Ocado shares have surged amid speculation that the online grocer might be the subject of takeover talks from Amazon or another US tech firm.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Soaring inflation forces Brits to tighten belts on groceries with DIY and fuel sales pick up
Brits are still splashing the cash amid soaring inflation, with retail sales estimated to have increased by 0.3 per cent last month off the back of non-food splurging.
Church of England divests of fossil fuels as oil and gas firms ditch climate pledges
The Church of England is divesting from fossil fuels in its multibillion pound endowment and pension funds over climate concerns and what the church claims are recent U-turns by oil and gas companies.
Amazon doubles creative industry apprenticeship funding to £2m
Amazon has announced more than 100 new apprenticeships in organisations across the creative industries, doubling its creative industries apprenticeship levy funding to £2m.
RMT announces three days of rail strikes in July as dispute continues
A fresh round of rail strikes is set to disrupt national networks during July, after the RMT union announced that 20,000 workers would stage three days of walkouts.
Bank of England raises interest rates by a half point to 5%
The Bank of England has raised interest rates by a half point to 5% as it intensifies its efforts to tackle stubbornly high inflation, adding to the strain on households struggling with soaring mortgage costs.
UK dairy prices could keep rising unless staff shortages ease
The UK’s largest dairy cooperative has said there could be further increases in the price of milk and other dairy products if the government does not urgently tackle labour shortages in farming.
Halfords’ profits halve as customers put the brakes on bike spending post pandemic
Annual profits at Halfords have tumbled by 55 per cent after it was hit hard by soaring costs and as customers cut back their spending.
UK set to miss net zero goals without private sector investment, warn MPs
The government must do more to unlock private investment for green projects or risk missing its decarbonisation targets, according to a new report from a committee of MPs.
WH Smith, M&S and Argos among hundreds fined for failing to pay minimum wage
Hundreds of businesses including high-street heavyweights WH Smith, M&S and Argos have been named and shamed after being fined for failing to pay workers the minimum wage.
Cost of renting hits highest in a decade
The cost of renting a home has climbed to its highest in a decade, with rents having risen faster than wages in every month for almost two years.
UK inflation rate unchanged at 8.7% in May
Consumer price inflation failed to fall last month, piling pressure on the Bank of England to carry out an oversized increase to borrowing costs tomorrow to tackle stubbornly high prices.
Fund launched to support new entrepreneurs in Grenfell community
An award-winning businessman, written off by teachers as a no-hoper, has launched a fund to inspire and support teenagers amongst the Grenfell community in one of London’s most deprived and beloved areas.
Cleantech company Exergyn creates 15 new roles in sustainability on back of UK expansion
Exergyn, an industry-leading cleantech company, has today announced the creation of 15 new roles in line with the opening of its new office in Rugby, Eastern Warwickshire.
CBI locked out of meetings with other leading UK business lobby groups
The Confederation of British Industry has been locked out of regular meetings with other leading business lobby groups, hampering its fight for survival after a sexual misconduct scandal.
















