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Latest News:

  • Bank of England governor urges UK to rebuild EU trade ties as key summit looms
  • John Lewis to open more cafés and restaurants to boost footfall
  • British Airways owner IAG splashes out $23bn on new planes despite US trade war fears
  • Trump announces UK-US trade deal on VE Day anniversary, cutting car tariffs and hailing ‘historic’ partnership
  • Drought conditions already hitting UK crop production, farmers say
  • British Steel to recruit 180 workers after government rescue secures future
  • Bank of England cuts interest rates to 4.25% amid global trade tensions and slowing growth
  • Trump set to announce major UK-US trade deal amid global tariff fallout
  • Record 299,000 tax returns filed in first week of new tax year, says HMRC
  • Amazon unveils ‘leap forward’ in robotics with Vulcan, a robot that can feel

In Business

Advice on growing your small and medium sized business, SME, in the UK. Hiring and managing staff and finance plus marketing all on one website

Big Issue Invest (BII) has called for applications from social ventures and charities across England from its new £15M Impact Loans England programme.

Charity services at risk as rising staff costs hit support for vulnerable

9 May 2025 In Business Jamie Young Be the first to comment

Vulnerable beneficiaries are being left without essential support as charities across the UK are forced to scale back services or halt expansion plans due to surging operational costs, according to leading audit, tax and business advisory firm Blick Rothenberg.

More than £18 million has been raised for grassroots sport across the UK since 2018, thanks to a trailblazing partnership between Crowdfunder and Sport England — a milestone celebrated last week at a special event in the House of Commons.

Over £18M raised: How Crowdfunder and Sport England are shaping the future of community sports funding through matched crowdfunding

9 May 2025 Get Funded, In Business Paul Jones Be the first to comment

Crowdfunder and Sport England have raised over £18 million for grassroots sports through matched crowdfunding, marking a major shift in how community clubs secure vital funding.

https://bmmagazine.co.uk/news/mulberry-chief-calls-for-tourist-tax-to-be-scrapped-as-london-brands-suffering-as-shoppers-go-elsewhere/

What the Bank of England’s interest rate cut means for your mortgage – and your savings

9 May 20259 May 2025 In Business Business Matters Be the first to comment

The Bank of England’s decision to cut interest rates from 4.5% to 4.25% is welcome news for mortgage holders and homebuyers, but less so for savers. The move, the fourth cut since August, comes amid global economic uncertainty, including concerns over Donald Trump’s trade tariffs, and easing inflation.

British carmakers and manufacturers have welcomed the newly signed UK-US trade deal, which includes a significant reduction in tariffs on automotive and steel exports, offering long-awaited relief to key industrial sectors.

Carmakers and engineers cheer UK-US trade deal as steel and auto tariffs slashed

9 May 2025 In Business Jamie Young Be the first to comment

UK-US trade deal cuts steel and car tariffs, lifting shares in British exporters like Rolls-Royce and Aston Martin. Industry hails pact as vital relief amid wider trade uncertainty.

Scottish salmon was today named as the UK’s top food export in 2023, following the publication of annual HMRC figures.

Salmon Scotland urges further talks to scrap 10% US tariff after UK-US trade deal

8 May 2025 In Business Jamie Young Be the first to comment

Salmon Scotland calls on UK Government to remove the 10% tariff on exports to the US following a new trade deal, saying it remains a barrier to growth in the sector’s second-largest market.

Electric vehicle (EV) sales in the UK continued to surge in April, with battery electric cars claiming more than one in five new registrations, even as petrol and diesel car sales sharply declined — a development hailed by campaigners as a “clear signal” of public support for the shift to cleaner transport.

British drivers send ‘clear signal’ in supporting electric cars as petrol and diesel sales nosedive

8 May 2025 In Business Jamie Young Be the first to comment

Electric car sales soared in April 2025 as petrol and diesel registrations fell below 30%, signalling a major shift in UK driver preferences despite political noise around net zero.

The world’s biggest offshore wind farm is to be built in British waters after its developer said it planned to charge consumers higher prices for some of its electricity.

Ørsted shelves major UK offshore windfarm project in blow to green energy goals

8 May 2025 In Business Jamie Young Be the first to comment

Danish energy giant Ørsted has cancelled the Hornsea 4 windfarm due to rising costs and interest rates, dealing a significant setback to the UK’s renewable energy targets.

