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Latest News:

  • UK taxpayers to pay former Post Office workers up to £1bn compensation
  • Small business expansion held back by rising costs
  • One in five young workers resign over parental leave
  • Staycations mean boom for country house hotels
  • Tax increases are essential to improve social care, says Raab
  • Online safety bill ‘ignores some types of child abuse’
  • Britishvolt gets £100m boost to build UK’s first large-scale ‘gigafactory’
  • Get back into the office, bankers and accountants are told
  • Company controlled by Prince Andrew is £200,000 in debt
  • Rogue waste firms tackled in fly-tipping crackdown
UK taxpayers could have to pay as much as £1bn in compensation to former Post Office workers wrongly convicted of theft due to the defective Horizon IT system.

UK taxpayers to pay former Post Office workers up to £1bn compensation

UK taxpayers could have to pay as much as £1bn in compensation to former Post Office workers wrongly convicted of theft due to the defective Horizon IT system.

Business Fraud

Working from home blamed for fraud increase

More than eight in ten mid-sized businesses in the UK experienced fraud in 2021, up from 60 per cent the year before, research has found.

Ambition to grow has exceeded pre-pandemic levels among small businesses but they are being held back by rising costs, skills shortages and a lack of access to finance, a survey has found.

Small business expansion held back by rising costs

Ambition to grow has exceeded pre-pandemic levels among small businesses but they are being held back by rising costs, skills shortages and a lack of access to finance, a survey has found.

Poor parental leave policies have led one in five younger workers to quit their job, a survey has found.

One in five young workers resign over parental leave

Poor parental leave policies have led one in five younger workers to quit their job, a survey has found.

Staycations mean boom for country house hotels

Staycations mean boom for country house hotels

Investors seeking to benefit from the UK holiday market are snapping up British country house hotels with £600 million worth of independent UK hotels changing hands last year.

The deputy prime minister has defended the planned rise in national insurance contributions in April, despite criticism from senior backbenchers.

Tax increases are essential to improve social care, says Raab

The deputy prime minister has defended the planned rise in national insurance contributions in April, despite criticism from senior backbenchers.

The government’s plans for regulating social media platforms need to be urgently changed to prevent predators sharing the most “insidious” images of child abuse and violence against women and girls, MPs have said.

Online safety bill ‘ignores some types of child abuse’

The government’s plans for regulating social media platforms need to be urgently changed to prevent predators sharing the most “insidious” images of child abuse and violence against women and girls, MPs have said.

Roulette

Don’t be seduced by casino giveaways – the smart money is on live games

After almost two years of closures and restrictions, real world casinos are back to something very close to normal, with table games reopened and capacity limits back where they were in 2019.

How To Protect Your Commercial Property From Security Threats

No property is immune to security threats. And there’s always a possibility that the bad guys will target a commercial space, regardless of the industry or size.

  1. UK taxpayers to pay former Post Office workers up to £1bn compensation
  2. Working from home blamed for fraud increase
  3. Small business expansion held back by rising costs
  4. One in five young workers resign over parental leave
  5. Staycations mean boom for country house hotels
  6. Tax increases are essential to improve social care, says Raab
  7. Online safety bill ‘ignores some types of child abuse’
  8. Don’t be seduced by casino giveaways – the smart money is on live games
  9. How To Protect Your Commercial Property From Security Threats

Latest News…

UK taxpayers could have to pay as much as £1bn in compensation to former Post Office workers wrongly convicted of theft due to the defective Horizon IT system.

UK taxpayers to pay former Post Office workers up to £1bn compensation

UK taxpayers could have to pay as much as £1bn in compensation to former Post Office workers wrongly convicted of theft due to the defective Horizon IT system.

Ambition to grow has exceeded pre-pandemic levels among small businesses but they are being held back by rising costs, skills shortages and a lack of access to finance, a survey has found.

Small business expansion held back by rising costs

Ambition to grow has exceeded pre-pandemic levels among small businesses but they are being held back by rising costs, skills shortages and a lack of access to finance, a survey has found.

