News

The news section on Small Business UK allows you to keep up to date with the latest news, economic trends and regulatory developments affecting new and established UK small businesses.

81% of entrepreneurs work while on holiday

61% of small business owners say they feel more like sweatshop workers than the glamorous ‘rockstar’ image put about by Elon Musk

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Small firms account for 56% of UK tax gap

The government's latest Measuring tax gaps report shows that small businesses account for over half of the UK tax gap

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Small business investment fell by 11% in 2022, as market conditions worsen

Situation for small businesses trying to raise equity even worse this year, with 28% decline in first three months of this year, compared with last quarter of 2022

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Making Tax Digital will set firms back £1.5bn in upfront costs

Making Tax Digital set to knock businesses back by £1.5bn in upfront costs, highlights the government's spending watchdog.

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25% of online purchases abandoned due to delivery gripes

Almost £32m of online sales are abandoned at checkout because of frustrations over high delivery fees, slow speeds and limited options

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Win a pop-up shop space on London’s Oxford Street

We've teamed up with Sage to bring you the chance to win a pop-shop space on Oxford Street. Read on to find out how to enter

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Minister mulls U-turn on VAT-free shopping

Business minister asks businesses hurt by scrapping VAT-free shopping for overseas visitors to provide him with ‘data and information’

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Business fraud costs firms £16,000 for each incident

Fraud cost companies tens of thousands of pounds each time they are victimised but most do not bother to report incidents to police

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Minister mulls U-turn on VAT-free shopping

Business minister asks businesses hurt by scrapping VAT-free shopping for overseas visitors to provide him with ‘data and information’

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Business fraud costs firms £16,000 for each incident

Fraud cost companies tens of thousands of pounds each time they are victimised but most do not bother to report incidents to police

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Suppliers urged to shrink costly energy deals

Over 90,000 businesses face closure or downsizing, being stuck on exorbitant fixed-price energy deals compared to current market prices

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Entrepreneurs made £11.8bn selling firms in the past year

Business owners have been selling their firms – but total sales figures are down significantly compared to previous years

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80 per cent of UK tech start-ups investing in skills to mitigate gaps

With almost half of small businesses surveyed by the Department for Education citing a lack of skilled staff as a concern, investment in this challenge proves widespread among UK tech start-ups

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