By: Jennifer Sieg

SME Correspondent Jennifer Sieg is an SME correspondent and editor of Ambition A.M., City A.M.'s weekly newsletter for all things entrepreneurship. She is also the host of Founder Favourites podcast, interviewing some of the UK's most interesting and up-and-coming founders. Email: jennifer.sieg@cityam.com

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Business rates ‘aren’t fit for purpose’ and are stifling small businesses, says FSB

September 18, 2023

The Federation of Small Businesses (FSB) is calling upon extensions and changes to existing rate relief bills for small businesses.
CBI races to raise cash as member walkout leaves ‘short-term’ finance challenges

September 17, 2023

The CBI is facing "short-term" challenges to maintain its financial footing after a member walkout
Ellie Goulding’s cocktails-in-a-tin brand receives investment from drinks giant

September 17, 2023

Heineken UK has acquired a significant minority stake — for an undisclosed sum — in Served, an award-winning brand co-founded by Ellie Goulding
H&M West End: Flagship London store starts recycling drive with ‘clothes ready to be loved again’

September 14, 2023

Fast fashion retailer H&M is to sell secondhand clothes at its Regent Street flagship store from October — offering items that are “ready to be loved again”. The Swedish clothing giant will feature a range of clothes and accessories from H&M and beyond as part of its “pre-loved” initiative. The industry has been under mounting [...]
Clearbank ups profit and eyes US expansion – but it has no plans for an IPO

September 14, 2023

Clearbank today reported a pretax profit of £5.9m for the first half of the year as it said it was eyeing an expansion into the US. Revenue more than doubled compared to the same period last year, reaching nearly £50m, while deposits increased 80 per cent to hit £5.4bn, the firm said. Clearbank said its [...]
City of London granted permission to fix plaque on statue linked to slavery

September 14, 2023

The two Guildhall statues with slavery links are figures of William Beckford, former two-time Lord Mayor, and philanthropist Sir John Cass.
Most UK adults experiencing ‘retirement anxiety’ as inflation forces savings raid

September 13, 2023

The majority of UK adults are anxious about retiring, a new survey out today shows, as Brits are forced to raid their savings to make ends meet as the cost of living soars.
Inflation forces firms to ditch ESG initiatives

September 12, 2023

Inflation and rising costs are forcing firms to leave behind ESG initiatives in an effort to “keep their heads above water,” per a new survey. Firms are being forced into supply chain changes due to rising costs as well as disruption. Some 90 per cent of supply chains have experienced disruption in the past year, [...]
Government may have broken law over sewage dumping, says watchdog

September 12, 2023

An environmental watchdog has suggested the government potentially failed to comply with environmental laws, resulting in frequent sewage spills.
Global fossil fuel demand to peak ‘in the coming years’, IEA says

September 12, 2023

Global demand for fossil fuels is "set to hit a peak in the coming years" and gradually decline thereafter as the world pivots towards renewable energy sources, the head of the International Energy Agency said today.

Whisky Business: How to build a whisky hotel in Edinburgh

PM Starmer asked to back £500m Alexandra Palace darts injection

Four funky and flavoursome Jamaican Rums

By: Jennifer Sieg

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