Hot weather, bank holidays, summer sporting events and celebrity trends are the main reasons for an expected increase in sales with retailers expect summer dresses, sunglasses, sandals, wicker bags and wedding hats are also set to be popular
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Google launches job hunting service in the UK
Google has secured several of the UK’s largest recruitment services for a local version of its jobs-hunting tool.
Britain’s retailers are owed millions of pounds in bad debt
Retailers are buckling under the weight of bad debt, according to data on failing UK companies.
IMF warns that Trump’s tariffs will hurt global growth
The outlook for the global economy has darkened as trade tensions rise and growth becomes uneven, according to the International Monetary Fund (IMF).
Barclays double unsecured lending limit for SMEs to £100,000
The bank said it identified more than 40,000 SME clients in the UK, from dentists to manufacturers, that could be eligible for the higher levels of lending
Amazon Prime Day deals ‘not what they seem’ accuse consumer group Which?
Shoppers thinking of taking part in internet giant Amazon’s Prime Day are being warned that not all the items on sale could be the bargains they seem.
May caves as brexiteers’ Customs Bill amendments accepted by government
Theresa May has been accused of “caving in” to Conservative Brexiteers after agreeing to their changes to a key piece of legislation.
Gymshark & Innovation Birmingham launch pioneering centre for digital technology
Leading sports fitness clothing brand Gymshark has partnered with Innovation Birmingham to launch a pioneering business support centre, driving growth and opportunity for promising digital technology companies innovating in the sports sector within the West Midlands.
Taxman to be given ‘shocking’ new powers to raid bank accounts with no warning
A policy document reveals HMRC wants to be able to keep secret investigations into whether someone is paying the right amount of tax as under existing rules, banks and other financial institutions, have to tell their customers about investigations
Confidence inside British businesses hits two-year high
Business confidence across the UK has hit its highest point since before the EU referendum two years ago according to new data.
Rolls-Royce unveils ‘flying taxi’ at Farnborough Airshow
Rolls-Royce has released plans for a flying taxi that could be taking to the skies in the early 2020s.
Boeing is deeply concerned over the damage of US-China trade row
The head of US aerospace and defence giant Boeing has warned about potential damage of the growing US-China trade row.
Debenhams denies cashflow problem as credit insurers tighten trading terms
Debenhams has said its cash position is “healthy” after reports some insurers have reduced cover for its suppliers.
One in four UK companies insolvent in last six months due to customer insolvency problems
Over a quarter of UK companies have suffered a hit to their finances following the insolvency of a customer, supplier or debtor in the last six months, according to new research.
Poundworld closes 80 stores as job losses top 1,200
A further batch of Poundworld stores are to close as administrators scramble to sell the business.
