Shopkeepers are warning they may need to start charging customers to use free cash machines, because of changes in how they are taxed.
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
IMF calls for Greek debt relief after bailout approved
The International Monetary Fund has called on eurozone ministers to offer Greece debt relief, following the approval of a new bailout deal.
Sainsbury’s cuts short British Athletics sponsorship deal
Sainsbury’s has cut short its multimillion-pound, four-year deal to sponsor British Athletics, the supermarket group revealed on Friday.
French economy grinds to a halt as German growth disappoints
The French economy stagnated in the second quarter as household spending slowed and business investment contracted.
Cineworld beats piracy to have blockbuster year
Cineworld has bounced back from the competition of downloads to record results which were “marginally” ahead of plan.
Roaming charges ‘can cost more than holiday’
Holidaymakers have been warned that using the internet on their mobile phones abroad could end up costing more than the holiday itself.
Diesel prices hit five-year low
The average price of diesel has fallen below 113p per litre for the first time since January 2010, according to the information group Experian Catalist.
Asda raises price paid to dairy farmer as value of milk sales plummets
Asda has caved in to pressure from dairy farmers and raised the price it pays its milk supplier, as figures show that sales of fresh milk in Britain are on course to hit their lowest level by value in eight years.
Kraft Heinz slashes 2,500 jobs in US and Canada amid changing tastes
Kraft Heinz is cutting about 2,500 jobs as part of its plan to slash costs after the food companies combined earlier this year.
Oil supply outstrips rising demand
A glut in the world’s oil supply will last until at least the end of next year, the International Energy Agency warned yesterday, despite the fastest rise in demand in five years.
Yuan falls to four-year low as China acts again
According to Sky News, the move by the People’s Bank of China serves to highlight the increasing level of concern awarded to the world’s second largest economy. As previously reported, Chinese exports in July came in 8.3 per cent lower than the prior year after fears that the strength of the yuan was rendering Chinese exports […]
Tui Group profits lowered by Tunisia attack
Travel operator Tui Group has announced how much its profits will be hit by the beach attack in Tunisia in June.
Mortgage lending rebounds in June thanks to first-time buyers
Mortgage lending rebounded in June after first-time buyers returned to the property market, according to an industry report.
Global stock markets jolted by China’s historic renminbi devaluation
China’s authorities took the shock decision to devalue the yuan for the first time in modern history on Tuesday, as Beijing attempts to fend off lower growth.
Land Rover production moved to Slovakia
Production of the new Land Rover Defender, the vehicle descended from the original postwar Land Rover, will be moved to eastern Europe.