Tesco has agreed to pay a fine of £129m to avoid prosecution for overstating its profits in 2014.
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
Businesses need more stability on export support, BCC warns
One of the UK’s largest business lobbyists is calling for more “stability” in export planning ahead of the formal launch of Brexit talks.
Almost one in five of Britain’s SMEs are missing payday in battle to stay afloat
In a competitive and uncertain economic landscape, small businesses were found to be predominantly self-financing.
Dyson ‘enormously optimistic’ about post-Brexit trade
Sir James Dyson has said UK business success lies beyond Europe because that is where the fastest growth lies.
BT to pay $429 million for late network installs for rivals
BT Group Plc was fined a record 42 million pounds and ordered to pay another 300 million pounds to competitors after an investigation found the former phone monopoly failed to adequately reimburse them for service delays.
Retail sales bounce back as British shoppers return to the high street
Shoppers hit the high street again in February, splurging once more after holding back in January.
RBS and NatWest banks to close more than 150 branches costing 470 jobs
The bank said that 30 RBS and 128 NatWest branches would be shut.
Deutsche Bank puts faith in Brexit Britain with new City headquarters at 21 Moorfields
Deutsche Bank, Germany’s biggest lender, has given London a resounding vote of confidence by agreeing a 25-year lease on new UK headquarters in the Square Mile.
Robots to affect up to 30% of UK jobs, says PwC
Robotics and artificial intelligence could affect almost a third of UK jobs by the 2030s, according to a study.
Bank cheques to be cleared within a day
Bank customers who pay cheques into their accounts will soon be able to get the money cleared within one working day.
Cadbury forced to explain why its chocolate is halal
Cadbury has been forced to respond to furious customers after an old picture surfaced online indicating that its chocolate Easter eggs in the UK are halal certified.
London Taxi Company opens £300m Coventry plant for electric cabs
First new UK car plant for more than a decade, creating 1,000 jobs, comes amid industry uncertainty over Brexit
Goldman to add ‘hundreds’ of jobs in Europe ahead of Brexit
Goldman Sachs has fired the starting gun on its Brexit contingency plans, confirming that jobs will be moved out of London while “hundreds” of roles will be added across Europe.
London living cost falls to lowest level in decades in international ranking
The study, conducted by The Economist Intelligence Unit, found that Manchester fell 25 places to 51st spot – the steepest decline of any city surveyed this year.
BBC accused of Brexit bias by more than 70 MPs: MPs’ letter in full
A group of more than 70 MPs has written to the BBC director general Tony Hall in an attack on the broadcaster’s Brexit coverage.
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