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Latest News:

  • Lack of online offering costs Primark £1.6bn in lost lockdown sales
  • Network Rail chairman predicts 10% reduction in train need post pandemic
  • Extension of stamp duty holiday ‘could help 300,000 sales’
  • Number of UK workers on Covid furlough scheme rose to 4.7m in January
  • Airbnb predicts ‘significant’ travel rebound
  • 5,000 jobs at risk as Asda shifts its focus to online shopping
  • Aston Martin hits reverse as lock down restrictions cause £320m loss as sales collapse
  • Tory rebels and Labour ready to block 25% corporation tax rise
  • Nissan furlough hundreds of Sunderland-based staff over parts shortage
  • Vauxhall in crunch talks to save Ellesmere Port plant
Primark

Lack of online offering costs Primark £1.6bn in lost lockdown sales

The owner of Primark said yesterday that the latest lockdown would cost the chain £1.6 billion in lost sales, but it struck an optimistic note about prospects when shops reopen.

SWR Trains

Network Rail chairman predicts 10% reduction in train need post pandemic

Around 10% fewer train services should run once the country opens up again, compared to the pre-pandemic timetable, the chairman of Network Rail has said.

Home for sale

Extension of stamp duty holiday ‘could help 300,000 sales’

About 300,000 property purchases in England could benefit from the three-month extension in the stamp duty holiday the chancellor will formally announce in next week’s budget.

UK Furlough

Number of UK workers on Covid furlough scheme rose to 4.7m in January

The number of furloughed workers in the UK rose by 700,000 to 4.7 million in January, during the third Covid lockdown, according to official figures showing employees in hospitality, women and young adults were most likely to be away from their jobs.

Air BNB

Airbnb predicts ‘significant’ travel rebound

Online booking platform Airbnb has said it is preparing for a “significant” travel rebound as the world emerges from coronavirus lockdowns.

Asda

5,000 jobs at risk as Asda shifts its focus to online shopping

About 5,000 jobs are at risk at Asda after the supermarket group launched a big restructuring in response to the rapid rise of online shopping.

Man on laptop

Jupyter Notebook for Data Science? The pros and cons of this tool

During the last two decades, Python has become really popular among IT experts working on data analysis and scientific computing.

  1. Lack of online offering costs Primark £1.6bn in lost lockdown sales
  2. Network Rail chairman predicts 10% reduction in train need post pandemic
  3. Extension of stamp duty holiday ‘could help 300,000 sales’
  4. Number of UK workers on Covid furlough scheme rose to 4.7m in January
  5. Airbnb predicts ‘significant’ travel rebound
  6. 5,000 jobs at risk as Asda shifts its focus to online shopping
  7. Jupyter Notebook for Data Science? The pros and cons of this tool

Latest News…

Primark

Lack of online offering costs Primark £1.6bn in lost lockdown sales

The owner of Primark said yesterday that the latest lockdown would cost the chain £1.6 billion in lost sales, but it struck an optimistic note about prospects when shops reopen.

SWR Trains

Network Rail chairman predicts 10% reduction in train need post pandemic

Around 10% fewer train services should run once the country opens up again, compared to the pre-pandemic timetable, the chairman of Network Rail has said.

Home for sale

Extension of stamp duty holiday ‘could help 300,000 sales’

About 300,000 property purchases in England could benefit from the three-month extension in the stamp duty holiday the chancellor will formally announce in next week’s budget.

UK Furlough

Number of UK workers on Covid furlough scheme rose to 4.7m in January

The number of furloughed workers in the UK rose by 700,000 to 4.7 million in January, during the third Covid lockdown, according to official figures showing employees in hospitality, women and young adults were most likely to be away from their jobs.

Air BNB

Airbnb predicts ‘significant’ travel rebound

Online booking platform Airbnb has said it is preparing for a “significant” travel rebound as the world emerges from coronavirus lockdowns.

Asda

5,000 jobs at risk as Asda shifts its focus to online shopping

About 5,000 jobs are at risk at Asda after the supermarket group launched a big restructuring in response to the rapid rise of online shopping.

Aston Martin

Aston Martin hits reverse as lock down restrictions cause £320m loss as sales collapse

Iconic sports car brand Aston Martin fell to a £322m operating loss in 2020, the firm said this morning, as coronavirus restrictions saw car sales fall a third.

