British Retail Consortium says that the sector will be much smaller in 2025, but remaining jobs will be ‘more productive and higher earning’
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
Morrisons agrees fresh food deal with Amazon
Morrisons, Britain fourth largest supermarket chain, has signed to deal to supply Amazon with fresh food.
Sports Direct to rely less on Mike Ashley credit
Retailer had been using a £250m loan provided personally by Ashley and now faces higher borrowing costs
These UK unis produce the most chief executives
London Business School produces the most business leaders and chief executives, while Oxford University has the most graduates on £500,000 plus
London Stock Exchange admits £20bn German merger could be damaged by Brexit
The London Stock Exchange has admitted its planned £20bn merger with Deutsche Boerse could be thrown off course were the UK to vote to leave the European Union.
RBS records £2bn loss after further charges
Royal Bank of Scotland (RBS) has announced its eighth consecutive annual loss, blaming restructuring and past conduct costs.
UK businesses battling huge rise in cybercrime
PwC says not enough companies are dealing with big threat of economic crime and problem of ‘silver fraudsters’
Over 50s now more likely to vote for a Brexit than to stay in the EU
Over 50s are not that keen on David Cameron’s latest EU deal, a survey released by Saga today would suggest.
BT escapes being split up in push for faster broadband
Ofcom has proposed a series of reforms designed to open up competition in the broadband market and automatically compensate frustrated internet customers but has opted against a more radical split of BT to shake up the market.
Lloyds shares jump as it announces special dividend
Shares in Lloyds Banking Group jumped by as much as 11pc today – the highest one-day gain in nearly six years – after the lender announced that shareholders were in line for a special dividend payout, despite a fall in full-year profits.
Carney: Bank of England could cut interest rates to zero, but not below
The Bank of England could cut interest rates to zero, but will seek to avoid following Sweden, Denmark and the eurozone by setting negative rates to bolster growth and inflation.
SME representatives tell the Work and Pensions Committee of clash between new pension & living wage obligations
Smaller employers need to act now to understand what is required of them under the pensions auto-enrolment rules, small business representatives have cautioned.
BT makes £1bn Ofcom pledge to avert break-up
BT has told Ofcom that it will increase its £1 billion investment in the national broadband network to ward off the threat of a break-up of its business.
Aston Martin commit multi-million pound investment and 750 new jobs in Wales
A new all-electric 4×4 Aston Martin model, the DBX Concept car, is to be manufactured in Wales, it has been revealed.
Sainsbury’s given 18 March deadline for new Home Retail bid
The supermarket was set to buy the Argos owner until South African company Steinhoff International tabled a surprise offer
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