UK

The UK’s small businesses should be fuelling the country’s growth ambitions. Here’s why that’s not happening

Today a van, tomorrow the world … with the right support. jgolby/ShutterstockThe UK government’s spending review has set out its priorities for the next three years. But behind the rhetoric about boosting growth lies growing concern about small businesses being locked out of the wider UK economy. Government funding and regulation are increasingly out of step with the reality of micro-enterprises and sole traders, shutting off their potential to boost GDP growth.

Spending review delivers big boosts for health and defence – but Rachel Reeves is focused on investment

UK chancellor Rachel Reeves has delivered the government’s spending review, setting out its plans and priorities for the next three years. The aim of the review is of course to allocate spending over that time period – but this government is keen for economic growth and so has directed the funds to try to boost GDP. This approach could work but is particularly challenging in an uncertain global environment.

Where should governments spend your money? The impossible maths of political and moral decisions

Whenever the UK government decides to spend public money on a new project, it needs to weigh up the costs against the value of the benefits it hopes to achieve. And it’s rarely a simple calculation.

This is why Chancellor Rachel Reeves is changing the Treasury’s “green book” of rules which dictate how investment plans are made. Those rules, and the calculations they support, do not always work.

Shoemaker Clarks is turning 200. Its Quaker roots made it a pioneer of ethical business

DELBO ANDREA/ShutterstockFor many, the Clarks brand is a byword for sturdy school shoes and functional footwear for those of more mature years. The manufacturing and retailing company was set up two centuries ago in Somerset, England, in the shadows of Glastonbury Tor, by brothers Cyrus and James Clark. In 2025, it is celebrating its 200th anniversary and remains a formidable force both on the high street and online.

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