Duncan Bannatyne is plotting a £300m listing of his gym and spa empire on London’s junior stock market
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
MPs warn too few people understand the new state pension
While the new state pension will ultimately be welcome as it provides simplification, too few people understand the changes, MPs have warned
Scotland facing deficit three times greater than UK
Forecast from the Institute for Fiscal Studies says a collapse in oil prices has left a growing gap between Scottish spending and tax income
This February was the best for remortgaging since 2009
The value of remortgage lending topped £4.4bn last month, the largest amount recorded in the month of February since 2009.
‘Flash crash’ trader loses fight against extradition
Navinder Sarao can be sent to US to face trial, judge rules
Next facing ‘toughest year since 2008’ financial crisis, warns boss Lord Wolfson
High street retailer Next is preparing for the “toughest [year ahead] we have faced since 2008”, according to chief executive Lord Simon Wolfson.
Royal Bank of Scotland pays back £1.2bn to the Treasury
Edinburgh-based bank makes payment to government under scheme agreed in 2009
Credit Suisse’s share price rises as bank speeds up restructuring with 2,000 job cuts
Credit Suisse is accelerating its restructuring and cost-saving programme, with the confirmation that 2,000 jobs are being cut in its global markets division.
TVR on track for new base in Wales
The new £300 million Circuit of Wales racetrack and testing facility is to be the base for the resurrected British sports car maker TVR.
Premier Foods rejects bid approach by US food giant McCormick
Shares in Premier Foods have soared this morning after the maker of Mr Kipling cakes and Bisto Gravy confirmed that it had received and rejected a £495m bid approach from US food giant McCormick.
George Osborne to defend Budget ahead of Common vote
Chancellor George Osborne is to defend his handling of the economy ahead of a Commons vote to approve his Budget.
Britons putting off summer holiday bookings after terrorist violence, says Thomas Cook
Britons are delaying booking their summer holidays because of growing concerns over terrorism, according to Thomas Cook.
We’re in trouble, admits Sports Direct’s Ashley
Mike Ashley admitted yesterday that Sports Direct was in trouble, blaming MPs for creating a spiral of negative publicity surrounding the company.
National Living Wage: 1.7m self-employed to miss out – think tank
More than 1.7m self-employed workers will earn below the new National Living Wage when it comes into force in April, a think tank has warned.
Overworked HMRC won’t snare as many tax dodgers as it had planned
The drive to collect more than £1 billion from offshore havens as part of an agreement with crown dependencies is now forecast to raise only £270 million, partly because Revenue & Customs is struggling to cope with the workload.
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