UK cereal firm Weetabix is to be bought by US firm Post Holdings for $1.8bn (£1.4bn), its owner has confirmed.
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
Fifth of British businesses hacked by cyber criminals
Only a quarter of firms say their business has security measures in place to guard against hacking.
UK high streets report busy Easter thanks to mild weather
Although footfall declined by 5.9 per cent on Good Friday, it increased by 4.6 per cent on Easter Saturday and also rose on Sunday compared to last year
British families face price rises as businesses pass on higher costs
Families should brace themselves for steeper price rises after a leading accountancy body warned that protecting customers from higher costs is now “unsustainable” for businesses.
Living standards in UK fall for the first time since 2014
Despite another fall in unemployment and a rise in vacancies, inflation outstripped pay growth in February.
RBS could take £1.5bn hit from plan to drop Williams & Glyn sale
The European Commission has warned that a £750m plan that will allow Royal Bank of Scotland to abandon a troublesome sale of its Williams & Glyn business could eventually deal a £1.5bn hit to the taxpayer-backed lender.
Royal Mail plans to close defined benefit pension scheme next year
The company’s annual pension contributions are currently around £400m but if no changes are made that figure could more than double to over £1bn in 2018.
UK employers urged to act on mental health and stress-related illnesses
More the half of UK employers believe stress and mental health illnesses are escalating, according to new research.
UK firms ‘struggling to recruit staff’
UK firms want to recruit more workers but cannot find or afford the right staff, a survey has found.
UK internet ad spend passes £10bn as Google faces YouTube row
Companies more than double spending on mobile video ads as Britons watch clips, TV and movies on smartphones.
Tesco unveils first UK sales growth for seven years
Tesco has claimed that its turnaround plan is ahead of schedule after unveiling its first rise in UK sales for seven years while profits have broken through the £1bn mark.
More auto-enrolment deadlines are being missed as emphasis shifts to Britain’s smaller businesses
More of Britain’s companies are missing deadlines for setting up auto-enrolment platforms than ever before, new research has revealed.
Hacking attacks on UK businesses cost investors £42bn
A typical FTSE 100 firm is worse off by an average of £120m after a breach.
Barclays security chief faces disciplinary action
The head of security at Barclays faces an internal disciplinary probe over his part in a whistleblowing inquiry.
United Airlines lost almost $1bn days after passenger’s violent eviction
Reeling from a public relations debacle triggered by the forced removal of a passenger on Sunday, United Airlines saw its stock price dip by as much as 4.4 per cent before it recovered most of its losses and ended the day with a more modest drop.
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