Facebook has deleted thousands of UK accounts and overhauled its news feed in an attempt to battle fake news, following vocal criticism of the internet giant’s role in the phenomenon.
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
The UK is the third most attractive destination for M&A deals
Over half of UK companies are expected to pursue mergers and acquisitions (M&A) in the next 12 months, up three per cent from October 2016.
Euro steady after Macron wins French presidency
The euro hit a six-month dollar high before falling back as markets reacted to Emmanuel Macron’s victory in France’s presidential election.
HSBC spends more on fighting financial crime as profits fall by 19%
Britain’s biggest bank says it has hired more staff and spent extra on compliance as part of deferred prosecution agreement.
Google settles huge £259m tax bill to end criminal investigation into alleged avoidance
Google will pay £259m to settle a tax dispute in Italy and end a criminal investigation into whether it avoided paying the full amount on its revenues in the country for more than a decade.
M&S names Archie Norman as new chairman
Retail veteran and former Conservative MP Archie Norman has been named Marks and Spencer’s new chairman.
Lloyds Bank £1.9bn takeover of MBNA will not face in-depth regulator scrutiny
UK competition authorities have decided not to perform an in-depth probe of Lloyds Bank’s £1.9bn takeover of credit card firm MBNA.
UK SMEs are starting to feel the pinch of inflation
Average domestic prices, export prices and unit costs all rose at their fastest rate in six years during the first quarter of 2017.
Plunge in new car sales blamed on vehicle tax changes
Registrations fell by nearly 20 per cent after motorists had rushed to make purchases in the prior month before new tax rates came into force.
Deadline to dig out old paper £5 notes
Millions of paper fivers are still in purses, wallets and piggy banks, despite the banknote ceasing to be legal tender by the weekend.
HSBC first-quarter pre-tax profit falls 19%
Britain’s biggest bank says reported earnings are due to accounting changes as it continues to count cost of restructuring
Imagination Technologies opens dispute with Apple over iPhone chip
Imagination Technologies has opened a dispute with Apple over the tech giant’s use of its technology in the iPhone after the two sides were unable to come to an agreement.
Where is the UK’s best place for 4G connection?
The average 4G availability across the UK is 65%, which means that users have access to 4G less than two-thirds of the time.
Brexit: UK will ‘not pay €100bn divorce bill’ says Davis
The UK will not pay a €100bn (£85bn) “divorce bill” to leave the EU, Brexit Secretary David Davis has insisted.
Banks stung customers with £300m in ‘extortionate’ overdraft fees in 2016
Customers were hit with £33 in fees for an average overspend of just £60. For 5 per cent of those affected the charges exceeded £100.
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