Buyers at Morrisons have attempted to secure one-off payments from about 20 suppliers in a potential breach of a government-backed code, with only “a handful” blocked by the supermarket’s legal team.
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
Poland will never join a ‘burning’ eurozone, says central bank governor
Poland will not join the euro while the bloc remains in danger of “burning”, its central bank governor said.
Raise funds now, investor tells Standard Chartered
Standard Chartered has come under fresh pressure to launch a multibillion-dollar rights issue after a leading shareholder said that the bank should raise new money if it had even the slightest concern about its finances.
Internet companies face ‘tax crackdown’
Internet companies may have to provide more information on people and businesses who sell goods and services online, in a crackdown on tax evasion.
Anglo American to cut 6,000 jobs as profits fall
Anglo American has announced it will cut 6,000 jobs as it reported heavy losses on the back of plunging commodity prices.
Shareholders receive too much money from business
British businesses are giving too much money to shareholders and not investing enough, the Bank of England’s chief economist Andy Haldane has said.
Ladbrokes merges with Coral to create £2.3bn bookmaking giant
Ladbrokes, the beleaguered gambling company, has agreed a £2.3bn merger with Gala Coral to create Britain’s biggest bookmaker.
US regulator turns spotlight on Diageo
The British distiller of Johnnie Walker whisky and Smirnoff vodka has been asked for information from US financial regulators about the shipping of its drinks in the country.
Thousands of mums pushed out of work, according to study
A study finds that one in five mums experienced negative comments from colleagues or employers when returning from maternity leave.
Ferrari kickstarts split from Fiat Chrysler by filing for NYSE share listing
Luxury carmaker Ferrari files for IPO on New York stock exchange as part of a plan to become a separate £7bn firm by early 2016.
Amazon shares surge after surprise profit
Amazon shares have surged more than 18 per cent in after-hours trading after it reported a surprise profit and better-than-expected sales figures.
5 mistakes costing millennials the promotion
How managers are misinterpreting Millennials’ approach to success in the workplace.
Leon puts Birmingham on the menu as it announces 12 new restaurants
Leon, the chain of healthy fast food restaurants, has announced plans to open 12 new sites this year as it pushes into the regions for the first time.
Stansted joins new runway debate
Britain’s most important airport operator outside Heathrow and Gatwick has urged the government to formulate a 25-year aviation policy on when it expects Stansted to have to a build a new runway.
PM’s Asia trip to promote FinTech & regions
David Cameron is to bang the drum for Britain’s fast-expanding financial technology sector during a trade mission to Asia that will be notable for its emphasis on SMEs and regional businesses.