One in five self-employed workers plans to switch to other forms of employment because of the pandemic, according to a report by the London School of Economics.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Airbnb set to debut on the US Stock Market with a $30bn valuation
Airbnb is set to file the necessary IPO documents later this week ahead of its anticipated stock market debut in December, as it seeks to raise $3 billion.
Hollwood stars Ryan Reynolds & Rob McElhenney bid to make Wrexham AFC a ‘global’ force
Hollywood stars Ryan Reynolds and Rob McElhenney have outlined their bid to own UK-based football club Wrexham AFC.
Boris Johnson under pressure to avoid no-deal Brexit after Biden victory
Boris Johnson will be under even greater pressure to strike a Brexit deal with Brussels when Joe Biden enters the White House, senior Tories and diplomats said on Saturday, amid fears that a no-deal outcome could seriously threaten relations with a new Democratic administration.
The Tide runs out for businesses looking to extend bounce bank loans from challenger bank
It is understood that small firms that successfully received a bounce back loan from non-bank lender Tide are struggling to secure further loans to cope with the second lockdown after the finance company ran out of funds in the summer.
Over 90% of UK employees want to stay working at home
Only 7 per cent of British workers want to return to the office full-time after Covid-19 restrictions are lifted, a survey has indicated.
Savile Row calls on government for a bespoke deal over end of VAT-free shopping
Tailors on Savile Row have called on the government to scrap plans to end VAT-free shopping for tourists as fears grow that the Covid-19 pandemic poses an existential threat to some of London’s historic ateliers.
Kylie Minogue joins Robbie Williams as shareholder in UK music streaming innovator ROXi
UK music streaming innovator ROXi announces pop legend Kylie Minogue has joined Robbie Williams as a major shareholder at ROXi
Brexit talks remain deadlocked going into decisive week
The Brexit negotiations remained stuck after a call between Boris Johnson and Ursula von der Leyen before a decisive week of talks.
Amazon Prime customers warned of scam phone calls
Consumers have been warned not to fall prey to fraudsters who are targeting Amazon Prime customers, many of whom became members for the first time during the Covid-19 crisis.
Landlords accuse Clarks of abusing CVA process
Landlords have accused Clarks of abusing insolvency processes by pushing through a restructuring they have little chance of overturning after paying out dividends to its family shareholders.
Banks brace for new bounce back loans boom
Banks are braced for a flood of small business customers topping up bounce back loans tomorrow when Rishi Sunak reopens the Covid-19 rescue scheme, even after a £38bn lending spree.
Mini boom for retail in England as shoppers dash to beat lockdown
The four-day countdown to the new coronavirus lockdown restrictions in England that began on Thursday triggered a mini boom for store and restaurant owners as consumers rushed to buy Christmas gifts and enjoy a last eat-out supper.
Hovis sold to UK private equity group following bidding war
Hovis, the 134-year old British bread brand, has been bought by a UK private equity firm following a bidding war.
Mike Ashley’s Frasers Group raises stake in luxury good retailer Mulberry
Mike Ashley’s Frasers Group has raised its stake in Mulberry to 29.7 per cent, just below the level at which it would have to make a takeover offer for the luxury goods retailer.