News
July 20, 2026
Expansion of SME growth scheme
The Chancellor, Rachel Reeves, has announced an expansion of the British Business Bank’s (BBB) Growth Guarantee Scheme (GGS). This provides a 70% government guarantee on commercial loans to SMEs of up to £2 million, cutting credit risk.
July 16, 2026
New proposals to tackle Electronic Sales Suppression
The government is consulting on potential measures that target Electronic Sales Suppression (ESS). Proposals include the introduction of new software standards for Point of Sale systems. Electronic Sales Suppression (ESS) involves businesses using software or devices to manipulate Electronic Point of Sale (EPOS) systems to hide transactions and evade tax.
June 8, 2026
Why every growing business needs a business plan
You have the idea, the energy, and maybe even your first customers. So why slow down to write a business plan? It can seem like something banks ask for, but not something that really helps you run your business.
June 4, 2026
Temporary VAT reduction on children’s meals, tickets and family attractions
The government has announced a temporary reduced rate of VAT for children’s meals in restaurants and family leisure activities over the summer.
June 3, 2026
Companies House and the IPO warn about fake payment requests
Companies House and the Intellectual Property Office (IPO) are asking businesses to take special care of misleading requests for payment sent by fraudulent organisations.
June 1, 2026
Late payment legislation laid before Parliament
Following its mention in the King’s Speech, the Small Business Protections Bill has now been put before Parliament.
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