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Business Matters The UKs largest monthly business magazine. Focusing on owners of SME businesses and how to work smarter not harder.

Could motor finance become the next PPI scandal?https://bit.ly/3AdUBkf
01/11/2024

Could motor finance become the next PPI scandal?
https://bit.ly/3AdUBkf

With a recent court ruling on hidden commissions in motor finance, the UK faces potential compensation claims that could rival the PPI scandal. Discover the impact on banks and consumers.

UK shoplifting offences reach record high as over 1.2m cases logged since 2019https://bit.ly/3Asd9gz
01/11/2024

UK shoplifting offences reach record high as over 1.2m cases logged since 2019
https://bit.ly/3Asd9gz

UK shoplifting hits all-time high with 344,709 cases in 2023, driven by the cost-of-living crisis. Retailers face rising losses, while police struggle to keep up.

Family businesses face new inheritance tax burden as relief cut to 50%https://bit.ly/3NM1cWa
01/11/2024

Family businesses face new inheritance tax burden as relief cut to 50%
https://bit.ly/3NM1cWa

UK family businesses will face a 20% inheritance tax from 2026 as Business Property Relief is reduced to 50%, raising concerns about viability. Learn how this could impact succession planning.

Private schools to launch legal action against VAT on fees, calling policy ‘discriminatory’https://bit.ly/48w5IkZ
01/11/2024

Private schools to launch legal action against VAT on fees, calling policy ‘discriminatory’
https://bit.ly/48w5IkZ

Private schools plan to sue Labour over VAT on fees, arguing it discriminates against special-needs and arts-focused institutions. Learn more about the legal challenge and its potential impact.

Kuberno raises £9.5m in series a funding co-led by Barclays and Nasdaq Ventureshttps://bit.ly/3YBXpzQ
01/11/2024

Kuberno raises £9.5m in series a funding co-led by Barclays and Nasdaq Ventures
https://bit.ly/3YBXpzQ

Kuberno, a leader in legal entity management software, raises £9.5M in Series A funding from Barclays and Nasdaq Ventures to drive global expansion and AI innovation. Discover their growth plans and platform advancements.

Brookfield buys £1.75bn stake in Orsted’s UK offshore wind farmshttps://bit.ly/4e7C0Ef
31/10/2024

Brookfield buys £1.75bn stake in Orsted’s UK offshore wind farms
https://bit.ly/4e7C0Ef

Brookfield, chaired by former Bank of England governor Mark Carney, has acquired a 12.45% stake in four UK offshore wind farms owned by Orsted for £1.75 billion ($2.3 billion).

Land Rover and Range Rover hybrid sales surge as EV uncertainty shifts buyer focushttps://bit.ly/3YvRxrA
31/10/2024

Land Rover and Range Rover hybrid sales surge as EV uncertainty shifts buyer focus
https://bit.ly/3YvRxrA

Amid confusion around EV timelines, demand for Land Rover and Range Rover plug-in hybrids rises. Discover how hybrid options are bridging the gap for UK consumers.

Aston Martin bleeding £1m a day as supply chain issues and china demand slump hit targetshttps://bit.ly/4f4WjUa
31/10/2024

Aston Martin bleeding £1m a day as supply chain issues and china demand slump hit targets
https://bit.ly/4f4WjUa

Aston Martin faces cash burn of £1 million daily amid missed 2024 targets and slowing demand in China. Discover the challenges facing the luxury carmaker and its revised strategy.

Budget 2024: £40bn tax hike through NIC and Capital Gains Tax leaves businesses on edgehttps://bit.ly/3YqXmXl
30/10/2024

Budget 2024: £40bn tax hike through NIC and Capital Gains Tax leaves businesses on edge
https://bit.ly/3YqXmXl

Chancellor Rachel Reeves’s first budget raises £40bn with increased employer NICs and CGT adjustments, sparking concern among UK businesses. Discover the key tax changes and their impact.

Entrepreneurs set to leave the UK as it is no longer the country for businesshttps://bit.ly/4e9pOTB
30/10/2024

Entrepreneurs set to leave the UK as it is no longer the country for business
https://bit.ly/4e9pOTB

Rachel Reeves’s budget, featuring tax hikes and cuts to business relief, may push UK entrepreneurs to relocate. Discover how the changes could impact the UK’s business landscape and entrepreneurial appeal.

Budget 2024: Record £40bn tax hike set to slow UK economic growth, warns OBRhttps://bit.ly/4f6nI88
30/10/2024

Budget 2024: Record £40bn tax hike set to slow UK economic growth, warns OBR
https://bit.ly/4f6nI88

Chancellor Rachel Reeves’s £40bn tax increase, including hikes in National Insurance and Capital Gains Tax, is projected to slow the UK’s economic growth. Discover the implications for businesses, investors, and growth prospects.

Russia fines Google $20 Decillion – more than all the money in the world – in escalating sanctions disputehttps://bit.ly...
30/10/2024

Russia fines Google $20 Decillion – more than all the money in the world – in escalating sanctions dispute
https://bit.ly/3UsBrOe

In an unprecedented move, a Russian court fines Google $20 decillion over YouTube bans on pro-Kremlin channels. Discover the astronomical figure’s backstory and Google’s response.

