A Xero survey reveals UK small businesses that celebrate milestones achieve 30% annual revenue growth, compared to 19% for those that don’t. Owners say it boosts motivation and morale.
Category: 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
UK prices for Mounjaro weight-loss jab to rise by up to 170% after Trump pressure on drugmakers
Eli Lilly will raise UK list prices for its Mounjaro weight-loss jab by as much as 170% from September after Donald Trump urged pharmaceutical companies to hike costs abroad to cut US drug prices.
ASA bans online pharmacy adverts for weight loss injections in major enforcement drive
The UK’s advertising watchdog has banned online pharmacy ads promoting prescription-only weight loss jabs such as Wegovy, closing loopholes and targeting social media influencers.
Scottish salmon exports on track to hit £1bn as global demand surges
Scottish salmon exports jumped 33% to £941m in the year to June, driven by booming demand in the US, China and new markets like India. Industry leaders push for removal of US tariffs to secure record-breaking sales.
GB News passes 2 billion YouTube views as subscriber growth surges
GB News has surpassed 2 billion YouTube views and is closing in on 2 million subscribers, as the channel expands globally with a new launch on US streaming platform Truth+.
Norway restarts North Sea drilling licences as UK faces calls to lift ban
Norway has reopened North Sea oil and gas exploration for the first time since 2021, prompting calls for the UK to follow suit and scrap its ban on new licences.
Housing market slows as buyers await autumn budget tax decisions
RICS data shows buyer demand and sales fell in July amid fears over autumn budget tax rises and uncertainty on interest rate cuts, with rental supply also at a five-year low.
GMB urges government to showcase UK pottery in embassies worldwide to support ceramics industry
The GMB union has called on the government to commit to using UK-made pottery and tableware in all British embassies and High Commissions around the world, as part of a push to back the country’s struggling ceramics sector.
Immigrants in Europe and North America earn nearly 18% less than natives, study reveals
Frankfurt School research finds immigrants earn 17.9% less than natives, mainly due to limited access to higher-paying jobs; gap narrows for second generation but persists.
EVs and batteries move centre stage in the UK’s modern industrial strategy
The UK’s Modern Industrial Strategy puts EVs and batteries centre stage—£2.5bn for DRIVE35 R&D and capital, cheaper energy, battery passports, gigafactory finance and export support to lift output to 1.3m vehicles by 2035.
UK’s modern industrial strategy puts advanced manufacturing at the heart of 2035 growth
UK Government’s Modern Industrial Strategy pledges cheaper energy, £4.3bn for tech and new finance to near‑double advanced‑manufacturing investment by 2035.
Virgin Media O2 launches £1m apprenticeship talent fund to boost diversity in stem
Virgin Media O2 has created a £1m fund to cover apprenticeship training costs for SMEs, charities and social enterprises, targeting women and underrepresented groups in STEM.
Government urged to tackle ‘self-employed pension crisis’ as report warns of widening savings gap
Think tank calls for HMRC and financial firms to deliver targeted nudges to boost self-employed pension saving, as only 20% contribute compared to 78% of employees.
Harry and Meghan sign new multi-year Netflix deal
The Duke and Duchess of Sussex have renewed their multi-year “first look” deal with Netflix for film and TV projects, including a second season of With Love, Meghan.
Tata steel UK CEO Rajesh Nair appointed chair of UK Steel
Tata Steel UK CEO Rajesh Nair has been appointed Chair of UK Steel, taking on the role alongside his leadership of the company at a pivotal time for the UK steel industry.
