Ladbrokes share price jumps as it beats expectations – but new gambling and point-of-consumption taxes take their toll
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
Ford steers towards driverless cars
Ford is embarking on an investment splurge with the aim of launching a vehicle that will take over from the driver in traffic jams in what could be a big step towards a future of driverless cars.
North Sea oil investment to slump 90% this year as losses mount
This year nearly half of all UK oilfields could operate at a loss, sparking fears for the future as investment dries up
HSBC ‘not making enough progress in tackling financial crime’
Official monitor installed in the bank had refused to sign off on HSBC’s efforts to improve compliance after the money laundering scandal
Break up BT to boost the economy
Jeremy Darroch, the chief executive of Sky, has warned that Britain risks falling further behind other countries on broadband speeds if Ofcom does not break up BT and foster an era of fibre investment.
Buy to let investors are swarming the property market ahead of April’s surcharge
Buy to let investors are swarming the property market ahead of April’s surcharge, but supply is actually rising
Pound suffers biggest drop in almost a year as Boris Johnson sparks Brexit fears
The Mayor of London’s decision to back the ‘leave’ campaign sent sterling tumbling
GMB Union slam M&S for £29M contract to ‘Del Boy’ agency run from ex-council flat
M&S are in breach of their own code of Ethics with their systematic exploitation of low paid and vulnerable workers says GMB
Sports Direct boss Mike Ashley agrees to meet MPs over working condition claims
Sports Direct boss Mike Ashley has agreed to meet MPs for the first time, in an attempt to head off ongoing criticism of his company’s working practices.
Interest rate rise judged unlikely as inflation increases only slightly
The prospects of a rise in interest rates from the Bank of England has receded after the latest official figures showed only weak upward pressure on the cost of living.
Online alternative finance market doubles in 2015 to £3.2bn
The online alternative finance market almost doubled in 2015 to £3.2bn according to a report from the Cambridge Centre for Alternative Finance and innovation foundation Nesta.
BHS hopes new financial backing is a blockbuster of a deal
The owner of BHS has secured a loan from an American restructuring company best known for trying, and failing, to rescue Blockbuster.
UK living standards return to pre-financial crash levels
Living standards in the UK have finally made up the ground lost as a result of the financial crash following the boost to incomes provided by rising employment and falling inflation, according to the Resolution Foundation.
Saudi agrees to freeze oil production
Saudi Arabia’s oil minister has agreed to freeze oil production at January levels, indicating that the country may be willing to reassess its ‘lower for longer’ policy that has dragged down prices for more than 18 months.
Regime change is next on agenda at HSBC
HSBC may replace its top two bosses within a year after ending speculation over the location of its headquarters by deciding to stay in Britain.
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