Steelworks in Teesside pauses production, while UK Steel claims cheap imports and green taxes have created ‘perfect storm’ for sector
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
Hedge fund makes pitch for Quintain
An aggressive activist hedge fund has gatecrashed Lone Star’s proposed £700 million takeover of Quintain, claiming that the offer “substantially undervalues” the property developer.
Under-fire BT promises much faster broadband
BT has laid out an ambitious plan to upgrade broadband speeds in an attempt to stave off the threat of a break-up.
5 ways to cure chronic procrastination
Here’s how to start redirecting your energy from mood-fixing, goal-derailing activities and get yourself back on track.
Apprentice star Stuart Baggs firm acquired following sudden death
The Isle of Man-based communications company founded by Stuart Baggs, who shot to prominence on the BBC show The Apprentice, has been acquired following the young entrepreneur’s death earlier this year.
London knocks New York from top billing as top global financial centre
London is the world’s leading financial centre according to a global study published today, after wrestling back the top spot from New York.
UK-China stocks link plan unveiled
Chancellor George Osborne has said the UK and China are exploring how to link their stock markets.
JCB prepares to cut 400 jobs
Less than two years ago JCB was planning to create 2,500 new jobs, prompting George Osborne to christen the digger maker’s patch between Derby and Stoke as Britain’s “growth corridor”.
Entrepreneur defends decision to raise price of life-saving drug 50-fold
Medical organizations have decried the rise to $750 a pill for generic drug Daraprim but Martin Shkreli says: ‘We need to turn a profit on this drug’
No sign of runaway inflation, despite ‘robust’ UK growth
Sir Jon Cunliffe says good news on pay and productivity is being tempered by the prospect of a Chinese slowdown
VW face $18BN fine & 500,000 recall after making cars cheat diesel emissions test
American officials have directed Volkswagen to recall nearly a half-million cars, saying the automaker illegally installed software in its diesel-power cars to evade global emissions standards.
Michelle Mone tells Woman’s Hour she has done nothing illegal with tax
The entrepreneur, and newly enobled Government advisor, Michelle Mone insisted that she had “never done anything illegal” with her taxes and never would.
George Osborne optimistic about slowing Chinese economy
Chancellor George Osborne has said he isn’t worried about China’s slowing economy, which is undergoing a period of very challenging but necessary transformation.
Restaurants are top of the menu as consumer confidence returns
A potent recipe of resurgent casual dining and improving consumer confidence has whipped up more than 1,700 restaurant openings across Britain over the past 12 months, according to the latest research.
UK entrepreneurs say if Corbyn becomes Prime Minister we’ll leave Country
Some of the UK’s top entrepreneurs have threatened to leave the UK if the Labour leader Jeremy Corbyn comes to power.
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