Shares in Faroe Petroleum have soared more than 25% after its largest shareholder launched a £608 million takeover bid for the company…
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Accountants BDO & Moore Stephens confirm merger talks
Accountancy firm BDO has confirmed that it is in advanced talks to merge with Moore Stephens to become Britain’s fifth largest accountant.
Cake Box sales grow as retailer surpasses 100 stores
Cake Box has reported rapid growth in the first half as the cream cake retailer unveiled its first financial update since going public…
Theresa May to battle Jeremy Corbyn in TV debate over Brexit deal
Prime Minister Theresa May plans to challenge Jeremy Corbyn to a TV debate on the eve of parliament voting on her Brexit deal, it is reported.
Facebook documents seized by MPs investigating privacy breach
A cache of Facebook documents has been seized by MPs investigating the Cambridge Analytica data scandal.
Brexit deal ‘will cost UK £100bn a year’ by 2030, research suggests
The government’s Brexit deal would leave the UK £100bn a year worse off by 2030, analysis by the National Institute of Economic and Social Research (NIESR) has claimed.
New independent rail complaints service launched
Rail passengers who are unhappy about how their complaints have been handled will be able to appeal via a service launched on Monday.
Rio Tinto sells African uranium mine stake in latest asset disposal
Mining giant Rio Tinto has announced the sale of an African uranium business as part of its strategy to shed unwanted assets.
Stay One Degree plans to raise £2m for luxury rentals expansion
A social network for luxury holiday home rentals is looking to raise £2 million in its biggest ever funding round, after notching up 10 members
Thomas Cook profits to slump after difficult summer
Holiday giant Thomas Cook is expected to lay bare the impact of a European heatwave and a fall in demand for last-minute trips abroad
Resilience of UK banks to doomsday Brexit scenario to be revealed
The ability of Britain’s biggest lenders to withstand the economic shock of a no-deal Brexit will be revealed this week when the Bank of England
Home buyers should get property log book, says Phil Spencer
Homes should come with a “property log book” detailing their history in the same way as a car, TV expert Phil Spencer has suggested.
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Vauxhall workers at Ellesmere Port plant stage mass walk out
Every union worker at Vauxhall’s Ellesmere Port car plant has walked out in protest at planned job cuts.
Oil price tumbles on global demand concerns
London’s blue-chip index was dragged slightly lower by the tumbling price of oil as investors fret that supply could outpace global demand
Johnston Press creditors face shortfall after media group’s administration
Creditors of defunct media group Johnston Press are facing a “significant shortfall”, administrators said after the business was sold.
