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Latest News:

  • PPE Medpro consortium signals willingness to settle as spotlight turns to government’s £85m missed resale opportunity
  • Google could be forced to change search operations in the UK
  • Landlords brand Starmer’s late-night pub plan a ‘waste of time’
  • LDC Top 50 Most Ambitious Business Leaders of 2025 revealed
  • £50m government boost for mental health research to deliver better treatments
  • Nigel Farage to meet Ineos tycoon Sir Jim Ratcliffe as Reform UK courts business leaders
  • Jack Dorsey launches bitcoin payment wallet to rival credit cards
  • Gemini orders new Siemens trains as Uber-backed start-up takes aim at Eurostar
  • Kemi Badenoch pledges to abolish stamp duty in surprise conference announcement
  • Manufacturing body welcomes JLR’s return to production but warns smaller suppliers face urgent liquidity support

Category: News

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

Chancellor Rachel Reeves has warned ministers that access to the Treasury’s emergency funding pot will be sharply curtailed in the run-up to the government’s first Budget this autumn.

Reeves clamps down on Treasury emergency funds ahead of November Budget

10 September 2025 News Amy Ingham 0 Comments

Chancellor Rachel Reeves has warned ministers that access to the Treasury’s emergency funding pot will be sharply curtailed in the run-up to the government’s first Budget this autumn.

Dragons’ Den investor Touker Suleyman has emerged as one of the leading contenders to acquire the UK arm of Claire’s out of administration, with a proposal understood to preserve the Birmingham head office and a significant proportion of the store estate.

Touker Suleyman joins race to rescue Claire’s UK as Modella and HMV owner circle

10 September 2025 Get Funded, News Jamie Young 0 Comments

Dragons’ Den investor Touker Suleyman is a leading contender to buy Claire’s UK out of administration, alongside Modella Capital and HMV owner Doug Putman. Interpath is running the sale.

A sweeping new round of tariffs from President Trump has sent shockwaves through global markets, wiping billions of euros off the value of major European carmakers and dealing a fresh blow to the UK’s automotive sector.

UK automotive sector drives £115bn trade five years after Brexit

10 September 2025 News Paul Jones 0 Comments

The UK’s automotive sector remains a £115bn global trading powerhouse five years after Brexit, with EV exports to Europe soaring 424%. But looming 2027 battery tariff rules could derail growth unless urgent action is taken.

The UK is set to get its first-ever “super-university” as the Universities of Kent and Greenwich prepare to merge from autumn 2026.

UK’s first ‘super-university’ to launch in 2026 as Kent and Greenwich merge

10 September 2025 News Paul Jones 0 Comments

The Universities of Kent and Greenwich will merge in 2026 to form the UK’s first regional ‘super-university’, spanning London and the South East.

Cefinn, the womenswear brand founded by Samantha Cameron, is to be wound down after years of losses, bringing an end to a label once worn by the Princess of Wales and Queen Camilla.

Samantha Cameron to wind down Cefinn after years of losses

10 September 2025 News Jamie Young 0 Comments

Cefinn, the womenswear label founded by Samantha Cameron and worn by the Princess of Wales and Queen Camilla, is to close after years of losses amid wholesale turmoil, rising costs and post-Brexit trading pressures.

Farmers across England say they feel “abandoned” as thousands of long-standing environmental land management contracts are due to expire at the end of the year, with no clear replacement in place.

UK Farmers feel ‘abandoned’ as thousands of Countryside Stewardship contracts end

9 September 20259 September 2025 News Jamie Young 0 Comments

More than 5,800 Countryside Stewardship agreements are set to end in December, leaving farmers warning of environmental damage and financial uncertainty as they await new government schemes.

Staff at HM Revenue and Customs (HMRC) have taken more than half a million sick days in each of the past three years, fuelling concerns over productivity and taxpayer service levels.

HMRC staff take 500,000 sick days a year as millions of taxpayer calls go unanswered

9 September 2025 News Jamie Young 0 Comments

HMRC staff took more than half a million sick days last year, new figures show, as the tax office also admitted four million calls from taxpayers are going unanswered annually.

Britain has recorded the steepest decline in hiring intentions of any major European economy, as employers struggle with the fallout from last autumn’s £26bn payroll tax raid and brace for another squeeze in the Chancellor’s November Budget.

UK suffers steepest hiring slump in Europe as Reeves’s tax raid bites

9 September 20259 September 2025 News Amy Ingham 0 Comments

Britain has recorded the sharpest fall in hiring intentions across Europe, with recruiters warning of a “tough outlook” as Rachel Reeves prepares another multi-billion-pound tax raid on employers.

British workers are taking more sick days than at any point in the past 15 years, with staff absent for the equivalent of nearly two working weeks on average over the past 12 months, new research shows.

UK sick days hit 15-year high as mental health drives long-term absences

9 September 2025 News Amy Ingham 0 Comments

British workers are taking more sick days than at any time in the past 15 years, with staff absent for nearly two weeks on average. Mental health is now the leading cause of long-term absence, CIPD research finds.

Tottenham Hotspur have moved to quash speculation over a potential sale, confirming they have rejected two preliminary takeover approaches — one from Amanda Staveley’s PCP International Finance and the other from a Chinese consortium.

Tottenham Hotspur reject takeover approaches from Amanda Staveley and Chinese consortium

8 September 2025 News Paul Jones 0 Comments

Tottenham Hotspur have confirmed they rejected preliminary takeover interest from Amanda Staveley’s PCP International Finance and a Chinese investor group, insisting majority shareholder Enic has “no intention” of selling.

