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Latest News:

  • 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
  • Allica Bank applies for Swedish banking licence in first move beyond the UK
  • Call blocker firm fined £190,000 for making the nuisance calls it claimed to stop
  • Burnham’s business rates adviser called for £9bn tax cut for high streets
  • Colman’s Mustard put up for sale as Unilever clears path for £48bn McCormick merger
  • Britain’s 240 crypto millionaires revealed in first HMRC cryptoasset tax data
  • EY urges junior staff back to the office as AI puts a premium on human skills

Category: News

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

online scams

Bank payment scams claim 84,000 victims

22 March 2019 News Business Matters 0 Comments

Scams in which criminals trick bank customers into paying them money out of their bank accounts jumped by 45% in the second half of last year.

facebook

Millions of Facebook passwords exposed

22 March 201922 July 2023 News Business Matters 0 Comments

The passwords of millions of Facebook users were accessible by up to 20,000 employees of the social network, it has been reported.

google

Google fined £1.27bn for illegal advertising practices

20 March 2019 News Business Matters 2 Comments

Tech giant Google has been issued with a £1.27bn fine by the European Commission for alleged illegal practices in search advertising.

Lorraine Kelly

Lorraine Kelly wins £1.2m fight with the taxman over self employment

20 March 201920 March 2019 News Business Matters 0 Comments

Lorraine Kelly has escaped a £1.2 million tax bill after a judge described her as an ‘entertaining lady’ who is her own boss.

Team Ineos - Team Sky

Jim Ratcliffe’s secures future of Britain’s most successful road cycling team as Ineos buys Team Sky

19 March 2019 News Business Matters 0 Comments

Jim Ratcliffe’s chemicals giant Ineos has bought Britain’s most successful road cycling team in recent years, Team Sky.

Office Outlet

Former Staples chain Office Outlet in administration

19 March 201919 March 2019 News Business Matters 0 Comments

The former Staples stationery chain, Office Outlet, is in administration, putting 1,200 jobs at risk.

Harry Redknapp Roly Poly

Harry Redknapp turns jam roly poly passion into new online business

19 March 201910 April 2021 News Business Matters 2 Comments

Football legend and recently-crowned King of the Jungle, Harry Redknapp, has launched an online business to bring his beloved jam roly polys to the nation.

national minimum wage

GMB union call for enforcement to be covered by National Minimum Wage review

19 March 2019 News Business Matters 0 Comments

GMB have called for the official review into the future of the National Living Wage and National Minimum Wage, to be conducted by Professor Arin Dube, to cover enforcement and a role for unions to make complaints about non-payment.

London skyline

London climbs world’s most expensive cities rankings

19 March 2019 News Business Matters 1 Comment

London has become a dearer place to live in the last year, causing it to climb eight places in the world’s most expensive city list, according to the latest worldwide cost of living survey.

public sector tax

HMRC ramps up investigations on professional service companies suspected of tax evasion

19 March 2019 News Business Matters 0 Comments

HM Revenue and Customs (HMRC) has issued nearly 1,500 demands to professional service firms for more information on clients suspected of tax evasion, a law firm has found.

Marks and Spencers

M&S plans big store shift towards weekly food shop

18 March 2019 News Business Matters 1 Comment

Marks and Spencer is planning a big shift towards food at its stores, the retailer has said.

oOh-Retail_ShopaLive_Nike_Sylvia-Parkl_NZ-min

JD Sports in deal to buy Footasylum for £90m

18 March 2019 News Business Matters 0 Comments

JD Sports has made an offer to purchase clothing and shoe retailer Footasylum for £90.1m.

paying by debit card

WorldPay sold in $43bn sale to US rival

18 March 2019 News Business Matters 1 Comment

A UK payment processing firm that used to be owned by Royal Bank of Scotland has been sold in a deal worth $43bn (£32bn).

speaking on the phone

Economic uncertainty not impacting scale up businesses’ confidence about growth

18 March 201917 March 2019 News Business Matters 1 Comment

New research from Barclaycard, which processes nearly half of the nation’s credit and debit card transactions, identifies that even in an uncertain environment, UK businesses remain confident of their growth prospects – over both the short and long term.

Patisserie Valerie

Patisserie Valerie black hole doubles previous estimate to £94m

16 March 2019 News Business Matters 0 Comments

The accounting black hole at Patisserie Valerie has swelled to £94m, more than double a previous estimate, according to a new report by its administrators.

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Latest Content

The government is paying more to borrow through newly issued debt than at almost any point in the past three decades, a reminder of the tough fiscal backdrop against which prime minister Andy Burnham and chancellor John Healey are drawing up their first budget, now less than two months away.

Cost of new government borrowing nears 30-year high as October budget looms

UK borrowing costs are close to their highest level in almost three decades, with newly issued government debt yielding an average of 3.8 per cent this year, as Andy Burnham and John Healey prepare a first budget already clouded by talk of tax rises.

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

Allica Bank applies for Swedish banking licence in first move beyond the UK

Self-Employed American Expats Still Need to File U.S. Taxes

Turning Workplace Safety from a Compliance Exercise into a Business Advantage

Call blocker firm fined £190,000 for making the nuisance calls it claimed to stop

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