Fully charged: Dyson to invest £1bn in new battery technology as it announces profit rise and hike in battery-enabled vacuum cleaner sales
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
Brexit could cause £100bn short-term shock to the economy, warns the CBI
The uncertain fate of Britain’s trade relationships in the event of Brexit could knock up to 5pc from the country’s GDP and leave us close to recession for several years, according to research commissioned by the CBI business group.
London’s Square Mile job market is failing job seekers under 24
London’s economy may be famously buoyant, but the Square Mile that has fuelled its prosperity is signally failing to create jobs for the capital’s young people.
Soft drink giants prepare to sue government over sugar tax
Coca-Cola and other drink makers are poised to sue the government over George Osborne’s new sugar tax.
Sainsbury’s set to raise bid as Argos takeover deadline approaches
Supermarket locked in battle with South Africa’s Steinhoff International as price for catalogue-based retail chain expected to hit £1.5bn
European Central Bank’s chief economist Peter Praet says interest rates could go ever lower
The European Central Bank’s chief economist Peter Praet has said the bank can take interest rates even lower if the Eurozone economy fails to pick up.
Oil price smashes $40 mark
Oil prices rose to their highest this year, breaking through the $40 barrier, as investors bet that markets were starting to rebalance after a production freeze led by Russia and Saudi Arabia.
Household debt binge has no end in sight, says OBR
Britain’s credit binge has no end in sight as weak pay growth and low interest rates encourage households to load up on debt, official forecasts show.
PwC signs up as first tenant for £500m Birmingham regeneration
Professional services firm PwC has become the first business to take up space in a vast new redevelopment of Birmingham city centre, three years before the first building is finished.
Manners maketh management: Tesco bosses told to be nicer to staff
Supermarket’s UK boss Matt Davies wants to develop culture of appreciation of staff to boost customer service
Welsh e-cigarette ban is defeated after Labour politician makes ‘cheap date’ jibe
Welsh Labour plans to ban e-cigarettes in public places where children and young people are present were defeated today.
Heathrow ‘jumps gun’ and awards runway contracts
Heathrow faced claims that it had “jumped the gun” over a third runway yesterday by awarding contracts worth millions in an attempt to kick-start the project.
Pound drops to new lows as Brexit fears consume markets
The slumping pound, spurred by the risk of the UK leaving the European Union, has earned the currency a dubious accolade.
Celebgate hack: Man to plead guilty to nude photos theft
A man has been charged with hacking the Apple iCloud and Gmail accounts of celebrities and stealing nude photos and videos from them.
Google helps taxis take on Uber as Maps update integrates black cab ordering option
Anyone searching for journey information on Google will now be offered fares in one of London’s black cabs in map search results, giving the traditional industry a leg up in its battle with Uber.
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