Operating costs and economic uncertainty are top small businesses concerns

Optimism in the UK’s economic future among small businesses has tumbled heading into 2026, according to new research from iwoca. The research found that less than two-fifths (38%) of small businesses were optimistic about the UK economy, down from 51% last year. When asked about their main concerns for their business this year, nearly half…

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FCA launches consultation to simplify Retail Banking data collection

15th January 2026 Consumer Lending | #banking

The Financial Conduct Authority (FCA) has published a consultation paper with proposals to transform Retail Banking Business Models data collections into an annual return to enable the regulator to monitor competitive dynamics to identify shifts, spot emerging harms and intervene where needed. Damien Burke, Head of Regulatory Practice at  Broadstone, said “The FCA’s consultation aims…

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Business confidence hits three-year low

Business confidence sank into negative double-digit territory for the first time in three years amid unprecedented fears over the tax burden and weaker activity, according to the ICAEW research. Sentiment in Q4 2025 stood at -11.1 on ICAEW’s Business Confidence Monitor (BCM) index, its lowest point since Q4 2022, having dropped from -7.3 in the…

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Dudley Building Society appoints Head of Intermediary Relations

15th January 2026 Appointments | #appointments

Dudley Building Society has appointed Paul Purewal as Head of Intermediary Relations. Purewal joined the Society in January and brings more than 24 years of experience from Coventry Building Society, where he held a range of senior intermediary-facing roles across corporate, field and telephone distribution. Most recently, he spent over five years as Corporate Account…

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