Scams in which criminals trick bank customers into paying them money out of their bank accounts jumped by 45% in the second half of last year.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Millions of Facebook passwords exposed
The passwords of millions of Facebook users were accessible by up to 20,000 employees of the social network, it has been reported.
Google fined £1.27bn for illegal advertising practices
Tech giant Google has been issued with a £1.27bn fine by the European Commission for alleged illegal practices in search advertising.
Lorraine Kelly wins £1.2m fight with the taxman over self employment
Lorraine Kelly has escaped a £1.2 million tax bill after a judge described her as an ‘entertaining lady’ who is her own boss.
Jim Ratcliffe’s secures future of Britain’s most successful road cycling team as Ineos buys Team Sky
Jim Ratcliffe’s chemicals giant Ineos has bought Britain’s most successful road cycling team in recent years, Team Sky.
Former Staples chain Office Outlet in administration
The former Staples stationery chain, Office Outlet, is in administration, putting 1,200 jobs at risk.
Harry Redknapp turns jam roly poly passion into new online business
Football legend and recently-crowned King of the Jungle, Harry Redknapp, has launched an online business to bring his beloved jam roly polys to the nation.
GMB union call for enforcement to be covered by National Minimum Wage review
GMB have called for the official review into the future of the National Living Wage and National Minimum Wage, to be conducted by Professor Arin Dube, to cover enforcement and a role for unions to make complaints about non-payment.
London climbs world’s most expensive cities rankings
London has become a dearer place to live in the last year, causing it to climb eight places in the world’s most expensive city list, according to the latest worldwide cost of living survey.
HMRC ramps up investigations on professional service companies suspected of tax evasion
HM Revenue and Customs (HMRC) has issued nearly 1,500 demands to professional service firms for more information on clients suspected of tax evasion, a law firm has found.
M&S plans big store shift towards weekly food shop
Marks and Spencer is planning a big shift towards food at its stores, the retailer has said.
JD Sports in deal to buy Footasylum for £90m
JD Sports has made an offer to purchase clothing and shoe retailer Footasylum for £90.1m.
WorldPay sold in $43bn sale to US rival
A UK payment processing firm that used to be owned by Royal Bank of Scotland has been sold in a deal worth $43bn (£32bn).
Economic uncertainty not impacting scale up businesses’ confidence about growth
New research from Barclaycard, which processes nearly half of the nation’s credit and debit card transactions, identifies that even in an uncertain environment, UK businesses remain confident of their growth prospects – over both the short and long term.
Patisserie Valerie black hole doubles previous estimate to £94m
The accounting black hole at Patisserie Valerie has swelled to £94m, more than double a previous estimate, according to a new report by its administrators.
















