Uber’s former security officer, Joe Sullivan, is standing trial this week in what is believed to be the first case of an executive facing criminal charges in relation to a data breach.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
UK’s broadband firms set for £1.7bn windfall with above-inflation price rises
The UK’s biggest broadband providers are to benefit from an almost £2bn windfall when they push ahead with inflation-busting price increases next spring which will further fuel the cost-of-living crisis, an analysis shows.
Boots launches budget range as UK shoppers cut back in cost of living crisis
Boots has launched a new budget brand that includes toiletries such as shampoo, shower gel and toothpaste for under £1 as the deepening cost of living crisis leaves UK shoppers cutting back even on essential items.
Workers ‘face real-terms wage cut’ without government help
Workers will suffer a real-terms fall of £2,000 in the value of their wages by the end of this year and energy prices could hit nearly £7,000 in 2023 without government intervention, PwC has warned.
Hopes for energy price freeze delight investors
Retailers, pubs groups and banks were among a swathe of domestic stocks that rose strongly yesterday, buoyed by the prospect of Liz Truss announcing an emergency energy support package for households and businesses.
Lloyds rack up £300m of likely scam Covid loans new government data shows
Lloyds Banking Group has been hit by more than 300 million pounds of suspected fraud linked to COVID-19 pandemic-era recovery loans for small businesses, the highest among big bank peers, according to government data.
‘Really difficult winter’ could see supermarket shelves bare of certain food and drink items
Supermarket shelves could be left lacking certain food and drink items this winter if smaller companies go bust amid high energy bills, a food industry leader has warned MPs.
Truss set to outline £40bn package to help businesses with energy bills
Liz Truss is reportedly set to outline a £40bn support package for businesses struggling with soaring energy bills in the coming weeks.
Waitrose admits blocking rival supermarkets from opening stores
Waitrose has admitted to blocking rivals from opening supermarkets in close locations for close to a decade, according to the market watchdog.
Bus fares in England to be capped at £2 between January and March
Bus journeys in England will be capped at £2 between January and March next year to help people deal with the rising cost of living.
Thousands of firefighters and control room staff will vote over whether to strike
After a summer rife with industrial action, Britons face even more uncertainty after it was announced tens of thousands of firefighters and control room staff will be balloted on whether to strike over pay.
Instagram owner Meta fined €405m over handling of teens’ data
Instagram owner Meta has been fined €405m (£349m) by the Irish data watchdog for letting teenagers set up accounts that publicly displayed their phone numbers and email addresses.
Additional rises needed, declares Bank of England ratesetter
The Bank of England must not be “complacent” in the fight against rising inflation, a member of the Bank’s rate- setting monetary policy committee has warned.
Liz Truss announced as new leader of the Conservative party and Prime Minister
Liz Truss has been elected as the new leader of the Conservative party and tomorrow will go to the Queen and be asked to become the new Prime Minister.
Aston Martin launches £575m rights issue powered by Saudi Crown Prince MBS
Luxury car maker Aston Martin has confirmed that a £575m rights issue, which will be supported by a fund controlled by Saudi Arabia’s de facto leader.
