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Latest News:

  • Mike Lynch’s estate wins right to challenge £920m HP fraud ruling
  • Amazon accused of rigging ad auctions as FTC and 22 states allege $20bn overcharge
  • Shop price inflation hits two-year high as energy costs reach the shelves
  • Employers blame lack of soft skills for fuelling youth unemployment crisis
  • Victoria Beckham brand turns its first profit as revenue climbs 15% to £129.8m
  • Parents of seriously ill children should get 12 weeks’ paid leave, says children’s commissioner
  • Cost of new government borrowing nears 30-year high as October budget looms
  • easyJet heads back into the FTSE 100 as Entain, Aston Martin and Persimmon face the drop
  • Scan.com raises $220m to fund US push ahead of flotation talks
  • Vodafone, Heathrow and JCB head to Reform UK conference as party woos business

Category: News

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

Bank of England Carney

New Bank of England boss to be recruited

24 April 2019 News Business Matters 0 Comments

The government has launched the recruitment process for a new governor for the Bank of England.

patisserie valerie

Luke Johnson joins Patisserie Valerie creditor committee

24 April 2019 News Business Matters 0 Comments

Luke Johnson, the former executive chairman of Patisserie Valerie, has taken the “unusual” step of joining a committee of creditors to the failed café chain.

r&d

Brits unaware of £3.7BN stealth tax on UK companies

23 April 201922 April 2019 News Business Matters 0 Comments

New research brings to light the UK’s alarming lack of awareness for the Stamp Duty Reserve Tax (SDRT) charged on British stocks.

Vintage clothes shop

UK Startup helps Age UK unlock £23k extra per month

22 April 201920 March 2023 News Business Matters 0 Comments

New service, Vintage Cash Cow for Charities, helps charity shops make money from previously ‘unsellable’ items

banks

Utility customers without bank accounts pay £500 extra a year in bills

22 April 2019 News Business Matters 0 Comments

People who do not have access to a bank account pay an extra £485 a year for everyday bills and services, research from an account provider suggests.

pub closure

Seventy-six pubs shutting per month as triple whammy of taxes bite

22 April 2019 News Business Matters 0 Comments

Nearly 1,000 UK pubs shut last year, although the rate of closures is slowing, new research claims.

password

Millions use most hacked password for online accounts

22 April 2019 News Business Matters 0 Comments

Millions of people are using easy-to-guess passwords on sensitive accounts, analysis by UK’s National Cyber Security Centre (NCSC) has found

facebook

Facebook copied email contacts of 1.5 million users

19 April 201912 April 2022 News Business Matters 0 Comments

Facebook “unintentionally” uploaded the email contacts of more than 1.5 million users without asking permission to do so, the social network has admitted.

Debenhams boss Sergio Bucher steps down

Debenhams boss Sergio Bucher steps down from struggling department store

19 April 2019 News Business Matters 1 Comment

Debenhams boss Sergio Bucher has stepped down following the recent takeover of the struggling department store chain by its lenders.

spark energy

Thousands switch energy firms after price cap rise

18 April 20192 August 2026 Advice, News Business Matters 0 Comments

Energy switching levels have risen by 12 per cent this year, allaying concerns that the government’s price cap would stifle competition.

Mastercard plans

Mastercard ‘likely to settle £14bn claim and recoup costs from increased fees’

18 April 201927 January 2025 News Business Matters 0 Comments

Mastercard faces mounting commercial pressure to settle a landmark £14 billion consumer rights claim, lawyers have said.

bank closure

UK SMEs are turning to new sources of finance as they struggle to access funds

17 April 2019 News Business Matters 0 Comments

New research has found that the UK’s SMEs are exploring new sources of finance as access to funds becomes harder to secure.

6ED47FD4-D216-43B1-8A34-55BA6E4D87C6

HMRC lose another IR35 case to BBC and Loose Women star Kaye Adams

17 April 201917 April 2019 News Business Matters 0 Comments

IPSE (the Association of Independent Professionals and the Self-Employed) has warned that HMRC’s tax case defeat by Kaye Adams shows it does not understand its own IR35 legislation.

Mastercard plans

MasterCard faces £14Bn overcharging customer claim

17 April 2019 News Business Matters 0 Comments

A surprise court ruling has revived the possibility of a £14bn lawsuit against credit card firm

women pensions

Menopause costs UK economy 14 million working days a year

16 April 2019 News Business Matters 0 Comments

Hot flushes, memory loss, joint aches and anxiety are just some of the menopause symptoms costing the UK economy 14 million working days every year.

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Aldi accused of desperation after attack on supermarket loyalty schemes

Mike Lynch’s estate wins right to challenge £920m HP fraud ruling

Amazon accused of rigging ad auctions as FTC and 22 states allege $20bn overcharge

Shop price inflation hits two-year high as energy costs reach the shelves

Employers blame lack of soft skills for fuelling youth unemployment crisis

Victoria Beckham brand turns its first profit as revenue climbs 15% to £129.8m

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