Sir Kier Starmer PMQs

Tory rebels and Labour ready to block 25% corporation tax rise

MPs could vote down plans to increase corporation tax from 19 per cent to 25 per cent amid opposition from Tory rebels and Labour, a senior minister has said.

Nissan

Nissan furlough hundreds of Sunderland-based staff over parts shortage

About 750 workers at Nissan’s car factory on Wearside are to be furloughed after the coronavirus pandemic led to a global parts shortage.

Previous Next

Business

Business Man looking out the window

This is the best method for making consistent progress in your business

You can’t make progress in your business if you’re not measuring it! Here’s why this concept is so important for entrepreneurs.

Bitcon

Despite the risks, is Bitcoin becoming mainstream?

2020 was a record-breaking year for Bitcoin, and this year may not be any different. Despite its spectacular drop last week, the crypto frenzy is far from over. Banks, well-known business leaders and investors all seem to jump on the digital currency bandwagon.

female boss

Number of FTSE 100 female directors rises by 50% in five years

The number of female directors at FTSE-100 firms has increased by 50% in the last five years, and women now hold more than a third of roles in the boardrooms of Britain’s top 350 companies, according to the final report of a review into female representation at the top of business.

Covid rules

Bumps expected on road back to something like post-Covid normality

The 60-plus pages of the road map out of lockdown sets out in detail the steps ministers hope to take to open the economy and society. They also lay bare the uncertainties and consequences.

Get a job

Tips on getting back into work post-COVID-19

We’ve often heard COVID-19 described as a health emergency, but, as the pandemic continues to rumble on, it’s becoming increasingly clear that we’re also in the grips of an economic emergency.

motivating your team

Why mindset matters for business owners (and how to develop the right one)

Developing a positive mindset is one of the most powerful things you can do to grow as an entrepreneur while improving all of your interactions and relationships throughout your life.

Maxine Benson

Everywoman and Facebook to drive gender diversity in tech

Everywoman, the global platform for advancing women in business, has announced a collaboration with Facebook to address the tech industry’s lack of diversity and inclusion.

Profiled…

Getting to Know You: Michael May, Founder, Secured Lending Audit

We spoke to Michael May, Founder of start-up firm Secured Lending Audit who look at clients loans or mortgages to see if they are being overcharged. 

Peter Marsden

Getting to Know You: Peter Marsden, director & co-founder, Entec Si

Peter Marsden is the joint director and co-founder of Entec Si, a Birmingham-based change consultancy.

Marketing & Social Media

IOS14

How will iOS 14 change the Digital Landscape?

selling

Five golden rules for sales success in the new world

SEO

Highlighting importance of SEO to a business

Newswire

Brexit chaos

Customs Crunch – How this startup plans to take the friction out of brexit

Business Matters
  • EU stimulus package announced offers new confidence for investors
  • Struggling TSB set to close 100 branches and axe staff
  • FTSE 100 outperforms European counterparts as oil and tobacco stocks gain
  • Pound sinks ahead of second Brexit parliamentary vote

Get Funded

mark carney

Mark Carney joins the board of digital payment firm Stripe

Mark Carney, former head of the UK and Canadian central banks, has joined the board of US digital payments company Stripe Inc, days after the firm was reported to be planning a primary funding round valuing it at more than $100bn (£71bn).

SKOOT

New app SKOOT gives football fans a lift back to stadiums when lockdown lifts 

Forest Green Rovers – recognised as the world’s greenest football club by FIFA – has partnered with pioneering carbon negative mobility App SKOOT, connecting and reuniting football fans like never before.

Coldplay

Napster to make debut on London stock market this month

Napster is to make its debut on the London stock market later this month, marking the first time the music streaming pioneer has had its own public listing in a chequered 22-year history.

Not on the high street

Notonthehighstreet bought by US investment firm Great Hill Partners

Notonthehighstreet has been bought by Great Hill Partners, an American investment firm.

uber eats

Uber to buy leading alcohol delivery service Drizly in $1.1bn deal

Uber is acquiring on-demand alcohol platform Drizly for about $1.1bn as the ride-share company looks to expand delivery services that have flourished during the pandemic.

Purlos

UK edtech Purlos picks up £300K in seed funding to help educational institutions fill every seat

London-based Purlos is an edtech startup that intends to play an integral role in helping educational institutions fill every seat and pre-empt any potential shortage in student enrollment.

