Consumers are no longer to be charged extra for paying by debit or credit card, the government has said.
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
Royal Mail receives election boost as international business drives revenues
Royal Mail’s first-quarter revenues were boosted by an increase in political mail during last month’s General Election and a strong performance in its overseas business, reports The Telegraph. In the three months to June 25, Royal Mail’s group revenues rose 1 per cent thanks primarily to a 5 per cent growth in volumes in GLS, […]
Tesla’s share price is too high, says Elon Musk, as James Murdoch & Linda Johnson Rice join board
Entrepreneur Elon Musk was forced to clarify comments that Tesla’s share price is too high which sent stock sliding by around three per cent.
Netflix says it now has 104 million subscribers worldwide
Netflix shares surged on Monday after the firm said it now had about 104 million subscribers, a larger-than-expected number that boosted revenues.
Citigroup chooses Frankfurt as new european trading hub
Citigroup has chosen Frankfurt as its newest trading hub in the European Union.
Young families ‘hit by income slowdown’
Young families were particularly hard hit by an “abrupt” slowdown in living standards in the year before the general election, a think tank says.
Gap between inflation and wage growth weighs on consumer confidence
Consumer confidence suffered its biggest decline in two years in the second quarter of 2017, as high inflation took its toll on spending power.
Trade deal ‘essential’ to protect UK car industry
Britain must rush to agree a trade deal similar to the one being hammered out between the EU and Japan or face having the UK’s £72bn-a-year car industry taken apart, a trade lawyer has warned.
Royal Mail offers staff new pension plan to avert strike
A union representing workers rejects the move, arguing “it would still represent a significant shortfall in the pensions promise”.
Lloyd’s says cyber-attack could cost $120bn, same as Hurricane Katrina
World’s oldest insurance market warns cost to global economy of cyber-attack could be as much as worst natural disasters.
NAO nearly doubles size of loss on Government’s RBS stake sale
The Government’s only sale of Royal Bank of Scotland shares left the taxpayer nursing a bigger-than-expected £1.9bn loss, according to calculations by the National Audit Office that cast even more doubt on the state’s ability to profit from its rescue of the lender.
Southern Rail owner to pay £13m over disruption failure
Transport Secretary Chris Grayling says passengers have been let down and that the blame can not entirely be pinned on strikes.
Visa considers incentives for UK firms to go cashless
Visa has said it is considering offering incentives to UK businesses to go cashless, after introducing a similar scheme in the US.
UK public finances face twin threat from Brexit and downturn, says OBR
Budget watchdog warns country is in worse shape to withstand recession than on the eve of 2007 financial crash.
Estate agents have lowest stock of homes for 40 years
The UK housing market is in a state of lethargy, according to property surveyors, with estate agents reporting the lowest stock of properties for nearly 40 years. Members of the Royal Institution of Chartered Surveyors (RICS) said the market might continue “flatlining” for a while, reports The BBC. New instructions in June fell for the […]
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