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Latest News:

  • Retail sales decline slows in July as motor trades rebound, CBI finds
  • Heathrow expansion would move 15,200 aviation jobs to London by 2050, NEF says
  • Shein swings to $99m loss after US scraps duty-free parcel rule
  • Trump orders 301 investigation into EU over Google’s €890m fine
  • Burnham rules out early election as poll puts Labour on 209 seats
  • US regulator rejects Wise application for banking licence
  • Dragons’ Den star bags £900m as Vitabiotics falls to US buyer
  • City bank: Starmer and Reeves left Britain ‘no better off’
  • Burnham opens No10 North, but the SME payoff waits until 2032
  • Musk says AI will surpass human intelligence within five years

Category: News

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

UK Export Finance has signed a first-of-its-kind £750 million financing framework with GE Aerospace that will steer airline engine repair work, and the supply chain spending that comes with it, through the manufacturer's sites in Wales and Scotland.

£750m UKEF deal backs 2,000 GE Aerospace jobs in Wales and Scotland

20 July 2026 News Amy Ingham 0 Comments

UKEF and GE Aerospace sign a £750m engine maintenance financing framework at Farnborough, backing 2,000 jobs and supply chains in Wales and Scotland.

Chancellor Rachel Reeves has delivered a bruising second Budget, confirming more than £30 billion in tax rises and abandoning earlier assurances that “working people” would be shielded from higher taxes.

Reeves sacked as Burnham dangles income tax cut for lower earners

20 July 2026 News Paul Jones 0 Comments

Rachel Reeves sacked as chancellor: what Andy Burnham’s income tax hints, 50p rate silence and £16bn borrowing plans mean for UK SMEs this autumn.

Gilt yields rose to 4.97 per cent after Andy Burnham's first speech as prime minister. What dearer UK borrowing costs mean for SME loans and contracts.

Borrowing costs rise as Burnham vows biggest shake-up in 40 years

20 July 2026 News Jamie Young 0 Comments

Gilt yields rose to 4.97 per cent after Andy Burnham’s first speech as prime minister. What dearer UK borrowing costs mean for SME loans and contracts.

Andy Burnham is prime minister. What his business rates pledge, tax stance and a stagnant economy mean for UK SME owners ahead of the autumn Budget.

Burnham enters No 10 with eight in ten SME owners braced for impact

20 July 2026 News Paul Jones 0 Comments

Andy Burnham is prime minister. What his business rates pledge, tax stance and a stagnant economy mean for UK SME owners ahead of the autumn Budget.

The Chinese owner of British Steel has demanded compensation from the UK government, accusing ministers of "trampling on international investment rules" just days after the Scunthorpe steelmaker was taken into public ownership.

Jingye demands payout as Beijing turns on UK over British Steel

20 July 2026 News Jamie Young 0 Comments

Jingye demands compensation for the British Steel nationalisation, accusing the UK of trampling investment rules. What the row means for UK SMEs.

Manchester has been named the UK's most AI-ready city for the third year in a row, and the message for business owners is hard to miss: the country's AI economy is no longer a London story.

Manchester tops UK AI index again as Southampton leaps 19 places

20 July 2026 Get Funded, News Amy Ingham 0 Comments

Manchester tops the SAS AI Cities Index 2026 for a third year. What the UK’s most AI-ready city, and fast risers Southampton and Derby, mean for SMEs.

British businesses, universities and researchers can now bid for a share of more than £62 million in government funding to develop homegrown satellite communications and space technologies, in a push ministers say is needed to stop the UK becoming dangerously dependent on others for capabilities it cannot do without.

Ministers hand UK space firms £62m to cut reliance on foreign tech

20 July 2026 Get Funded, News, Technology Jamie Young 0 Comments

Ministers unveil £62m in UK space funding for satellite communications and innovation. How SMEs and start-ups can apply, plus key deadlines to note.

Britain's biggest companies are getting quicker at paying their bills. New official statistics show the time large businesses take to pay their suppliers has fallen, and the proportion of invoices paid late dropped to 15 per cent in 2025, down from 25 per cent when records began in 2018.

