A fishing net with a built-in “emergency exit”, designed by a young British inventor to tackle overfishing, has won the annual James Dyson global award for inventors.
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
Shock jump in UK inflation to 2.7pc
UK inflation jumped to a surprise five-month high of 2.7pc in October as higher university tuition fees and food costs pushed up the cost of living for British households.
Will Britain’s post-recession economy be resurgent, stagnant or greener?
Before 2007, the UK was humming on the back of a borrowing binge. But though growth is returning, will the old system?
Bibby admits ‘unethical’ deals with brokers
Bibby, the UK’s largest independent provider of asset-based lending, has admitted sharing controversial fees it charges when its clients fail with brokers.
Goldman Sachs scheme puts entrepreneurs on track
Vince Cable visits 10,000 Small Businesses scheme, which is aiming to improve management skills in established small and mid-sized companies.
Vince Cable: Bundle up SME debt to boost lending
Business Secretary Vince Cable says that the Government’s £1bn Business Bank will include an agency that parcels up small business debt and sells it on to investors.
G4S loses Wolds prison contract after Olympic fiasco
Security company stripped of responsibility for running private prison in east Yorkshire after Olympic fiasco
Davies inquiry may set FTSE 250 firms targets for level of women directors
Peer’s inquiry prepares to advise on female hiring rates as it notes 94 listed companies with all-male boardrooms
European commission predicts UK recovery in 2013
Commission forecasts a contraction of 0.3% in the UK economy this year but a 0.9% expansion in 2013, making it the fastest growing of Europe’s big five economies
Bank of England must return interest levels to normal, says Andrew Sentance
The Bank of England should draw up plans to return interest rates to “a more normal level”, a former member of the Monetary Policy Committee has said ahead of Thursday’s key decision on money printing.
ING blow to small business investment plans
Hopes of small business driving the UK’s economic recovery have been dealt a blow after a leading finance provider withdrew a crucial source of finance for entrepreneurs.
M&S ditches celebs as profits fall
Marks & Spencer has dropped celebrities in its Christmas adverts for the first time in 12 years
Karren Brady aims to make Olympic Park home of West Ham football club
West Ham United boss Karren Brady has high hopes for Olympic Stadium and for more women to run UK businesses
Financial Times could be sold by Pearson for £1bn
The owners of the Financial Times are looking to sell the newspaper in a deal that could see it change hands for more than £1bn, it emerged on Tuesday night.
Small companies to put cash pile to work
Small manufacturers are planning to hire more staff and boost spending in a tentative sign of returning confidence.
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