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Latest News:

  • New guidance set to tackle the mental health toll of late payments
  • NatWest targets 50,000 founders as more small businesses look for support beyond funding
  • Electricians and welders set to be UK’s highest-earning trades in 2026, research finds
  • Most self-employed and freelancers failing to save for retirement, Aviva finds
  • Eight days left to file self assessment as HMRC warns of automatic £100 penalty
  • January tax windfall set to boost HMRC coffers amid self-assessment rush
  • Tax returns driving regret as self-employed Brits rethink going solo
  • New EU customs duties set to hit UK small businesses, warns BCC
  • 5,500 small businesses demand urgent review of business rates in open letter to Reeves
  • Small business owners warn of a ‘perfect storm’ of pressures heading into 2026

Category: News

Stay informed with the latest UK self-employed news, small-business policy changes, tax updates and freelancer market trends.

Larry Ellison, the 81-year-old co-founder of Oracle, has leapfrogged Elon Musk to become the world’s richest individual after a surge in demand for artificial intelligence services sent Oracle shares soaring.

Larry Ellison overtakes Elon Musk as world’s richest man amid AI boom

11 September 2025 News Jamie Young 0 Comments

Oracle founder Larry Ellison has surpassed Elon Musk as the world’s richest man, with his fortune surging to $393bn after AI-fuelled demand sent Oracle shares soaring 40%.

Merck, the American pharmaceuticals group known as MSD in Europe, has dealt a significant blow to the government’s ambitions to build a world-leading life sciences economy by scrapping its £1 billion plan for a new London headquarters.

Merck halts £1bn London HQ as pharma giant attacks UK support for life sciences

11 September 2025 News Jamie Young 0 Comments

US drugmaker Merck scraps plans for a £1bn London research hub and cuts UK discovery operations, criticising government undervaluation of innovative medicines and NHS pricing policies.

In her debut Budget, Chancellor Rachel Reeves has introduced £40bn in tax hikes, largely focused on increasing employer National Insurance Contributions (NICs) and implementing a temporary repatriation facility for non-domiciled individuals.

Starmer strengthens grip on economic policy with new Budget Board

10 September 2025 News Jamie Young 0 Comments

Keir Starmer tightens control of economic policy by creating a cross-government Budget Board ahead of November’s Autumn Statement, aiming to restore business confidence.

Formula 1 drivers Isack Hadjar and Liam Lawson of the Visa Cash App Racing Bulls (VCARB) team have taken an unusual step to thank their hardworking pit crew: asking fans and creatives to design a bold, one-of-a-kind helmet through Airtasker.

VCARB F1 drivers Hadjar and Lawson turn to Airtasker for bold helmet designs

10 September 2025 News Paul Jones 0 Comments

Formula 1 drivers Isack Hadjar and Liam Lawson launch a £500 Airtasker challenge for fans to design special edition helmets as a surprise for their pit crew.

A sweeping new round of tariffs from President Trump has sent shockwaves through global markets, wiping billions of euros off the value of major European carmakers and dealing a fresh blow to the UK’s automotive sector.

UK automotive sector drives £115bn trade five years after Brexit

10 September 2025 News Paul Jones 0 Comments

The UK’s automotive sector remains a £115bn global trading powerhouse five years after Brexit, with EV exports to Europe soaring 424%. But looming 2027 battery tariff rules could derail growth unless urgent action is taken.

The UK is set to get its first-ever “super-university” as the Universities of Kent and Greenwich prepare to merge from autumn 2026.

UK’s first ‘super-university’ to launch in 2026 as Kent and Greenwich merge

10 September 2025 News Paul Jones 0 Comments

The Universities of Kent and Greenwich will merge in 2026 to form the UK’s first regional ‘super-university’, spanning London and the South East.

Cefinn, the womenswear brand founded by Samantha Cameron, is to be wound down after years of losses, bringing an end to a label once worn by the Princess of Wales and Queen Camilla.

Samantha Cameron to wind down Cefinn after years of losses

10 September 2025 News Jamie Young 0 Comments

Cefinn, the womenswear label founded by Samantha Cameron and worn by the Princess of Wales and Queen Camilla, is to close after years of losses amid wholesale turmoil, rising costs and post-Brexit trading pressures.

Farmers across England say they feel “abandoned” as thousands of long-standing environmental land management contracts are due to expire at the end of the year, with no clear replacement in place.

UK Farmers feel ‘abandoned’ as thousands of Countryside Stewardship contracts end

9 September 20259 September 2025 News Jamie Young 0 Comments

More than 5,800 Countryside Stewardship agreements are set to end in December, leaving farmers warning of environmental damage and financial uncertainty as they await new government schemes.

Staff at HM Revenue and Customs (HMRC) have taken more than half a million sick days in each of the past three years, fuelling concerns over productivity and taxpayer service levels.

HMRC staff take 500,000 sick days a year as millions of taxpayer calls go unanswered

9 September 2025 News Jamie Young 0 Comments

HMRC staff took more than half a million sick days last year, new figures show, as the tax office also admitted four million calls from taxpayers are going unanswered annually.

Tottenham Hotspur have moved to quash speculation over a potential sale, confirming they have rejected two preliminary takeover approaches — one from Amanda Staveley’s PCP International Finance and the other from a Chinese consortium.

Tottenham Hotspur reject takeover approaches from Amanda Staveley and Chinese consortium

8 September 2025 News Paul Jones 0 Comments

Tottenham Hotspur have confirmed they rejected preliminary takeover interest from Amanda Staveley’s PCP International Finance and a Chinese investor group, insisting majority shareholder Enic has “no intention” of selling.

