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The news section on Small Business UK allows you to keep up to date with the latest news, economic trends and regulatory developments affecting new and established UK small businesses.

Business rates relief ‘likely’ to extend beyond April 2024

Business rates relief for SMEs is 'likely' to continue into 2024/25. John Webber explains why this isn't so good in the long run.

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London SMEs spending half of revenue on tech

In the capital, 64 per cent of SMEs are turning to technology investments to increase productivity

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Energy brokers dismiss £2bn lawsuit as ‘utter fantasy’

Energy Consultants Association calls class action lawsuit by 5,000 small businesses ‘a PR attempt’ and that compensation claimed bears no relation to reality

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Thousands of firms join £2bn lawsuit against energy giants

Energy giants paying brokers secret commissions pumped up energy bills for thousands of unwitting small businesses, claims campaigning law firm

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UKCA safety mark postponed indefinitely by Government

Plans to transition to a UKCA designation system for business products, separate from the EU's CE marking, have been put on hold

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Tax-free shopping could give economy extra £10bn

Business groups are calling to reinstate tax-free shopping for international visitors but the Treasury is reluctant to do so.

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Trading with EU getting increasingly hard, say firms

Small businesses especially are finding trading with the EU increasingly difficult when it comes to selling goods and services, firms complain to Institute of Directors

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A quarter of R&D tax relief lost to fraud and error 

HMRC says the scheme for small businesses was responsible for £1bn of lost payouts between 2020 and 2021.

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Trading with EU getting increasingly hard, say firms

Small businesses especially are finding trading with the EU increasingly difficult when it comes to selling goods and services, firms complain to Institute of Directors

News

A quarter of R&D tax relief lost to fraud and error 

HMRC says the scheme for small businesses was responsible for £1bn of lost payouts between 2020 and 2021.

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81% of entrepreneurs work while on holiday

61% of small business owners say they feel more like sweatshop workers than the glamorous ‘rockstar’ image put about by Elon Musk

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Small firms account for 56% of UK tax gap

The government's latest Measuring tax gaps report shows that small businesses account for over half of the UK tax gap

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Small business investment fell by 11% in 2022, as market conditions worsen 

Situation for small businesses trying to raise equity even worse this year, with 28% decline in first three months of this year, compared with last quarter of 2022

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Making Tax Digital will set firms back £1.5bn in upfront costs

Making Tax Digital set to knock businesses back by £1.5bn in upfront costs, highlights the government's spending watchdog.

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