
EG group profits plummet from $1.4bn to $10m following Asda forecourt sale
EG Group sees profits drop from $1.4bn to just $10m after selling UK forecourts to Asda, as operational focus shifts and revenue dips across global markets.
The latest news affecting small and medium sized (SME) businesses in the UK

EG Group sees profits drop from $1.4bn to just $10m after selling UK forecourts to Asda, as operational focus shifts and revenue dips across global markets.

The world economy is on course for its weakest decade of growth since the 1960s, according to a stark warning from the World Bank, which downgraded…

Davina Schonle, founder of Humanvantage AI, says she was left “humiliated” after being refused entry to London Tech Week for bringing her baby — prompting criticism…

Sir Stelios Haji-Ioannou has awarded £300,000 to three disabled entrepreneurs in the 2024 Stelios Awards, recognising inspirational leaders in care, baking, and logistics.

Marks & Spencer has resumed online orders for fashion items nearly two months after a major cyberattack, though full services will return in phases over the…

UK payroll employment fell by over 100,000 in May, the largest monthly drop since 2020, as wage growth slows and unemployment rises, fuelling speculation of more…

Stability AI calls Getty Images’ copyright case a direct threat to the future of generative AI, as the high-profile legal battle over intellectual property rights begins…

User-generated content on platforms like YouTube, TikTok, and Instagram is set to attract more global advertising revenue in 2025 than traditional media — signalling a seismic…

UK wage growth cools to 5.2% and unemployment climbs to 4.6% — the highest level since 2021 — adding pressure on the Bank of England as…

Sir Keir Starmer has unveiled a £1 billion investment package aimed at scaling up the UK’s computing power twentyfold, in a major push to solidify Britain’s…

Families face mounting pressure as HMRC inheritance tax investigations rise 37% in a year. Find out what triggers a probe and how to stay compliant.

UK fathers are planning a historic “Dad strike” to protest Europe’s least generous paternity leave system, demanding reform, fair pay, and better support for co-parents.

US and Chinese officials meet in London to discuss easing trade tensions, as Asian stock markets rally on hopes of a breakthrough.

Reform UK calls for an end to interest payments on commercial bank reserves, claiming they cost taxpayers billions. Bank of England defends the policy as vital…

GMB union calls for legal right to paid fertility leave and flexible working during IVF, citing the emotional and physical toll of treatment and a lack…