Frank Field, co-chair of the parliamentary inquiry into BHS demise, makes comments before Comons debate on retail tycoon.
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
Construction demand stays strong for SMEs in wake of Brexit vote
Consumer demand for building work stayed strong in the three months following the EU referendum, according to the Federation of Master Builders (FMB).
Travis Perkins to cut 600 jobs as plumbing slowdown prompts profit warning
Travis Perkins has trimmed earnings forecasts and announced plans to cut 600 jobs after demand continued to drop in its plumbing business over the summer.
Major pension plan shelved by government
The government has abandoned plans to let pensioners raise money by selling their annuities to insurance firms.
Ryanair cuts profit forecast after fall in pound
Ryanair has reduced its forecast for full-year profits, blaming the drop in the pound following the Brexit vote.
Netflix shares soar on news it added 3.2 million users last quarter
Shares up 20% after streaming service reports $2bn revenue for the first time in its history, after expanding to 130 countries
Bank of England deputy says plunging pound is a ‘shock absorber’ for the economy
One of the Bank of England’s leading policymakers has said the plummeting price of the pound has been an important “shock absorber” for the British economy in the aftermath of the EU referendum.
Tesco faces legal action from staff in pay dispute
Tesco is facing legal action from staff who say they lost out on pay for working anti-social hours.
Eurostar to cut train services and axe staff due to ‘challenging environment’
Two trains to Paris and one to Brussels could be cancelled daily
‘Name blind’ job applications needed to stop bias
Employers’ body urges companies to blank out candidates’ names and support flexible working to improve UK productivity
HP cuts up to 4,000 jobs worldwide
US computer company HP Inc has said it expects to cut 3,000 to 4,000 jobs over the next three years.
Gender pay gap is widest during workers’ 50s
Women are paid less than men at all ages but gap is greatest when women are in their 50s, stretching to 25.9%, says TUC
Standard & Poor’s warns on UK reserve currency status as Brexit hardens
Britain is in danger of misreading the political landscape in Europe and faces the possible loss of its reserve currency status if it fails to secure full access to the European single market, Standard & Poor’s has warned.
Heathrow is top business rate payer in England and Wales
London’s Heathrow airport will continue to pay the highest rate bill of any business in England and Wales when new rateable values are applied in 2017.
Pound sterling loses almost 1% of value against dollar during Brexit debate
The pound lurched back below $1.22 as the government outlined its Brexit strategy
















