The latest news affecting small and medium sized (SME) businesses in the UK
Lloyds Banking Group will close 49 more branches in 2026 across Lloyds, Halifax and Bank of Scotland as the high street banking exodus deepens.
Drivers could be taxed per mile under Reeves’s Budget plans, raising £20bn a year. Critics warn of unfair costs and privacy risks.
Peter Mandelson has been stripped of his voting rights and dividend payments at Global Counsel after damning emails revealed his close ties to Jeffrey Epstein. His…
Ex-Chancellor Jeremy Hunt slams Rachel Reeves’s £30bn tax plan, warning it will crush growth, stifle business and kill the UK’s ‘animal spirits’.
UK manufacturers say they face collapse as energy standing charges and levies double, with firms warning Reeves that new bills will drive jobs overseas.
HMRC can now raid bank accounts and Isas to recover unpaid taxes over £1,000 after Reeves revived its controversial debt recovery powers.
JD Sports warns Rachel Reeves against more job cost hikes as profits slump 13.5% and youth unemployment rises, despite booming trainer sales.
Revolut has pledged a £3bn UK investment over five years, creating 1,000 jobs and expanding its London HQ. Chancellor Rachel Reeves hailed the move as a…
Chancellor Rachel Reeves is considering slashing the VAT registration threshold from £90,000 to £30,000 in the November Budget – a move that could drag tens of…
Boohoo has warned suppliers of delayed payments amid a growing cash squeeze, weeks after securing a £175m loan and reporting annual losses of £348m.
Thousands of British tech workers face soaring costs after Donald Trump raised the H-1B visa fee to $100,000, sparking backlash from Silicon Valley and opening an…
The OECD has raised its forecast for UK inflation to 3.5% in 2025, the highest in the G7, as Rachel Reeves faces pressure to balance the…
Amazon will close all 19 of its UK Fresh stores, putting up to 250 jobs at risk, as it pivots to online grocery and expands its…
The Resolution Foundation has urged Rachel Reeves to cut 2p from employee national insurance and raise income tax instead, a move that could raise £6bn a…
Nvidia will invest up to $100bn in OpenAI and supply its data centre chips from 2026, in a landmark partnership between two of the world’s AI…