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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

Mike Ashley

Ashley wants advisors ‘thrown in prison’ as faces Debenhams wipe-out

29 March 2019 News Business Matters 0 Comments

Mike Ashley’s bid to add Debenhams to his high street empire looks to have been dealt a fatal blow after the embattled department store chain moved closer to being placed in the hands of its bondholders, sending its already-depressed shares tumbling.

grindr

Grindr put up for sale as US rules it a risk to national security

28 March 2019 News Business Matters 0 Comments

Gay dating app Grindr is up for sale by its Chinese parent company, Kunlun Group, media reports say.

Sir Philip Green

Topshop owner Philip Green draws up shortlist of 67 stores to close

28 March 2019 News Business Matters 0 Comments

Embattled retail boss Sir Philip Green is reportedly looking to sever his ties with as many as 67 Arcadia stores in a bid to save the troubled fashion firm.

Debenhams

Debenhams on target to receive £200m restructuring loan in blow to Mike Ashley bid

28 March 2019 News Business Matters 0 Comments

Debenhams moved one step closer to carrying out its major restructuring plan this morning after revealing that it has secured the support of bondholders.

brexit

Government rejects ‘Revoke Article 50’ petition as undemocratic

28 March 2019 News Business Matters 0 Comments

The government has rejected the Revoke Article 50 petition on Wednesday, despite more than 5.8m people signing the petition.

15-ChrisGrayling-Getty

Government ‘never met’ Seaborne Freight’s financial backers

28 March 2019 News Business Matters 0 Comments

he Department for Transport (DfT) held no face-to-face meetings with the backers of the ferry-less shipping firm Seaborne Freight.

mcdonalds

McDonald’s buys Israeli AI startup to change menus based on the weather

28 March 2019 News Business Matters 0 Comments

McDonald’s is buying an artificial intelligence start-up to help serve up data-driven meal choices.

Brexit assets change

Scottish Government to vote on revoking Article 50

27 March 2019 News Business Matters 0 Comments

The Scottish Parliament are to vote over backing to revoke Article 50, following Scottish Green Party debate on Wednesday.

Barclays Bank shareholders

Barclays unveils £14bn fund to help UK SMEs with Brexit

27 March 2019 News Business Matters 5 Comments

Barclays has unveiled a £14bn lending fund for SMEs to help them through Brexit uncertainty, they have held over 100 “Brexit clinics.”

Debenhams

Mike Ashley’s Sports Direct considers Debenhams bid

27 March 2019 News Business Matters 1 Comment

Mike Ashley’s Sports Direct is considering a £61.4m bid to take full control of Debenhams.

rising car crime

Road safety: EU plans vehicle speed limiters from 2022

27 March 2019 News Business Matters 1 Comment

Speed limiting technology looks set to become mandatory for all vehicles sold in Europe from 2022, after new rules were provisionally agreed by the EU.

ryanair

Ryanair trolling of British Airways’ mistake backfires

27 March 2019 News Business Matters 0 Comments

A Ryanair attempt to make fun of British Airways on Twitter after a flight mistakenly went to Edinburgh instead of Düsseldorf has backfired.

tax

UK CFOs missing out on £6.7 billion by not taking early payment discounts

27 March 2019 News Business Matters 1 Comment

New research from Barclaycard reveals that a Chief Financial Officer’s (CFO’s) leadership style and willingness to invest in their financial and accounting software has a tangible impact on their business’ bottom line.

Broadband customers research

Broadband giants are offering British users a ‘bad deal’

26 March 20191 March 2023 News Business Matters 1 Comment

Britons who get their broadband from the UK’s biggest suppliers are the “most likely” to be getting a bad deal, reports Which?

airbus

Airbus secures multi-billion dollar jet order from China

26 March 2019 News Business Matters 0 Comments

Airbus has secured an order from China for 300 jets, in a deal estimated to be worth tens of billions of dollars.

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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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