News | SRC Advisory

November 12, 2026

Consultation indicates Founders’ Relief technicalities

The government has published a technical consultation on its new Founders’ Relief. The consultation itself provides an overview of the proposed qualifying conditions for it, including individual and company requirements and what must be satisfied. HMRC’s own figures, however, show that the strict conditions mean only about 600 individuals will be eligible to apply each year.

November 11, 2026

Costs of borrowing up

It’s bad news for mortgage holders and borrowers as the Bank of England (BoE) raises interest rates by a quarter point to 4% for the first time since August 2023.

October 22, 2026

OECD Downgrades UK Growth Forecast, Citing Debt and Trade Barriers

The UK’s economic growth is set to slow more than expected, according to the Organisation for Economic Co-operation and Development (OECD), which has downgraded its forecast for 2025 to 1.3%, down from 1.4% earlier this year.

October 22, 2026

Emissions Cutting Trial to Benefit Hospitality Businesses

The government has published details of a new emissions cutting trial that could benefit UK pubs, cafes, restaurants and hotels.

October 22, 2026

Named and Shamed: Employers Failing to Pay Minimum Wage

In its latest round of investigations, HM Revenue and Customs (HMRC) have named 518 employers who have failed to pay the National Living or National Minimum Wage correctly to their staff.

October 22, 2026

Why You Shouldn’t Ignore Old Tech: New Guidance from the NCSC

The National Cyber Security Centre (NCSC) has released new guidance on how to properly retire old digital systems and devices – a process known as decommissioning. The guidance is aimed at IT teams, but there are useful takeaways for any small business that uses computers, software or online systems.

October 22, 2026

FSB Updates Guidance on Employers’ Liability Insurance

The Federation of Small Businesses (FSB) has recently updated its guidance on Employers’ Liability insurance - a useful reminder of the rules and risks around a business insurance that is legally required in the UK.

October 22, 2026

When is Diversification a Good Business Strategy?

It’s long been said that putting all your eggs in one basket is risky. Many small business owners may fear that risk of becoming a reality.

October 22, 2026

What Should You Do If You’re the Victim of a Data Breach

There has been much media attention on the recent cyber-attacks affecting high street retailers. If you or your business is a customer of these businesses, you may have received communications alerting you to the fact that your data was included in the breach. If so, you may be wondering what you should do to protect yourself.

October 22, 2026

New Buy-Now, Pay-Later Rules Announced

From next year, Buy-Now, Pay-Later (BNPL) firms will need to work within a stricter regulatory framework. Following last year’s consultation, the government has now laid legislation before Parliament to bring BNPL under formal regulation, aiming to end what’s been called the “wild west” of unregulated borrowing.