British billionaire Joe Lewis, the former owner of Tottenham Hotspur, has avoided a prison sentence in the United States for insider trading.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Housing market springs into life over Easter
The housing market sprang into action over the Easter period, with more homes put up for sale on Thursday last week than on any other day this year, according to Rightmove, the property search website.
Wet weather and shaky consumer confidence give retailers longest dip in sales since pandemic
Retailers in the UK are facing the longest dip in sales since the Covid-19 pandemic, with high street sales and footfall dampened by wet weather and shaky consumer confidence, according to a recent survey by BDO, a consultancy.
Brexit Import Charges Unveiled: Fears of Food Price Surge
The UK government has disclosed the import charges for EU food products post-Brexit, raising concerns over potential increases in food prices.
Ofgem Raises Concerns Over ‘AI Collusion’ in Energy Market
Ofgem proposes explicit regulations on the use of artificial intelligence (AI) in the energy sector, citing concerns about potential tacit collusion among companies.
Virgin Atlantic to soar to record profits as passenger numbers recover
Virgin Atlantic, once teetering on the brink of collapse during the pandemic, now anticipates reaching new heights with record operating profits this year as passenger numbers soar back to pre-Covid levels.
Eurozone Inflation Rate Drops to a Two-Year Low of 2.4%
Pressure mounts on the European Central Bank as inflation in the eurozone hits its lowest point in over two years, prompting expectations of interest rate cuts. Business Matters analyses the implications of slowing consumer prices amid economic uncertainties.
Britons Consuming 50% More Takeaways Post-Covid, Threatening Health and High Streets
Analysis reveals a significant surge in takeaway consumption in the UK, outpacing dining at pubs and restaurants. While economists attribute this shift to enduring effects of the pandemic, anti-obesity campaigners raise concerns over its impact on public health. Business Matters delves into the evolving eating habits reshaping the nation’s food landscape.
6 in 10 businesses prefer to buy UK-made products, new research finds
Almost six in ten of businesses prefer to buy UK-manufactured products over alternatives imported from other countries as ‘buy British’ sentiment rises 20% at businesses across the economy, according to nationwide research.
Sadiq Khan Unveils Plan to Create 150,000 High-Quality Jobs in London by 2028
London Mayor Sadiq Khan has announced a bold initiative to generate 150,000 “high-quality, well-paid jobs” by 2028.
British Steel Secures Multimillion-Pound Contract for Egyptian Rail Project
British Steel has announced that it has won a significant multimillion-pound contract to supply rail for a new railway project in North Africa.
House Prices Rise for Second Month in a Row
After a surprising fall in house prices last month, economists have indicated that it was merely a temporary setback and expect prices to continue rising throughout the year.
Microsoft to Offer Teams Separately from Office Suite Worldwide
Microsoft has announced that it will sell its Teams online meeting service separately from its Office software suite worldwide, following a move made six months ago in Europe.
Nationwide Advert Banned for Misleading Claim about Branch Closures
Nationwide Building Society’s television commercial, featuring actor Dominic West and satirising branch closures by rival banks, has been banned by the Advertising Standards Authority (ASA) for misleading consumers.
Government Admits Need for 40,000 More Nursery Staff for Free Childcare Expansion
The government has acknowledged that an additional 40,000 nursery staff will be required to implement the “massive” expansion of free childcare, following concerns raised by parents and industry experts.