Gold has surged to a fresh record high above $3,600 an ounce as investors increase bets that the US Federal Reserve will cut interest rates this month, fuelling demand for the traditional safe-haven asset.

Gold surges past $3,600 an ounce as investors bet on US rate cuts

8 September 2025 News Jamie Young 0 Comments

The gold price has climbed to a record $3,614 an ounce as investors anticipate a Federal Reserve rate cut and weigh uncertainty over US trade policy, inflation, and the dollar’s role in global markets.

Barclays has reported a 19 per cent rise in first-quarter profits, as market turmoil driven by Donald Trump’s return to the White House boosted trading revenues across its investment banking arm. The FTSE 100 lender posted pre-tax profits of £2.7 billion for the three months to the end of March, beating City forecasts of £2.5 billion. The performance was powered by a surge in revenues from Barclays’ markets division, which capitalised on investor reaction to sweeping policy changes by the Trump administration. Revenues in the markets business climbed 16 per cent year-on-year to nearly £2.7 billion, driven by a 21 per cent increase in fixed income, currencies and commodities trading, and a 9 per cent rise in equities. Activity soared as traders helped clients rapidly rebalance portfolios in response to new US trade and economic measures. The gains offset a rise in loan loss provisions across the group, which increased to £643 million from £513 million a year earlier. Barclays said this included a £74 million charge for “elevated US macroeconomic uncertainty”, reflecting the potential impact of Trump’s newly imposed global tariffs. The results mark a win for chief executive CS Venkatakrishnan, known as Venkat, who unveiled a three-year transformation plan in early 2023 to revive shareholder confidence and reposition the bank. His strategy includes rebalancing Barclays away from its historically volatile investment banking arm and bolstering its UK consumer and corporate businesses, alongside a commitment to return £10 billion to shareholders by the end of 2026. Investment banking fees also saw a strong uplift, rising 16 per cent to £1.2 billion from advising on takeovers, capital raises, and debt issuance. Despite the market gains, challenges remain for Barclays as it navigates a shifting global landscape. Trump’s new trade tariffs, including heavy levies on Chinese goods, pose risks to the global economy and could threaten growth in the UK and US — key markets for the bank. Venkat acknowledged the uncertain backdrop but struck an optimistic tone: “Our high quality, diversified businesses, together with proactive risk, capital and liquidity management and a robust balance sheet, position us well to support our customers and clients and deliver strong risk-adjusted returns in a wide range of macroeconomic scenarios.” Barclays shares have performed strongly since Venkat’s turnaround plan was announced last year, but ongoing geopolitical and economic volatility may test the resilience of his strategy in the months ahead.

Barclays faces complaint over alleged anti-Semitism at Leicester branch

7 September 2025 News Paul Jones 0 Comments

Barclays Bank has received a formal complaint from journalist Martin Blackham alleging anti-Semitism at its Leicester branch after his account was frozen, prompting calls for an urgent investigation.

Labour ministers are weighing reforms to the European Convention on Human Rights (ECHR) as part of a rightward shift on migration aimed at halting Reform UK’s advance, with polls showing Nigel Farage’s party opening up a double-digit lead.

Labour weighs human rights reform as Mahmood shifts right on migration to counter Reform UK

7 September 2025 News Jamie Young 0 Comments

Home secretary Shabana Mahmood is considering reforms to the European Convention on Human Rights as Labour seeks to blunt Reform UK’s advance, with new asylum policies and returns deals also in play.

UK farm incomes have stagnated since the 1970s, a new report finds, as consolidation in the supply chain and new taxes threaten Britain’s agricultural sector.

M&S calls on ministers to rethink farm inheritance tax reforms amid rural backlash

7 September 2025 News Jamie Young 0 Comments

Marks & Spencer has urged environment secretary Emma Reynolds to back farmers and rethink Labour’s proposed inheritance tax reforms, warning that Britain needs a clear legal commitment to domestic food production.

Newly appointed business and trade secretary Peter Kyle has pledged to pursue an “ambitious” growth agenda, telling senior executives that the government should play an active role in creating the UK’s first trillion-dollar company.

Peter Kyle sets sights on UK’s first $1trn company in ‘ambitious’ growth pledge as he replaces Jonathan Reynolds as business minister

6 September 20256 September 2025 News Paul Jones 0 Comments

New business secretary Peter Kyle has vowed to deliver an “ambitious” growth agenda, telling UK bosses he wants government to help create Britain’s first $1trn company and make the UK the best place to scale a business.

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Latest Content

The mental health impact of late payments is finally being acknowledged, with new guidance launched to help freelancers and small business owners cope when cashflow uncertainty starts to bite.

New guidance set to tackle the mental health toll of late payments

New guidance highlights the mental health impact of late payments, but freelancers say enforcement — not wellbeing advice — is what’s really needed.

NatWest targets 50,000 founders as more small businesses look for support beyond funding

“I can’t afford to train people anymore”: why UK’s top tradesman is leaving the country

Act now: 864,000 sole traders and landlords are about to get dragged into digital tax

UK fintech Sidekick raises £7.8m to open up private-bank style investing to professionals

American Express rolls out flexible payment option for small businesses feeling the cashflow squeeze

Electricians and welders set to be UK’s highest-earning trades in 2026, research finds

Most self-employed and freelancers failing to save for retirement, Aviva finds

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