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Latest News:

  • UK pension funds still “way off the pace” on backing Britain’s tech stars, warns Oxford science chief
  • Half of graduates would refuse a student loan today, treasury inquiry warns
  • Samsung chip workers pocket £300,000 windfalls as AI memory boom rewrites the rule book
  • Amazon’s UK tax bill tops £1.3bn as employer NI hike and £30bn sales drive the total higher
  • Gordon Brothers swoops on Radley as Poundland owner adds British handbag label to its turnaround portfolio
  • Altman backs away from AI ‘jobs apocalypse’ warnings as OpenAI chief admits he was ‘pretty wrong’
  • Long-term unemployment climbs to a decade high as Britain’s hiring engine stalls
  • Rayner urges Starmer to ban social media for under-16s as labour splits over Australian model
  • HMRC warns 700,000 umbrella workers over ‘bills of exchange’ tax avoidance scam
  • Goalhanger Ventures opens its chequebook to creator-led media with Invisible Media stake and Backyard Cricket deal

Category: News

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

barclays

Barclays fined record £1.5bn over forex fix but gains £1.5Bn market value

21 May 2015 News Business Matters 0 Comments

Six of the world’s largest investment banks, including Barclays and Royal Bank of Scotland, have been fined about $5.7 billion by US regulators in the second and final major settlement with the industry over the foreign exchange markets manipulation scandal.

bernie-ecclestone

Ecclestone faces £1Bn U.K. tax bill over family trust

21 May 2015 News Business Matters 0 Comments

Bernie Ecclestone, the head of Formula One auto racing, faces a 1 billion-pound bill from HMRC in a long-running dispute over a family trust.

contract-electronics-manufacturer

Manufacturing exports are strengthening say the CBI

21 May 2015 News Business Matters 0 Comments

The manufacturing sector expanded again in May, as export orders improved, according to the CBI Industrial Trends Survey.

paid-invoice

Late payment message getting home as invoices are being paid faster

21 May 2015 News Business Matters 0 Comments

Companies settled overdue invoices a day quicker in the last tax year with the North West and food retailing industry showed the greatest improvement in payment performance

imps

Leading motorcycle charity saved from closure by leading entrepreneurs

20 May 20158 June 2023 News Business Matters 0 Comments

Two leading entrepreneurs Jamie Waller and Graham Dodridge have stepped in to save motorcycle charity The Imps from extinction after 45 years.

kpmg-fashion

KPMG Enterprise helps support UK fashion designers

20 May 201520 May 2015 Get Funded, News Business Matters 0 Comments

Following the announcement of the recent alliance between KPMG Enterprise and the British Fashion Council (BFC), young designers and entrepreneurs from across the UK have utilised the knowledge and expertise of the newly formed small business accounting service.

zoopla-bm

Zoopla revenues rise as it seeks to fend off new rival OntheMarket

20 May 201520 May 2015 Get Funded, News Business Matters 0 Comments

Property portal Zoopla has seen a 10 per cent rise in revenues despite losing nearly a quarter of its estate agency advertisers after the launch of a rival home-selling website earlier this year.

tax

New Conciliation Service will do little to solve late payment problem

20 May 20159 September 2018 News Business Matters 0 Comments

Whilst the Secretary of State for Business Sajid Javid confirmed the creation of a Small Business Conciliation Service to help settle disputes between small and large businesses, especially over late payment practices many fear that this will help such a minority of businesses it is too small a help. 

holding-letter

Calls for UK Government to demand emergency interim EU VAT suspension

20 May 2015 News Business Matters 0 Comments

The EU VAT Action group, supported by Business Matters, has called upon all business who are members of trade associations to call for them to support the call for an immediate interim ESC to remove the burden of the new EU-wide rules from micro businesses.

hmrc

HMRC targets fast growing businesses for risk assessment

20 May 2015 News Business Matters 0 Comments

HMRC estimates that nearly half of the £34bn tax gap is due to small and mid-sized business non-compliance

swansea-marina

Swansea rebranded ‘city of innovation’ to boost inward investment

20 May 2015 News Business Matters 0 Comments

The welsh city of Swansea is being rebranded as a ‘city of innovation’ under a new branding initiative aimed at attracting a new wave of investment into the whole region, while supporting indigenous entrepreneurs to maximise their commercial potential.

sir-mike-rake-cbi

CBI President calls for business to turn volume up in EU debate

20 May 2015 News Business Matters 0 Comments

Businesses must speak out early in favour of remaining within a reformed European Union, CBI President Sir Mike Rake will say tonight at the CBI’s flagship Annual Dinner.

alone-businessman

UK employees beat rest of Europe for watching adult content at work

20 May 2015 News Business Matters 0 Comments

One in ten admits to viewing adult content at work, higher than France and Germany, research finds.

terminal5-heathrow

UK Business comes together to call for Heathrow expansion

20 May 2015 News Business Matters 1 Comment

Small Businesses across the whole of the country have come out in support of Heathrow expansion, suggesting it will boost the UK economy.

shutterstock_211020142

UK open data startups eligible for €100k equity free funding

19 May 201527 March 2022 Get Funded, News Business Matters 1 Comment

The new, EU funded, Open Data Incubator for Europe (ODInE) is today calling out to startups across the UK and Europe, to apply for a place on its new programme with the chance to secure up to €100k grant funding.

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Latest Content

Oxford Science Enterprises chief Ed Bussey says UK pension funds are "missing in action" as British tech firms rely on overseas backers, particularly US capital, for up to 80% of their funding.

UK pension funds still “way off the pace” on backing Britain’s tech stars, warns Oxford science chief

Oxford Science Enterprises chief Ed Bussey says UK pension funds are “missing in action” as British tech firms rely on overseas backers, particularly US capital, for up to 80% of their funding.

Half of graduates would refuse a student loan today, treasury inquiry warns

Samsung chip workers pocket £300,000 windfalls as AI memory boom rewrites the rule book

Amazon’s UK tax bill tops £1.3bn as employer NI hike and £30bn sales drive the total higher

Gordon Brothers swoops on Radley as Poundland owner adds British handbag label to its turnaround portfolio

ISA shake-up risks unwinding a decade of simplification, warns Charles Stanley

The business benefits of investing in better packaging

Altman backs away from AI ‘jobs apocalypse’ warnings as OpenAI chief admits he was ‘pretty wrong’

Utilities

Energy savings

Business Energy Claims recovers £25,000 for UK chocolatier

Energy saving

Manufacturing company recovers thousands from mis-sold energy contracts

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