Mothercare is axing hundreds of head office jobs as it seeks to meet £19m cost-savings target outlined in rescue plan struck with creditors
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Met Police to sell branded clothing & merchandise to counter budget cuts
The Metropolitan Police is to start using its brand to sell merchandise and clothes with proceeds from the sale of items bearing its logo will raise money for frontline policing.
Jaguar Land Rover makes loss as sales slide 13%
Sales of Jaguar Land Rover cars have fallen sharply, taking the firm into a loss for the three months to the end of September.
Hundreds of UK SMEs join bid to sue Clydesdale Bank over loan scandal
SMEs are rushing to join a proposed lawsuit against Clydesdale Bank, the firm managing the claims said yesterday.
Sir Richard Branson & Lord Sugar could become ambassadors in UK diplomatic shake-up
Business chiefs like Lord Sugar and Sir Richard Branson will be eligible to apply to become UK ambassadors should they wish under a plan to be announced by the foreign secretary.
UK late payment culture shows signs of improvement as rest of Europe lags behind
The time it takes to pay suppliers across the UK has improved by 14 per cent, with payments taking on average 42 days in 2018 compared to 49 days in 2016.
Mike Ashley’s Sports Direct saves Evans Cycles but warns half of the stores could close
As Evans Cycles is saved by Mike Ashley’s Sports Direct but only 50 per cent of stores could stay open
Flexible working key to British people’s happiness, but many afraid to ask their employer about it
When it comes to finding out about workplace benefits during a job interview, British people are most uncomfortable asking about flexible working options.
Business reacts to Hammond’s ‘budget for grafters’
As Chancellor Phillip Hammond delivered his last budget before Brexit Business Matters spoke to some of the organisations that support UK SMEs about whether they felt the announcements went far enough.
Uber goes to Court of Appeal over drivers’ pay & holiday rights
The long-running case over the status of Uber drivers returns to the Court of Appeal today.
Cambridge University alumni takes Silver at international award for Woman of the Year
Cambridge University Judge Business School Executive MBA alumni, Gulnar Hasanova has been awarded a silver Stevie International Business Award as Woman of the Year.
Chancellor Philip Hammond announced a budget for business & marked the era of austerity
Philip Hammond has said that the era of austerity is “finally coming to an end” as he delivered his final pre-Brexit Budget statement.
London entrepreneur impresses judges including Ashton Kutcher to win £55k prize
Chloë Stewart scooped the prize yesterday at the Creator Awards, a global initiative by organisation WeWork which recognises and rewards creators from all over the world.
Jamie Oliver has no more money to shore up struggling restaurants
Jamie Oliver has no more money to prop up his ailing empire, the chef and entrepreneur has admitted.
Two-thirds of Britons are without a will, according to research
As many as 66 per cent of UK citizens over 55 years old do not have a sufficient will in place.