Lord Wolfson says the clothing retailer will have to raise prices to offset the cost of implementing the new minimum wage of £7.20
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
3 tricks to help you get in the zone
Being deeply immersed in your work is deeply satisfying. A happiness expert explains how to get in the flow.
Government must take control of financial services empire
The British state is selling £62bn of financial assets, including shares in RBS and Lloyds, but it will still control more than 50 firms without any central governance, says the National Audit Office
BT accused of hiding broadband failures
Ofcom opens investigation into Openreach delays
Graduate recruiters under pressure to attract more women
AGR says women must be ‘actively encouraged’ to apply to UK grad schemes as proportion of female hires remains stagnant for last five years
Oil price collapse costs 65,000 North Sea jobs
Oil industry bosses will hold crisis talks today about the future of the North Sea, after new figures showed up to 65,000 jobs have been lost in the UK since international crude prices collapsed last year.
Ryanair hikes profit outlook by 25pc
The budget airline said record late summer bookings, a strong pound and cheap fuel have resulted in a 25pc hike in profit guidance
UK retail sales hit by late bank holiday
Retail sales in August were hit by the late timing of the bank holiday, the British Retail Consortium (BRC) says.
Bank tax will raise twice government estimate at £12bn
The chancellor’s new bank tax is set to rake in up to £12 billion for the Treasury over the next five years, nearly double the amount originally forecast by the government, according to EY.
Costa owner warns living wage could hit prices
The company, which also owns Premier Inn, may have to put up prices to fund the new minimum wage
Government delays revealing identities of RBS share buyers
UKFI has asked for 20 working days to decide if public interest in disclosure outweighs public interest in withholding the information
Dragons’ Den star who advised Cameron charged with sex abuse
A business adviser to David Cameron who starred on the BBC Two programme Dragons’ Den has vowed to fight charges of sex offences involving a girl aged 13. Douglas Richard is accused of repeatedly abusing the teenager on January 2.
Apple files patent for MacBook fuel cell that could last weeks
Apple has filed a patent application for a fuel cell system that could power a MacBook “for days or even weeks without refuelling”.
Make yourself immune to secondhand stress
Over the past decade, we have learned how our brains are hardwired for emotional contagion. Emotions spread via a wireless network of mirror neurons, which are tiny parts of the brain that allow us to empathize with others and understand what they’re feeling.
Jobseekers ‘face dip in living standards’
Out-of-work couples with children face “a decade of sharply declining living standards” owing to changes made to benefits, anti-poverty campaigners say.