Britain can expect a significant financial boost from a summer of sport featuring the Olympics and Euro 2016 according to economists’ estimates.
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
BHS ‘driven into a cliff’ says MP leading Parliamentary inquiry into collapse
The man who will lead the parliamentary investigation into the collapse of BHS has accused the retailer’s former owners of “crashing it into a cliff”.
Amazon reports $513m profit
Shares in Amazon were up 12 per cent in after hours trading on Thursday after the company reported first quarter profit of $513 million.
Carl Icahn dumps Apple shares over China fears
Billionaire activist investor Carl Icahn has sold all his shares in Apple, over concerns about the technology firm’s prospects in China.
Consumer confidence in UK at lowest level in 15 months
Uncertainty over EU referendum and ongoing political and financial turmoil in eurozone ‘casting a cloud over economy’
RBS plunges to a £1bn loss on bailout-era costs
Royal Bank of Scotland’s losses more than doubled to £968m for the first quarter of the year, as it shelled out fees of £1.2bn to the Government, clearing some of the debt from its bailout in 2008.
BBC to anonymise job applications in social diversity bid
Names and universities to be hidden, to help candidates from under-represented groups make it through to interviews
Tata Steel may keep UK business if outlook improves
Tata has not ruled out keeping UK business, including Port Talbot, if it can fund a turnaround plan, source says
Collapse of BHS sets lords leaping to attack Sir Philip Green
Lord Myners has risked reigniting a feud with Sir Philip Green by calling for the government to launch an inquiry into the collapse of BHS.
EU referendum: Economists launch new pro-Brexit report attacking EU as “evil” customs union
A group of economists will strike back against what they see as the one-sided nature of the EU referendum debate today, with their own report into the benefits of leaving the EU.
Apple reports falling revenue for first time in over a decade
As the iPad and iPhone market becomes saturated, the company needs another strategy to top its own record numbers from last year
Barclays profits tumble 25 per cent as investment banking woes continue
Barclays pre-tax profits have fallen by almost a quarter year-on-year as the investment bank division struggled to perform.
James Dyson launches £299 hairdryer in shock move into beauty industry
Billionaire inventor Sir James Dyson will today unveil his “labour of love”, a new hairdryer that has been four years in the making and cost £50m to develop.
EU to block O2 sale to Hutchinson
EU competition regulators will veto CK Hutchison Holdings’ £10.3 billion deal to buy O2 UK from Spanish group Telefonica to become Britain’s biggest mobile network operator.
Low oil price pushes BP to $485m loss
BP has sunk to a $485m (£334m) loss for the three months to March as low oil prices took their toll.
