British Gas has been fined £2.65m after wrongly charging customers higher rate falsely telling millions they had to pay to exit fixed deals
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
British shoppers see price rise for first time in five years
British shop prices have risen for first time in five years as hot weather and rising price of oil conspired to add to inflationary pressure
House of Fraser battles with ‘greedy landlords’ to cut rents on all 59 stores
House of Fraser has criticised “greedy landlords” that are resisting new owner Mike Ashley’s attempts to cut rents on the store chain’s 59 outlets.
UKs largest estate agency group Countrywide needs £140M emergency bail out
Investors in Countrywide. the UK’s largest estate agency owner, have approved a £140m emergency fundraising at the company’s annual meeting.
Theresa May’s plans to double plastic bag charge to 10p slammed by Chancellor Hammond
Theresa May’s plans to double the plastic bag charge to 10p is being opposed by Chancellor Philip Hammond, it has emerged.
Theresa May leads UK trade delegation to Africa as Brexit disputes rage
Prime Minister Theresa May has flown to Africa to lead a delegation of business figures as she seeks to boost trade relations, despite intense criticism of her Brexit plans at home.
Toyota invests $500m in Uber for mass-production driverless car deal
Japanese carmaker Toyota is to invest $500m (£387m) in Uber and expand a partnership to jointly develop self-driving cars.
Former Royal Marines shortlisted for NatWest Great British Entrepreneur Award
Two Plymouth former Royal Marines are shortlisted for 2018 NatWest Great British Entrepreneur Awards in Entrepreneur Spirit of the Year award
Food prices set ‘to rise 5%’ because of this years extreme weather
Meat, vegetable and dairy prices are set to rise “at least” 5% in the coming months because of the UK’s extreme weather this year, research suggests.
Uber set ‘to turn its focus on bikes over cars’
Uber says it plans to focus more on its electric scooter and bike business, and less on cars, despite the fact it could hurt profits.
Start up loans delivers landmark £25M to microbusinesses in North east
The North East of England is fast becoming a hub for aspiring entrepreneurs, according to new figures from the Start Up Loans Company(SULCo), which shows that it has lent £25 million to small businesses in the region since it launched six years ago.
Best in show: Edinburgh businesses reap economic benefit from this year’s Fringe Festival
Data from merchants within Edinburgh shows £1,171,826 was spent using credit or debit cards during the first seven days of the festival
Wonga a week from calling in administrators as compensation claims cripple firm
Payday lender Wonga has said it is considering “all options” after reports suggested it was on the brink of collapse.
Government spends nearly half of digital spend goes to UK SMEs
UK SMEs are reaping the benefits of a flourishing Digital Marketplace by accessing almost half of public sector spend on digital, data and technology services
Spike in company collapses lead to government insolvency law clampdown
Company bosses who dissolve their firms to avoid paying off staff or meeting pension commitments will risk being hit with fines, under new government plans.
