Category: Small business

‘Unfair banking’ and ‘damaging’ financial rules harming UK’s small firms, MPs warn

Treasury committee says ‘debanking’ and use of personal guarantees for loans is putting small businesses at riskUnfair banking practices and “damaging” financial regulators are harming small businesses...

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Labour vows to cut financial ‘red tape’’ and ‘unashamedly champion’ UK sector

Report shows Labour move to scrap many rules and processes as party denies plan will dilute consumer protectionsMartha Lane Fox: green economy must be next UK government’s No 1 priority Labour has pledged to...

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British exporters call on government to ease post-Brexit trade frictions with EU

Though Johnson promised ‘no non-tariff barriers’, firms say they are struggling under ‘compliance burden’ of customs and safety checksAlmost two-thirds of British exporters have said selling to the EU has...

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British manufacturers’ share of EU business falls despite global trade boom

Make UK report says post-Brexit structural shift in trade is particularly hurting factories in north-west and West MidlandsFactories in England and Wales are seeing a downward trend in the share of their trade going to the EU,...

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‘Shops will close’: soaring cost of potatoes batters British chippies

The once humble, low-cost staple more than doubles in price, putting many fish and chip shops at riskWhether it’s fried, baked or mashed, potatoes have traditionally been a low-cost staple food in the UK – but not...

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More than 1m UK small businesses ‘trapped in high-cost energy tariffs’

Trade groups say many firms had to renew contracts at market peak in ‘biggest mis-selling scandal since PPI’More than 1m small businesses may be paying energy bills significantly above market rates after becoming...

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‘We won’t be here for long’: UK firms fear the worst as energy bill support ends

Bills could rise by as much as 133% when new cap is introduced this weekend, say analystsThousands of small businesses risk going bust as “brutal” energy bills are to double with the end of a government support...

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