Freeflow technologies

Scottish startup developing world’s lightest, greenest electric bike, raises £1.85M funding

In the new era of city mobility, e-bikes, without a doubt, are going to become a preferred transport option for many, thanks to social distancing norms.

House market

London-based startup Proportunity helping first-time home buyers nets £7.5M funding

Proportunity has developed a solution aimed at tackling the problem of high house prices making it very challenging for first-time buyers to get onto the housing ladder

Tax calculator and pen

Tech startup secures six-figure investment to unlock cashless charity fundraising

A London-based tech startup has secured six-figure funding to develop its digital donation platform.

Previous Next

Legal

Man outside building

Avoiding Unfair Dismissal Claims – Everything You Need to Know

It’s a legal right of the employees not to be dismissed unfairly. If not handled correctly, such a claim can cause headaches for both employer & employee.

busy office

Know your contractor – all you need to know about IR35 and Off-payroll rules

IR35, intermediaries’ legislation, off-payroll rules, agency rules.  So much jargon! And so many ways in which a contractor/consultant can engage with your business.

businessmen

My data protection predictions for 2021 

In my last column, I looked back at 2020 from an information law perspective. It’s safe to say that no-one would have predicted a year like 2020. And so it’s with some trepidation that I look forward to what we might expect in the year to come. 

Zoom working from home

WFH, algorithms and multi-million-pound fines: the year in data protection

My final column of 2020 is in two parts. In this first part, I reflect on what a strange year we’ve had – picking out some of the highlights from an information law perspective

Trademark

Brexit: 8 Frequently asked questions about trademark registration in the UK

Trademarks are a headache. Trademarks for foreign countries are even worse. You just found out that a US trademark won’t apply in the UK, and who even knows if they work in the EU (they don’t, by the way).

Builders

Construction suppliers beware: New corporate insolvency law requires ongoing performance

The introduction of the Corporate Insolvency and Governance Act 2020 (“CIGA”) in June 2020 was one of the many preventative measures taken by the UK Government in an attempt to safeguard the economy in the wake of the global Covid-19 pandemic.

Furlough

Today is deadline day for retrospective furlough agreements

Partner Sue Dowling, head of Blandy & Blandy’s Employment Law team, highlights today’s deadline for retrospective furlough agreements.

legal tech

Enforcing GDPR: is the regulator finally showing its teeth?

With the headlines this autumn continuing to be dominated by the ongoing coronavirus pandemic, you may have missed some significant developments in the world of data protection.

construction worker on a scaffold

“Secure your workforce now”, warn legal experts 12 weeks before Brexit 

With the UK set to leave the EU in a matter of months, leading lawyers are issuing a call to businesses across sectors to make 11th hour preparations to secure their workforces before Brexit.

Previous Next

Made in Britain

Twisted LandRover

Made in Britain: Twisted Automotive

From purchasing some of the remaining Land Rover Defenders off the production line in 2016, the business now turns over £10 million Twisted Automotive provides customised versions to UK and global fans of the vehicle.

v6-roadster

Great British Brands: London Morgan

London Morgan Founder Nigel Smith tells us about why passion is a crucial ingredient within their company.

The British brands cutting through traditional industries

British brands aren’t afraid to be innovative. Throughout history, they have established themselves as industry leaders within a number of sectors internationally, from fashion to food and drink.

Manasamitra Group

Made in Britain: Manasamitra

Manasamitra is a South Asian arts organisation delivering cultural experiences in traditional and innovative ways.

Previous Next

Opinion

Bitcon

Despite the risks, is Bitcoin becoming mainstream?

Just call me ‘Mystic Mullins’ – vaccine passports ready in weeks as my crystal ball predicted

Uber drivers and plumbers are not the same, whatever the Supreme Court says

Technology

Gavin Bradley from Sit-Stand discusses the three elements of business to be successful and disrupt the status quo

O2

O2 fined £10m for overcharging customers

IOS14

How will iOS 14 change the Digital Landscape?

Utilities

Bills

3 ways you can reduce the cost of your business bills

For any business to be successful, it’s vital to manage costs effectively.

Motoring & Travel Reviews

Cornwall

Cornish Secrets on the advantages of a self-catering holiday in Cornwall

Self-catering can be a bit marmite; many people who love their all-inclusive packages think it sounds just a bit too much like hard work but a self-catering holiday cottage in Cornwall is anything but.

40 Bank Street
Canary Wharf
London E14 5NR

Tel: 020 7148 3861

editorial.bm@cbmeg.co.uk

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