Customers could see higher prices and less choice as a result of the proposed merger between Sainsbury’s and Asda, the UK’s competition watchdog has said.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Honda confirms Swindon car plant closure and huge job loses
Honda has confirmed it will close its Swindon car plant in 2021, with the loss of about 3,500 jobs.
Saudi prince Mohammed Bin Salman denies Manchester United takeover
Saudi Arabia Crown Prince Mohammed Bin Salman’s media minister has denied reports linking him with a £3.8bn takeover of Manchester United.
Honda set to announce closure of Swindon car plant
Japanese carmaker Honda is set to announce the closure of its Swindon plant in 2022, putting 3,500 jobs at risk.
Business Secretary accepts Brexit deadline for exporters to Asia & South America has passed
Business Secretary Greg Clark identified last Friday as the ‘real’ Brexit deadline for British companies exporting to countries such as Japan to know the terms on which they are trading before they send goods on a six-week transfer.
Six people face arrest over £40M black hole in Patisserie Valerie’s accounts
As many as six people face arrest over the Patisserie Valerie scandal, it has been claimed today.
Duncan Bannatyne calls Karren Brady disgusting hypocrite for Sir Philip Green resignation refusal
Dragons’ Den star Duncan Bannatyne has branded businesswoman Karren Brady a ‘hypocrite’ for not speaking out against billionaire Sir Philip Green.
Passenger chaos after Flybmi ceases flight operations
Passengers stranded across Europe have told of their frustration after the UK regional airline Flybmi collapsed, cancelling all its flights.
RBS pays £977m dividend to the government
Royal Bank of Scotland have announced a £1.6bn final dividend which results in almost £1bn windfall for taxpayers, this is the banks second successive year in the black.
Porsche charge buyers 10% surcharge in event of no-deal Brexit
Porsche is asking British customers to sign a contract committing them to pay a surcharge of up to 10% of their vehicles’ purchase price if there is a no-deal Brexit.
JP Morgan creates first US bank-backed crypto-currency
US investment bank JP Morgan has created a crypto-currency to help settle payments between clients in its wholesale payments business.
Property repossessions at their lowest level since 1980
The number of homes repossessed in the UK fell to its lowest level since 1980 last year, industry figures show.
Butlers in the Buff wins landmark brand trademark case
A company providing semi-naked men to serve drinks and food at parties has successfully stopped another firm using its trademark.
Hotel chain struggles to recruit EU workers as Brexit fears bite
Millennium & Copthorne Hotels has blamed a shortage of workers due to Brexit uncertainty for contributing to falling profits.
5000 jobs created by Business Wales Accelerated Growth Programme
A Welsh Government programme offering individual support to SMEs looking to grow and expand has created its 5000th job, Economy Secretary Ken Skates has revealed.
