The House of Lords has told the Bank of England and the FCA to keep to their timetable on stablecoin regulation, arguing that further delay will hand the digital payments race to Washington and Brussels,…
Business
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Business
Seventh carbon budget: Britain bets £105bn Net Zero economy can shield SMEs from the next fossil fuel shock
Britain’s small and medium-sized businesses are being placed at the centre of the most consequential climate decision since the Climate Change Act, after the government tabled a Seventh Carbon Budget that would cap UK emissions…
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Business
“Rearranging deckchairs on a heavily taxed ship”: business owners round on Labour’s tax-and-spend mindset
Britain’s small business community has reacted with thinly veiled fury to the disclosure that Work and Pensions Secretary Pat McFadden privately told Lord Mandelson that every Labour meeting was consumed by the question of “who…
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The Federation of Small Businesses says a decade-long freeze on the relief threshold, coupled with backdated changes hitting shared offices, is “directly undermining” the government’s growth agenda. More than 100,000 small companies have been pulled…
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Business
BCC warns nearly one in five young Britons could be out of work by 2027 as AI and tax rises bite
Nearly one in five young Britons could be out of work within little more than a year, as higher payroll taxes, a sharply rising minimum wage and the relentless march of artificial intelligence combine to…
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Britain’s flagship overhaul of zero-hours contracts could end up doing the very opposite of what ministers intend, the country’s leading HR body has warned, with employers likely to lean more heavily on self-employed contractors and…
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Business
In cod we trust: industry urges ministers to back Britain’s chippies before the high street loses its national dish
For the better part of a century, the fish and chip shop has been the most reliable barometer of British high-street health. When the chippies are thriving, the parade is alive. When they are boarded…
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In Can We Be Rich Again? the former chancellor delivers a refreshingly self-aware diagnosis of what has gone wrong with the British economy, and a costed prescription that SMEs, in particular, ought to read with…
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Whitehall has turned to one of the City’s most seasoned retail chiefs in an attempt to head off what ministers are now privately describing as the most acute youth unemployment crisis in more than a…
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Business
Royal Mail misses first-class delivery target again as Ofcom prepares fresh probe under Kretinsky ownership
Britain’s letter writers, and the small businesses that still depend on the post for invoices, contracts and statutory notices, are paying the price for another year of underperformance at Royal Mail. Just 75.7% of first-class…