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Small business

  • Business budget: Hunt vows to cut taxes and boost investment by £20bn a year by 2030

    November 21, 2023

    Jeremy Hunt has vowed to boost business investment by £20bn a year by 2030 ahead of the Autumn Statement.

  • Why start-ups are going to war with Jeremy Hunt on R&D tax

    November 16, 2023

    When Chancellor Jeremy Hunt rolled out plans to scale back research & development (R&D) tax credits for start-ups last year, there followed an almighty backlash from small business groups.

  • Business cheers news that investment tax break could be permanent

    November 5, 2023

    Business groups have welcomed the news that Jeremy Hunt is considering making £10bn investment tax break permanent as part of this month’s Autumn statement.

  • Badenoch: Too many British firms put virtue signalling over profit

    November 2, 2023

    A row has broken out after Labour criticised Kemi Badenoch’s claim that businesses “fear the entrepreneurial” and focus too much on 'virtue' rather than profit

  • Businesses’ payroll bill to soar by £300m as London living wage increases

    October 23, 2023

    Payroll costs in the capital are set to soar by over £300m as the London living wage increases by a tenth. Businesses signed up to the voluntary scheme will see their salary expenditure go up by £304,200,000 after the rate jumps from £11.95 an hour to £13.15 for 130,000 employees. Firms accredited include half the [...]

  • Rachel Reeves to claim ‘party of business crown’ with Labour conference speech  

    October 8, 2023

    Labour are gunning for the ‘party of business’ crown as Rachel Reeves prepares to unveil a string of policies on planning, building and investment in a bid to woo the private sector. Speaking at Labour conference in Liverpool, the shadow Chancellor will pledge to speed up the race to get critical infrastructure built, drive growth, [...]

  • The City sees the Tories as a ‘bigger risk to business’, says Reynolds

    October 8, 2023

    The Conservative Party is seen by many people in the City “as the bigger risk to the business community”, Labour’s Jonathan Reynolds told City A.M.

  • Normal service resumed? CBI boss tells corporate Britain she’s turned the page on scandal

    October 2, 2023

    Rain Newton-Smith is well respected in the City but scandals and questions over its long-term utility have left the CBI in a pinch

  • Post Office scandal: £600,000 compensation offer ‘gun to head’ for victims, MP claims

    September 19, 2023

    An MP has criticised the offer of £600,000 compensation for every Post Office worker who has had their wrongful Horizon conviction overturned, claiming it is “a gun to their head”. The government announced on Monday that every post office operator who was caught up in the Horizon IT scandal and wrongfully convicted will receive £600,000 [...]

  • Government won’t create single insolvency regulator in its industry overhaul

    September 12, 2023

    Insolvencies will not be regulated by a single body, after the government dropped plans to create a solo watchdog for the sector. Ministers had proposed setting up a single regulator of insolvency practitioners to run within the insolvency service – but have since reversed on the idea. The move comes as high street retailer Wilko [...]

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