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Latest News:

  • Met’s CCTV reporting platform quadruples shoplifting charge rate
  • Tina McKenzie named interim FSB chair as Martin McTague takes peerage
  • 360 directors convicted of filing offences in three months, Companies House says
  • Raleigh owner Accell Group enters insolvency proceedings
  • More than 100 companies added to Global Talent visa host list
  • Citigroup chief ‘worried’ by 48% UK bank tax rate
  • Healey draws up plans to borrow extra £9bn a year for asset stakes
  • Disney signs deal to let TikTok creators use its film and TV clips
  • More than 120 MPs and peers call for urgent student loan review
  • TfL licenses robotaxis for supervised Uber trips in London

Category: News

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

A reporting platform that lets retailers send CCTV footage and witness statements directly to police has quadrupled the proportion of London shoplifting cases ending in a caution, charge or other criminal disposal, the Metropolitan Police said on 4 August, as the force extended the scheme to eight more boroughs.

Met’s CCTV reporting platform quadruples shoplifting charge rate

7 August 2026 News Jamie Young

The Metropolitan Police’s CCTV shoplifting reporting platform raised charge and caution rates from 7.3% to 29.4% and now expands to eight more boroughs.

Tina McKenzie has been confirmed as interim national chair of the Federation of Small Businesses, as Martin McTague steps down from the role to become a member of the House of Lords, the organisation has announced.

Tina McKenzie named interim FSB chair as Martin McTague takes peerage

7 August 20267 August 2026 In Business, News Business Matters

FSB interim national chair Tina McKenzie takes over as Martin McTague steps down to join the House of Lords, the small business organisation announced.

Companies House has suspended its online WebFiling service after a cyber vulnerability allowed users to access and potentially edit sensitive personal data belonging to other businesses registered on the UK’s corporate register.

360 directors convicted of filing offences in three months, Companies House says

7 August 2026 Legal, News Jamie Young

Companies House disqualified 23 directors for 70 years combined in the first half of 2026 and convicted 360 more of filing offences, new figures show.

Accell Group, the Dutch owner of Raleigh bicycles, has entered court-supervised insolvency proceedings in the Netherlands after takeover talks collapsed, while Accell UK and Ireland has filed a notice of intention to appoint administrators.

Raleigh owner Accell Group enters insolvency proceedings

7 August 2026 Finance, News Amy Ingham

Accell Group, the Dutch owner of Raleigh bikes, has entered insolvency proceedings, with its UK and Ireland arm moving to appoint administrators.

China's largest car manufacturer SAIC Motor says it will build its first factory in Europe, after sales of its vehicles on the continent jumped.

More than 100 companies added to Global Talent visa host list

7 August 2026 News Amy Ingham

The Global Talent visa has been expanded to let more than 100 UK research businesses, including AstraZeneca and JLR, host international researchers.

More than 1,000 British jobs are under threat at Citigroup as the American bank announced it would cut 20,000 staff worldwide.

Citigroup chief ‘worried’ by 48% UK bank tax rate

6 August 2026 Finance, News Amy Ingham

Citigroup chief Jane Fraser warns that UK bank taxes of about 48 per cent, against 27 per cent in New York, could jeopardise investment in London.

John Healey's £9bn borrowing plan would fund stakes in infrastructure, housing and business through mayors, with analysts weighing the market impact.

Healey draws up plans to borrow extra £9bn a year for asset stakes

6 August 2026 Finance, News Jamie Young

John Healey’s £9bn borrowing plan would fund stakes in infrastructure, housing and business through mayors, with analysts weighing the market impact.

Disney and TikTok have agreed a content-sharing deal that will allow creators to use clips from Disney films and television programmes in their videos, the two companies announced on Wednesday.

Disney signs deal to let TikTok creators use its film and TV clips

6 August 2026 AI, Marketing, News Jamie Young

The Disney TikTok deal will let creators use clips from films and shows including Star Wars and Marvel, launching in the US before other countries.

Recent state legislation is reshaping the rights of transgender students in education, creating legal conflicts between institutional policies and government mandates.

More than 120 MPs and peers call for urgent student loan review

6 August 2026 Finance, News Amy Ingham

Student loan repayment rules face fresh scrutiny as more than 120 MPs and peers urge Chancellor John Healey to order an urgent review of the system.

Transport for London has granted private hire vehicle licences to a fleet of autonomous cars using technology from British firm Wayve, on the condition that a qualified human driver is present and remains responsible for the vehicle. Journeys could begin later this year.

TfL licenses robotaxis for supervised Uber trips in London

6 August 2026 AI, News Amy Ingham

London robotaxis are a step closer after TfL granted private hire licences to Wayve-powered Uber vehicles, with supervised journeys due later this year.

Electronic Arts said on Tuesday that its acquisition by Saudi Arabia's Public Investment Fund, Silver Lake and Affinity Partners had closed, valuing the games publisher at about $55bn (£41bn). Shareholders receive $210 in cash for each share.

Saudi-led consortium completes $55bn EA takeover

5 August 20265 August 2026 Get Funded, News Amy Ingham

The $55bn EA takeover by Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners has closed, taking the games publisher off Nasdaq.

The Bank of England is expected to reduce interest rates significantly faster than financial markets currently anticipate, according to new forecasts from Goldman Sachs.

Bank of England staff worked nearly 13,000 days overseas, FOI data shows

5 August 2026 News Jamie Young

More than 1,000 staff used the Bank of England working from abroad policy for 12,889 days in total, freedom of information data released this week shows.

Jeff Bezos has thrown his weight behind one of Cambridge's most closely watched artificial intelligence ventures, joining a $400 million fundraising that values materials-discovery specialist CuspAI at $2.6 billion.

Amazon tops $3trn as AWS sales grow 36.7 per cent

5 August 2026 AI, Get Funded, News, Technology Amy Ingham

Amazon’s market value topped $3 trillion on Monday after second-quarter results showed AWS sales up 36.7 per cent and a raised capital spending forecast.

Creditors owed £1.3bn have told Aston Martin they may sue to unwind its £550m HPS financing and block the transfer of branding rights to Authentic Brands.

Aston Martin lenders threaten legal action over £550m HPS deal

5 August 2026 Get Funded, News Paul Jones

Creditors owed £1.3bn have told Aston Martin they may sue to unwind its £550m HPS financing and block the transfer of branding rights to Authentic Brands.

SpaceX reported revenue of $7.8 billion for the second quarter, up 92 per cent on the same period a year earlier, in its first earnings report since its June flotation. The figure was ahead of analysts' average estimate of $6.8 billion.

SpaceX revenue up 92% to $7.8bn in first results since float

5 August 2026 AI, Get Funded, News Amy Ingham

SpaceX results for the second quarter show revenue up 92 per cent to $7.8bn, ahead of forecasts, with shares falling 6.9 per cent in after-hours trading.

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