
UK borrowing hits £18.3bn in August as debt interest costs climb
UK borrowing rose to £18.3bn in August, beating forecasts as debt interest costs hit an August record five weeks before John Healey's first budget.
The latest news affecting small and medium sized (SME) businesses in the UK

UK borrowing rose to £18.3bn in August, beating forecasts as debt interest costs hit an August record five weeks before John Healey's first budget.

Sir Jim Ratcliffe's chemicals group is mothballing its Ineos Hull plants, saying UK gas prices leave them unable to compete with US and Chinese rivals

Data from SafetyMode links WhatsApp harmful content to seven in ten alerts on children's phones from apps outside the Government's planned U16 ban.

Airbus Broughton jobs will rise by nearly 900 as the planemaker hires 430 this year and refits its empty A380 wing plant to build the long-range…

The Sprive mortgage app, backed by three Dragons' Den investors, has closed a $10m series A round and says it has saved users more than £300m…

Kemi Badenoch says a Tory government would restore tax-free shopping for international visitors, reversing the 2021 decision to scrap VAT refunds.

The Conservative leader blamed the wealth exodus on Labour tax policy, citing Sir Jim Ratcliffe, Fred Done and the hedge fund founder Chris Rokos.

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 monetary policy committee held rates at 3.75 per cent for a sixth meeting, but Andrew Bailey warned an interest rate rise would follow a longer…

Paul Smith's executive chairman has called the Harvey Nichols takeover by Frasers "dubious", as suppliers owed £270.5m expect under 15 per cent back.

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.