Tata’s giant Port Talbot steel plant has clawed itself back into profit as staff strain to boost efficiency despite having no idea whether their jobs are safe.
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
The City pushes for Swiss-style Brexit
The City is pushing for a bespoke Brexit deal amid rising fears that maintaing full access to the EU single market will be impossible.
UK consumers overpay staggering £18.7bn on energy bills
As many as 15 per cent of people have stayed with the same provider for more than fifteen years, at an average cost of £3,000
Bebo founder thought Devon village looked depressing – so he’s bought it
Tycoon Michael Birch, the mega-rich founder of the social networking website, is currently pouring millions into a dying village… because he has childhood memories there.
Airports start exchanging less than one Euro for each Pound
MoneyCorp at Stansted this week offered a rate of €0.9915 and ICE at Luton offered €0.990
Uber takes TfL to high court over English written test
Taxi-hailing app said Transport for London had moved the goalposts over requirements for new drivers
Britons better off than ever
British households have more cash in the form of disposable income than ever before, having finally passed the previous peak achieved before the financial crisis.
Walkers crisps competition advert banned by watchdog
An advertisement for a Walkers crisps competition offering 20,000 holidays has been banned after complaints the trips were almost impossible to win.
Cisco to ‘cut up to 14,000 jobs within weeks’
The massive lay off is a possible consequence of the company’s transition from its hardware roots to a software-centre company
Firms giving advice on aggressive tax avoidance could face large fines
Government plans in consultation document suggest that tax advisers whose schemes are defeated in courts could have to repay lost money to taxpayer
Inflation at 20-month high as low sterling pushes up prices
Inflation picked up in July in the first hint that the fall in the pound following the Brexit vote is pushing up prices.
Rail fares ‘rising twice as fast as wages’
Rail fares have increased at double the speed of wages since 2010, research by trade unions suggests.
Pound sterling continues decline against euro
Bank’s report to provide further insight on health of UK economy after the Brexit vote
Sports Direct warehouse workers to receive back pay
Deal struck with Unite and HMRC affects thousands of staff and follows Guardian investigation into pay rates at retailer
Job fears mount as businesses unite to fight UK sugar tax
The FTSE 100 conglomerate behind fashion chain Primark has joined forces with a host of business groups to fight the mooted sugar tax on soft drinks, amid growing fears the controversial levy will lead to job losses.