Business Matters - UK's leading SME business magazine

HS2 line cannot be delivered within £56bn budget and could rise by further £30bn

The chairman of the High Speed 2 rail project has reportedly warned that its cost could rise by £30bn.

Government borrowing rises to highest level since 2015

Public sector net borrowing rose sharply in June because of higher debt interest payments and rising spending on services, figures show.

Eve Sleep causing investors sleepless nights as sales to hit targets

Eve Sleep cut its losses by 50 per cent in the first half of the year but warned investors that the company expects to miss its annual sales targets.

Daily Mirror owner looks to extend Reach with purchase of rival titles

The owner of the Mirror, Express and Star national newspaper titles is in talks to acquire parts of the rival publisher behind the i and The Scotsman.

Waitrose announces store closes as middle classes shoppers go to Lidl

The favourite grocer of the middle classes, Waitrose, is shutting seven more shops with the discounter Lidl swooping on three in renewed signs of the rapidly changing retail market.

Asos issues loses a quarter of its value overnight as sales plummet

Asos lost almost a quarter of its value yesterday after a bungled warehouse overhaul knocked the online retailer’s sales growth off course and prompted its third profit warning in a year.

Have smartphones replaced laptops?

Smartphones have become very popular over the years but are they replacing laptops and desktop computers? Find out what we think here.

Latest Content

HS2 line cannot be delivered within £56bn budget and could rise by further £30bn
Government borrowing rises to highest level since 2015
Eve Sleep causing investors sleepless nights as sales to hit targets
Daily Mirror owner looks to extend Reach with purchase of rival titles
Waitrose announces store closes as middle classes shoppers go to Lidl
Asos issues loses a quarter of its value overnight as sales plummet
Have smartphones replaced laptops?

Latest News…

HS2 line cannot be delivered within £56bn budget and could rise by further £30bn

The chairman of the High Speed 2 rail project has reportedly warned that its cost could rise by £30bn.

Government borrowing rises to highest level since 2015

Public sector net borrowing rose sharply in June because of higher debt interest payments and rising spending on services, figures show.

Eve Sleep causing investors sleepless nights as sales to hit targets

Eve Sleep cut its losses by 50 per cent in the first half of the year but warned investors that the company expects to miss its annual sales targets.

Daily Mirror owner looks to extend Reach with purchase of rival titles

The owner of the Mirror, Express and Star national newspaper titles is in talks to acquire parts of the rival publisher behind the i and The Scotsman.

Waitrose announces store closes as middle classes shoppers go to Lidl

The favourite grocer of the middle classes, Waitrose, is shutting seven more shops with the discounter Lidl swooping on three in renewed signs of the rapidly changing retail market.

Asos issues loses a quarter of its value overnight as sales plummet

Asos lost almost a quarter of its value yesterday after a bungled warehouse overhaul knocked the online retailer’s sales growth off course and prompted its third profit warning in a year.

Google suspends Viagogo from advertising after ‘breach of client trust’

Google has today dealt a blow to controversial second-hand ticketing company Viagogo by suspending its website as an advertiser.

Hotel Chocolat bucks retail downturn with record sales

Vegan chocolate ice-lollies and billionaire sundaes have helped Hotel Chocolat to record a jump in full-year sales.

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Business

Do you want high bids? Top charity auction items that bring in the money

It’s not the travel and the wine that sells- it’s the once in a lifetime experience that goes along with it.

How to elevate your sales process
What type of properties do you want in your portfolio?
How is a business treated in divorce?
Five essential tools to audit your website
8 tips for managing cultural change
Tips for improving your online presence

Profiled…

Getting To Know You: Amina Oyagbola, Business and Management Consultant, AKMS Consulting & Founder of WISCAR

Business Matters spent time with Business and Management Consultant Amina Oyagbola and found out who, and what her inspirations are.

