Former Sainsbury’s boss Justin King is to join the board of Marks & Spencer as the retailer undergoes the next phase of its drastic tra..
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Poundland bucks high street woes to end year on a strong note
The owner of Poundland has cheered “strong” sales growth as the rollout of Pep&Co fashion outlets helped the budget chain shrug off wid..
Energy fund debuts on London market
Shares in London’s first listed energy efficiency fund began trading on Tuesday as the firm raised £100 million.
Chaired by Tony Roper,..
Personal loan rates increasing as Christmas approaches, analysis finds
Personal loan rates are on the increase – just as households start to feel the squeeze from Christmas debts.
The average rate advertise..
Consumers to set aside confidence concerns to indulge over Christmas
Consumers are refusing to let Brexit uncertainty curtail their festive food plans as supermarket figures show signs of a “bumper” Chris..
MySale shares slump on warning over losses after tough festive trading
Shares in online retailer MySale plunged after the firm warned it will make a half-year loss amid challenging trading in its peak festi..
WPP to cut 3,500 jobs under ‘radical evolution’ restructure
WPP is axing 3,500 jobs worldwide under plans to slash costs by £275 million a year as it looks to turn around its fortunes.
The move w..
Ashtead to beat annual guidance as US business grows
Equipment rental company Ashtead has said it expects to beat its full-year targets after positive growth in the US during the first hal..
Record 32.4m people in work as average earnings reach highest level for 10 years
Record numbers of people are in work and average earnings are at their highest level for a decade, new figures reveal.
Employment incre..
WPP reveals cost-cutting plans under strategy revamp
Advertising giant WPP has revealed plans to slash annual costs by £275 million under a three-year overhaul as it looks to turn around i..
Barclays mobile banking customers can ‘switch off’ certain types of spending
Mobile banking customers can now choose to block their ability to spend with certain types of retailer, in a move which could put peopl..
Brexit ‘taking a bite out of banking jobs’
Brexit is taking a “considerable bite” out of banking jobs and the City is preparing for more uncertainty as Britain’s withdrawal from EU
May reopens Brexit negotiations creating no-deal concern amongst business community
In a chaotic day in Westminster, the Prime Minister pulled the vote planned for Tuesday evening after realising she was in line for a huge defeat at the hands of her own party.
British man charged in alleged £239 million investment fraud
A British man has been charged in the US for allegedly participating in a 300 million US dollar (£239 million) scheme to defraud invest..
Sterling takes pounding as Theresa May defers crucial Brexit vote
Sterling tumbled to an 20-month low on Monday as Theresa May was forced to defer a Parliamentary vote on her Brexit deal.