Walmart scales back diversity initiatives after pressure from conservative activist Robby Starbuck. The retailer winds down DEI programmes, prompting mixed reactions from stakeholders.
Category: In Business
Advice on growing your small and medium sized business, SME, in the UK. Hiring and managing staff and finance plus marketing all on one website
Lord Sugar’s Amshold returns to profit as property valuations stabilise
Lord Sugar’s Amshold Limited returns to profit with £932,000 pre-tax earnings as property valuations stabilise. Learn how the company navigated market challenges to reverse previous losses.
Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has reported a further £18.3m loss, raising fresh concerns over its financial sustainability. Auditors have warned the business remains reliant on ongoing support from its parent company, Ineos, to survive.
UK SMEs brace for average revenue loss of £138,000 in 2025 amid Labour’s budget measures
UK SMEs anticipate average revenue losses of £138,000 in 2025 due to Labour’s tax policies, with many considering workforce reductions and turning to freelancers to bridge skills gaps amid economic challenges.
Gary Lineker liquidates Goalhanger Films ahead of capital gains tax increase
Gary Lineker liquidates Goalhanger Films ahead of capital gains tax increases, strategically benefiting from current tax rates while focusing on the growth of Goalhanger Podcasts.
HMRC doubles payouts to tax whistleblowers amid calls for larger rewards
HMRC nearly doubles payouts to tax whistleblowers to £1m, but experts call for larger, proportionate rewards to close the £39.8bn tax gap and encourage more high-quality tip-offs.
Rats learn to drive miniature cars and show enjoyment, study finds
Researchers find that rats can be trained to drive miniature cars and show signs of enjoyment and anticipation, offering insights into animal cognition and the benefits of stimulating environments.
UK considers social media ban for under-16s as Minister orders new research
UK considers social media ban for under-16s as Technology Secretary Peter Kyle orders new research, signalling possible alignment with Australia’s proposed restrictions.
Jaguar retires iconic ‘growler’ logo in electric rebrand to attract new generation
Jaguar retires its iconic ‘growler’ logo in a bold rebrand aimed at attracting younger customers, as it shifts focus to launching electric vehicles in 2026.
Gin and tonic surpasses tea as Britain’s favourite drink amid shifting consumer preferences
Gin and tonic overtakes tea as Britain’s favourite drink, with 44% choosing G&T over tea’s 41%. Discover how shifting consumer trends are impacting the UK’s beverage industry.
Google faces pressure to sell Chrome browser amid antitrust scrutiny
Google may be forced to sell its Chrome browser as US antitrust officials intensify scrutiny, potentially reshaping the tech giant’s operations and impacting its advertising revenue.
House prices dip amid post-budget disappointment as market eyes brighter 2025
UK house prices dip as November sees a larger-than-expected 1.4% fall. Rightmove blames post-budget disappointment but predicts a 4% rebound in 2025 as interest rate cuts improve affordability.
BMW sets aside £70m for potential motor finance commission payouts as industry braces for billions
BMW Financial Services has allocated £70 million to address potential customer compensation claims over motor finance commissions. The industry’s liability may reach billions as lenders prepare for further fallout.
Metro Bank fined £16.6m by FCA over money laundering monitoring failures
The FCA has fined Metro Bank £16.6 million for inadequate systems to monitor over £51 billion in transactions for money laundering risks. Learn more about the regulatory breach.
Budget tax rise puts two in five UK hair salons at risk of closure, warn industry leaders
New budget policies, including higher employer national insurance contributions, could force two in five UK hair salons to close. Industry leaders call for action as employment costs surge.
