Stock exchanges planning to cut costs by £354m a year over three years
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
School days to be extended in £1.5bn drive for success
Hundreds of thousands of pupils will finish school at least an hour later under plans to drive up standards.
Nicola Sturgeon says small businesses vital to Scotland
The next Scottish Government must address Scotland’s patchy mobile coverage and deliver universal superfast broadband the Federation of Small Businesses has said.
Banks pay junior staff bigger bonuses in fight for talent
Junior staff in London investment banks are scooping a much bigger percentage of the bonus pool at the expense of their bosses, according to an analysis of pay in the securities industry.
Third of UK companies think a cyber attack is inevitable
More than a third of business chiefs in the UK believe their companies will be hacked at some point in the next 12 months and it’s telecoms and utility firms that are most at risk.
RBS to cut 550 jobs as part of plan to automate investment advice
Bank will limit face-to-face advice to people with more than £250,000 to invest in bid to cut costs after falling £2bn into red
Osborne must cut spending by £4bn to hit deficit target
The chancellor is poised to announce further cuts of about £4 billion to government spending by the end of the decade in a budget that reflects growing uncertainty over the economic recovery.
Economic growth drops to three year low
London’s economic growth plummeted to it lowest since 2013 in February, a survey of businesses shows this morning.
UK reliance on gas-fired power hits five year high
The UK’s reliance on gas-fired power has reached its highest level in five years and will accelerate the growing dependence on foreign energy supplies this summer, according to market data.
John Lewis staff celebrate bumper pay day
John Lewis staff celebrate as retailer announces bonus figures of five weeks salary all round.
Mike Ashley berates ‘antagonistic’ MPs over summons to give evidence
Sports Direct’s founder, Mike Ashley, has accused MPs of being “deliberately antagonistic”, claiming they were abusing parliamentary procedure by trying to force him to give evidence to a committee.
UBS and Deutsche Bank lose bonus tax challenge
Supreme court backs HMRC and rules bonus schemes operated by investment banks are not exempt from tax
MPs threaten to summon Ashley over no-show snub
The billionaire founder of Sports Direct has been warned that he faces parliamentary censure after avoiding a request to give evidence to MPs over allegations surrounding the retailer’s treatment of junior staff.
Government defeated over plans to relax rules surrounding Sunday trading hours
MPs dealt a major blow to Prime Minister David Cameron and chancellor George Osborne tonight by defeating government proposals to relax rules surrounding Sunday trading hours in England and Wales.
Google’s Eric Schmidt says driverless cars could hit UK streets
Google is considering trialling its driverless cars in the UK, the chairman of its parent company has revealed.
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