Like-for-like sales down 0.2% on same month last year, suggesting consumers delaying spending until US-inspired discount day in November
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
Tesco faces ‘potentially lethal cocktail’ of business rates, wages hikes and poor profits
Chief executive Dave Lewis says the government is making life more difficult for the struggling supermarket giant
Slowdown in trade ‘poses risk to world economy’
A sharp slowdown in world trade threatens to put the global economy at risk, the Organisation for Economic Co-operation and Development has warned.
National Grid kicks off sale of UK gas distribution business
UK power operator National Grid has kicked off a process for the potential sale of a majority stake in its gas distribution business.
Why becoming an expert may make you a bad team player
New research indicates that people who view themselves as experts are more likely to be dismissive of other viewpoints.
Floors-2-Go brothers face threat of jail
Two brothers who built the Floors-2-Go retail empire have been threatened with prison by a High Court judge after the business went into administration for a third time.
E.On to pay £7m for smart meter failure
Ofgem has ordered “Big Six” energy supplier E.On to pay £7m for failing to supply its business customers with energy-efficient smart meters.
Women effectively working for free until end of year
Fawcett Society calculation sets symbolic date as 9 November with men in full-time work earning over 14 per cent more than women
Steelmakers demand EU action to stop China dumping output in Europe
Crisis-hit steel industry calls for European action to ease pressure on struggling companies
Amazon opens physical bookshop
Amazon is opening a bookshop in Seattle in a move it described as a “physical extension” of its business.
Richard Branson could launch Uber rival
Sir Richard Branson could launch a rival to taxi-hailing app Uber, the Virgin founder has admitted. The billionaire, who has built a conglomerate spanning transport, financial services and telecommunications, said his company should be involved in the sharing economy, competing with the likes of Uber and home-renting service Airbnb, reports The Telegraph. “I quite often […]
Christmas ad campaigns launch in ‘make or break’ time for brands
James Murphy is a busy man, overseeing five of the biggest festive sales drives and getting ready to keep Britain in Europe
Older homeowners’ wealth set to double to £2.5 trillion by 2035
With their property wealth set to double over the next 20 years, the over 55s have a reason to cheer
Robots on the way to take over your world
Cheap, efficient and emotionally intelligent robots may edge out legions of workers over the next 20 years, experts have predicted.
Brexit would force Britain ‘back into recession’
Leaving the EU would plunge Britain back into recession, damage the country’s long-term growth potential and drive up government borrowing, Morgan Stanley has warned.
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