Brexit negotiations took a sudden step backwards on Thursday afternoon, Downing Street said, after furious French lobbying pushed the EU to make late demands.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
American Express scheme offers £5 back for £10 spent in small businesses
Spend £10 and get £5 back – that’s effectively what’s on offer from a promotion encouraging people to tick items off their Christmas shopping list while supporting small businesses.
Boris Johnson puts business tax cuts on table
Boris Johnson has hinted at the prospect of tax cuts for business next year in an attempt to boost the economy as it rebuilds after the coronavirus pandemic.
New ‘business traveller’ exemption from quarantine announced
No countries have been added to or removed from the UK’s list of travel corridors, but a new “business traveller” exemption from quarantine has been announced. From 4am on Saturday, people in a number of categories will no longer have to self-isolate upon returning to England, even if they are travelling from a country not […]
Johnson told he must have a plan to save retail jobs during pandemic
Boris Johnson was pressed yesterday to formulate a “comprehensive plan” to save retail jobs after the collapses of Arcadia and Debenhams.
Green family to pay £50m into Arcadia pension scheme within 10 days
Sir Philip Green’s family is to pay a promised £50m into their fashion empire’s pension scheme within the next 10 days – almost a year earlier than scheduled – as the business secretary, Alok Sharma, called on the insolvency watchdog to investigate the handling of the failed group.
Leon looks to CVA to help it through lean times
Leon has appointed advisers to launch a company voluntary arrangement as the self-styled natural fast-food chain seeks to cut its unsustainable rents.
Debenhams website inundated as shoppers try to grab bargains from collapsing chain
Shoppers have been waiting in virtual queues for over an hour as they rush to snap up deals on the Debenhams website after the chain confirmed its collapse.
Tesco to hand back £585m of pandemic business rates relief
Tesco, the UK’s largest supermarket chain, has announced it is to repay £585m of business rates relief it was awarded during the coronavirus pandemic.
Royal Mail announces rise of first-class stamp to 85p
Royal Mail is raising the price of a first-class stamp by an inflation-busting 9p to 85p.
Salesforce buys Slack in $27.7bn deal to go head-to-head with Microsoft
Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7bn in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft.
Caffè Nero landlords threaten revolt against CVA proposal
Caffè Nero could face a legal challenge despite winning backing from creditors to pursue a company voluntary arrangement.
Shoppers get set for ‘Wild Wednesday’ as Debenhams starts fire sale
A fire sale by Debenhams is expected to fuel a “Wild Wednesday” rush on the high street today as most retailers reopen for the first time in a month.
House prices climb amid stampede to buy
House price growth accelerated last month to the highest level in almost six years but market activity is at risk of slowing sharply.
Conservative rebellion unlikely to derail coronavirus tier vote as Labour set to abstain
Boris Johnson is heading for a COVID showdown with rebel Tory MPs, despite being assured of victory in a Commons vote after Sir Keir Starmer said Labour will abstain.