British households have more cash in the form of disposable income than ever before, having finally passed the previous peak achieved before the financial crisis.
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
Walkers crisps competition advert banned by watchdog
An advertisement for a Walkers crisps competition offering 20,000 holidays has been banned after complaints the trips were almost impossible to win.
Cisco to ‘cut up to 14,000 jobs within weeks’
The massive lay off is a possible consequence of the company’s transition from its hardware roots to a software-centre company
Firms giving advice on aggressive tax avoidance could face large fines
Government plans in consultation document suggest that tax advisers whose schemes are defeated in courts could have to repay lost money to taxpayer
Inflation at 20-month high as low sterling pushes up prices
Inflation picked up in July in the first hint that the fall in the pound following the Brexit vote is pushing up prices.
Rail fares ‘rising twice as fast as wages’
Rail fares have increased at double the speed of wages since 2010, research by trade unions suggests.
Pound sterling continues decline against euro
Bank’s report to provide further insight on health of UK economy after the Brexit vote
Sports Direct warehouse workers to receive back pay
Deal struck with Unite and HMRC affects thousands of staff and follows Guardian investigation into pay rates at retailer
Job fears mount as businesses unite to fight UK sugar tax
The FTSE 100 conglomerate behind fashion chain Primark has joined forces with a host of business groups to fight the mooted sugar tax on soft drinks, amid growing fears the controversial levy will lead to job losses.
Labour grandee Margaret Beckett says factions of Jeremy Corbyn supporters are happy to see party split
A Labour grandee has said that some elements supporting Jeremy Corbyn would be happy to see the Labour party split after the leadership election.
London set to bear brunt of post-Brexit vote downturn, say experts
Economists highlight falling property prices and the capital’s dependence on financial services among their concerns.
Some taking ‘too much’ from pension pots, ABI warns
A minority of those aged 55 and over are withdrawing too much from their pension pots, the industry has warned.
BHS staff face more uncertainty over closure
BHS workers have accused the retailer of holding them “to ransom” after threatening long-serving staff they will lose redundancy pay if they leave while repeatedly pushing back notice dates.
London’s night-time economy could be worth £43bn and an extra 115,000 jobs
Unlocking London’s night-time economy will deliver a £3bn boost to the capital and help protect London from the economic shock of Brexit, a new report has argued.
Nearly 200 employers named and shamed for failing to pay national minimum wage to staff
Overall companies owed over £466,000 to their employees across a wide range of sectors
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