UK SMEs Miss Growth Due to Finance Gaps, Lovey Report
A new report by Lovey reveals that 81% of UK SMEs missed opportunities in 2025 due to lack of finance, with tax burdens and rising costs as key barriers to growth.
A new report by Lovey reveals that 81% of UK SMEs missed opportunities in 2025 due to lack of finance, with tax burdens and rising costs as key barriers to growth.
While the UK government promotes AI training, businesses face challenges in adoption. Experts reveal slow implementation rates and the importance of human touch in an AI-driven world.
The BMW iX3, part of the Neue Klasse lineup, offers a groundbreaking 500-mile electric range and innovative features like Panoramic iDrive, redefining luxury SUVs.
Cardiff-based fintech Pockit has secured venture debt from Spanish railway architect Santiago Calatrava through an offshore company, marking an unusual funding move in the UK tech sector.
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RecommendedBanking leader Goodwin asserts the industry faces no retention issues, highlighting strong employee loyalty and competitive compensation in the financial sector.
Major UK business organizations warn against scrapping the Regulatory Policy Committee, calling it fundamental for scrutinizing red tape impact on firms as ministers review its role.
The Regulatory Policy Committee faces potential abolition by the government, sparking alarm from business groups who warn it would remove vital independent scrutiny of red tape costs.
A federal judge has dismissed a lawsuit alleging that a New York taqueria's spicy sauce caused severe injuries, citing insufficient evidence and lack of causation.
Chinese-owned Syngenta is building a £100m bioscience research centre in Berkshire, focusing on biological pesticides and AI tools. The UK government hails it as a confidence boost in science.
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RecommendedBritain's largest car park operator NCP has filed for administration, putting over 1,000 jobs in jeopardy. The company reported declining revenues and faced criticism over incorrect fines.
Professional window cleaner Kieron Fosher shares insider tips for perfect windows at home, discusses earnings potential, and reveals awkward ladder encounters in this career feature.
Simba launches an innovative Cool Foam Mattress Topper designed specifically for hot sleepers, featuring advanced airflow technology and heat-drawing graphite particles to transform sleep comfort.
Self-employed individuals with turnover over £50,000 must adopt Making Tax Digital from April 6, transitioning from annual to quarterly digital tax returns through HMRC's new system.
A London auditor reveals how he saved £300,000 by age 30 through extreme frugality, including using the same pillow for 12 years and investing in stocks, while now balancing life with intentional splurges.
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RecommendedThe National Audit Office reveals that keeping British Steel's Scunthorpe blast furnaces operational could exceed £1.5bn by 2028, with daily costs reaching £1.3 million.
The Victorian government has agreed to a $125 million settlement with businesses affected by the 2020 pandemic lockdowns, concluding years of legal battles over economic losses.
Charlie Weale, the cafe owner featured in Labour's 2024 manifesto, expresses frustration with recent minimum wage hikes and poor government communication, though he remains cautiously supportive.
British startups face premature exits due to inadequate tax incentives for scaling, with proposals for reinvestment relief to retain talent and capital domestically.
New research reveals UK small businesses spend £36bn and lose 379 million hours annually on compliance, pressuring Labour to accelerate deregulation efforts.
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RecommendedA major security glitch at Companies House allowed unauthorized access to corporate data, exposing millions of firms to potential fraud. Business directors are urged to verify their details immediately.
A Japanese furniture company's electric gaming desk transforms into a bed, allowing users to work, eat, and sleep without leaving their chair. Health experts warn this could exacerbate screen time and sedentary lifestyle issues among remote workers.
A major operation by the Metropolitan Police and Food Standards Agency has resulted in the seizure of 67,000 bottles of counterfeit wine and prosecco valued at £500,000 from warehouses in North London and Essex.
British farmers like James Cox confront soaring fertiliser and fuel prices due to Middle East conflict disrupting global trade routes, threatening food production and household staples.
The UK's most remote inhabited island, Fair Isle with just 50 residents, is searching for resourceful newcomers to take on a croft tenancy and help grow its population through the National Trust for Scotland.
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RecommendedBjorn Salubi from Bexley founded 'Hatitude' at age nine, selling flat caps with positive affirmations to inspire confidence. The young entrepreneur has won awards and performed at Buckingham Palace.
Santander is shutting 40 branches across the UK in April and May 2026, putting 291 jobs at risk as digital banking usage soars to 96% of transactions.
Lucie Chamberlain, 35, becomes the first female chimney sweep at H Firkins and Sons, a London firm dating back to 1860, challenging gender norms in the trade.
Money expert Martin Lewis advises consumers to bulk-buy non-price-marked stamps before Royal Mail increases costs on April 7, potentially saving money as postal rates continue to climb.
Discover why the Nescafé Dolce Gusto Genio S Automatic by De'Longhi, now 36% off on Amazon, stands out with its compact design, 15-bar pressure, and over 40 drink options, transforming daily coffee routines.
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RecommendedLaw firm Simmons & Simmons is preparing to move its Middle East-based staff to its London office, impacting roles in Dubai and Abu Dhabi as part of a strategic realignment.