Gold has surged to a fresh record high above $3,600 an ounce as investors increase bets that the US Federal Reserve will cut interest rates this month, fuelling demand for the traditional safe-haven asset.

Gold surges past $3,600 an ounce as investors bet on US rate cuts

8 September 2025 News Jamie Young 0 Comments

The gold price has climbed to a record $3,614 an ounce as investors anticipate a Federal Reserve rate cut and weigh uncertainty over US trade policy, inflation, and the dollar’s role in global markets.

London’s black cab industry has received its biggest ever investment as Sherbet, The Electric Taxi Co, secures up to £40 million in backing to scale its zero-emissions fleet and prepare for global expansion.

Sherbet secures record £40m investment to expand electric London black cab fleet

8 September 2025 Get Funded, News Jamie Young 0 Comments

Sherbet, the UK’s leading electric black taxi company, has raised up to £40m in the largest-ever investment in London’s licensed taxi trade, aiming to scale its fleet from 550 to 3,000 electric cabs and expand internationally.

Barclays has reported a 19 per cent rise in first-quarter profits, as market turmoil driven by Donald Trump’s return to the White House boosted trading revenues across its investment banking arm. The FTSE 100 lender posted pre-tax profits of £2.7 billion for the three months to the end of March, beating City forecasts of £2.5 billion. The performance was powered by a surge in revenues from Barclays’ markets division, which capitalised on investor reaction to sweeping policy changes by the Trump administration. Revenues in the markets business climbed 16 per cent year-on-year to nearly £2.7 billion, driven by a 21 per cent increase in fixed income, currencies and commodities trading, and a 9 per cent rise in equities. Activity soared as traders helped clients rapidly rebalance portfolios in response to new US trade and economic measures. The gains offset a rise in loan loss provisions across the group, which increased to £643 million from £513 million a year earlier. Barclays said this included a £74 million charge for “elevated US macroeconomic uncertainty”, reflecting the potential impact of Trump’s newly imposed global tariffs. The results mark a win for chief executive CS Venkatakrishnan, known as Venkat, who unveiled a three-year transformation plan in early 2023 to revive shareholder confidence and reposition the bank. His strategy includes rebalancing Barclays away from its historically volatile investment banking arm and bolstering its UK consumer and corporate businesses, alongside a commitment to return £10 billion to shareholders by the end of 2026. Investment banking fees also saw a strong uplift, rising 16 per cent to £1.2 billion from advising on takeovers, capital raises, and debt issuance. Despite the market gains, challenges remain for Barclays as it navigates a shifting global landscape. Trump’s new trade tariffs, including heavy levies on Chinese goods, pose risks to the global economy and could threaten growth in the UK and US — key markets for the bank. Venkat acknowledged the uncertain backdrop but struck an optimistic tone: “Our high quality, diversified businesses, together with proactive risk, capital and liquidity management and a robust balance sheet, position us well to support our customers and clients and deliver strong risk-adjusted returns in a wide range of macroeconomic scenarios.” Barclays shares have performed strongly since Venkat’s turnaround plan was announced last year, but ongoing geopolitical and economic volatility may test the resilience of his strategy in the months ahead.

Barclays faces complaint over alleged anti-Semitism at Leicester branch

7 September 2025 News Paul Jones 0 Comments

Barclays Bank has received a formal complaint from journalist Martin Blackham alleging anti-Semitism at its Leicester branch after his account was frozen, prompting calls for an urgent investigation.

Spending short periods of time shopping or browsing online during work hours is not a sackable offence, a UK judge has ruled in a case that awarded an employee more than £14,000 in compensation.

Online shopping at work not a sackable offence, tribunal rules

7 September 2025 Legal, News Amy Ingham 0 Comments

A UK employment tribunal has ruled that spending under an hour at work on personal browsing is not grounds for dismissal, awarding an accountancy administrator £14,000 for unfair dismissal after spyware was used to monitor her.

Labour ministers are weighing reforms to the European Convention on Human Rights (ECHR) as part of a rightward shift on migration aimed at halting Reform UK’s advance, with polls showing Nigel Farage’s party opening up a double-digit lead.

Labour weighs human rights reform as Mahmood shifts right on migration to counter Reform UK

7 September 2025 News Jamie Young 0 Comments

Home secretary Shabana Mahmood is considering reforms to the European Convention on Human Rights as Labour seeks to blunt Reform UK’s advance, with new asylum policies and returns deals also in play.

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Latest Content

PPE Medpro has been ordered to repay nearly £122 million to the Department of Health and Social Care (DHSC) after losing its High Court case over the supply of sterile gowns during the Covid-19 pandemic.

PPE Medpro consortium signals willingness to settle as spotlight turns to government’s £85m missed resale opportunity

Following a £122m High Court ruling, PPE Medpro’s consortium says it is willing to engage in settlement talks with administrators — as questions mount over the government’s refusal to resell £85m worth of gowns.

Government urged to get tough with EU over new steel tariffs

Google could be forced to change search operations in the UK

UK falling behind in AI adoption, warns Google Europe chief

Royal Mail and TikTok Shop join forces to boost small British businesses

Jack Fertility Secures £500k Pre-Seed Funding to Launch Home-to-Lab Test Kits and Redefine Male Reproductive Health

Royal Borough of Greenwich secures £5.8m to help residents facing barriers into work

Landlords brand Starmer’s late-night pub plan a ‘waste of time’

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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