Former Chancellor Nadhim Zahawi Seeks to Acquire Telegraph Media Group
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Rachel Reeves embarks on New York mission to attract UK investment
Chancellor Rachel Reeves will meet top Wall Street firms in New York to secure billions for UK green energy, infrastructure, and housing projects, aiming to boost investment and job creation.
Farnborough Airshow explodes with £39.3bn in deals on opening day
Farnborough International Airshow kicked off with a bang today, with an astounding £39.3bn (USD 51bn) worth of deals announced on its opening day.
Reeves hints at inflation-busting pay rise for public workers amid £8 billion fiscal challenge
Rachel Reeves hints at significant pay increases for public workers, potentially leading to an £8 billion fiscal gap before the autumn budget. Learn more about the economic implications and government plans.
Business and Trade secretary unveils £103M investment for greener air travel at Farnborough Airshow
The UK government announces £103 million in funding for green aerospace projects, supporting sustainable aviation and high-wage jobs across the UK.
Mid-sized firms set their sights on growth, planning £3m investment over five years
UK Mid-Sized Firms Plan £3 Million Investment for Expansion Over Five Years
Businesses rush to sell ahead of potential Labour tax hikes
The number of UK mergers and acquisitions has surged by 71% as business owners rush to sell ahead of potential tax increases under a Labour government. Learn more about the impact of proposed capital gains tax changes.
Transforming Procure-to-Pay with AI: A Deep Dive into Zycus’ Innovative Solutions
In the rapidly evolving landscape of procurement, Artificial Intelligence (AI) is not just a trend but a transformative force that is reshaping the procure-to-pay (P2P) processes.
China’s exports surge, pushing trade surplus to $99bn amid tariff threats
China posted a record trade surplus of $99 billion last month, the highest in over two decades, as it continued to drive export growth despite looming tariff threats from Donald Trump.
Rachel Reeves champions benefits of China trade as UK maintains open economy stance
Rachel Reeves has underscored the advantages of trading with China, indicating that the UK government is unlikely to implement punitive tariffs on imports from the world’s second-largest economy.
Pound surges as interest rate cut expectations fade
The pound hits a one-year high as traders lower their expectations for a Bank of England rate cut next month, following persistent inflation data. The MPC faces a crucial decision on August 1 amidst signs of a cooling labour market and rising bond yields.
UK wage growth slows to two-year low amid cooling labour market
UK wage growth slows to its weakest pace in two years, suggesting a cooling labour market as the Bank of England mulls over a potential interest rate cut next month. Unemployment remains steady while vacancies and employment rates dip.
Radical transformation planned for HSBC skyscraper in Canary Wharf as bank returns to Square Mile
Canary Wharf’s HSBC skyscraper will be radically transformed from an office block into a tourist hub, featuring terraces with stunning London views. The redevelopment aims to create a vibrant mixed-use neighbourhood, as HSBC relocates in 2027.
Labour to launch state-owned Great British Energy with £8.3bn market intervention
Labour launches state-owned Great British Energy with an £8.3bn budget, marking a significant market intervention. The initiative aims to boost energy independence, create jobs, and accelerate the green transition. Labour also unveils major railway reforms and plans for gradual train operator nationalisation.
Starmer’s vision for Britain: key pledges and missing pieces from the King’s Speech
King Charles unveils Sir Keir Starmer’s comprehensive plan for Britain, covering border security, renters’ rights, and more. Discover key pledges and what’s missing from the King’s Speech.