The John Lewis Partnership has announced that Managing Director Peter Ruis will step down as Managing Director of the John Lewis retail brand. Peter Ruis returned to John Lewis in January 2024, after a number of retail leadership roles, having previously been with the retailer for nine years, … [Read more...]
News for: General Business News
British Business Bank to boost support for investors in UK start-ups
The British Business Bank will support investors in UK start-ups through a next £100 million phase of its Investor Pathways Capital Initiative. The initiative, which will invest £400 million in total, helps fund managers provide the catalytic early capital that innovative, early-stage businesses … [Read more...]
Businesses backing local young people to be prioritised for Government contracts
New rules for Government procurement will strengthen the bids of businesses that commit to their local communities and support young people into employment. Changes will double the importance of creating local benefits when the government buys goods or services, ensuring spending directly creates … [Read more...]
Chancellor confirms date of Budget
Chancellor of the Exchequer, John Healey, has confirmed that his first Budget will take place on Wednesday 28th October. Announcing the Budget date in a short video, Healey promised to move money "out of Westminster, and into every postcode around Britain" while remaining grounded in the fiscal … [Read more...]
Regional mayors to retain share of income tax and business rates
Prime Minister Andy Burnham has announced plans to transfer greater powers to regional mayors to control finances in their areas by enabling them to retain a share of income tax and business rates revenues. Changes will mean regional leaders will keep more of the rewards when delivering policies … [Read more...]
British Business Bank supports £9.4 billion of finance for smaller business
The British Business Bank has supported £9.4 billion of finance for small businesses in the 2025/26 financial year - £1.3 billion was public funding, £4.3 billion was private capital crowded in by the Bank, and £3.7 billion came through lending the Bank guaranteed. The Bank's annual Impact … [Read more...]
Deadline approaches for first Making Tax Digital quarterly update
More than 864,000 sole traders and landlords within scope of Making Tax Digital (MTD) for Income Tax have until 7th August to submit their first quarterly update. The quarterly update covers income and expenses for the first three months of the tax year for those earning more than £50,000 from … [Read more...]
Education reforms to raise the profile of technical education nationwide
Prime Minister Andy Burnham has announced changes to the education system that will raise of the profile of technical education by offering new pathways for Year 10 students. From age 14 (Year 10), students will have the chance to combine core academic subjects – including English, maths and … [Read more...]
Stockport brewery welcomes business rates cuts for pubs
Following Prime Minister Andy Burnham's announcement of cuts to business rates for pubs, Stockport-based brewery and pub operator Robinsons Brewery has welcomed the support for the sector. The 20% cut to business rates for pub, social clubs and live music venues – described by the Prime Minister … [Read more...]
Andy Burnham appoints new Cabinet
Andy Burnham, has appointed his new Cabinet after being made Prime Minister on 20th July, and set out his vision for his premiership. Speaking outside No 10 Downing Street, the former Greater Manchester Mayor outlined his government would begin work on a 10-year strategy for the UK, as well as … [Read more...]
Tax advisers have less than one month to register under new requirements
HMRC is warning tax advisers that they have less than one month to register under new mandatory requirements that come into force in August. The first phase of Modernising and Mandating Tax Adviser Registration (MMTAR) closes on 18 August 2026 for new tax advisers, or advisers interacting … [Read more...]
Andy Burnham becomes next UK Prime Minister
Former Greater Manchester Mayor, Andy Burnham is to become the next UK Prime Minister, after being confirmed as Leader of the Labour Party on Friday, 17th July. Burnham (pictured during a BBC Breakfast interview during his tenure as Greater Manchester Mayor) was elected to Parliament following … [Read more...]
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