HMRC and government departments have updated UK preferential tariff reference documents. SMEs that import from trade-agreement countries should check commodity codes, origin evidence and landed-cost assumptions before the next shipment.
A new Insolvency Service study says Members’ Voluntary Liquidations are generally working effectively. For SME owners, the useful point is knowing when an MVL may be relevant, what it is designed to do, and why professional advice matters.
UK borrowing came in above expectations in May. For small businesses, the practical issue is what tighter public finances and uncertain interest rates mean for cash flow, borrowing and costs.