Twitter has reported the first revenue decline in its history as a public company, but shares soared on Wednesday as improved user growth suggested the social network’s long and painful turnaround is bearing fruit.
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
Lloyds Bank’s profits rise despite ‘challenging’ times
Lloyds Banking Group has reported a rise in profits in the three months to the end of March, despite a “challenging” environment.
McDonald’s to offer all UK staff fixed hour contracts
Fast food chain McDonald’s is to allow its UK staff a choice of working fixed hours or having zero-hours contracts.
A quarter of retirees fear Brexit hit to their finances
Research finds a sizeable number of people planning to retire this year are altering their plans in the wake of the Brexit vote.
Metro Bank posts record results as new deposits crack £1bn in three months to March
The bank became the first new UK retail lender in more than a century when it opened in 2010. Deposits rose 13 per cent quarter-on-quarter in the three months to the end of March.
Outgoing Yahoo chief executive Marissa Mayer will likely get $186m payout
Shareholders will be asked to approve a huge payout for Mayer, as Yahoo is currently being sold to Verizon, the US’s largest telecom company, for $4.49bn
UK’s deficit slashed to level last seen before the financial crisis
The Government borrowed £52bn in the last financial year, a fall of £20bn compared to the year before, as the long struggle to eliminate the deficit moved closer towards its goal.
FTSE 100 adds £38bn as stocks surge on France election result
Markets breathe a sigh of relief as pro-euro Emmanuel Macron appears on course to win the French presidential election.
Brexit brain drain threatens UK universities, MPs warn
Commons education committee’s warning of an exodus of EU staff from UK universities is echoed by senior academics
Brexit worries small firms with EU staff
More than half of small firms employing workers from the EU are worried that Brexit will stop them recruiting sufficiently skilled staff.
Vodafone wastes millions on thwarted pay-TV ambitions
Vodafone’s UK arm has wasted millions of pounds on pay-TV channel contracts that it is now seeking to escape, in the latest sign of the telecoms giant’s challenges in its home market.
Builders bullish despite post-Brexit vote price increases
Small construction firms enjoyed rising workloads in the first quarter of 2017 despite concerns over the cost of labour and materials in the wake of last year’s Brexit vote, according to a survey by the Federation of Master Builders.
Inflation puts the brakes on Britain’s economic activity
Official GDP estimate – due on Friday – will reflect how weaker pound has pushed up the cost of imported goods.
Finance firms seek to use Brexit to roll back employment protections
Almost one in three companies are pushing for a cap on the amount employment tribunals can award people in discrimination and equal pay cases.
Energy bill cap ‘will hit consumers’
Plans by the Conservative Party for a cap on household energy bills will lead to fewer benefits for consumers, says one of the UK’s biggest providers.
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