Rail giant Arriva is suing the government after it lost its bid to run the East Midlands railway franchise.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
British jobs boom bucks Brexit negativity to reach new highs
The British employment boom is to continue as businesses shrug off Brexit uncertainty and become increasingly confident, according to a report.
Metro Bank reassures customers over concerns with its financial health
Metro Bank has been forced to reassure customers over the safety of their money after “false rumours” about its financial health were circulated online, leading to queues in some branches.
Government grant cut causes electric car sales in Britain to stall
Drivers in European countries bought twice as many electric cars as their British counterparts last year as the government significantly reduced grants for green vehicles.
Theresa May urged to Pull plug on Brexit talks with Labour
Theresa May was under pressure from cabinet ministers last night to scrap formal Brexit talks with Labour and launch a final attempt to secure a compromise in parliament.
David Beckham ‘pays Simon Fuller £38m to buy him out of joint business’
David Beckham has reportedly paid his wife Victoria’s manager Simon Fuller £38million to buy him out of their joint business.
Fashion chain Select falls into administration
Fashion chain Select has fallen into administration, putting 1,800 jobs at risk at its 169 stores across the UK.
India’s richest man Mukesh Ambani buys iconic Hamleys toy store
India’s richest man Mukesh Ambani has bought the iconic British toy retailer Hamleys for a reported £70m.
Danny Baker ‘formally’ apologises over tweet as police investigate
Danny Baker said he wants to “formerly apologise for the outrage I caused” after “one of the worst days of my life.”
Brexit fears see house sales fall for ninth month in a row
The housing market continues to slow because of Brexit uncertainty, with the number of new sales falling for the ninth consecutive month.
Government to pay £200m for safer cladding after Grenfell Tower disaster
The £200m bill to replace Grenfell Tower-type cladding on about 150 private high-rise blocks in England is to be met by the government.
Harry’s razor brand bought by Wilkinson Sword owner for $1.4bn
Shaving firm Harry’s, formed just six years ago, has been bought by the owner of Wilkinson Sword for $1.37bn (£1bn).
Price of petrol & diesel surges to new six-month high
The latest weekly road fuel prices show that the average cost per litre of petrol and diesel has risen to £1.28 and £1.35 respectively.
PM said delay in UK leaving EU is not about her leadership
The prime minister said on Wednesday Britain’s delay in leaving the European Union is nothing to do with her leadership.
KPMG fined £4m over weak Co-op audit errors
The giant accountancy firm KPMG has been hit with another multimillion-pound fine and will be subject to additional checks by the audit watchdog after it admitted a string of failings in its work for the Co-operative Bank.