UK drivers are paying more for fuel due to high retail margins, says the CMA. Learn how weakened competition affects pump prices and what measures are being taken to help motorists save.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
UK car production declines for eighth consecutive month amid EV transition challenges
UK car production falls for the eighth consecutive month amid challenges in transitioning to electric vehicles. Stellantis announces closure of Luton plant, highlighting pressures from stringent zero-emission vehicle mandates.
Lords report urges shift beyond retail to revitalise UK high streets
A new House of Lords report urges UK high streets to move beyond retail, embracing leisure, public services, and collaborative strategies to reverse decline. Discover key recommendations for revitalising town centres.
Tractor Tax Could Affect Five Times More Farmers Than Government Claims, Expert Warns
An industry expert warns that Rachel Reeves’s “tractor tax” could impact 2,500 farmers annually—five times more than government estimates—due to flaws in the Treasury’s analysis of inheritance tax relief changes.
Aston Martin issues profit warning and announces £210m fundraising
Aston Martin issues profit warning and announces £210m fundraising. Discover how delays in supercar deliveries and new financing plans impact the luxury carmaker’s financial outlook.
Vauxhall to close Luton plant, over 1,100 jobs at risk amid EV mandate pressures
Vauxhall’s parent company Stellantis announces closure of Luton van plant, putting over 1,100 jobs at risk amid UK’s stringent electric vehicle mandate pressures. Discover the implications for the automotive industry and local communities.
Think tank calls for delay in farm inheritance tax to ensure fairness
The Institute for Fiscal Studies urges ministers to delay farm inheritance tax changes to prevent unfairness to landowners. Learn how proposed policies could impact farmers and what experts recommend.
Allan Leighton returns to Asda as chair, succeeding Stuart Rose
Asda appoints former chief Allan Leighton as new chair, replacing Stuart Rose. Discover how Leighton’s return aims to steer the supermarket through challenges like IT overhauls and declining sales.
Government plans £100m annual levy on gambling firms to tackle harms
Discover how the UK government’s proposed £100 million annual levy on gambling firms aims to fund research and treatment for gambling harms, signalling a major shift in industry regulation and responsibility.
UK salaries rise at fastest rate in three years as Christmas hiring boosts job market
Annual salaries in the UK have increased at the fastest pace since 2021, driven by a surge in Christmas hiring that is revitalising the job market.
Invest in Women Taskforce secures over £250m to boost UK female entrepreneurship
The Invest in Women Taskforce secures over £250 million to support UK female entrepreneurs. Backed by major financial institutions, the initiative aims to boost female-led businesses through significant investment.
Seven million Britons embrace crypto as Bitcoin soars to $95,000
Crypto ownership in the UK hits seven million as bitcoin soars to $95,000. Explore how rising investments and misconceptions about protection are shaping Britain’s crypto landscape.
Retailers warn of inevitable price rises due to budget measures
UK retailers warn of inevitable price hikes as budget measures add £7 billion in costs. Discover how national insurance increases, wage rises, and new levies are set to impact shoppers and businesses.
Millions of UK tourists could face new visitor levies as councils seek to fund services
UK councils consider visitor levies to tackle over-tourism and fund services. Discover how the proposed charges aim to support sustainability and improve infrastructure in popular destinations.
Enforced office mandates drive workers to seek flexible roles
A surge in job applications highlights dissatisfaction with strict return-to-office mandates. Discover why hybrid working is crucial for retaining top talent and staying competitive in the job market.
