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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

Over 400 pubs across England and Wales have closed in 2024, pushing the total below 39,000. Rising costs, looming tax hikes, and diminished rates relief threaten even more closures in the coming year.

Tax pubs on profit, not turnover, says Greene King boss as industry battles mounting closures

14 July 2025 News Amy Ingham 0 Comments

Greene King CEO calls for pubs to be taxed on profit rather than turnover, blaming unfair business rates for widespread closures and a £147m annual loss.

tata steel

Tata Steel breaks ground on Port Talbot’s electric arc furnace with £500m in government backing

14 July 2025 News Jamie Young 0 Comments

Tata Steel has begun building its electric arc furnace in Port Talbot, backed by a £500m government grant. The project secures 5,000 jobs and cuts emissions by 90%.

BT has warned that outdated planning regulations and a lack of available spectrum are holding back Britain’s 5G ambitions—jeopardising an estimated £230 billion boost to the UK economy by 2035.

BT says UK planning barriers risk £230bn economic windfall from 5G

14 July 2025 News Jamie Young 0 Comments

BT says outdated planning rules and limited spectrum are slowing the UK’s 5G rollout and could cost the economy £230bn by 2035 unless urgent action is taken.

For the first time in its history, the Federation of Small Businesses (FSB) has reported that more UK small firms expect to shrink, sell up or shut down over the next 12 months than anticipate growth—a worrying signal for the wider economy.

More small firms expect to shrink than grow, warns FSB

13 July 2025 News Amy Ingham 0 Comments

Small business confidence hits new low as more firms predict decline than growth

Pod Point, one of the UK’s early pioneers in electric vehicle charging, has been acquired by French energy giant EDF for just £10.3 million, marking a dramatic fall from its £352 million valuation when it floated on the London Stock Exchange in 2021.

UK government launches £2.5bn DRIVE35 strategy to supercharge zero-emission auto manufacturing securing thousands of British jobs

13 July 202513 July 2025 News Jamie Young 0 Comments

The UK government’s £2.5 billion DRIVE35 programme marks the biggest commitment to automotive transformation in a decade, aiming to put the country at the forefront of zero-emission vehicle manufacturing. 

Nearly two-thirds of England’s largest solar farms have been built on productive agricultural land, with a third of their area sited on the nation’s most valuable farmland, according to a damning new report from countryside charity CPRE.

Mega solar farms built on England’s best farmland, CPRE warns

13 July 2025 News Jamie Young 0 Comments

Nearly two-thirds of England’s largest solar farms have been built on productive agricultural land, with a third of their area sited on the nation’s most valuable farmland, according to a damning new report from countryside charity CPRE.

Commuters at London Liverpool Street

One in six UK workers struggling to pay bills as second jobs hit record high

12 July 2025 News Jamie Young 0 Comments

One in six UK workers is now struggling to pay their bills at the end of every month, according to a major new study that lays bare the ongoing impact of the cost of living crisis — even as inflation cools and real wages begin to rise.

The UK government has refused to criticise Donald Trump’s decision to impose 25 per cent tariffs on British steel exports, despite mounting concerns from industry leaders that the move will severely damage the sector.

UK government considers rescue deal for Speciality Steel amid fears of collapse

11 July 2025 News Jamie Young 0 Comments

The UK government is exploring emergency options to save Speciality Steel UK (SSUK), a major South Yorkshire steelmaker employing more than 1,400 people, as fears mount it could collapse into administration following a critical court hearing next week.

The UK faces an eye-watering debt interest bill of nearly £600 billion over the next five years, according to the Office for Budget Responsibility (OBR), as the government contends with soaring borrowing costs, weak economic growth, and mounting fiscal pressure.

UK economy shrinks again in May, fuelling fears of faltering recovery

11 July 2025 News Jamie Young 0 Comments

The UK economy shrank for the second consecutive month in May, in an early setback for new Chancellor Rachel Reeves and a sign that the fragile recovery may be stalling.

MPs have raised serious concerns that the UK could “compromise the integrity” of its financial markets by watering down listing rules to accommodate controversial fast-fashion giant Shein.

MPs warn UK must not weaken listing rules for Shein amid human rights concerns

11 July 2025 News Jamie Young 0 Comments

MPs have raised serious concerns that the UK could “compromise the integrity” of its financial markets by watering down listing rules to accommodate controversial fast-fashion giant Shein.

The second day of the £122 million High Court showdown between PPE Medpro and the Department of Health and Social Care (DHSC) saw intense cross-examination of two key civil servants, exposing contradictions, confusion, and admissions of oversight within the government’s emergency PPE procurement process.

PPE Medpro trial ends with defence accusing DHSC of ‘bad claim’ and pandemic scapegoating

11 July 2025 News Paul Jones 0 Comments

The £122m PPE Medpro trial concluded with the defence calling the government’s case a “bad claim” and urging the court not to favour DHSC’s flawed assumptions. A verdict is expected before October.

Sandbanks, long considered Britain’s most exclusive coastal enclave, is facing a sharp slowdown in demand as punitive tax changes under both the Conservative and Labour governments send high-net-worth buyers fleeing to tax-friendlier destinations abroad.

Sandbanks bubble bursts as buyers flee Labour’s ‘tax bombs’ for sunnier shores

11 July 2025 News Paul Jones 0 Comments

Sandbanks, long considered Britain’s most exclusive coastal enclave, is facing a sharp slowdown in demand as punitive tax changes under both the Conservative and Labour governments send high-net-worth buyers fleeing to tax-friendlier destinations abroad.

Poundland, one of Britain’s best-known discount retailers, has been sold for a nominal sum of £1 as part of a last-ditch rescue deal that could see up to 200 of its 800 stores shuttered and thousands of jobs put at risk.

Poundland faces stock shortages as big brands tighten terms following £1 sale

11 July 2025 News Jamie Young 0 Comments

Poundland is battling to keep shelves stocked after major consumer goods suppliers including Nestlé and Procter & Gamble reportedly tightened credit terms in response to mounting concerns over the retailer’s financial stability.

Four young people, including a 17-year-old boy and a 20-year-old woman, have been arrested in a major cybercrime investigation linked to high-profile attacks on Marks & Spencer, the Co-op and Harrods.

British teens arrested over £300m Marks & Spencer hacking spree

10 July 2025 News Paul Jones 0 Comments

Four young people, including a 17-year-old boy and a 20-year-old woman, have been arrested in a major cybercrime investigation linked to high-profile attacks on Marks & Spencer, the Co-op and Harrods.

Labour is unveiling plans to invest in building floating wind farms off Britain's coast as part of its strategy to enhance the country's energy security and reduce reliance on foreign energy sources.

UK government scraps ‘zonal pricing’ for energy in favour of single national rate

10 July 2025 News Jamie Young 0 Comments

The UK government has officially dropped controversial plans to introduce “zonal pricing” for electricity, following two years of consultation and intense debate across the energy sector.

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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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