HMRC’s latest public awareness campaign, ‘Don’t Get Caught Out’, is being criticised by tax experts for blurring the lines between legal tax planning and illegal activity — a move that could confuse taxpayers and undermine the clarity of the UK tax system.

HMRC criticised for misusing terminology in ‘don’t get caught out’ campaign on tax scams

7 May 20257 May 2025 In Business Jamie Young Be the first to comment

Blick Rothenberg warns HMRC’s latest anti-scam campaign risks confusing taxpayers by mislabelling tax evasion and fraud as tax avoidance, which is legal and legitimate.

More than half of global web traffic now comes from mobile devices. People expect websites to load fast, look good on smaller screens, and function without issues.

Trump’s tariff war may have catalysed UK-India trade deal, says Blick Rothenberg

7 May 2025 In Business Jamie Young Be the first to comment

Trump’s global tariff war may have accelerated UK-India trade talks, according to Blick Rothenberg, as businesses push for post-Brexit deals to ease cross-border friction.

As Trump’s policies unsettle America’s elite, wealthy individuals, academics, and students are increasingly looking to the UK — offering a golden opportunity for Britain’s economy.

As wealthy Americans flee Trump’s chaos Britain is cashing in

3 May 2025 In Business Paul Jones Be the first to comment

As Trump’s policies unsettle America’s elite, wealthy individuals, academics, and students are increasingly looking to the UK — offering a golden opportunity for Britain’s economy.

The government must show greater ambition and urgency in addressing the employment prospects of older workers if it hopes to meet its goal of an 80% employment rate, according to the 50+ Employment Taskforce.

Business Is Personal: Why hospitality still wins in a digital world

2 May 2025 In Business Business Matters Be the first to comment

In today’s interconnected world, the foundation of successful business lies in authentic human connections. Leaders who embrace in-person meetings tap into the unique benefits of face-to-face interactions – such as building trust, interpreting nonverbal cues and fostering creativity that virtual meetings often lack.

Klarna credit reports

Klarna hits 11 million UK customers as 2024 revenue surges 30% in breakout year

2 May 2025 In Business Business Matters Be the first to comment

Klarna celebrates a milestone 11 million UK customers and 30% revenue growth in 2024, doubling its merchant base and solidifying its role in the British retail landscape.

The UK’s advertising regulator has banned adverts by Lavazza and Dualit after ruling that their claims about “compostable” coffee pods were misleading to consumers.

Coffee pod ads banned by UK watchdog over misleading composting claims

30 April 2025 In Business Jamie Young Be the first to comment

The ASA bans Lavazza and Dualit ads for misleading consumers by labelling coffee pods as “compostable” when they require industrial processing, not home composting.

The rising cost of borrowing has boosted earnings at Co-operative Bank, which recorded a fourfold rise in profits last year.

The Co-operative Bank launches £10,000 prize draw for charity and community customers

30 April 2025 In Business Jamie Young Be the first to comment

To mark 10 years as Best Charity Banking Provider, The Co-operative Bank is offering a £10,000 prize draw for charity and community account holders with £5,000+ balances.

Small food businesses warn that the new packaging tax could be catastrophic, forcing price rises, cashflow problems and business closures amid soaring operational costs.

Packaging tax could be ‘catastrophic’ for small food businesses, brands warn

28 April 2025 In Business Jamie Young Be the first to comment

Small food businesses warn that the new packaging tax could be catastrophic, forcing price rises, cashflow problems and business closures amid soaring operational costs.

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Latest Content

Bank of England Governor Andrew Bailey warns that employer National Insurance hikes could delay future interest rate cuts, as businesses face rising costs and potential job losses.

Bank of England governor urges UK to rebuild EU trade ties as key summit looms

Andrew Bailey says UK must rebuild EU trade relationship to boost long-term growth, as Starmer prepares to unveil a new UK-EU partnership at a summit in London.

The Power of No: Why, When and How to Say It

US trade deal is not a win for UK automotive industry

Charity services at risk as rising staff costs hit support for vulnerable

Over £18M raised: How Crowdfunder and Sport England are shaping the future of community sports funding through matched crowdfunding

What the Bank of England’s interest rate cut means for your mortgage – and your savings

Carmakers and engineers cheer UK-US trade deal as steel and auto tariffs slashed

John Lewis to open more cafés and restaurants to boost footfall

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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