Mothercare has received approval from creditors for a rescue plan which could see it close as many as 49 stores.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Female office workers more likely to comfort eat than their male colleagues
Women are nearly twice as likely to comfort eat in order to deal with stress than men, according to new research.
Barclays launches £500M boost to Northern Powerhouse
Barclays has launched a new £500m growth fund for small and medium-sized businesses in the North of England as part of the bank’s commitment to support the Government’s Northern Powerhouse initiative.
UK economy to score a £1.3BN boost during World Cup
The British economy is set to benefit from a £1.33bn boost if England make it through the second round of the 2018 World Cup, rising to £2.72bn if the team make it through to the final, according to new figures released today.
Scrap MP perks says two thirds of UK residents
According to a new poll of UK residents, Members of Parliament should lose their taxpayer subsidised food and drink and have their pays reduced.
Standard Life Aberdeen to return £1.75bn to shareholders
More than a million shareholders in Standard Life Aberdeen are due for a windfall pay-out of £1bn.
Sorrell set for comeback with new advertising venture
Sir Martin Sorrell is set for a return to the London stock market just weeks after leaving advertising giant WPP.
Banks ‘charging more’ for overdrafts than payday lenders
Unarranged overdraft fees can cost borrowers up to seven times more than a payday loan, a consumer group warned.
NatWest announces £1bn extra lending to support SMEs
NatWest is making £1bn of additional lending available to UK SMEs to invest in manufacturing, technology and development.
Robot lawnmowers make the cut as sales soar by 75%
Sales of robot mowers are soaring as gardeners let technology take the strain out of cutting the lawn.
Roman Abramovich gains Israeli citizenship allowing him into UK for 6 months a year but banned from working for Chelsea FC whilst in UK
Roman Abramovich will be allowed to visit Britain for up to six months at a time after gaining Israeli citizenship, Downing Street has confirmed however he will be barred from working for Chelsea FC while in the UK.
Dragon’s Den style incubator for new businesses launches in Lincoln
Startup businesses in the East Midlands are to be given the chance to pitch for funding and support to help them reach their potential and grow.
Suez waste company calls for ‘pay-as-you-throw’ to help recycling
A “pay-as-you-throw” system for household rubbish should be introduced by 2030, one of the UK’s biggest waste firms has said
Carphone Warehouse latest high street retailer to close stores after issuing profits warning
The company blamed weak demand from mobile phones, noting that like-for-like sales were flat across the year and that gross margins continued to be challenged.
Pret A Manger to be sold in £1.5bn deal
Sandwich chain Pret A Manger is to be sold by its private equity owners for £1.5bn in a deal that could be announced as early as today.
















