Asda suffers biggest slump but discounters Aldi and Lidl continue to enjoy double-digit growth
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
UK firms mull moves in wake of Brexit
Vodafone and easyJet have both raised the prospect of moving their headquarters out of the UK in the aftermath of Britain’s decision to leave the European Union.
Barclays and Easyjet shares fall amid FTSE 100 volatility
UK shares have remained volatile in the wake of the Brexit vote, with trading in Barclays temporarily suspended and airline Easyjet falling more than 19%.
Tata Steel near deal to save Port Talbot plant despite Brexit vote
Campaigners have said steel industry faces new crisis after vote to leave EU, but sterling’s slump could boost prospects
Farmers’ leader seeks government subsidy ‘equal to support given by European Union’
Farmers are demanding that the victorious Leave campaign honours its promise to provide them with financial support to replace the EU’s Common Agricultural Policy, which currently provides 55pc of their income.
UK set to lose gold standard AAA credit rating
The UK’s gold standard credit rating is set to be slashed following the decision to leave the European Union, leading ratings agencies warned today.
EU to assess its future next week without UK, says Donald Tusk
European council president says 27-member bloc is ‘determined to keep our unity’ after UK’s historic decision to abandon EU
David Cameron resigns after UK shocks the world by voting for Brexit
David Cameron has resigned as Prime Minister after Britain voted to leave the European Union.
Pound plummets to 30 year low as UK leaves the EU
After ten weeks of campaigning and a day of voting the UK has chosen to leave the EU, triggering sterling to plummet to its lowest levels since 1985.
Banks on high alert as City sets up war rooms and fills cash machines
Major banks will also switch off computer-driven trading systems to avoid huge losses from swings in shares, bonds and currency
EU referendum: Betting odds for Remain have soared to 86 per cent, according to Betfair
The polls have been open since 7am and, though we won’t know the outcome until tomorrow, the latest betting odds are firmly in favour of Remain.
Hornby’s rescue plan needs investors to jump on board fast
Hornby has been selling model railways since 1920, but its new chief executive warned yesterday that without support from its investors it could quickly run out of track.
Mitsubishi forecasts huge loss in wake of fuel scandal
Mitsubishi Motors has forecast a net loss of 145bn yen ($1.4bn, £900m) for the current business year in the wake of its fuel efficiency scandal.
Twitter buys Magic Pony, a startup that uses robots to scan pictures
The company says that machine learning – computers that can learn like people – is ‘increasingly at the core of everything we build at Twitter’
Debenhams sales hit by change in shopping habits
Department store says shoppers are spending less on clothes and more on eating out and holidays
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