Chris Grayling faced fresh calls to resign today as it emerged that controversial ferry contracts for a no-deal Brexit would be cancelled at the cost of £50 million to the taxpayer.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Over half of UK workforce fears asking for a pay rise
Many in the UK labour market find the thought of asking for a pay rise unsettling as new survey results show that over half say that they are fearful to ask.
Failed Asda merger bid cost Sainsbury’s £46m as retailer announces huge hit on annual profits
The failed bid to merge with rival Asda cost Sainsbury’s £46m, the supermarket giant has said.
Free cash machines vanishing at alarming rate, says Which?
Free-to-use cash machines have been disappearing at a rapid rate across the UK, according to a study by Which?
PayPal takeover of iZettle worth £1.7bn gets green light
The British competition watchdog after a lengthy investigation has given PayPal the green light to takeover iZettle in a £1.7bn deal.
TalkTalk service at bottom of Ofcom broadband poll for third year running
TalkTalk has failed to improve its standing on customer complaints in Ofcom’s annual survey – the broadband provider has come bottom of the table for the third year running.
Government gives British Steel a £100m loan to pay EU carbon bill
British Steel has secured a £100m loan from the government to pay its EU carbon bill, a source close to the company has said.
Whitbread warns of slowdown after Costa sale
Premier Inn owner Whitbread has warned of a slowdown in holidaymaker demand for hotel rooms due to Brexit uncertainty, posting a near 40% drop in annual profits.
Sainsbury’s launches UK’s first supermarket with no tills
Sainsbury’s has launched the UK’s first till-free store in London with plans to roll the new digital system out across the country.
Jaguar Land Rover to build new Defender model in Slovakia
Jaguar Land Rover (JLR) will build its next-generation Land Rover’s Defender 4×4 in Slovakia rather than the UK.
The changing face of retail
The 2019 Barclaycard everywoman in Retail Awards programme is now open, welcoming nominations from the industry’s exceptional talent.
Labour say UK economy requires ‘revolution’
Labour is planning a “revolution” for the UK economy, John McDonnell has told the BBC.
KPMG ‘severely reprimanded’ over audit
KPMG has been fined £6m, “severely reprimanded” and told to undertake an internal review over the way it audited an insurance company.
Philip Hammond to announce decision on future of 1p and 2p coins this week
Chancellor Philip Hammond will this week rule on the future of 1p and 2p coins, a year after he called them “obsolete”.
More than 1,000 businesses are flouting the law by failing to submit late payment data
More than 1,000 businesses are flouting the law by not reporting how long they take to pay suppliers, according to an analysis of government data by the Chartered Institute of Procurement & Supply (CIPS).
















