Bitcoin fell sharply to below $29,000 in volatile trading yesterday as investors took profits from a weekend rally in which it had climbed above $34,000 for the first time.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
More businesses ‘will fail without government help’
The new national lockdown will cause widespread business failures and job losses unless government support for businesses is urgently increased, ministers were warned last night.
TUC calls for Furlough scheme for mums and dads while schools are off
Working parents trying to balance work and childcare should be put on furlough while schools are closed, the umbrella body for UK trades unions says.
Bitcoin hits record high on 12th anniversary of its creation
Bitcoin has surged to a record high amid rising interest from investors and claims that the volatile cryptocurrency is on the way to becoming a mainstream payment method.
Lord Sugar joins challenge to Caffè Nero turnaround
Lord Sugar, the Amstrad founder and property tycoon, has joined a bid to block a turnaround plan for Caffè Nero, the troubled coffee chain.
£100 million Brexit boost to revive UK fishing fleet
Ministers are preparing the details of a £100 million package to rebuild Britain’s fishing fleet, enabling it to take on new quotas as they are relinquished by the European Union.
Prime Minister warns that tough new Covid curbs are ahead
Boris Johnson told Britain yesterday to prepare for what will in effect be a third national lockdown, including further school closures, as he pledged to “do what it takes” to get Covid-19 case numbers under control.
Bitcoin surges to record $28,500, quadrupling in value during 2020
Bitcoin has continued its end-of-year Santa Claus rally, surging to a new high of more than $28,500.
Aldi to boost annual spending on UK-made food and drink by £3.5bn
Aldi is boosting its support for British suppliers by announcing it aims to spend £3.5bn more on UK-produced food and drink annually within the next five years.
Primark says tier 4 extension will knock further £220m off sales
Primark has said it will lose an additional £220m in sales as more stores are forced to close under new restrictions to control the spread of Covid-19 in the UK.
Bidders given mid January deadline on Philip Green’s Arcadia asset sale
Lockdowns have prompted Arcadia’s administrator to accelerate the sale of Sir Philip Green’s collapsed retail empire, with suitors being given a deadline of January 18 to make final bids.
Dozens of trade deals done just hours before Brexit deadline
British negotiators secured dozens of trade deals before the UK left the European Union.
Tesco tops list as rogue employers named and shamed for failing to pay minimum wage
Almost 140 companies, including some of the UK’s biggest household names, are being named and shamed today for failing to pay their workers the minimum wage.
Small firms need millions of new aid to survive tougher Covid restrictions
Small businesses have asked the chancellor for millions of pounds in additional support to get them through the latest coronavirus restrictions.
Oxford-Astrazeneca vaccine approved for use in Britain
The coronavirus jab developed by Oxford University and the pharmaceutical giant Astrazeneca has been approved for use in Britain, paving the way for a rapid rollout of the government’s vaccine programme.