Prime Minister Theresa May is to unveil a new, more interventionist, industrial strategy on Monday, designed to boost the post-Brexit UK economy.
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
Holly Willoughby joins forces with Dragons’ Den star Peter Jones to set up interior design firm
If you’re going to launch a new business, calling in a friend to help is no bad idea. It’s even better if your pal is Dragons’ Den supremo Peter Jones — as Holly Willoughby has discovered.
China’s economy grows 6.7% in 2016
China’s economy grew by 6.7 per cent in 2016, compared with 6.9 per cent a year earlier, according to official data, marking its slowest growth since 1990.
Royal Mail revenues hit by ‘business uncertainty’ as pension talks continue
Royal Mail has blamed “business uncertainty” and a reduction in junk mail for a sharp drop in letter deliveries in the run-up to Christmas.
Philip Hammond calls for maximum trade access to EU for the UK after Brexit
Chancellor Philip Hammond has called for the UK and the European Union to maximise trade access to avoid economic harm.
Global markets on edge ahead of Donald Trump’s inauguration
FTSE 100 down slightly, with shares across the rest of Europe marginally lower too.
Brexit will damage UK and EU, says Pierre Moscovici
Brexit will not be positive for either Britain or the EU, according to Pierre Moscovici, the European Commissioner for Economic and Financial Affairs.
Samsung boss arrest warrant dismissed but bribery probe continues
Prosecutors said they would be continuing their probe into a corruption scandal that has led to the impeachment of South Korean president Park
UK housing market falters as estate agents become less optimistic
Surveyors body Rics says market stuttered at end of 2016, with sharp fall in number expecting sales to rise in coming months
Yellen signals further rate rises as US economy storms ahead
Janet Yellen, the chairman of the US Federal Reserve, said the economy had come a long way in recovering from the 2008 financial crisis and that she and her colleagues expect the central bank to raise interest rates “a few times a year” until 2019.
Britain’s government debt nightmare makes NHS reform even more urgent
While Westminster was awaiting the first lines of Theresa May’s Brexit speech yesterday morning, the government’s fiscal watchdog issued a devastating judgement on the long-term health of the country’s finances.
Deutsche Bank agrees to pay £5.8bn fine over role in subprime crisis
‘Deutsche Bank did not merely mislead investors: It contributed directly to an international financial crisis.’ – US Attorney General, Loretta Lynch.
Deliveroo to hire hundreds of engineers at London HQ
Deliveroo plans to employ hundreds of new staff at a new London headquarters, trebling its current engineering headcount.
EE mobile firm fined £2.7m for overcharging customers
Mobile operator EE has been fined £2.7m by the telecoms regulator, Ofcom, for overcharging tens of thousands of customers.
Rolls-Royce to pay £671m over bribery claims
Voluntary payments will mean UK manufacturing giant avoids being prosecuted by anti-corruption investigators.