British-based employees are expected to bear the brunt of hundreds of job cuts at Deliveroo.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Britain pays £2.3bn fine to EU over cheap Chinese imports
Britain has paid a fine of more than £2.3 billion to Brussels for allowing Chinese gangs to flood Europe with cheap clothes and shoes.
Google’s Bard AI bot mistake wipes $100bn off shares
Google is searching for ways to reassure people that it is still out in front in the race for the best artificial intelligence technology.
UK needs almost a million new trades people
The UK needs almost a million new plumbers, bricklayers and other trades over the next decade just to keep pace with demand, an industry report has claimed.
Royal Mail and BT awarded £20m in lorry cartel ruling
Europe’s market-leading lorry manufacturer must pay Royal Mail and BT about £20 million as part of a landmark cartel damages ruling that could pave the way for further compensation orders.
AstraZeneca moves $360M investment in a new manufacturing facility from Britain to Ireland
Britain’s uncompetitive fiscal policies have led AstraZeneca to shift plans for a $360 million investment in a new manufacturing facility from Britain to Ireland, the group’s chief executive has revealed.
Marmite and Dove maker Unilever warns of more price rises this year
Unilever, the company behind brands including Marmite and Dove soap, will continue increasing prices for consumers this year after higher price tags on detergents, soaps and packaged food helped the company beat sales forecasts for 2022.
UK lobby group leads call on chancellor Hunt for more tax breaks to avoid recession
Jeremy Hunt has come under pressure from the CBI to announce tax breaks for businesses at the budget as a “last chance” to help the economy avoid a recession this year.
British shoppers rein in spending despite sales as cost of living crisis takes toll
British consumers sharply cut their spending in January as the cost of living crisis damaged household finances, retailers have warned, amid growing concern over the impact of high inflation on the economy.
Calls for Sunak to expand free childcare to tackle workforce shortages
Rishi Sunak should funnel billions of pounds into free childcare to help get more parents into work to tackle acute workforce shortages, according to Britain’s leading business group.
FTSE 100 hits record high as recession fears fade
The FTSE 100 reached a fresh record high in early trade this morning as the blue-chip index’s export-heavy members were buoyed by sharp overnight gains on Wall Street.
Britain will dodge recession in 2023, think tank predicts
A think tank has forecast that Britain will avoid a technical recession not only in the final three months of 2022 but throughout 2023.
New innovation department could be a ‘gear change’ for tech growth, industry chiefs say
The creation of a new government department for technology and innovation could be a “gear change” for growth in the UK’s tech sector, industry chiefs said today.
Prime Minister splits up the business department merging it into four new departments
Rishi Sunak has announced a shake-up of his top team — splitting up the business department and merging it into four new departments.
BP’s profits double to $27.7 billion
British energy company BP reported record annual earnings on Tuesday amid growing calls for the U.K. government to boost taxes on companies profiting from the high price of oil and natural gas after Russia’s invasion of Ukraine.
















