British Airways is facing a potential £800 million lawsuit over a 2018 data breach that exposed details of more than 400,000 of its customers.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
UK economy facing its ‘darkest hour’ due to lockdown, warns Bank governor
The UK economy is facing its “darkest hour” due the latest Covid-19 lockdown, which is likely to delay the recovery, the Bank of England governor has warned.
UK gyms, pools and leisure centres on financial ‘cliff edge’ without support
Gyms, pools and leisure centres are facing a “huge cliff edge” and urgently need more government support as the impact of the third lockdown starts to bite, a parliamentary committee has been told.
John Lewis suspends click and collect due to virus safety
John Lewis is suspending its click and collect services and tightening safety measures after a “change in tone” from the government over the virus.
Jaguar Land Rover keeps pedal to the metal after lockdowns
A second successive quarter of sales growth has reinforced Jaguar Land Rover’s recovery from lockdowns during the depths of the pandemic last year.
New company registrations hits record levels as pandemic creates entrepreneurial culture
New company formations grew by more than 13 per cent in 2020 as Britain was hit hard by the pandemic.
Less than half of retailers’ rent collected with landlords owed billions
British Land has collected less than half the quarterly rent it was owed by retailers last month as pandemic restrictions continue to weigh heavily on commercial landlords.
M&S buys Jaeger to boost fashion aisle
Marks & Spencer has bought Jaeger after the upmarket fashion brand’s collapse in the autumn.
FCA issues stark warning as bitcoin slumps by a quarter
The City watchdog warned investors in digital currencies that they should be prepared to lose everything as the price of bitcoin slumped by as much as 25 per cent yesterday.
Prince Charles asks companies to join ‘Earth charter’
The Prince of Wales is urging firms to back a more sustainable future and do more to protect the planet, as he marks 50 years of environmental campaigning.
Online retailer Ocado warns of shortages as suppliers cut choice
Online supermarket Ocado has become the first big retailer to warn of shortages of some products.
HMRC to waive fines for taxpayers who file late returns due to Covid
People who file their tax returns late won’t face a fine this year, as long as they can show that the delay was due to coronavirus.
Elon Musk set to launch into UK broadband market
Elon Musk is poised to compete with the government’s Oneweb satellite broadband service after his Starlink venture was cleared by the UK communications regulator.
MPs launch investigation into Insolvency firms after scandals
MPs have opened an investigation into the insolvency profession after criticism from businesses about their objectivity standards.
PGA strips major golf championship from Donald Trump’s Bedminster course
The PGA of America has announced that it has moved the 2022 PGA Championship from Donald Trump’s Bedminster course in the wake of the invasion of the US Capitol.