Poor parental leave policies have led one in five younger workers to quit their job, a survey has found.

One in five young workers resign over parental leave

Poor parental leave policies have led one in five younger workers to quit their job, a survey has found.

Staycations mean boom for country house hotels

Staycations mean boom for country house hotels

Investors seeking to benefit from the UK holiday market are snapping up British country house hotels with £600 million worth of independent UK hotels changing hands last year.

The deputy prime minister has defended the planned rise in national insurance contributions in April, despite criticism from senior backbenchers.

Tax increases are essential to improve social care, says Raab

The deputy prime minister has defended the planned rise in national insurance contributions in April, despite criticism from senior backbenchers.

The government’s plans for regulating social media platforms need to be urgently changed to prevent predators sharing the most “insidious” images of child abuse and violence against women and girls, MPs have said.

Online safety bill ‘ignores some types of child abuse’

The government’s plans for regulating social media platforms need to be urgently changed to prevent predators sharing the most “insidious” images of child abuse and violence against women and girls, MPs have said.

The UK government will invest £100m in Britishvolt as the car battery manufacturing startup seeks to build Britain’s first large-scale “gigafactory” in the north-east of England.

Britishvolt gets £100m boost to build UK’s first large-scale ‘gigafactory’

The UK government will invest £100m in Britishvolt as the car battery manufacturing startup seeks to build Britain’s first large-scale “gigafactory” in the north-east of England.

Get back into the office, bankers and accountants are told

Get back into the office, bankers and accountants are told

Bankers and accountants are among those being summoned back to their offices after the government scrapped its work-from-home guidance in England with immediate effect.

A company controlled by the Duke of York and used to manage his investments is more than £200,000 in debt, according to newly filed accounts.

Company controlled by Prince Andrew is £200,000 in debt

A company controlled by the Duke of York and used to manage his investments is more than £200,000 in debt, according to newly filed accounts.

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Business

Business Fraud

Working from home blamed for fraud increase

More than eight in ten mid-sized businesses in the UK experienced fraud in 2021, up from 60 per cent the year before, research has found.

Julie Lock | Advanced | Burnout

Burnout: the challenges of managing absenteeism in a hybrid world

Burnout amongst your team may well be a very real issue after two years of a global pandemic. Julia Lock, HCM Commercial Director at Advanced about this …

gordon ramsay shouting

Bullying culture ‘thrives in Michelin-starred kitchens’

The kitchens of Michelin-starred restaurants too often descend into alternative “moral universes” where bullies and bad behaviour thrive, a study has suggested.

Female bosses

New year, new glass ceiling: Women four times more likely to feel stagnant in their career since working from home

Research reveals more women are moving companies to swerve career limitations. Experts advise how to navigate feeling stuck in your job and progress upwards in your career.

team

The new normal of a four day working week: How does it actually work?

The pandemic has changed the work structure and expectations for many businesses with many people now working from home; this has come with a mass of challenges and opportunities as this new way of working is reviewed and evaluated to create ‘new normals’.

Amazon platform

Online marketplaces expected to grow by 15% annually and match direct eCommerce spend by 2025

The unstoppable rise of the online marketplace model – operated by the likes of Amazon, Expedia and eBay – is driving the largest fundamental shift in consumer spending since the emergence of eCommerce in the 1990s.

6 key themes all business leaders need to address in 2022

Nick Gold, MD of Speakers Corner shares his key ways to create opportunities and engage your staff in 2022 …

Profiled…

Alex Ramamurthy

Getting To Know You: Alex Ramamurthy, CEO, Mirthy

Alex Ramamurthy tells Business Matters about why he co-founded retirement platform Mirthy and why you should ask for forgiveness, not for permission in business 

Alistair King. NOOD. Updated

Getting To Know You: Alistair King, Co-Founder, NOOD

We talk to Alistair King the co-founder of New Zealand pet food brand NOOD who have just launched their premium product range exclusively at Tesco.

