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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.

Hunt replaces super deduction with new tax break

Among his announcements in the Spring Budget, the Chancellor has introduced full expensing, successor to the super deduction tax break

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Budget 2023 what small business can expect

An extension to the ‘super-deduction’ tax break for business investment and tax breaks for companies that help long-term sick and disabled get back into work are being mooted

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Businesses to be offered healthcare subsidies

Chancellor to announce trial of subsidies covering up to 80% of costs for private health assessments of workers in small and medium-sized businesses

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Average wait time to be paid now 31 days

January saw a sharp spike in the length of time clients are waiting to pay overdue invoices to small businesses

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Four-day work week found to boost revenue

A six-month experiment of a four-day work week was found to be successful by nine in ten participating companies, boosting revenue and decreasing staff turnover for many.

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Nearly 60% of businesses face going under

Six out of ten business owners consider throwing in towel, buffeted by inflation, soaring energy bills and an economy heading into recession

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Government proposes to revamp R&D tax credits for small businesses

A consultation document from the Government published on Friday acknowledged there was “merit to the case for further support” to small and medium-sized businesses

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Sunak eyes plans to entice over 50s back to work

The Government is looking at plans to encourage the over 50s and long-term sick back into work, but won’t budge on immigration

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Government proposes to revamp R&D tax credits for small businesses

A consultation document from the Government published on Friday acknowledged there was “merit to the case for further support” to small and medium-sized businesses

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Sunak eyes plans to entice over 50s back to work

The Government is looking at plans to encourage the over 50s and long-term sick back into work, but won’t budge on immigration

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How the new energy support scheme will work for SMEs

The Government has announced the Energy Bills Discount Scheme, which will replace the current energy support from April. Here are the details

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50 shops closing a day in the UK

Number of shop closures across the country hits five-year high with up to 18,000 expected to close this year

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Small firms forced to use savings to survive

Investec research shows that SMEs are running down their savings to keep their businesses afloat in the face of rising costs

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Brexit is not working, say small businesses

Nearly 80% of firms that trade with the EU say that the current Brexit deal is not helping them increase sales or grow their business

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