Texts, emails and voicemails could be considered a valid will by courts under a radical overhaul of inheritance laws being proposed by the Law Commission, reports Sky News. It believes present rules concerning wills are outdated and need to be brought into the “modern world” because they are “failing to protect the vulnerable” by not […]
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
Sports Direct buys 26% stake in Game Digital
Mike Ashley swoops on video games retailer after profit warning forced by shortage of Nintendo Switch consoles.
Southern Rail owner fined £13.4m over delays
The operator of Southern Rail will spend more than £13m on “customer improvements” after reaching an agreement with the Department for Transport, reports The Telegraph. The Go-Ahead group, which has experienced 18 months of disruption due to repeated industrial action, said the payments were a result of the impact of those strikes on train performance. […]
Tesco takeover of Booker could damage competition in 350 areas, watchdog warns
The competitions watchdog has pinpointed more than 350 local areas where competition could be damaged by Tesco’s planned £3.7bn takeover of Booker.
Aldi has better customer service than M&S and Waitrose
Aldi is not only showing rivals how to do it on pricing: now the budget grocer is leading the way on customer service.
Cash no longer king as contactless payments soar in UK stores
Landmark moment as cards now account for more than half of all purchases, according to British Retail Consortium.
Rise of robots will ‘break the social ladder’ and could cost 15 million UK jobs
A Unite spokesman says the Government “doesn’t have a strategy” to deal with the rise of technology following a new report.
Lloyds Bank to abolish charges for unplanned overdrafts
Fees for unplanned overdrafts are to be scrapped for the 20 million customers of Lloyds Banking Group, which includes the Halifax and Bank of Scotland.
Pearson to raise £776m by selling 22% stake in Penguin Random House
Struggling FTSE 100 education publisher Pearson has agreed to sell a 22 per cent stake in Penguin Random House in a bid to raise around $1bn (£776m).
M&S share price drops as clothing declines again
Marks & Spencer’s share price dropped this morning, as the retailer posted yet another quarterly drop in clothing sales – although the rate of decline is beginning to slow under new chief executive Steve Rowe.
Co-operative Bank sale advisers to be paid £15m despite hedge fund deal
BAML and UBS will be paid a “success fee” despite the Co-op Bank being rescued by its existing investors.
Recruitment advisers’ tax scheme liquidated after HMRC asks questions
Evidence shows parts of aggressive tax avoidance scheme promoted by Anderson Group have been closed abruptly.
‘UK should end cash-in-hand economy’
The author of a government review into work practices is calling for an end to the “cash-in-hand economy”.
BBC considers app cull to take on Netflix and Amazon
The BBC is considering a cull of its mobile apps in the next phase of its rearguard action against the growing influence of Netflix and Amazon.
Risk of poverty in UK greater when father is sole breadwinner, finds IFS
Stagnant pay for men over past two decades and fast-rising earnings for women mean families relying on dad’s pay alone are more vulnerable to hardship.
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