Pub landlords have criticised Sir Keir Starmer’s plan to extend opening hours, warning it will raise costs and fail to revive Britain’s pub trade, which is struggling with higher taxes, energy prices and changing drinking habits.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
LDC Top 50 Most Ambitious Business Leaders of 2025 revealed
The LDC Top 50 2025 celebrates the UK’s most ambitious entrepreneurs, with Mark Fitzgerald of CTR Group named overall winner and standout business leaders recognised for innovation, impact, sustainability and resilience across the UK.
£50m government boost for mental health research to deliver better treatments
The government has announced up to £50 million to accelerate mental health research, putting people with lived experience at the centre of innovation to develop more effective treatments and strengthen the UK’s life sciences sector.
Nigel Farage to meet Ineos tycoon Sir Jim Ratcliffe as Reform UK courts business leaders
Reform UK leader Nigel Farage is set to meet Ineos billionaire Sir Jim Ratcliffe before Christmas as he steps up efforts to win over business figures critical of Britain’s clean energy, tax and industrial policies.
Jack Dorsey launches bitcoin payment wallet to rival credit cards
Block CEO Jack Dorsey has launched a bitcoin wallet for retailers using Square, allowing small businesses to auto-convert up to half their daily sales into cryptocurrency with no fees until 2027.
Gemini orders new Siemens trains as Uber-backed start-up takes aim at Eurostar
Uber-backed start-up Gemini Trains has ordered ten new Siemens Velaro Novo high-speed trains as it gears up to rival Eurostar on cross-Channel routes to Paris, Brussels and Cologne — with services expected to launch later this decade.
Kemi Badenoch pledges to abolish stamp duty in surprise conference announcement
Kemi Badenoch has pledged to abolish stamp duty as part of her new “golden rule” for public finances, promising to fund tax cuts and reduce the deficit through £47bn in savings while reigniting Britain’s housing market.
Manufacturing body welcomes JLR’s return to production but warns smaller suppliers face urgent liquidity support
The Confederation of British Metalforming has welcomed JLR’s staged production restart and supplier funding scheme but warned that smaller manufacturers still face severe liquidity pressures, urging banks and government to act quickly to protect UK automotive supply chains.
Kemi Badenoch to unveil ‘golden rule’ and totemic tax cut in Conservative conference speech
Kemi Badenoch will announce a ‘golden rule’ for public spending and unveil a flagship tax cut in her Conservative conference speech, aiming to put the economy at the centre of her leadership and boost the party’s growth message.
JPMorgan Chase named world’s most AI-advanced bank for third consecutive year
JPMorgan Chase has been named the world’s most AI-advanced bank for a third year running, leading the 2025 Evident AI Index. UK lenders HSBC and Lloyds improved their positions but continue to trail US rivals on AI talent.
Revolut co-founder Nik Storonsky shifts residency from UK to Dubai
Revolut co-founder Nik Storonsky has moved his residency from the UK to Dubai, according to Companies House filings. The billionaire CEO’s shift comes weeks after pledging a £3bn UK investment and opening Revolut’s new London HQ.
FCA unveils £9bn compensation scheme for car finance scandal victims
The FCA has unveiled plans for a £9bn compensation scheme covering 14 million car finance deals mis-sold through discretionary commission arrangements. Average payouts are expected to be £700 per driver, with redress starting next year.
Asahi restarts beer production after cyber-attack disrupts Japanese breweries
Asahi has resumed beer production at all six of its Japanese breweries after a major cyber-attack forced shutdowns, disrupting supplies of Asahi Super Dry and other drinks to retailers including 7-Eleven and FamilyMart.
DPD faces disruption as drivers take action over pay cuts to small parcel deliveries
DPD drivers have begun three days of action after the delivery firm cut payments for small parcels by 65p, a move that could cost some self-employed drivers more than £6,500 a year.
OpenAI strikes multibillion-dollar deal with AMD in challenge to Nvidia’s AI chip dominance
ChatGPT maker OpenAI has signed a multibillion-dollar deal with AMD to buy 6GW of AI processors over five years, in a move set to challenge Nvidia’s supremacy and reshape the global AI chip race.