The billionaire husband of ‘Baroness Bra’ Michelle Mone is preparing to take delivery of a £50 million mega-yacht, sources on the French Riviera say.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Nasa unveils quiet supersonic aircraft in effort to revive commercial flights
Nasa has unveiled a one-of-a-kind quiet supersonic aircraft as part of the US space agency’s mission to make commercial supersonic flight possible.
Thousands of M&S staff get £10,000 in shares after strong trading period
Workers at Marks & Spencer are set to benefit from bumper payouts of thousands of pounds under its share save scheme as the high street stalwart reaps the rewards of its turnaround plan and toasts its “best ever Christmas”.
Money, Money, Money! The Abba effect brings £322M boost to London economy
They may only be digital dancing queens – and kings – but the four glittery avatars performing every night in front of sell out audiences in east London are pumping serious Money, Money, Money into the capital’s economy.
Report finds the UK is Europe’s most “advanced digital economy”
The UK is the leading destination in Europe for investment, global tech companies and start-ups, according to a new report from the Computer & Communications Industry Association (CCIA).
EBay fined $3m over ‘criminal’ harassment of bloggers
Online marketplace eBay has agreed to pay $3 million to settle a criminal investigation in America after a married couple were subjected to a “petrifying” cyberstalking and harassment campaign in retaliation for perceived criticism of the site on their blog.
Citi puts over a thousand British banking jobs at risk
More than 1,000 British jobs are under threat at Citigroup as the American bank announced it would cut 20,000 staff worldwide.
UK economy bounces back with 0.3% growth
The UK’s economy bounced back in November after shrinking during the previous month, according to official figures published this morning.
Sainsbury’s launches EV charging business to give ‘smart charging’ to shoppers
Sainsbury’s has launched an electric vehicle (EV) charging business, targeting over 750 ultra-rapid charging bays in over 100 store car parks by the end of 2024.
Amazon to cut hundreds of staff at Prime Video and MGM
Amazon is cutting hundreds of jobs at Prime Video and James Bond studio MGM as the tech giant grapples with tough competition in the streaming market.
HS2 boss admits London to Birmingham line could actually cost £66bn
The costs of the HS2 line from London to Birmingham could be as much as £66bn, according to the scheme’s executive chair, Jon Thompson.
Government urged to review £2bn in Fujitsu contracts amid Horizon scandal
Pressure is mounting on the government to review more than £2bn in new contracts awarded to Fujitsu since a court ruling in 2019 found its Horizon IT system caused accounting errors that were blamed on more than 900 post office operators who were then wrongly prosecuted by the Post Office.
Sunak announces emergency legislation to overturn Post Office scandal convictions
Prime minister Rishi Sunak has announced new legislation to overturn the convictions of the hundreds of sub-postmasters criminally prosecuted by the Post Office about a decade ago.
Accountants urge Brits to fight taxman as penalties spike to new record
The value of HMRC tax penalties surged by 25 per cent between 2022 and 2023 to its the highest level on record, new data shows, as the government faces criticism for unfairly fining struggling businesses.
Gas drilling in Jeremy Hunt’s Surrey constituency given green light
Gas drilling at a site in the Surrey Hills can go ahead after the court of appeal ruled that no further attempts to stop the project could be brought to court.
