£11bn late payment crackdown risks ‘car crash’, ex-tsar warns

20 July 2026 News Amy Ingham 0 Comments

Former small business commissioner Philip King warns the government’s £11bn late payment crackdown risks becoming a ‘car crash’ without proper enforcement.

Old Street roundabout in London's east end - The home to 'Tech City'

Burnham’s plan to scrap DSIT sparks tech industry revolt

20 July 2026 News, Technology Amy Ingham 0 Comments

Andy Burnham is weighing plans to close DSIT, drawing a backlash from tech leaders. What breaking up the department means for UK firms and founders.

Microscopic water fleas, sewage-eating fly larvae and technology designed for a moon base are among 20 projects to win £100,000 each in the Water Innovation Fund's second Water Discovery Challenge, a £7.5 million competition designed to open the water industry to businesses that have never worked in it.

Water fleas, moon tech and sewage-eating larvae win £100,000 apiece

20 July 202620 July 2026 Get Funded, News Amy Ingham 0 Comments

Water Discovery Challenge names 20 finalists winning £100,000 each from a £7.5m fund, opening the UK water sector to SMEs, from water fleas to moon tech.

Discover how Liverpool and Manchester’s “Northern Arc” plan, centred on a new railway, aims to rival the Oxford-Cambridge Arc, boosting investment and innovation in the North West.

Just 13% of firms expect taxes to fall under Labour’s new leader

19 July 202619 July 2026 News Amy Ingham 0 Comments

More than half of UK mid-sized firms expect business taxes to rise under the new Labour leadership. BDO urges a single 21% corporation tax rate instead.

The Farnborough International Airshow opens on Monday as the biggest edition in its history, with a record 1,636 exhibitors, more than 600 confirmed investors and American firms occupying more than a third of the exhibition floor.

Americans claim a third of the floor as record Farnborough opens

19 July 202619 July 2026 News Amy Ingham 0 Comments

Farnborough Airshow 2026 opens with a record 1,636 exhibitors, 600 investors and US firms taking 35 per cent of the floor. What it means for UK SMEs.

Just one in six of Britain's small businesses expects to grow over the next 12 months, the lowest proportion since records began in 2014, while nearly one in three anticipate shrinking, selling up or closing their doors for good.

One in three small firms expect to shrink, sell up or close

17 July 2026 News Jamie Young 0 Comments

Small business growth expectations have hit their lowest since 2014, the FSB warns, as one in three firms expect to shrink, sell up or close within a year.

Donald Trump has described it as “very dangerous” for the UK to do business with China, as Prime Minister Keir Starmer arrived in Shanghai on the third day of his official visit to the country.

Traders will pay to see Trump’s posts before you do

17 July 2026 Get Funded, News, Technology Jamie Young 0 Comments

Trump Media’s Truth API will sell trading firms millisecond access to the president’s market-moving Truth Social posts. What it means for UK firms.

England's World Cup semi-final against Argentina delivered the biggest single night of trading that Britain's pubs and bars have seen all tournament, with transactions up 145 per cent on the day and late-night trade between 10pm and 2am up 97 per cent, according to new figures from payments company Square.

England’s semi-final gives pubs their biggest night of the World Cup

17 July 2026 News Amy Ingham 0 Comments

England v Argentina gave pubs and bars a 145% sales surge, Square data shows. See which cities cashed in and what the final weekend holds for hospitality.

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Latest Content

Confidence in growth prospects among privately owned businesses in the East of England has fallen to 83 per cent from 86 per cent at the start of the year, according to the mid-year update to KPMG UK's Private Enterprise Barometer.

East of England growth confidence dips to 83%, KPMG finds

East of England business confidence has fallen to 83% from 86%, KPMG’s mid-year Private Enterprise Barometer finds, with 67% prioritising technology.

Retail sales decline slows in July as motor trades rebound, CBI finds

Heathrow expansion would move 15,200 aviation jobs to London by 2050, NEF says

Shein swings to $99m loss after US scraps duty-free parcel rule

Trump orders 301 investigation into EU over Google’s €890m fine

Burnham rules out early election as poll puts Labour on 209 seats

US regulator rejects Wise application for banking licence

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