Getting To Know You: Martin Hurworth, MD, Harvey Water Softeners

Martin Hurworth tells us that you need to take more risks when you are younger and that failure really is the best opportunity to learn

Newswire

FTSE 100 outperforms European counterparts as oil and tobacco stocks gain

Business Matters

Pound sinks ahead of second Brexit parliamentary vote
Ocado shares rise on reports of Marks & Spencer deal
Sterling rallies on hope UK can avoid no-deal Brexit
AG Barr to shrug off sugar tax hit with increase in profit

AppyParking, the kerbside management and mobility technology firm that is transforming parking for motorists and empowering local authorities and car park operators to better manage their assets, announced that the company has just closed a £7.6 million Series A round.

1000heads Group secures investment from Phoenix Equity Partners

Word of Mouth agency, 1000heads Group, has secured an investment from a leading UK mid-market private equity firm, Phoenix Equity Partners.

Atlas City Global announces completion of $4M funding round

Atlas City Global has secured $4M in seed investment from Robert A Hefner III, along with other HNW individuals.

Former senior staff from Deliveroo & Zoopla join tech scale-up carwow

Carwow, the platform that allows consumers to buy new, used and leased cars from a network of approved dealers, has made a number of senior hires from the UK’s most successful scale-up companies.

Black Sheep Coffee secures £13m in funding to expand globally

Black Sheep Coffee, the specialist independent coffee shop chain, has raised £13m in funding from private investors, bringing the firm’s total funding to £25m since inception of the company back in 2013.

Glasgow revealed as best UK city to launch a gastronomic business

New data from mobile payments platform, SumUp, has revealed the best European cities to open a small business in gastronomy.

What is P2P investing, and is it viable alternative investment in the market?

Property is well known to be a stable investment and is one of the few investments that are largely shielded by economic uncertainty.

Tech Nation announces 2019 Fintech Growth Programme for UK’s most promising scaleups

Tech Nation, the leading scaleup-network for UK entrepreneurs, has today announced it is calling for applicants for its 2019 Fintech Growth Programme.

Go Ape on the hunt for £20m investment to fund expansion plans

Go Ape is looking for an investor ready to stump up £15 million to £20 million as the tree-top activity group seeks to double in size over the next five years.

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Legal

Restaurant chains collapsing into administration are a magnet for personal liability

Recent news of yet another high-profile restaurant group facing the abyss made big headlines: all but three of Jamie Oliver’s 25 UK restaurants have closed, causing 1,000 jobs to be lost and leaving dozens of suppliers out of pocket.

Here’s what you need to know before setting up a power of attorney

A power of attorney is a legal document, through which you can assign a person to act or make decisions on your behalf during times when you are unable to do so.

Regulating Artificial Intelligence: What the OECD’s new guidelines mean for UK businesses

This week the Organisation for Economic Cooperation and Development (OECD) formally adopted its Recommendation on Artificial Intelligence (AI) – the first intergovernmental standard on this area.

Commercial property leasing tips

When we talk about commercial property, we’re sometimes talking about a commercial lease. So either its creation or its transfer from one party to another.

Parental bereavement leave to be introduced in April 2020

Parents and primary carers who suffer the loss of a child will be entitled to at least two weeks’ paid parental bereavement leave from April 2020, the government has confirmed.

Majority of UK business still not budgeting for post-Brexit immigration

Despite a possible exit date looming, the majority of UK businesses are unprepared for recruiting talent in a post-Brexit world, new research reveals.

Are your HR policies strong enough to withstand a potential lawsuit?

Lawsuits – even those with unsubstantiated claims – are a risk to every business. The problem for you as a business owner is that lawsuits are time-consuming and expensive to fight.

What can employers do to avoid sexual harassment claims?

In light of high profile cases of harassment in the workplace involving Ted Baker chief Ray Kelvin and Topshop owner Sir Philip Green, Emma Bullen from MHR provides practical advice on how employers can protect themselves from sexual harassment claims.

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