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Small Business Commissioner to be given power to fine big firms that fail to pay suppliers on time

Fines for the worst offending big businesses are among new government measures aimed at tackling late payments suffered by small firms. The ability to impose...

UK citizens to get 30 days visa-free travel to China

UK citizens will be able to travel to China without a visa for 30 days, prime minister Keir Starmer has announced during his trade...

Banks commit to lend £11 billion to small businesses for exporting

The UK’s five biggest banks have committed to lend £11 billion to businesses, with a particular focus on helping small and medium firms to...

British Business Bank’s £25 million investment in AI business among government announcements on support for UK scale-ups

Business secretary Peter Kyle has made several announcements around government support for scaling businesses, including £25 million for an Octopus Energy spinoff and consultations...

Rachel Reeves confirms ‘additional support’ is on its way to help pubs hit by business rates rise

Chancellor Rachel Reeves has confirmed that the government will announce extra support for pubs in England facing hikes in business rates as a result...

Employment Rights Bill receives Royal Assent

After months of debate, the Employment Rights Bill has received Royal Assent and is now law. The Act, which applies to England, Wales and Scotland,...

Business groups call on Parliament to pass Employment Rights Bill despite ‘concerns’

Six business groups have said the Employment Rights Bill should now be passed after they reached a compromise on day one rights for unfair...

Government drops plan for unfair dismissal day-one protection after pressure from business groups

The government has ditched its election manifesto commitment to provide all workers with the right to claim unfair dismissal from their first day in...

Government targets ‘pointless admin’ in ‘blitz’ to slash red tape for businesses

Chancellor Rachel Reeves has announced a “blitz on business bureaucracy” to cut red tape and regulations in an effort to save UK businesses £6bn...

Three UK regions given extra £20 million to boost science and technology

Greater Manchester, West Midlands and Glasgow City Region have been given an extra £20 million to support the growth of science and technology innovations.  In...
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