State-backed Lloyds Banking Group has been fined a record £117m for mis-handling payment protection insurance (PPI) complaints by the City watchdog.
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
We have done right thing on tax, insists Starbucks
The boss of Starbucks has launched a withering attack on the way in which the British media reported the tax scandal that engulfed the company.
Why you should hire the well traveled
What does racking up air miles have to do with high performance at work?
Wristband that tells you when you’ve had enough sun
Fear of skin cancer is stopping people getting much-needed vitamin D, Dr David Hazafy says
Contactless drives 10% rise in card payments
Low-value transactions drove a 10 per cent rise in purchases made on a card in 2014 compared with a year earlier.
UBS bosses told staff to rig rates, Tom Hayes claimed
Banker on trial told Serious Fraud Office that Libor manipulation was an open secret
11 things ultra-productive people do differently
Ultra-productive people achieve more because they think differently.
UK companies set to cash in on digital media
The value of Britain’s thriving entertainment sector will soar over the next four years as electronic books, streamed music and online advertising fuel growth in the public’s digital media habits.
Record fall in fresh food prices drives retail deflation
May’s drop in shop prices reinforces view that UK inflation will be low for rest of year
Britain can afford to live with high debt ‘forever’, says IMF
Living with high debt may be the “optimal policy” for countries such as the UK, Germany and the US, according to IMF economists
Jamie Oliver’s restaurant group offers potential VC’s menu of strong profits
The business created by chef Jamie Oliver which runs his Jamie’s Italian and Barbecoa chains has appointed Royal Bank of Canada to attract investors with equity firm 3i among those approached
Americans put Telecity in their transatlantic shopping trolley
Britain’s biggest datacentre company has been added to the bandwagon of UK technology companies heading for American hands.
Apple turn up volume in music streaming war as it sound checks Spotify rival
Whilst many media and technology commentators have been openly discussing the prospect of Apple pivoting its iTunes it appears that the tech giant is weeks away from launching a Spotify rival.
HSBC boss Stuart Gulliver expected to announce tens of thousands of job cuts
Up to 20,000 job losses are reported to be on the cards as the chief executive attempts to pacify investors by reducing costs to bolster profitability
Why leaders should coach more often
There are managers who coach and managers who don’t. Leaders in the latter category are not necessarily bad managers, but they are neglecting an effective tool to develop talent.
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