As parts of the UK are left without Marmite, Graeme Pitkethly says charging more for brands to offset rising costs is ‘normal’
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
Stop moaning and back ‘global Britain’, urge City heavyweights
British businesses should stop hiding and instead travel the world promoting “Brand Britain” as “cheerleaders of open markets”, according to former Sainsbury’s boss Justin King.
Samsung slashes profit forecast over Galaxy Note 7 crisis
Samsung Electronics has slashed its quarterly profit forecast due to the scrapping of its Note 7 smartphone.
£193bn added to value of top companies since Brexit vote
The fall in the pound has pushed the UK’s benchmark index above its all-time high during to hit 7,129.83
Fujitsu to cut up to 1,800 UK jobs
Japanese technology firm to cut more than a tenth of UK workforce, affecting main sites including Belfast and Manchester
Monarch Airlines saved by last-minute £165m cash boost
Passengers on Monarch can breathe a sigh of relief after the beleaguered airline announced it had secured a last-minute £165m cash injection from owner Greybull Capital.
Samsung Galaxy Note 7 owners told to turn off device
South Korean tech giant Samsung has urged owners of the Galaxy Note 7 to turn off its high-end smartphone while it investigates new reports of the device catching fire.
Pound sterling falls under $1.23 after leaked papers suggest leaving single market could cost UK £66bn a year
Kit Juckes, currency expert at Societe Generale, said: ‘In real effective terms, sterling is now weaker than it was after Lehman’
Uber’s main UK business paid only £411,000 in tax last year
Taxi app’s turnover doubled to £23.3m but income was earned by giving unspecified ‘support’ to other firms, accounts show
MPs could re-open RBS probe as leaks reveal ‘dash for cash’ in 2008
Royal Bank of Scotland could face a fresh investigation from MPs as a new cache of leaked documents has shed more light on allegations that the bank ripped off small businesses during the financial crisis.
‘Hard Brexit’ may cost UK £66bn a year, leaked papers warn
A “hard Brexit” would see the Treasury lose up to £66bn in tax revenues a year, leaked government papers have suggested.
RBS squeezed struggling businesses to boost profits
Royal Bank of Scotland secretly tried to profit from struggling businesses, leaked documents show.
Gatwick says Heathrow will ‘likely fail’ to build new runway if Government gives go-ahead
Bosses at the West Sussex airport say they will push on with plans to build a new runway even if their bid loses out to rival
Business leaders sign letter pledging to create a more “vibrant economy”
Business leaders have published a letter pledging to create a more vibrant economy in which growth is more sustainable and widely-shared.
UK luxury home sales are recovering, estate agents say
Buyer interest in prime residential property higher in July and August than in 2015, according to Knight Frank
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