
FCA finds no evidence its rules block SME access to finance
The Financial Conduct Authority has found no evidence that its own rules are a major barrier to SME access to finance, in a review published yesterday.
The latest news affecting small and medium sized (SME) businesses in the UK

The Financial Conduct Authority has found no evidence that its own rules are a major barrier to SME access to finance, in a review published yesterday.

Five founders each receive £20,000 and mentoring as the Reed entrepreneurs fund names its first winners, part of a plan to back 66 young entrepreneurs.

Study of 13 developed economies puts the UK business owner tax burden fourth highest once inheritance tax on a £1.2m estate is included in the total.

The Insolvency Service has secured its first convictions for identity verification offences, with three company directors fined at magistrates' court.

Next has paid £2.3m for the Jools Oliver Little Bird children's clothing brand, a sum £800,000 higher than the couple's latest Jamie Oliver Group dividend.

The Ladbrokes and Coral owner plans 400 redundancies, and has told the Prime Minister a gambling tax rise on slot machines would cost it £100m a…

KPMG job cuts will hit about 200 UK advisory roles across all grades, as the Big Four firm says too few consultants are leaving of their…
![Sam Altman, chief executive of ChatGPT maker OpenAI, said yesterday that the public should trust AI companies to keep the technology safe, while accepting that people were right to be concerned about its risks. Nvidia's Jensen Huang said no new laws or regulations were needed, and Mark Zuckerberg argued labs have strong incentives to focus on safety. Critics including Bernie Sanders, Steve Bannon and Yoshua Bengio say oversight cannot be left to the industry, while Anthropic co-founder Jack Clark warned an unregulated sector means "rolling dice with immense risks". Should AI firms be trusted to regulate themselves? Read the full story: [ARTICLE URL] #AI #AIRegulation #Technology](https://bmmagazine.co.uk/wp-content/uploads/2026/09/Sam_Altman_Marc_Benioff-420x236.jpg)
Sam Altman told Salesforce's Dreamforce the world should trust AI firms, as the debate over AI self-regulation draws in Zuckerberg, Huang and Sanders

Economists warn that budget tax rises or spending cuts worth about £10bn look unavoidable for John Healey as government borrowing costs continue to climb.

The McLaren Automotive investment programme, backed by Abu Dhabi's L'IMAD, will expand UK manufacturing and double the carmaker's factory workforce.

Nvidia chief executive Jensen Huang has rejected calls for AI regulation, saying market forces can manage the risks as rival bosses clash over safety.

At the Canada Investment Summit in Toronto, Mark Carney announced airport concessions, immediate expensing for most new capital and faster approvals.

The government is drawing up plans to nationalise Speciality Steel UK, the UK's third-largest steelworks, after rejecting a bidder's financing plan.