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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.

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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25% of online purchases abandoned due to delivery gripes

Almost £32m of online sales are abandoned at checkout because of frustrations over high delivery fees, slow speeds and limited options

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Win a pop-up shop space on London’s Oxford Street

We've teamed up with Sage to bring you the chance to win a pop-shop space on Oxford Street. Read on to find out how to enter

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Minister mulls U-turn on VAT-free shopping

Business minister asks businesses hurt by scrapping VAT-free shopping for overseas visitors to provide him with ‘data and information’

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Win a pop-up shop space on London’s Oxford Street

We've teamed up with Sage to bring you the chance to win a pop-shop space on Oxford Street. Read on to find out how to enter

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Minister mulls U-turn on VAT-free shopping

Business minister asks businesses hurt by scrapping VAT-free shopping for overseas visitors to provide him with ‘data and information’

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Business fraud costs firms £16,000 for each incident

Fraud cost companies tens of thousands of pounds each time they are victimised but most do not bother to report incidents to police

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Suppliers urged to shrink costly energy deals

Over 90,000 businesses face closure or downsizing, being stuck on exorbitant fixed-price energy deals compared to current market prices

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Entrepreneurs made £11.8bn selling firms in the past year

Business owners have been selling their firms – but total sales figures are down significantly compared to previous years

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80 per cent of UK tech start-ups investing in skills to mitigate gaps

With almost half of small businesses surveyed by the Department for Education citing a lack of skilled staff as a concern, investment in this challenge proves widespread among UK tech start-ups

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