A teenage schoolboy has become the brains behind one of the UK’s fastest-growing companies, with minimal overheads and a huge profit margin, after spotting a gap in the market.
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
Marks & Spencer’s full-year profits rise for the first time in four years
Marks & Spencer has beaten expectations as its returns to profit growth – but its full year results show a mixed performance across the group.
Co-operative Bank says making progress with turnaround plan
The Co-operative Bank has said that it was making continued progress in a sweeping turnaround plan aimed at derisking its balance sheet and focussing on individual and small business customers.
UK enters deflation for first time since 1960
Deflation has officially struck the UK for the first time in 55 years due to tumbling food and energy prices.
Explain your new strategy by emphasising what it isn’t
It is nearly impossible to translate — let alone execute – a strategy that you don’t understand.
7 harsh truths that will make you a better entrepreneur
The sooner you recognise and understand these harsh truths, the sooner you can become a better entrepreneur.
Wonga relaunch targets ‘hard-working people’ with 1,509% APR
Payday loans firm targeting a potential market of 13 million people who are ‘underserved by traditional lenders’
Apple worth $1.4 trillion
Activist investor Carl Icahn writes to Tim Cook, urging the Apple chief to increase its share buyback programme as the company’s move into TVs and cars will make it far more profitable
Business Secretary to announce £10bn red-tape cuts giving small business boost
The Government will today promise to cut at least £10bn of red tape over the next five years in order to boost British business’s ability to grow both at home and overseas.
Misbehaving at school made one man a multimillionaire
There are not many people who have become multimillionaires as a direct result of misbehaving at school, but Jack Cator is one of them.
888 comes to the £1bn online party
888 Holdings will lay its cards on the table today by declaring its intention to make a bid for its larger online gambling rival Bwin.party digital entertainment and challenge the £1 billion offer made by GVC Holdings last week.
Top bosses urge George Osborne to slash spending
Institute of Directors calls for Chancellor to support fiscal consolidation through spending cuts
Osborne calls emergency July budget to give working people election promises
The chancellor has said he wanted to make a start delivering on the commitments made in the Conservative party manifesto and pledged that his package would be a budget for “working people”
Lloyds & KPMG accused over SME insolvency
Lloyds and KPMG have been accused in a legal battle of colluding in an “insolvency club” to engineer the decline of a successful business at the expense of its director and creditors.
SMEs welcome telecoms watchdog sinking its teeth into BT
Businesses should benefit from dramatically improved broadband after Ofcom proposed that BT open up its fibre-optic cables to its rivals.
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