Rangers are looking to bring their tumultuous relationship with Sports Direct to a close by formally giving notice to the Mike Ashley company to end their commercial partnership – yet the two companies could still be tied together until 2023.
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
January sales provides relief for retailers
The souring economic mood failed to dampen the spirits of consumers who flocked to the shops in January and also splurged on the biggest-ticket item for most households, new cars.
Carney downgrades UK growth prospects as rate rise kicked into long grass
Monetary Policy Committee votes unanimously to hold rates and says wages likely to remain subdued for longer
Campaigners attempt to test Google “Tories are/Labour are” autocomplete “conspiracy theories”
A conspiracy theory that Google is blocking negative auto-suggestions for “Conservatives are….” is being put to the test by campaigners trying to train the search engine into offering particularly mean ones.
Shell profits battered by global slump in oil prices
Profits at Royal Dutch Shell more than halved last year, as the oil giant’s oil production business struggled in the face of the steepest collapse in crude prices for decades.
Brexit could slash sterling by 20%, warns Goldman Sachs
US bank believes UK will vote to stay in EU but a decision to leave would interrupt foreign capital inflow and put pressure on current account deficit
Rolls-Royce can avoid ‘death by a thousand cuts’ with £1bn fundraising
Analyst says Rolls-Royce boss can end speculation about embattled engineers’ future by fundraising and a dividend cut
George Osborne will not balance books by end of decade
The National Institute of Economic and Social Research (Niesr) adds that uncertainty surrounding Britain’s referendum on EU membership means it is also likely interest rates will remain on hold for most of this year
London’s technology companies are moving east to Canary Wharf
Canary Wharf, the east London financial district, will have the strongest rental growth in the U.K. capital this year as technology companies seek room to grow.
Amazon Boss Joins DWP Board Amid Tech Tax Row
The head of Amazon’s Chinese operations is joining the board of the Department for Work and Pensions (DWP) despite the intensifying row about the UK tax affairs of multinational technology giants.
UKs 10 happiest cities to work in revealed
If you’re looking for greater satisfaction in your working life then don’t work in London.
Tesco store staff to get extra 3.1% in pay deal
Nearly a quarter of a million of Tesco’s shopfloor staff are to get a 3.1 per cent pay rise, taking most of them to £7.62 an hour.
Stelios Haji-Ioannou opens easyFoodstore with 25p offer
EasyJet founder takes on supermarkets with discount grocery store in north-west London
Google parent pushes Apple off top slot
Alphabet unofficially overtakes Apple’s value in after-hours trading despite its ‘moonshots’ losing it $3.5bn over 12 months.
Sainsbury’s ups Home Retail Group bid to £1.3bn
Sainsbury’s has made an 11th hour offer for Home Retail Group, upping its bid to a total of £1.3bn.
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