The government has confirmed its remaining shares in Lloyds Banking Group have been sold, eight years after pumping in £20bn to save it.
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
Banks accused of failing to protect customers from transfer scams
One victim was offered 10p in compensation by their bank after criminals cleared their account of £17,500, Which? said.
Debt fears grow as county court judgments soar by 35%
Figures highlight growing alarm at Bank of England and among MPs over rapid rises in household spending fuelled by extra borrowing.
Ford to cut 10% of salaried jobs across the pond
Ford is planning to cut 10 per cent of its salaried workforce in North America, according to reports.
JPMorgan agrees to buy new Dublin office for 1,000 staff
Bank says new space will give it ‘flexibility within the European Union’.
EasyJet half-year loss widens on weaker pound
EasyJet has reported a larger loss for the the first half of its financial year, partly due to the impact of the lower pound and the timing of Easter.
Facebook’s Sheryl Sandberg makes call to help working mothers
The Facebook CFO is one of the most influential women in American business.
Assist in talks to rescue Sports Direct staffing agency Transline
Assist Resourcing is close to a rescue deal for the controversial agency which supplies workers to Sports Direct.
No1 Seedr? Andy Murray backs more UK startups
Tennis star backs two fledgling firms on crowdfunding platform Seedrs, including company behind world’s first flat folding helmet.
The end to fast UK employment growth is imminent
The number of people in employment is set to increase a moderate 0.6 per cent this year and then fall by 0.1 per cent in 2018, according to the EY ITEM Club special report on the labour market published today.
Microsoft warns ransomware cyber-attack is a wake-up call
A cyber-attack that has hit 150 countries since Friday should be treated by governments around the world as a “wake-up call”, Microsoft says.
Tesco boss Dave Lewis takes bonus hit despite sales progress
The UK’s biggest retailer discloses cuts to the bonus awards of top executives as Tesco continues efforts to grow sales.
Number of zero-hours contracts stalls at ‘staggering’ 1.7m
ONS statistics suggest faltering popularity in UK, but campaigners warn of rise of short-hours contracts for workers.
Business investment and global recovery will aid UK growth, says Bank of England
Stronger business investment and the ongoing global recovery will ensure economic growth this year remains solid, even as households face the biggest real income squeeze since 2013, according to the Bank of England.
Nationwide mobile ‘not-spots’ are hobbling UK businesses
A lack of mobile coverage is impairing vital tasks such as working on the move and online trading.
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