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Latest News:

  • Applied Nutrition closes in on £1bn valuation after raising guidance for third time this year
  • One of Britain’s oldest family firms to save £250,000 a year as energy scheme opens to forges
  • Burnham signals more energy bills support in budget as price cap rises 4 per cent
  • OnlyFans owner dividends topped $700m before his death
  • 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

Category: News

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

DVLA ‘chatbot’ interactions surge by nearly 1,000% since start of Covid pandemic

DVLA to roll out digital driving licences by end of year in major services overhaul

10 August 2025 News Jamie Young 0 Comments

The DVLA will launch mobile driving licences via the new GOV.UK Wallet app this year, allowing motorists to prove their identity and age from their smartphones.

Rachel Reeves, the chancellor, is preparing to lead a team of ministers and advisers to the 2025 World Economic Forum in Davos, aiming to attract international backers and calm disquiet among domestic businesses.

Rachel Reeves ‘underestimated’ parents’ prepayment push to avoid private school VAT

10 August 2025 News Amy Ingham 0 Comments

Parents paid over £500m in advance private school fees to avoid VAT, far exceeding Treasury forecasts and prompting claims Rachel Reeves misjudged the scale of the response.

Richard Caring is nearing a £1bn deal to sell The Ivy Collection, including the original Covent Garden location. Learn more about the historic sale and its implications for one of London's most iconic dining brands.

The Ivy faces legal challenge from waiter over share of tips and service charges

9 August 2025 Legal, News Jamie Young 0 Comments

A former waiter is taking The Ivy to an employment tribunal, claiming he was unfairly allocated tips and service charges despite new laws on fair and transparent distribution.

Reform UK calls for an end to interest payments on commercial bank reserves, claiming they cost taxpayers billions. Bank of England defends the policy as vital for financial stability.

Reform UK urges energy industry to abandon net zero and focus on nuclear and gas

9 August 2025 News Amy Ingham 0 Comments

Richard Tice has told UK energy bosses there is “no democratic mandate” for net zero, vowing that a Reform government would prioritise nuclear and gas over renewables.

Jeremy Clarkson has said that Britons “do not pay enough for their food”, while recounting an experience when he was battered by heavy rain as he tried to help pigs mate.

Jeremy Clarkson warns of ‘catastrophic’ UK harvest as farmers battle extreme weather and rising costs

9 August 2025 News Jamie Young 0 Comments

Jeremy Clarkson says Britain faces a “catastrophic” harvest due to extreme weather, as farmers warn drought and rising costs could push many agricultural businesses to the brink.

HSBC has told thousands of UK employees that their pay could be cut if they fail to meet new in-office attendance requirements, as the bank steps up efforts to tighten its hybrid working policy.

HSBC reverses Canary Wharf exit plan amid desk shortage and return-to-office push

9 August 2025 News Business Matters 0 Comments

HSBC has signed a 15-year lease for new offices in Canary Wharf after a shortage of desks at its future City HQ forced the bank to rethink plans to leave the Docklands.

Soho House

Soho House profits surge as membership limits boost exclusivity amid privatisation talks

9 August 2025 News Jamie Young 0 Comments

Soho House has posted record consecutive profits after restricting new memberships in key cities, as billionaire chairman Ron Burkle renews plans to take the company private.

Rachel Reeves is under pressure to ramp up government spending on research and development (R&D) to £30 billion by the end of the decade, as business leaders warn that the UK risks falling behind global innovation powerhouses.

Gambling firms lose £4bn in market value amid fears of Reeves-led tax hike

9 August 2025 News Jamie Young 0 Comments

Shares in Flutter, Entain and Evoke tumbled as fears grow that Chancellor Rachel Reeves will target the gambling sector with higher taxes in the autumn Budget.

The High Court has issued a warrant for the arrest of venture capitalist Julie Meyer after she failed to attend a sentencing hearing following a dispute with the Royal Family's law firm Farrer & Co.

Former Dragons’ Den star Julie Meyer stripped of MBE after court contempt ruling

9 August 2025 News Amy Ingham 0 Comments

Entrepreneur Julie Meyer has been stripped of her MBE after a judge branded her “selfish and untrustworthy” over £200k in unpaid legal fees and contempt of court.

Labour will implement plans to bolster workers’ rights within 100 days of taking office, Angela Rayner has told the Labour party conference.

Rayner defends plan to raise 18-year-old minimum wage despite business backlash

8 August 2025 News Paul Jones 0 Comments

Deputy PM Angela Rayner is pushing to give 18–20-year-olds the full adult minimum wage, despite warnings from business leaders it could cost jobs amid rising employment taxes.

The price of gold could soar to $2,600 an ounce after reaching a new record, as traders increasingly anticipate that the US Federal Reserve will cut interest rates next month.

Gold futures hit record high as Trump imposes surprise tariffs on one-kilo gold bars

8 August 20258 August 2025 News Paul Jones 0 Comments

Gold futures surged to a record high on Friday following reports that the United States has imposed steep tariffs on imports of one-kilo gold bars, a move set to hit Switzerland’s multibillion-dollar bullion trade.

Gary Neville is known to most as a football legend – a stalwart of Manchester United and England, a leader on the pitch, and now a respected pundit. But away from football, Neville has built a reputation as one of the UK’s most thoughtful and ambitious entrepreneurs.

Gary Neville accuses Labour of making it harder for businesses to hire after £25bn tax hike

8 August 2025 News Jamie Young 0 Comments

Gary Neville has criticised Labour’s £25bn employer national insurance rise, warning it will deter hiring and hurt struggling UK businesses already facing rising costs.

High interest rates are continuing to hit demand in the property market as potential buyers pull back from purchases because of increased mortgage costs.

UK house prices record fastest monthly rise of 2025

8 August 2025 News Amy Ingham 0 Comments

House prices in the UK rose by 0.4% in July, the fastest monthly increase so far in 2025, according to Halifax. The data suggests the housing market is holding up better than expected despite stamp duty changes, stubborn inflation and affordability pressures, with mortgage approvals and sales volumes also rising.

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 opens $9tn US retirement market to crypto in landmark executive order

7 August 2025 News Jamie Young 0 Comments

Donald Trump signs executive order allowing crypto in US 401(k) retirement plans, opening up the $9tn market to digital assets and reshaping global pension strategies.

The governor of the Bank of England has acknowledged the challenges faced by policymakers due to unreliable data, expressing a desire for more accurate figures on the unemployment rate.

Bank of England cuts interest rates to 4% in historic two-round vote amid economic slowdown

7 August 2025 News Paul Jones 0 Comments

The Bank of England has cut interest rates to 4% in a historic two-round vote, citing rising unemployment and sluggish growth despite inflation climbing to 3.6%.

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Latest Content

The sports supplement maker Applied Nutrition has raised its annual sales and profit guidance for the third time this year, bringing the company founded by a former Liverpool scaffolder within touching distance of a £1 billion stock market valuation.

Applied Nutrition closes in on £1bn valuation after raising guidance for third time this year

Applied Nutrition, the sports supplement maker founded by former Liverpool scaffolder Tom Ryder, has upgraded its sales and profit guidance for the third time this year, with revenue expected to jump 50 per cent to £160 million and the group closing in on a £1 billion stock market valuation.

One of Britain’s oldest family firms to save £250,000 a year as energy scheme opens to forges

Burnham signals more energy bills support in budget as price cap rises 4 per cent

OnlyFans owner dividends topped $700m before his death

Business travel and meals on the go: one way to show your team you care

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

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