Unilever is moving its legal base to London in a move that unwinds the Anglo-Dutch dual structure that it has had for more than 90 years and could pave the way for a break-up of the business.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Zara to shut up to 1,200 stores after suffering first loss
The owner of Zara is planning to shut up to 1,200 shops in the next two years after global lockdowns dragged the world’s largest retail group to its first quarterly loss.
Prince Andrew Charitable Trust to be wound up after charity law breach
The Duke of York’s trust is to be wound up after a ruling by the Charity Commission that it broke the law by paying £355,000 to a former trustee.
Selfridges wants to offer shoppers a ‘joyful experience’ as stores reopen
Personal after-hours shopping trips, online beauty appointments and entertainment for those queuing outside will form part of Selfridges’ coronavirus-era shopping offer when the retailer reopens on 15 June.
London landlord Shaftesbury ‘will collect only 50% of rents’
Shaftesbury, a commercial property landlord that owns large chunks of Soho, Covent Garden, Chinatown and the West End in central London, has warned shareholders it is aiming to collect only 50% of rents due this summer as almost all its tenants remain closed amid the coronavirus pandemic.
Shoppers expected to make cautious return to high street as lockdown eases
English high streets are on course for a slow restart when non-essential retailers reopen next week, with many consumers reluctant to head to the shops.
Pubs won’t open for another month as retail is warned on lockdown easing
Pubs and hairdressers will not be able to serve customers again for at least another month, the business secretary has confirmed while warning retailers over their conduct ahead of next week’s re-opening of non-essential stores in England.
Business Secretary announces all shops can reopen from Monday if ‘Covid-secure’
The lockdown will ease significantly from Monday with all shops and zoos allowed to reopen as the government steps up efforts to repair the economic damage caused by the pandemic.
Goldman Sachs shuts Marcus account to new customers after billions deposited during lockdown
Goldman Sachs has withdrawn its easy-access savings account to new customers in Britain after billions of pounds was deposited during the pandemic, leaving the US group on the cusp of breaching banking rules.
Housing market rebounds as sales increase by 137%
The property market has bounced back from a freeze over the coronavirus peak thanks to a build-up in demand and homeowners realising the shortcomings of their properties while cooped up during lockdown.
Government accused of furloughing childhood for millions as plans to reopen primary schools is scrapped
The government has been accused of “furloughing childhood” after announcing it was scrapping plans to get all primary pupils in England back to school before the summer holidays.
Hackers targeting self-employed with HMRC SMS phishing scam
Cyber criminals have launched a new phishing scam designed to steal personal and financial details of millions of self-employed workers using the Self-Employment Income Support Scheme (SEISS) during the Covid-19 outbreak.
Pubs call for clarity over plans to reopen English beer gardens
Pubs have urged the government to clarify “half-baked” plans to reopen beer gardens, amid confusion over whether some will be permitted to serve drinks before the end of the month.
Britain opens trade talks with Japan
Britain will today launch negotiations with Japan over a prized post-Brexit free trade agreement.
Islington leads the way as number one hotspot in the UK for new start-ups
Islington is the number one hotspot for new start-ups out of 2,871 areas in the UK, creating 18,590 new businesses in the last year says UHY Hacker Young, the national accountancy group.