Britain’s economic growth was left unchanged at 0.1% in the first quarter, according to official figures.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Government set to sell part of RBS stake leaving taxpayers facing multi-billion pound losses
The Government could sell part of its multi-billion pound stake in the Royal Bank of Scotland in a move which would leave taxpayers facing steep losses, it has been claimed.
WH Smith voted UK’s worst High Street shop
WH Smith has been voted the worst retailer on the UK High Street in a survey of more than 10,000 consumers.
Boots could be hit by competition investigation over NHS drug sales
The Department of Health has asked the Competition and Markets Authority (CMA) to consider investigating the owner of Boots over drug pricing.
Homebase sold for £1 as DIY disaster ends for Wesfarmers
The Australian owner of Homebase has sold the DIY chain for £1, ending its disastrous foray into the UK.
Barclays bank fraud charges over $3bn Qatar loan thrown out by court
Charges brought against Barclays bank over a $3bn loan made to Qatari investors have been thrown out by a court, in a major setback for the Serious Fraud Office.
One in six bankrupts have assets over £50,000
One-in-six people who declared their assets when entering bankruptcy in 2016-17 had assets worth over £50,000, serving as a stark reminder that you can’t be ‘too wealthy’ to be bankrupt
Royal Wedding celebrations send sales falling for independent retailers
Overall sales dropped 8 per cent for independent retailers on Saturday compared to the previous weekend, according to retail data released today. Spending also decreased by 2 per cent.
UK Fuel hikes threaten consumer spending
The price of fuel has hit a three-and-a-half-year high as the price of oil continues to climb, putting more pressure on consumers.
Property market to become ‘flooded’ as landlords sell-up
Experts have predicted that the property market could be flooded by homes for first time buyers as 380,000 buy-to-let landlords are looking to offload their property in the next year.
Tesco is scrapping best before dates on fruit & vegetables to cut waste
Tesco has announced it is scrapping best before guidance dates from nearly 70 fruit and vegetable lines as part of efforts to help slash food waste.
M&S set to announce closure of additional 40 stores
Hundreds of Marks & Spencer staff are poised to find out as early as today if their store is one of the 40 additional stores to be added to the retailer’s store closure programme.
James Caan makes £5.1m investment in recruitment app
Debut, the London-based early careers mobile app that connects candidates with employers, has announced that its ‘smart data’ technology has attracted a further £5.1m investment from former dragon and recruitment entrepreneur James Caan CBE
LLoyds launches £100M SME fund to boost Hinkley point supply chain
SMEs could be eligible for a slice of a £100m fund offered by Lloyds Bank to help access supply chain opportunities for Hinkley Point.
UK household & small business broadband speeds ‘far slower than in ads’
Which? says many UK households and small businesses get half the broadband speed they pay for.