Traders have dived for cover over the talk of recession has increased, as week economic figures from Germany and China both possibly heading into a recession along with a 0.1% contraction in the second quarter has spooked the FTSE.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
UK Parliament should not block Scottish independence
Labour leader Jeremy Corbyn has said it is not up to parliament to block a second Scottish independence referendum.
Corbyn urges MPs and leaders to install him as caretaker PM
Labour leader Jeremy Corbyn has urged opposition parties and Tory rebels to install him as a temporary caretaker prime minister in an attempt to stop a no-deal Brexit.
Summer Party launches in Hatton Garden this week
Hatton Garden, the UK and capital’s diamond district, will be transformed into a vibrant pop up park for the remainder of this week.
Taxman shows businesses ‘no-deal leniency’ over making tax digital deadline
About 120,000 businesses that missed a tax deadline will escape a fine after HM Revenue & Customs said that it would show leniency before a possible no-deal Brexit.
UK wages grow at highest rate to hit new 11-year high
Wage growth in the UK rose to 3.9% in the year to June, the highest rate for 11 years, according to the Office for National Statistics (ONS).
Judge agrees to fast track legal challenge against Prime Minister to stop no-deal
A judge has agreed to fast track the court hearing over whether or not Boris Johnson can suspend parliament to force through a no-deal Brexit.
Queen is ‘dismayed’ over MPs ‘inability to govern correctly’
The Queen who usually keeps her political views to herself, has voiced her concerns that MPs do not have the “ability to govern correctly,”
Virgin StartUp commit to gender loan equality by 2020
Virgin StartUp has announced its commitment to become the first business funder to pledge 50/50 gender investment equality for Start Up Loans by the end of 2020.
SSE in talks with Ovo over £250m sale of supply arm
A challenger to the Big Six energy companies is looking to buy the electricity and gas supply business of SSE.
Sports Direct’s move to be the Selfridges of Sport ‘will take us four years’
Turning Sports Direct from a budget tracksuit retailer into the “Selfridges of sport” will take at least four years, Mike Ashley’s future son-in-law has said.
UK High Streets hit worse shop vacancy rate worst since 2015
The number of empty shops in town centres is at its highest for four years, industry figures show.
Seedrs shares suspended as it seeks cash to survive
Crowdfunding site Seedrs has suspended its shares from trading on a secondary market used to buy and sell stock in private companies while it attempts to complete a financing deal.
Tata loses £1m a day on Port Talbot steel as industry struggles
Tata Steel lost more than £1m a day in the UK last year, underlining the industry’s precarious finances.
Alison Rose set to lead RBS after McEwan departs for New Zealand
Royal Bank of Scotland is set to make Alison Rose its first female chief executive as Ross McEwan prepares to leave the taxpayer-owned lender.