The way that England’s railway network is run is set to be overhauled under plans outlined by Transport Secretary Chris Grayling.
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
Amazon to open store with no checkouts
In a store set to open in early 2017, you scan in with your phone when you arrive, and you automatically get an e-receipt when you walk out with your goods
Online shopping steals record share of retail spending
A record one in four pounds was spent online during last month’s Black Friday discounting drive, according to fresh figures from the British Retail Consortium.
Thousands of UK restaurants could go bust, accountancy firm warns
Higher cost of importing food and wine – due to weaker sterling – and rising wage bills could hit over 5,000 companies.
Christmas comes early for Fortnum & Mason as it reveals record results
Luxury retailer Fortnum & Mason has announced record sales and profit growth of more than 25 per cent for the third year in a row, and revealed that it has increased trading with domestic UK brands over the past 12 months.
RBS offers to settles shareholder lawsuit for £800m
Royal Bank of Scotland (RBS) has reached a “final settlement” with three out of the five shareholder groups bringing compensation claims against it in connection with its 2008 rights issue.
Euro wobbles after Italian referendum
The euro fell sharply against the dollar after Italian Prime Minister Matteo Renzi suffered a heavy defeat in Sunday’s referendum.
Alan Sugar makes major gaffe by revealing The Apprentice winner on Twitter three weeks before the final
He is notorious for his withering assessments of the bungling young competitors who appear on The Apprentice.
Rolls-Royce to cut 800 jobs from its marine business
British engineering firm says cuts are part of plans to save between £45m and £50m annually from the middle of 2017.
MPs call on the taxman to up its game
A key parliamentary oversight committee has criticised the taxman’s plans to cut costs and urged authorities to lead the way in combating the opaqueness of multinational corporations’ tax affairs.
Britons to splurge on Christmas despite Brexit uncertainty
Britain’s vote to leave the European Union has had no effect on the majority of shoppers Christmas spending plans, according to fresh figures.
Train fares to rise by average of 2.3%
Train fares in Britain will go up by an average of 2.3% from 2 January, the rail industry has announced.
Farming industry demands access to single market post-Brexit
Some 75% of food exports in the UK go to the EU, and the sector has concerns over access to seasonal workers.
British Gas to freeze standard energy tariff
The UK’s biggest energy supplier, British Gas, is freezing its standard tariffs for the coming winter.
Bank of England in talks with £5 note supplier over use of animal fat
Innovia says it is looking into potential solutions after receiving complaints about use of tallow in production of polymer note
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