Tyrrells Crisps, the British upmarket snack business, has been sold in a £300m deal to an American popcorn maker.
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
Canadian tech unicorn Hootsuite just came a step closer to an IPO
Hootsuite, one of only two so-called tech unicorns in Canada, has revealed that it’s generating cash for the first time, bringing it a step closer to going public.
RBS reports £2 billion loss for first half of year
Royal Bank of Scotland has reported a £2.04 billion loss for the first half of the year.
Brewers’ £79 billion mega-merger could cost UK 600 jobs
AB InBev’s looming acquisition of SABMiller will shut down operations in Woking and London with new beer giant’s HQ in Belgium.
Stop backing risky crowdfunding, MPs tell the government
Tax breaks for peer-to-peer lenders and crowdfunding websites could encourage savers to put their money into risky ventures, according to top MP Andrew Tyrie.
First UK interest rate cut in seven years expected
The Bank of England is widely expected to cut UK interest rates for the first time since March 2009 on Thursday.
Twitter’s share price takes flight on buyout rumours
Shares in micro-blogging site Twitter have jumped today on rumours former Microsoft boss Steve Ballmer and Saudi investor Prince Al-Waleed Bin-Talal could make a buyout offer for the company.
Bitcoin plunges 10% after $65m hack
Exchanges halt trading as security breach causes rapid sell-off of the cryptocurrency
Labour urges PM to drop plans to delete company records
Theresa May is told proposal to remove business data history could hamper police and journalists investigating corruption
JPMorgan to pay ex-prisoners $447,000 damages
JPMorgan to pay ex-prisoners $447,000 damages after ‘exploiting one of most vulnerable groups imaginable’
HSBC profits slide amid ‘turbulent period’
HSBC has reported a 29% fall in profits in the first half of the year amid a “turbulent period” for the banking giant.
Slough has most foreign-owned properties outside London
Land Registry figures also reveal that more than half of UK property owned by offshore companies as of last October was purchased since 2010
UK will avoid recession in 2016 but ex-Bank deputy warns no ‘big bazooka’ to prevent slowdown
The UK will avoid a Brexit-induced recession at the turn of the year, according to a top think-tank.
Elon Musk’s Tesla to buy SolarCity for $2.6bn
Elon Musk’s electric car company Tesla has agreed to buy another of the billionaire’s investments, the solar power company SolarCity, in a potentially controversial $2.6bn (£2bn) deal that may lead to lawsuits over conflicts of interest.
Savings accounts disappear as Bank of England prepares to cut rates
Moneyfacts says 13 best buy savings deals were withdrawn from the market and have yet to be replaced.
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