The UK High Street is losing another brand following the sale of Staples, the stationery specialist, to a restructuring company.
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
Retail sales surge in October
Sales jump 1.9 per cent, boosted by cooler weather and Halloween
Britain is the easiest country in the G20 for paying business taxes
Britain is getting better at collecting business taxes, making life easier for companies – as well as improving the process for raising government revenues.
Snapchat ‘files for stock market float’
Snap, the parent company of messaging app Snapchat, has filed to list on the US stock market, according to several reports.
Amazon and Morrisons partner to launch same day delivery service
The online retail giant’s tie-up with Morrisons began in June
World could face oil shortage by end of decade
International Energy Agency warns of future instability as low price of Brent crude deters investment in new oilfields
Google to create 3,000 more UK jobs in major boost for London technology scene
Google has announced plans to hire more than 3,000 new staff in the UK in a major boost to Britain’s technology sector after Britain’s vote to leave the EU.
UK inflation rate fell to 0.9% in October
UK inflation measured by the Consumer Prices Index slipped to 0.9% in October, from 1% in September, the Office for National Statistics said.
Facebook employees ‘form secret renegade task force’ to combat fake news
Mark Zuckerberg has come under pressure to redefine the social network as a media company after false stories about the presidential candidates went viral in the run-up to the election
EasyJet profits fall due to weak pound and discount fares
The plunging pound, extra competition, terror attacks and higher holiday costs for Britons prompt first dip in profits for six years
Tesco enjoys fastest growth in three years as Aldi and Lidl slow
Tesco’s turnaround appears to have been sealed with the supermarket giant recording its fastest sales growth in three years, according to industry data.
Former BHS owner Chappell arrested for ‘unpaid tax bill’
Dominic Chappell, the serial bankrupt who bought BHS for £1, has been arrested in relation to an unpaid tax bill of about £500,000.
Amazon to spread Black Friday sales over twelve days
Customers will have the opportunity to purchase HD TV’s, phones and beauty products at discounted rates over the next week
RBS chairman calls on Theresa May to draw up Brexit transitional plan
Sir Howard Davies says banks will not wait for government’s full negotiating position and will move operations out of UK
Businesses shrug off Brexit but workers feel the squeeze
British businesses are bullish about the economic outlook over the next year, despite uncertainty surrounding the vote to leave the European Union, a survey shows.