Disney withdraws its claim to move a wrongful death lawsuit to arbitration, allowing the case of a woman who died from an allergic reaction at Disney World to proceed in court.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
UK insolvencies surpass financial crisis levels as interest rates squeeze businesses
UK company insolvencies have risen above financial crisis levels, with 25,551 businesses collapsing in the past year. Analysts cite high interest rates and reduced consumer spending as key factors.
Gold prices could surge to $2,600 an ounce as us interest rate cut looms
Gold prices may reach $2,600 an ounce as analysts predict a Federal Reserve rate cut. Spot gold hit $2,500, with further rises expected over the next year.
Trump’s media company shares plummet to record low since going public
Trump Media & Technology shares hit a new low on Nasdaq, dropping 3.5% amid volatility and concerns over weak earnings and political developments. The stock has fallen 36% in the past month.
London City Airport expansion approved as Rayner overrules Labour-led Newham Council
Passenger capacity at London City Airport to increase by 40% despite local opposition, signalling Labour’s prioritisation of economic growth
Tech tycoon Mike Lynch missing after yacht sinks off Sicily, weeks after £8bn fraud acquittal
Darktrace founder Mike Lynch, recently acquitted in a high-profile £8bn fraud case, is missing along with his daughter after a freak storm sank his yacht near Sicily
Britain’s crumbling roads hurting economy, warn factory bosses
Pothole-ridden roads are increasing manufacturing costs and deterring investment, according to new report
Ted Baker to close all UK stores as potential Mike Ashley deal falters
Ted Baker to shut final 31 UK stores, risking 500 jobs, as talks with Frasers Group hit a standstill
UK tourism struggles with £2.8bn shortfall as visitor numbers lag behind pre-pandemic levels
Tourism sector faces significant decline with nearly 3 million fewer visitors and a £2.8 billion spending deficit compared to 2019, new report reveals
Revolut employees to benefit from £390m windfall as fintech giant’s valuation hits £35bn
Revolut staff set to cash in on rapid growth, as share sale boosts company’s value to £35bn following UK banking licence approval
Aldi poised to overtake ASDA as UK’s third largest grocer within five years
ASDA risks losing its position as the UK’s third-largest grocer to Aldi by 2028, amid leadership challenges and labour disputes. GlobalData urges ASDA to focus on differentiation and online capabilities to remain competitive.
Rayner signals potential delays to key employment reforms
Deputy Prime Minister Angela Rayner hints that parts of the government’s ambitious workers’ rights reforms may face delays, with complex policies potentially excluded from the upcoming Employment Bill.
Thousands of rail fare prosecutions to be overturned following landmark ruling on legal process
Up to 74,000 rail fare evasion prosecutions in England and Wales could be quashed after a judge ruled that the single justice procedure was misused by UK train companies.
Silicon Valley tech firm apologises for sexist stunt after backlash at industry event
Palo Alto Networks has apologised for using women as lampstands at a Las Vegas event, sparking accusations of sexism and reigniting concerns over Silicon Valley’s “bro” culture.
Tata Steel workers and suppliers receive £13.5 million in emergency funding amid Port Talbot restructuring
The UK government has released £13.5 million in emergency funds to support workers and suppliers affected by Tata Steel’s restructuring at Port Talbot, as the company shifts to greener steelmaking.
