AI powers UK’s startup surge as founder numbers soar Tech While Britain is trudging through another tax-heavy Budget, LinkedIn data has revealed signs of a founder boom, with AI doing much of the heavy lifting. As Rachel Reeves attempted to boost startup and scale-up appetite in her Budget, LinkedIn revealed that the number of UK professionals adding ‘founder’ to their profile has jumped 69 per [...]
Nigel Farage: VAT threshold should be raised Politics Reform UK’s Nigel Farage has hit out at suggestions that the VAT threshold for businesses should be lowered from its £90,000 threshold. Reports have suggested that Chancellor Rachel Reeves could lower the threshold at which businesses must be registered for VAT to £30,000 in a phased approach, a policy backed by several think tank wonks [...]
Gen Z’s entrepreneurial dreams threatened by lack of support Business Gen Z is leading the country’s entrepreneurial boom, but a lack of professional support could threaten their future as business leaders. Over 80 per cent of 18 to 24 year olds have engaged in a form of entrepreneurial activity, such as selling products online or having a ‘side hustle’ alongside a full time job, according [...]
British SMEs locked out of trade deal benefits as red tape bites November 3, 2025 Britain’s small businesses are failing to reap the rewards of the government’s post-Brexit trade deals, as red tape, tariffs, and weak confidence leave exports flatlining and financial distress mounting across SMEs, according to a new report. New figures from the British Chambers of Commerce (BCC) show that 84 per cent of firms with fewer than [...]
UK SMEs brace for inflation strain as confidence slips October 22, 2025 Small business (SME) optimism is faltering as sticky inflation, labour shortages and rising borrowing costs pile pressure on firms already stretched by thin margins and political uncertainty. Small business confidence dipped in September, with recent Opinium polling suggesting that UK entrepreneurs are increasingly uneasy about the months ahead. The latest figures from the National Federation [...]
UK small businesses falling behind on AI, Google warns October 12, 2025 New research from Google has revealed a bottleneck in UK small business innovation. Over half, or 59 per cent, of SME owners say they have had to put ‘game changing’ ideas on hold over the past year, citing a lack of time to bring their concepts to life. For many, these stalled ideas are more [...]
Tories vow to ease IR35 rules and cut red tape for small businesses October 6, 2025 Identification checks for small businesses would be eased under a new Tory pledge to slash red tape and allow entrepreneurs to open bank accounts at a quicker pace. Andrew Griffith, the shadow business secretary, will tell party members that the Tories would make growth among small businesses central to wider economic plans as they would [...]
eBay launches £3m AI programme for UK SMEs October 1, 2025 E-commerce giant eBay has unveiled a major initiative aimed at helping UK small businesses harness the power of AI and compete with larger enterprises. The company’s new programme, ‘AI activate’, is a £3m investment that will provide up to 10,000 small enterprises with fully funded access to OpenAI-powered tools and tailored training to boost productivity [...]
HMRC loses over £800m to small business ‘phoenixing’ September 12, 2025 HM Revenue & Customs (HMRC) has lost more than £800m – more than previously estimated – through a tax loophole open to abuse by small businesses in the UK. The practice, known as ‘phoenixing‘, is where companies are repeatedly liquidate then set up as a new, identical, debt-free business. The tax authority lost £836m to this [...]
CBI boss calls for Rachel Reeves to break Labour’s tax pledge September 10, 2025 The boss of the Confederation of British Industry (CBI) has suggested the chancellor should tear up Labour’s manifesto pledge not to raise taxes on working people, as businesses brace themselves ahead of the Autumn Budget. Rachel Reeves is widely expected to introduce a fresh package of tax hikes in her 26 November Budget, in order [...]