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Latest News:

  • Mike Lynch’s estate wins right to challenge £920m HP fraud ruling
  • Amazon accused of rigging ad auctions as FTC and 22 states allege $20bn overcharge
  • Shop price inflation hits two-year high as energy costs reach the shelves
  • Employers blame lack of soft skills for fuelling youth unemployment crisis
  • Victoria Beckham brand turns its first profit as revenue climbs 15% to £129.8m
  • Parents of seriously ill children should get 12 weeks’ paid leave, says children’s commissioner
  • Cost of new government borrowing nears 30-year high as October budget looms
  • easyJet heads back into the FTSE 100 as Entain, Aston Martin and Persimmon face the drop
  • Scan.com raises $220m to fund US push ahead of flotation talks
  • Vodafone, Heathrow and JCB head to Reform UK conference as party woos business

Category: News

The latest news affecting small and medium sized (SME) businesses in the UK

amazon

Amazon ‘flooded by fake five-star reviews’ Which? report finds

16 April 2019 News Business Matters 0 Comments

Online retail giant Amazon’s website is flooded with fake five-star reviews for products from unfamiliar brands, consumer group Which? has claimed.

Wonga-007

Administrators put Wonga’s payday loans on market to highest bidder

16 April 2019 News Business Matters 2 Comments

The administrator in charge of winding down Wonga is talking to bidders for the collapsed payday lender’s £77 million loan book, despite concerns that its customers could be exploited by debt recovery companies.

Office

Growth opportunities from Brexit uncertainty

16 April 2019 News Business Matters 0 Comments

Whilst Brexit may have caused political paralysis in Westminster, the UK’s fastest growing small businesses see specific opportunities to exploit.

A8F13558-D7CC-45C6-9DC6-8B545DBBBB81

Yorkshire motoring aftermarket business wins court battle with industry giant

16 April 2019 News Business Matters 2 Comments

An automotive aftermarket business has won an epic three-year legal battle with industry giant Jaguar Land Rover (JLR) over the use of two letters – LR.

monsoon

Monsoon & Accessorize shops at risk as owners call in advisors

16 April 2019 News Business Matters 0 Comments

The company behind the Monsoon and Accessorize fashion brands has called in advisers to work on the potential closure of dozens of stores through a contentious insolvency process.

WeWork

Three UK launches small business mobile proposition to help with day-to-day tasks

15 April 2019 News Business Matters 0 Comments

Mobile operator Three UK have announced the launch of Three Means Business, its new mobile aimed at UK’s growing number of entrepreneurs and small businesses.

VW

Former VW boss charged over diesel emissions scandal

15 April 2019 News Business Matters 0 Comments

The former chief executive of the carmaker Volkswagen has been charged in Germany over his involvement in the company’s diesel emissions scandal.

sheep farmer

Brexit to leave sour taste for UK farmers

15 April 2019 News Business Matters 0 Comments

A no-deal Brexit would drive pig farmers into the red, but potato growers would be even worse off if Britain were to leave the European Union with an agreement, an analysis has suggested.

virgin trains

Stagecoach launches Department for Transport legal challenge over rail bid ban

15 April 2019 News Business Matters 0 Comments

Stagecoach has warned the Department for Transport that its credibility is on the line unless it publishes its reasons for replacing the train company on the East Midlands Trains franchises

Debenhams

Debenhams boss Sergio Bucher to step down as ‘time is right’

14 April 2019 News Business Matters 0 Comments

Debenhams boss Sergio Bucher is expected to step down following the struggling department store chain’s recent takeover by its lenders.

port Talbot steel works

British Steel to seek £100m government loan to meet EU rules

13 April 2019 News Business Matters 2 Comments

British Steel is seeking a £100m loan from the government in order to meet EU emission rules.

franchise for sale

Business managers waste £28k each procrastinating each year

12 April 201925 March 2020 News Business Matters 1 Comment

Business managers and consultants spend over three and a half hours of their day procrastinating – wasting £28,111 of their employers’ money every year, based on the average business consultant’s salary.

pregnant_office_worker_by_water_cooler_42-16340440

Bounty pregnancy club fined £400,000 for illegally sharing 14million people’s data

12 April 201930 March 2022 News Business Matters 0 Comments

Pregnancy club Bounty UK has been given a £400,000 fine for illegally sharing the personal information of more than 14 million people.

uber car

Uber warns it may never make a profit in floatation documents

12 April 2019 News Business Matters 0 Comments

Uber, the ride-sharing app and delivery business, has warned it “may not achieve profitability” as it finally released details of its plan to float.

LK Bennett

LK Bennett bought out of administration but 15 stores set to close

12 April 2019 News Business Matters 0 Comments

High-end fashion chain LK Bennett has been bought out of administration, saving 325 jobs.

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Aldi accused of desperation after attack on supermarket loyalty schemes

Mike Lynch’s estate wins right to challenge £920m HP fraud ruling

Amazon accused of rigging ad auctions as FTC and 22 states allege $20bn overcharge

Shop price inflation hits two-year high as energy costs reach the shelves

Employers blame lack of soft skills for fuelling youth unemployment crisis

Victoria Beckham brand turns its first profit as revenue climbs 15% to £129.8m

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