Mortgage lenders’ price wars have resulted in the rate gap between two and five-year fixed-rate home loans narrowing to its smallest le..
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Up to 9,000 Tesco jobs at risk amid changes to stores and head office
Tesco has confirmed that up to 9,000 jobs are at risk across its head office and stores as part of efforts to “simplify” the business.
Number of people going financially insolvent predicted to rise
The number of people going financially insolvent is predicted to have jumped to levels not seen for at least six years in official figu..
Rules to stop up to 100,000 people a year losing out on pension income proposed
Measures to boost people’s retirement outcomes – potentially collectively making them up to £25 million per year better off – have been..
Revolut to launch app for children this summer
Revolut is to launch an app aimed at improving the financial literacy of children this summer, the latest move in the fintech unicorn’s..
First Direct customers can now make payments using social media apps
First Direct customers can now make payments while chatting on messaging apps, without needing to log into their online banking.
The in..
Ocado shares rise on reports of Marks & Spencer deal
Shares in Ocado have been boosted by reports the online grocer is in talks with Marks & Spencer to launch a £1 billion food delivery offering
Energy consultancy Utilitywise puts itself up for sale
Shares in Utilitywise tumbled after the company said it has put itself up for sale and needs to raise £10 million in equity.
The energy..
Wood Group sells stakes in joint ventures for £21m
Wood Group has sold stakes in several joint ventures for around 28 million US dollars (£21.3 million) as part of its ongoing asset disp..
Sir Philip Green ends legal fight against Telegraph over sex allegations
Sir Philip Green and his business empire Arcadia have ended their legal claim against the Telegraph, which reported allegations of sexu..
Flybe investor moves to eject chairman over airline sale
Struggling airline Flybe has confirmed that its biggest shareholder, Hosking Partners, has moved to eject chairman Simon Laffin and ord..
SThree profits jump as Europe and US drive growth
Recruitment specialist SThree booked rising sales and profits in 2018 following strong growth in Continental Europe and the US.
The gro..
Paragon Banking Group backs full-year guidance as lending grows
Paragon Banking Group has reported higher lending and deposit growth across all of its businesses and backed its full-year guidance.
Ho..
Openreach set to recruit thousands of apprentice engineers
Openreach is to hire 3,000 new trainees this year as part of a major recruitment drive as it continues to connect houses and businesses..
Lloyds Bank launches ‘no borrower deposit’ mortgage for first-time buyers
A major mortgage lender has launched a new deal to help first-time buyers get onto the property ladder without them needing to put down..