An increasing number of American taxpayers are eyeing the UK as their new home, according to Blick Rothenberg, a leading UK-based audit, tax, and business advisory firm. The trend is being fuelled by a mix of political uncertainty in the United States and the relative attractiveness of the UK as a destination for high-net-worth individuals and professionals. Robert Salter, a ...
Chancellor Rachel Reeves has confirmed that more pensioners will be eligible for the Winter Fuel Payment this year, signalling a U-turn on one of Labour’s earliest and most contentious policies. The payment – worth up to £300 – had previously been limited to those receiving pension credit, cutting support to around 10 million pensioners in 2024. The restriction was widely ...
A legal tech startup helping workers represent themselves in employment disputes has secured £2 million in fresh funding, as investors prepare for a likely surge in workplace grievances under the Labour government’s incoming reforms. Valla, the Edinburgh-based platform founded in 2022, has been backed by venture capital firms Ada Ventures, Active Partners and Portfolio Ventures, alongside social justice think tank ...
TikTok has formed a new SME Council to give Britain’s small businesses a bigger say in the evolving digital economy, bringing together entrepreneurs, founders, and content creators who have used the platform to fuel growth. The inaugural gathering of the council, held at Stoke-on-Trent town hall, saw 20 small and medium-sized business owners from across the UK convene to share ...
More than 120 firms from Britain’s £60 billion facilities management (FM) sector have signed an open letter to the government warning that the proposed Employment Rights Bill could have damaging consequences for both employers and workers. The letter, co-authored by Dominic Ponniah, CEO of London-based Cleanology, and Malcolm Hills, CEO of Think FM, expresses “deep concern” over elements of the ...
The government has unveiled a wide-reaching package of housebuilding reforms designed to unlock small-scale development and reinvigorate the role of SME housebuilders — and the ripple effects could benefit small businesses across the board. At the heart of the reforms is a £100 million loan fund targeted at SME construction firms, alongside changes to planning rules, land access and project ...
Chancellor Rachel Reeves has unveiled a £15.6 billion package to fund trams, trains and bus networks outside London, as Labour seeks to reset the political narrative ahead of a difficult spending review. The move is designed to reassure restless MPs—many representing marginal seats—that the government’s capital investment plans will deliver tangible improvements in infrastructure, jobs and growth in the regions. ...
UK steelmakers have narrowly avoided being hit with a damaging 50% import tariff by the United States – for now – after President Trump signed an Executive Order confirming that the UK will remain under the existing 25% tariff while a new bilateral steel agreement is finalised. The temporary reprieve comes despite earlier warnings that British steel exports would face ...
Coventry-based defence manufacturer NP Aerospace has secured a multi-million-pound funding package from NatWest, designed to support the company’s international growth and boost its exporting capacity. The finance deal includes a UK Export Finance-backed Trade Finance Facility, as well as capital investment support from Lombard, and is expected to create new jobs as the company scales operations. NatWest and Lombard have ...
The beloved acoustic and folk music chain aims to raise £190,000 to secure its future and invest in growth, with support from none other than Sir Paul McCartney. Hobgoblin Music, the UK’s best-known family-run music store chain, has launched its first-ever crowdfunding campaign in a bid to keep its high street presence alive and thriving. The campaign, now open for ...