uk government news and archive

UK government announces new support for small businesses

Chancellor of the Exchequer, Rachel Reeves, has announced that the UK government will “unlock billions in finance” for small businesses, marking one of the most significant reforms to support small and medium-sized enterprises (SMEs) in years. In a statement, HM Treasury said that 12,000 additional SMEs per year will receive support accessing...

Retail

UK Government aims to sell King's Cross stake for 500 million pounds

The Government is looking to sell its stake of the King's Cross Central development for the estimated price tag of 500 million pounds. Property agent Savills and investment bank Lazard are selling a 42.5 percent stake on behalf of the government and delivery company DHL, of the 67 acre site found around King's Cross and St Pancras Station. The...