The UK production industry flat-lined in March 2016, pushing the industry into recession as it continues to act as a drag on Britain’s economic performance.
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
Heathrow offers to ban night flights for third runway
Heathrow has pledged to ban night flights in a bid to win Government and public backing for its controversial plans to build a third runway.
Housing bubble ‘has burst’ after sellers slash asking prices
The price of 29 per cent of listings on the Zoopla website have been cut at least once since they were listed
Two found guilty, three acquitted in insider trading case
An ex-City banker and a former Topshop finance director were found guilty yesterday evening following a trial that is widely considered to be the most significant insider trading case in British history.
EasyJet flies into the red but promises to increase payouts
Budget airline, which lost £24m in the six months to end of March, cut prices following terrorist attacks in Paris and Brussels
New global rules on firms’ tax disclosure urged by economists
New global rules forcing companies to report taxable activities country-by-country publicly have been called for by a group of 300 prominent economists.
Facebook wins China trademark case
Facebook wins China trademark case, as local media speculate that site could get unblocked by ‘Great Firewall’
Nationwide raises mortgage borrowing age limit to 85
The last age at which the society will grant a mortgage is 80 years old, to run for five years
CBI chief calls Gove ‘wilfully misleading’ over Brexit claim
The CBI has responded angrily to Michael Gove’s claims that “a large proportion” of British businesses back Brexit, accusing the Lord Chancellor and Justice Secretary of being “wilfully misleading”.
Bowers & Wilkins sells out to tiny Silicon Valley start-up
A 40-person startup run by a former Facebook executive has swallowed a 1,100-person company in an unusual deal
Accommodation-listing service Airbnb is looking at moving into other businesses
Nathan Blecharczyk told the BBC the willingness of people to stay in the home of a stranger showed the demand for personal connections while travelling.
Sir Philip Green calls for Frank Field to step down from committee
Green, the former owner of BHS, has said the Labour MP – who chairs a committee before which he will appear – is prejudiced against him
BA to spend £30m to let passengers watch Netflix in the air
Passengers could be able to Skype, FaceTime and watch Netflix movies from their aircraft seats from next year, following a deal announced by British Airways.
RBS bank brand will vanish from high streets altogether
Banking giant RBS will be losing its global brand identity and rebranding on the high street to a variety of names based on region, including Natwest, Royal Bank of Scotland and Williams & Glyn.
Scottish economy grows far more slowly than UK as a whole
Analysis finds Scottish GDP has grown by 4% in cash terms since 2008, compared with 23% for Britain as a whole