Rachel Reeves first Labour Budget in 14 years in detailhttps://bit.ly/40oxluc
30/10/2024

Rachel Reeves first Labour Budget in 14 years in detail
https://bit.ly/40oxluc

Rachel Reeves announces the first Labour budget in 14 years, and the first to be delivered by a female Chancellor.

Reeves pushes Bank of England to prioritise climate change alongside economic growthhttps://bit.ly/4hnY3t8
30/10/2024

Reeves pushes Bank of England to prioritise climate change alongside economic growth
https://bit.ly/4hnY3t8

In her maiden Budget, Chancellor Rachel Reeves will urge the Bank of England to prioritise climate change on par with economic growth, reversing Jeremy Hunt’s 2023 decision. Learn how this shift could impact UK policy.

Investors pull £300m from UK stocks amid inheritance tax fearshttps://bit.ly/40qBI8e
30/10/2024

Investors pull £300m from UK stocks amid inheritance tax fears
https://bit.ly/40qBI8e

With speculation mounting over an inheritance tax raid in the Budget, investors are withdrawing funds from UK stocks, particularly small and mid-cap firms. Discover how Budget uncertainty is impacting UK equity markets.

UK minimum wage to rise to £12.21 in 2025https://bit.ly/3BZg1Ss
30/10/2024

UK minimum wage to rise to £12.21 in 2025
https://bit.ly/3BZg1Ss

The UK's minimum wage will increase to £12.21 in April 2025, benefiting over three million workers. However, businesses warn the hike could impact hiring, investment, and consumer prices.

UK shop price inflation falls to three-year low as food prices easehttps://bit.ly/3YTpXWV
30/10/2024

UK shop price inflation falls to three-year low as food prices ease
https://bit.ly/3YTpXWV

Shop price inflation in the UK drops to its lowest level in over three years, with food prices falling as interest rate cuts loom. Discover how economic shifts are impacting UK retailers and consumer spending.

Bitcoin surges to $72,000 as investors eye trump election prospectshttps://bit.ly/3YLl565
30/10/2024

Bitcoin surges to $72,000 as investors eye trump election prospects
https://bit.ly/3YLl565

Bitcoin reaches a six-month high of $72,000 as investors speculate on Trump’s presidential bid and pro-crypto promises. Discover how the election could impact cryptocurrency markets.

UK car finance industry faces major disruption as lenders halt deals over commission rulinghttps://bit.ly/3UuIoP3
30/10/2024

UK car finance industry faces major disruption as lenders halt deals over commission ruling
https://bit.ly/3UuIoP3

The UK car finance industry faces turmoil after a landmark court ruling on commission disclosure. Major lenders pause credit services, raising fears of significant market disruption and possible financial fallout for banks.

Mentoring is both incredibly effective and versatile, so why is it not utilised more?https://bit.ly/4f6ozG2
30/10/2024

Mentoring is both incredibly effective and versatile, so why is it not utilised more?
https://bit.ly/4f6ozG2

There is no denying the extraordinary benefits mentoring provides for both businesses and individuals; from increasing personal confidence and motivation, to establishing a positive work culture, and increasing retention rates within organisations; the positive impacts are endless.

Top Labour donor Dale Vince says rich fleeing capital gains tax raid can ‘f— off’https://bit.ly/3AkAhh1
29/10/2024

Top Labour donor Dale Vince says rich fleeing capital gains tax raid can ‘f— off’
https://bit.ly/3AkAhh1

Labour donor Dale Vince hits out at the wealthy who threaten to leave the UK to avoid tax hikes, saying Britain would be better off without them. The green tycoon supports a fairer tax system in the upcoming budget.

UK data centre investment stalled by lack of electricity supplyhttps://bit.ly/40n63EP
29/10/2024

UK data centre investment stalled by lack of electricity supply
https://bit.ly/40n63EP

The UK’s data centre growth is hindered by grid connection delays, says Segro CEO David Sleath. Upgrading local substations could unlock “hundreds of millions” in investment for digital infrastructure.

Evri named UK’s worst delivery service as nearly half report issueshttps://bit.ly/3O3Sv9X
28/10/2024

Evri named UK’s worst delivery service as nearly half report issues
https://bit.ly/3O3Sv9X

Evri has been rated the UK's worst delivery company for the second consecutive year, with 44% of customers reporting service issues, according to Ofcom’s latest review.

Jeremy Hunt criticises OBR for timing of review release on budget dayhttps://bit.ly/3UqRaNK
28/10/2024

Jeremy Hunt criticises OBR for timing of review release on budget day
https://bit.ly/3UqRaNK

Jeremy Hunt accuses the OBR of political bias over the timing of its review on budget day, scrutinising the past government’s transparency with the fiscal watchdog.

Half of UK business owners pledge to hire if Chancellor boosts Entrepreneur’s reliefhttps://bit.ly/4fiq5V5
28/10/2024

Half of UK business owners pledge to hire if Chancellor boosts Entrepreneur’s relief
https://bit.ly/4fiq5V5

A recent Helm survey finds that half of UK business owners would expand their workforce if Entrepreneur’s Relief is raised in the Autumn Budget, highlighting entrepreneurs' calls for supportive tax policies.

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