The top member of Theresa May’s Conservative party is to tell her later this week that she must quit by the end of June, according to the Sunday Times.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Criminal Barristers threaten walkouts over pay dispute
Criminal barristers have threatened to take action over a pay row with the Crown Prosecution Service (CPS).
TSB to reduced branch opening hours
TSB has revealed most of its Scottish branches will only open for two or three days a week from July.
New Bank of England boss to be recruited
The government has launched the recruitment process for a new governor for the Bank of England.
Luke Johnson joins Patisserie Valerie creditor committee
Luke Johnson, the former executive chairman of Patisserie Valerie, has taken the “unusual” step of joining a committee of creditors to the failed café chain.
Brits unaware of £3.7BN stealth tax on UK companies
New research brings to light the UK’s alarming lack of awareness for the Stamp Duty Reserve Tax (SDRT) charged on British stocks.
UK Startup helps Age UK unlock £23k extra per month
New service, Vintage Cash Cow for Charities, helps charity shops make money from previously ‘unsellable’ items
Utility customers without bank accounts pay £500 extra a year in bills
People who do not have access to a bank account pay an extra £485 a year for everyday bills and services, research from an account provider suggests.
Seventy-six pubs shutting per month as triple whammy of taxes bite
Nearly 1,000 UK pubs shut last year, although the rate of closures is slowing, new research claims.
Millions use most hacked password for online accounts
Millions of people are using easy-to-guess passwords on sensitive accounts, analysis by UK’s National Cyber Security Centre (NCSC) has found
Facebook copied email contacts of 1.5 million users
Facebook “unintentionally” uploaded the email contacts of more than 1.5 million users without asking permission to do so, the social network has admitted.
Debenhams boss Sergio Bucher steps down from struggling department store
Debenhams boss Sergio Bucher has stepped down following the recent takeover of the struggling department store chain by its lenders.
Thousands switch energy firms after price cap rise
Energy switching levels have risen by 12 per cent this year, allaying concerns that the government’s price cap would stifle competition.
Mastercard ‘likely to settle £14bn claim and recoup costs from increased fees’
Mastercard faces mounting commercial pressure to settle a landmark £14 billion consumer rights claim, lawyers have said.
UK SMEs are turning to new sources of finance as they struggle to access funds
New research has found that the UK’s SMEs are exploring new sources of finance as access to funds becomes harder to secure.