Shares in Thomas Cook continued their descent on Tuesday as fears grow over the travel firm’s long term prospects.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
No-deal Brexit could send food prices soaring by 10%, Bank of England warns
Shopping bills could surge by up to 10% if the UK crashed out of the EU, Bank of England boss Mark Carney has warned.
Mr Carney told MP..
Peer-to-peer lender Zopa gets licence to launch challenger bank
Peer-to-peer lender Zopa has received a banking licence from the City watchdog as it aims to compete with high street stalwarts.
Construction sector growth better than expected in November
Britain’s construction sector expanded ahead of expectations in November, despite Brexit worries continuing to hold back business confi..
Sir Martin Sorrell’s new venture seals second deal with US acquisition
Sir Martin Sorrell’s marketing communications venture secured second acquisition after 150 million US dollar deal for US firm MightyHive
Travis Perkins to sell plumbing and heating division and seek £30m in savings
Wickes owner Travis Perkins is to offload its plumbing & heating division and extend cost-cutting programme as targets savings of £30 million
Southern Railway group GTR hit with sanctions after timetable chaos
Southern Railway and Thameslink network GTR has been hit with sanctions that will see no profit this year and pay £15 million improvements
Ferguson books solid first quarter on US growth
Plumbing supplier Ferguson has reported a rise in first-quarter revenue and profit, driven by growth in the US.
Taxpayers treated unfairly by HMRC, House of Lords report finds
Powers given to HM Revenue and Customs (HMRC) to tackle tax avoidance and evasion are “disproportionate” and undermine the rule of law.
Retailers face ‘nerve-wracking run-up to Christmas amid weak consumer demand’
A record £1 in every £3 of non-food purchases were made online in November. Aggressive promotional activity retailers pushed sales
Number of people finding out about pension scams surges after awareness drive
There has been a five-fold increase in visits to a website from people seeking information about pension scams, following launch of campaign
Young people’s home ownership prospects ‘linked to parents’ property wealth’
Young people whose parents have property wealth are now nearly three times as likely to be home-owners by the age of 30 compared with t..
Third of people who run up Christmas debt ‘take up to seven months to clear it’
Nearly a third of people who took out debt to pay for last Christmas took up to seven months to clear what they owed, a survey has foun..
Ministers may have broken rules by not publishing Brexit legal advice
Brexit: Ministers may have broken rules by not publishing legal advice – Speaker
FCA boss denies political pressure over letters to banks about Brexit
The head of the City watchdog has denied he was under political pressure to ask banks to slow down the pace of their Brexit relocation ..