HSBC and Santander customers are to recieve millions of pounds in refunds after the lenders failed to alert them that they were going into the red.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Daily Mail owner buys i newspaper for £50m
The owner of the Daily Mail is buying the i newspaper and website for £50 million, vowing to preserve the liberal-minded title’s editorial independence.
‘Penalised for being disabled’: Disabled people shut out from a digital world
Disabled people are being excluded from the digital world by inaccessible websites and apps, with businesses missing out on billions of pounds from would-be customers every year.
Over a quarter of UK firms are being held back by market uncertainty
In just six months there has been a 26% rise in the number of small businesses saying that market uncertainty is holding their business back from growing – according to a new study.
Huge rise in ‘bag for life’ sales prompts call for new 70p price
Sales of plastic “bags for life” rose 26% last year to 1.5 billion – prompting a call for the standard price to be raised from 10p to 70p.
Tories retain lead as Lib Dems slip in the polls ahead of election
The Conservatives have maintained a steady lead amid signs of a Liberal Democrat squeeze, according to a new YouGov poll.
High street’s hopes for Black Friday bonanza unlikely as shoppers go online
High street retailers’ hopes for a Black Friday bonanza this weekend are likely to be dashed as more shoppers choose to do their bargain-hunting online.
Victoria Beckham fashion label makes another loss as sales slide
Victoria Beckham’s fashion business has posted another annual loss as demand for the former Spice Girl’s high end clothes “plateaued”.
Lloyds plan to cut chief executive’s pay by £220,000
Lloyds Banking Group is proposing to slash its chief executive’s pay by £220,000 and spend £20m to raise retirement benefits for the rest of staff
Tata Steel confirms plan to cut up to 1,000 UK jobs
Port Talbot steelworks owner Tata Steel has confirmed it is to cut up to 1,000 jobs in the UK, as part of wider cost reduction plans.
Labour pledges to halt IR35 roll-out to support the self-employed
Bill Esterson, Labour’s Shadow Small Business Minister, has confirmed if elected, the party would halt the roll-out of the changes to IR35 into the private sector next April.
Boombastic’ Brit required to take over from Shaggy as Virgin Holidays Chief Caribbean Officer
Virgin Holidays has appointed two-time Grammy winner and global reggae icon, Shaggy, as Chief Caribbean Officer to proudly represent his home area and ensure tourists enjoy the best of the region
eBay sells ticket reseller StubHub to Swiss based Viagogo in $4bn deal
Campaign groups have urged regulators to protect music and sports fans from the threat of rip-off prices after eBay agreed to sell StubHub, its ticketing business, to the Swiss ticket reseller Viagogo in a $4bn (£3.1bn) deal.
Just one in twenty Black Friday discounts are genuine
Just one in 20 Black Friday deals are genuine, according to damning research by Which? that concluded the annual shopping event was “all hype”.
No-deal Brexit ‘would cost UK car industry £40bn by 2024’
The British car industry has delivered a bleak warning over the danger of a no-deal Brexit, saying it would devastate UK motor manufacturing at a cost of more than £40bn in lost production by 2024.