What has changed
When a fact on a route page changes, such as a limit, a rate or a rule, it is recorded here and on that page, with the date. Every route is also checked against its sources at least every 180 days, and shows when it was last checked.
- British Business Bank regional investment funds
Budget 2026: the British Business Bank is to design successor funds with mayors and the devolved governments.
- Capital allowances, Patent Box and creative-industry reliefs
Budget 2026: the 40% first-year allowance is to rise to 50% from 1 January 2027, and the main writing-down rate to fall from 14% to 12% from April 2027 (not yet law).
- Community development finance (CDFI) loans
Budget 2026: £165 million more for community lenders through the British Business Bank.
- Growth Guarantee Scheme
Budget 2026: the scheme is to be expanded to support £6.5 billion more lending over this Parliament.
- Research and development (R&D) tax relief
Budget 2026: the claim notification is to be removed from 1 April 2027, and the additional information form simplified from autumn 2027 (not yet law).
- Venture debt
Budget 2026: £450 million for a new British Business Bank venture debt product, not yet open.
- Bank term loan
Terms updated from banks' own pages: unsecured loans usually run 1 to 10 years (not about 5), and some larger or secured loans 20 to 25 years.
- Short-term unsecured business loans
Longer unsecured bank loans now usually run one to ten years, not three to five, by banks' own pages.
- Statutory late-payment interest and compensation
The Commercial Payments Bill passed the House of Lords on 20 October 2026 and goes to the House of Commons. It is still not law, so the current rules on interest and compensation apply.
- Statutory late-payment interest and compensation
Added the Commercial Payments Bill's progress: report stage in the House of Lords on 15 September 2026. It is still not law, so the current rules on interest and compensation apply.