Marketing & Social Media

Social media stars including Jodie Marsh and five ex-Love Islanders including Francesca Allen are to be subjected to a name and shame Instagram campaign by the UK’s advertising watchdog for continuing to flout social media marketing rules.

Love Islanders to be named and shamed for not declaring paid-for posts

google search engine

Fossil fuel firms among biggest spenders on Google ads that look like search results

social media potential

Tech giants crack down on adverts for financial scams

Newswire

tik tok

TikTok ousts Google to become favourite online destination

Business Matters
  • Customs Crunch – How this startup plans to take the friction out of brexit
  • EU stimulus package announced offers new confidence for investors
  • Struggling TSB set to close 100 branches and axe staff
  • FTSE 100 outperforms European counterparts as oil and tobacco stocks gain

Get Funded

London-based edtech company MyTutor has acquired Fire Tech, a training platform that teaches children technology skills such as coding.

MyTutor acquires Fire Tech to add coding classes to edtech platform

London-based edtech company MyTutor has acquired Fire Tech, a training platform that teaches children technology skills such as coding.

British autonomous vehicle startup Wayve has raised $200m (£147m) in a funding round backed by Microsoft and Virgin.

Autonomous vehicle startup Wayve raises $200m in Microsoft-backed round

British autonomous vehicle startup Wayve has raised $200m (£147m) in a funding round backed by Microsoft and Virgin.

London-based contract automation platform Juro has raised $23m (£16.9m) in a Series B funding round. The funding was led by Eight Roads, a global venture capital fund that has previously invested in Alibaba, Cazoo and Appsflyer.

Legal tech startup Juro raises $23m for US and European expansion

London-based contract automation platform Juro has raised $23m (£16.9m) in a Series B funding round. The funding was led by Eight Roads, a global venture capital fund that has previously invested in Alibaba, Cazoo and Appsflyer.

Darren Westlake and Luke Lang - cofounders Crowdcube (6) (web)

Crowdcube faces financial watchdog probe over failed fast-food firm

Crowdfunding platform Crowdcube faces a slew of investigations from a financial watchdog after a group of investors say it failed to verify a company’s business plans resulting in them losing thousands of pounds.

The New York Times has agreed to buy subscription-based sports site the Athletic for $550m (£400m) in cash, as the 170-year-old newspaper adds more digital content to grab subscribers.

New York Times to buy subscription sports site the Athletic for $550m

The New York Times has agreed to buy subscription-based sports site the Athletic for $550m (£400m) in cash, as the 170-year-old newspaper adds more digital content to grab subscribers.

Gousto

Gousto delivers up £150M of new funding valuing meal delivery giant at $1.7BN

Gousto, the UK meal-box subscription service, has raised $100 million from SoftBank’s Vision Fund 2 and $50 million in new debt capital from HSBC and Barclays.

The former Formula One team owner Eddie Jordan is part of a consortium considering making a £3bn offer for Playtech, as the London-listed gambling software supplier becomes the focus of a potential bidding war.

Jordan set for pole position in race to take over Playtech

An Australian gambling group bidding for gambling technology company Playtech could lose pole position after a consortium involving the former Formula One tycoon Eddie Jordan was given more time to come up with a £3 billion counterbid.

Elizabeth Holmes, founder of Theranos, has been found guilty on four of 11 charges of fraud, concluding a high profile trial that captivated Silicon Valley and chronicled the missteps of the now-defunct blood testing startup.

Jury finds Theranos Elizabeth Holmes founder guilty on four fraud counts

Elizabeth Holmes, founder of Theranos, has been found guilty on four of 11 charges of fraud, concluding a high profile trial that captivated Silicon Valley and chronicled the missteps of the now-defunct blood testing startup.

Why you need a financial model – shape up for investment in 2022

From financial models to pitch decks, preparation is key for investment, be sure to read all of this, tick off the check list and be prepared

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Legal

New research has revealed that Data Subject Access Requests (DSARs) are costing individual UK businesses between £72,000 - £336,000 each year.

