The UK will strengthen its Prompt Payment Code (PPC) to push larger firms to pay small businesses quickly.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Seafood lorries travel to Westminster for protest against Brexit red tape
Fishing lorries from Scotland and Devon have descended on Westminster to stage a protest against the Brexit red tape they say is either delaying or ruining exports of their fresh shellfish to the EU.
More than a third of UK shoppers blocked from paying with cash in Covid-19 crisis
More than a third of shoppers have been blocked from paying with cash since the start of the Covid crisis, prompting calls for urgent action to protect the millions who rely on the UK’s “critically endangered” cash network.
Extend Covid relief now, business chiefs tell No 10
The government is under mounting pressure from business leaders to provide more support to the economy before the budget in early March.
Shock Brexit charges are hurting us, say small British businesses
Levies to cover the increase in red tape, VAT and customs declarations are hitting trade to the European Union
Next consortium in pole position to buy Philip Green’s Topshop empire
A consortium that includes high street giant Next is thought to be in pole position to buy Sir Philip Green’s Topshop empire out of administration.
Eurostar survival ‘at risk’ without cash from government
Eurostar is at risk of collapse without receiving financial support from the British government, business leaders have warned.
Boris Johnson to consult businesses on plan to become Europe’s Singapore
Boris Johnson will hold talks with business leaders today about cutting red tape as ministers draw up plans to turn Britain into the “Singapore of Europe” now that it has left the European Union.
Rush for bikes helps Halfords power into profit
Sales at Halfords shifted up a gear in the last quarter of 2020 as the bikes-to-car parts retailer rode a lockdown cycling boom.
Supreme Court rules insurers must pay small firms for Covid lockdown losses
Tens of thousands of small businesses are set to receive insurance payouts covering losses in the first national lockdown, following a court ruling.
No vaccination no job: Pimlico Plumbers to make worker inoculation mandatory
A large London plumbing firm plans to rewrite all of its workers’ contracts to require them to be vaccinated against coronavirus.
UK rail services to be reduced to 72% of pre-pandemic levels
Rail services in Britain will be reduced to 72% of pre-pandemic levels over the next few weeks, and passengers are being asked to check before they travel that their service is running.
Angry British fishermen tell Johnson ‘You misled us over Brexit deal’
British fishermen have accused Boris Johnson of dishonesty and betrayal over his Brexit fishing deal.
Bitcoin defies warnings and hits $40,000
Bitcoin briefly bounced back above $40,000 yesterday as the cryptocurrency shook off calls for stricter regulation to resume its upward march.