A group of the world’s leading business federations from Japan to the US have warned Britain against crashing out of the European Union without a deal.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Amazon pays just £220m tax on British earnings of £10.9bn
Amazon paid a total of £220 million in direct taxes in the UK last year despite its total revenues from doing business in the country amounting to £10.9 billion.
Sports Direct trying to ‘drive Debenhams into administration’
Mike Ashley’s Sports Direct is backing a legal challenge against Debenhams’ restructuring plan to “drive it into administration so that it can pick up its assets on the cheap”, a court was told today.
UK factory output ‘falls at fastest pace for seven years’
Activity in the UK’s manufacturing sector contracted at the fastest pace for seven years in August, a closely-watched survey has suggested.
No-deal Brexit could cause 6% reduction in UK house prices
UK house prices could drop by 6.2% next year if the UK leaves the EU without a deal on 31 October, according to accountants KPMG.
Tata announce threat to hundreds of steel jobs could go at Newport plant
Hundreds of jobs could go at a steelmaking factory in Newport after its owner announced it was shutting part of its operations.
Mike Ashley backs challenge to Debenhams rescue deal
A deal that saved Debenhams from administration will be challenged in the High Court this week, putting the retailer’s future back into doubt.
Michael Gove to launch £100m no-deal Brexit ad campaign
Michael Gove, the minister in charge of preparing for a no-deal Brexit, is set to launch a £100m advertising campaign urging people and businesses to “Get ready” for Britain leaving the EU without a deal on 31 October.
Boris Johnson warns opposition MPs blocking no-deal Brexit ‘makes it more likely’
Prime Minister Boris Johnson has warned that MPs trying to halt a no-deal Brexit are making the scenario “more likely”, as opposition parties gear up to legislate against the government’s move of proroguing Parliament.
Shoe Zone issues profit warning announcement as CEO steps down
The chief executive of Shoe Zone has walked out of the budget footwear retailer after it issued a profit warning on the back of poor trading and property writedowns.
Exporters fear Brexit will result in ‘catastrophic embargo’ on food products
The food industry says it fears a “complete and catastrophic embargo” on exports in the event of a no-deal Brexit after the government admitted it had yet to apply for vital regulatory clearance required for selling animal products to the European Union.
Google uncovers ‘indiscriminate’ iPhone hack attack lasting years
Google security researchers say they have found evidence of a “group making a sustained effort” to hack iPhones over at least two years.
Sadiq Khan vows to take on Uber legal big boys & PR’s over licence decision
Sadiq Khan has vowed to take on the “big boys” at Uber when it comes to renewing its licence, which expires next month.
Former business minister Lord Young resigns over Johnson’s prorogation decision
Government whip Lord Young has resigned following the Prime Minister’s decision to prorogue parliament in the run-up to Brexit.
Ted Baker signs Japan licence and Next partnership deals
Ted Baker has signed an agreement with Sojitz Infinity to establish an exclusive retail licence deal in Japan.