Data requests cost individual UK businesses up to £336,000 per year

New research has revealed that Data Subject Access Requests (DSARs) are costing individual UK businesses between £72,000 – £336,000 each year.

Privacy

Compensation and the ‘law of everything’: why data protection isn’t the new PPI

Data protection is seldom out of the headlines these days. Whether its massive data breaches involving multinational companies, members of the royal family suing national newspapers.

A consultation on the Government’s proposals to give all employees the right to request flexible working from day one has been launched.

Flexible working requests: what do the proposed changes mean for employers?

A consultation on the Government’s proposals to give all employees the right to request flexible working from day one has been launched.

Ring doorbell

Could your smart doorbell cost you more than you think? The GDPR at your home

This week, a judge at Oxford County Court handed down what is believed to be the first judgment of its kind in the UK relating to the use of the ‘Ring’ doorbell, a popular smart doorbell system that is sold by Amazon.

Milka

Mondelez threatens trademark battle over bar’s lilac packaging

A multinational confectionery company has threatened legal action against a London vegan snack maker over the colour of one of its fruit bars.

Office workers

Ministers to give workers immediate right to request flexible working

Employees of all companies will be able to request flexible working arrangements when they start new jobs under proposals to be published by ministers.

remote working

Could the Employment Bill pose a risk to businesses?

With the Employment Bill back in the limelight, Amanda Badley, head of employment at BHW Solicitors urges employers to find a synergy between business need vs business want.

Returning to work

Back to work this month? Employers’ risks and responsibilities

Natasha Forman and Francesca Lopez are Senior Associates in the Employment Team at Kingsley Napley LLP offer five key areas employers need to consider about a hybrid working policy:

SDLT

Stamp duty land tax: claiming multiple dwellings relief before physical works begin

A tribunal case decision released in July 2021 held that multiple dwellings relief was not available in two lead appeals where developers had bought sites for new homes.

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Made in Britain

The Personal Barber

Made in Britain: Shaving subscription box, The Personal Barber

Bradley St John Jones talks to us about his company, The Personal Barber, a shaving subscription box service.

Capdesk founder

Made in Britain: Equity management firm, Capdesk

Christian Gabriel, founder of equity management company Capdesk, discusses the journey of his company and his secrets to success.

Rest Less

Made in Britain: Digital community platform, Rest Less

We sat down with Sara, CTO of digital community platform Rest Less, to learn about her experience of building a business from scratch.  

No Guilt Bakes

Made in Britain: Online bakery brand, No Guilt Bakes

Maya Harruna and Taeya Abdel-Majeed explain the journey behind their guilt-free online bakery brand, No Guilt Bakes. 

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Opinion

As we enter a new year, I want to talk about the importance of balance, perspective, support and productivity and I'm here to make the case that family must come first in business. Hear me out.

Why family must come first in business

Lowering VAT on fuel bills won’t work for the poorest

3 Key tech priorities for financial services business leaders in 2022

Technology

Amazon’s first clothing store will use artificial intelligence to understand a customer’s preferences and recommend a suitable outfit.

Amazon is opening its first Style boutique — a physical fashion store with a difference

Amazon platform

Online marketplaces expected to grow by 15% annually and match direct eCommerce spend by 2025

Facebook parent company Meta has been ordered by the UK competition watchdog to sell the gif creation website Giphy.

British Facebook users may be handed £50 each after landmark legal action

Business

Roulette

Don’t be seduced by casino giveaways – the smart money is on live games

After almost two years of closures and restrictions, real world casinos are back to something very close to normal, with table games reopened and capacity limits back where they were in 2019.

Business Champion Awards

Business Champion Presentations

Get over your fear and be confident making business presentations

Presentations giving you palpitations? Don’t let fear hold your business back from being rewarded for its success.

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Tel: 020 7148 3861

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