Business News

Government targets large firms in crackdown on late payments to small businesses

The UK government is set to introduce new measures aimed at tackling late payments by large firms to small businesses, an issue that contributes to the collapse of 50,000 SMEs every year. Read more: Government targets large firms in crackdown on la...

Powered by

Tax incentives and finance access top SMEs’ priorities ahead of autumn budget

As the autumn budget looms, tax incentives and improved access to finance have emerged as key demands from UK SMEs, according to new research from Bibby Financial Services (BFS). Read more: Tax incentives and finance access top SMEs’ priorities a...

Powered by

‘Significant action’ needed to stabilise UK finances, warns OECD

The OECD has warned Chancellor Rachel Reeves of the need for significant fiscal reform to stabilise the UK's public finances, suggesting tax reforms, changes to pensions, and increased public investment ahead of her first budget in October. Read mor...

Powered by

Asda co-owner Mohsin Issa steps back as Lord Rose takes temporary charge

Asda co-owner Mohsin Issa steps back from daily operations to focus on his role at EG Group, as the supermarket struggles with falling market share and awaits a permanent chief executive. Read more: Asda co-owner Mohsin Issa steps back as Lord Rose...

Powered by

Call to Reinstate VAT-Free Shopping to Support UK Fashion Industry

The UK fashion industry calls for the government to bring back VAT-free shopping for tourists, helping boost the economy and remain competitive globally. Read more: Call to Reinstate VAT-Free Shopping to Support UK Fashion Industry ...

Powered by

Over One-Third of Women Believe They Receive Unequal Pay, Survey Finds

New survey shows 36% of women believe they are paid less than men in their organisation, ahead of International Equal Pay Day on 18th September. Read more: Over One-Third of Women Believe They Receive Unequal Pay, Survey Finds ...

Powered by

BlackRock and Microsoft to Launch $100bn AI Infrastructure Fund

BlackRock and Microsoft team up to launch a $100bn AI infrastructure fund, focusing on data centres and energy infrastructure to support the booming AI sector. Read more: BlackRock and Microsoft to Launch $100bn AI Infrastructure Fund ...

Powered by

UK Retailers Enjoy 40% Boost in Summer Sales as Price Cuts Drive Demand

UK retailers see a 40% rise in summer sales, with £40 million in products sold as price cuts attract shoppers amid inflation easing and rising consumer confidence. Read more: UK Retailers Enjoy 40% Boost in Summer Sales as Price Cuts Drive Demand ...

Powered by

UK Inflation Holds Steady at 2.2%, Core Inflation Rises

UK inflation remained at 2.2% in August, while core inflation rose to 3.6%. The Bank of England is expected to hold interest rates steady at 5% in its next decision. Read more: UK Inflation Holds Steady at 2.2%, Core Inflation Rises ...

Powered by

Labour Ministers Ease Up on Enforcing Three-Day Office Week for Civil Servants

Labour ministers are adopting a relaxed approach to enforcing office attendance for civil servants, prioritizing flexible working over mandatory office hours. Read more: Labour Ministers Ease Up on Enforcing Three-Day Office Week for Civil Servants...

Powered by