Games, has secured a £30,000 investment on BBC’s Dragons’ Den after an impressive pitch that earned her the rare support of three Dragons.

Brainspark Games founder secures triple investment on Dragons’ Den

24 October 2025 Get Funded, News Amy Ingham 0 Comments

Brainspark Games founder Reedah El-Saie walked away with backing from three Dragons after her innovative EdTech pitch won over Sara Davies, Deborah Meaden and Touker Suleyman on BBC’s Dragons’ Den.

Britain’s car manufacturing output has slumped to its lowest point in more than seven decades after a devastating cyber attack brought Jaguar Land Rover’s (JLR) assembly lines to a standstill for more than a month.

UK car production plunges to lowest level since 1952 after Jaguar Land Rover cyber attack

24 October 2025 News Amy Ingham 0 Comments

A crippling cyber attack that shut down Jaguar Land Rover’s factories has pushed Britain’s car output to its lowest level since the early 1950s, as fresh data reveals the full impact of the incident on the wider industry.

The London Stock Exchange Group (LSEG) has secured a £170 million investment from 11 of the world’s largest banks, strengthening its post-trade operations and deepening ties with key industry partners.

London Stock Exchange seals £170m deal with 11 global banks to strengthen post-trade operations

23 October 2025 Get Funded, News Jamie Young 0 Comments

London Stock Exchange secures £170m from 11 major banks for its Post Trade Solutions arm, valuing the business at £850m amid strong Q3 results.

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