Mark Carney said there are scenarios where policy ‘might need to be tightened in the event of a no deal, no transition Brexit’.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Bank holds rates at 0.75%, but warns of ‘either direction’ response to Brexit
The Bank of England’s nine-member Monetary Policy Committee voted unanimously to leave interest rates unchanged.
Appledore shipyard in Devon to close
A historic shipyard is to close despite a campaign to win new work to keep it open.
Patisserie Valerie shareholders vent anger at management
Patisserie Valerie chairman Luke Johnson has faced down sharp criticism from shareholders as the cafe chain gained backing for a rescue plan.
Enterprise Nation appoints new CEO as it targets further expansion
Enterprise Nation has announced it is to appoint growth expert Richard Fifield as chief executive officer.
Shareholders to vote in favour of Patisserie Valerie rescue deal
Shareholders are set to vote through a rescue deal to keep Patisserie Valerie afloat this morning, despite frustration at being kept in the dark about its accounting scandal.
Mothercare axes hundreds of jobs as it aims to stay afloat in turbulent times
Mothercare is axing hundreds of head office jobs as it seeks to meet £19m cost-savings target outlined in rescue plan struck with creditors
Met Police to sell branded clothing & merchandise to counter budget cuts
The Metropolitan Police is to start using its brand to sell merchandise and clothes with proceeds from the sale of items bearing its logo will raise money for frontline policing.
Jaguar Land Rover makes loss as sales slide 13%
Sales of Jaguar Land Rover cars have fallen sharply, taking the firm into a loss for the three months to the end of September.
Hundreds of UK SMEs join bid to sue Clydesdale Bank over loan scandal
SMEs are rushing to join a proposed lawsuit against Clydesdale Bank, the firm managing the claims said yesterday.
Sir Richard Branson & Lord Sugar could become ambassadors in UK diplomatic shake-up
Business chiefs like Lord Sugar and Sir Richard Branson will be eligible to apply to become UK ambassadors should they wish under a plan to be announced by the foreign secretary.
UK late payment culture shows signs of improvement as rest of Europe lags behind
The time it takes to pay suppliers across the UK has improved by 14 per cent, with payments taking on average 42 days in 2018 compared to 49 days in 2016.
Mike Ashley’s Sports Direct saves Evans Cycles but warns half of the stores could close
As Evans Cycles is saved by Mike Ashley’s Sports Direct but only 50 per cent of stores could stay open
Flexible working key to British people’s happiness, but many afraid to ask their employer about it
When it comes to finding out about workplace benefits during a job interview, British people are most uncomfortable asking about flexible working options.
Business reacts to Hammond’s ‘budget for grafters’
As Chancellor Phillip Hammond delivered his last budget before Brexit Business Matters spoke to some of the organisations that support UK SMEs about whether they felt the announcements went far enough.
