Shares in energy giant SSE have taken a hit amid fears its merger with rival npower has been left “in a shambles” after being delayed due to the incoming cap on default tariff prices.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Concerns over bailiffs who ‘flout rules’ spark call for independent regulator
Calls have been made for the Government to bring in an independent bailiff regulator after Citizens Advice recorded an increase in problems caused by debt collectors.
SME Growth Hub Incubator controversial marketing campaign test attracts new business
A controversial marketing campaign aimed at highlighting a regional business growth hub has been a success in terms of business sign ups and doubling online traffic to its website.
Channel 4 takes part in £8.5m investment in Crowdcube to fuel further global expansion
Draper Esprit has taken a £6 million stake in Crowdcube to accelerate growth and continue its drive towards profitability in 2019.
Starling Bank announces partnership with Post Office in bid to tackle “bank branch deserts”
Starling Bank, the mobile-only bank has become the first mobile-only bank to partner with the Post Office to offer Everyday Banking services to its customers.
Irish SMEs to access €40 million investment fund
Irish SMEs looking to secure investment have received a boost with the doubling of a fund that co-invests with so-called “business angels” to €40 million.
UK Firms are struggling to recruit as overseas staff are staying away
Firms seeking staff are being hit by labour shortages, with a “reversal” in the number of migrants in UK workplaces, says HR body the CIPD.
RBS paid contracts £400 a day for envelope-stuffing
Royal Bank of Scotland paid contractors almost £400 a day to stuff envelopes
UK may not get Brexit deal Liam Fox secretary admits after Jo Johnson resignation
The UK could walk away from the European Union without a deal as the country prepares for Brexit, trade secretary Liam Fox has said.
Retailers win £300m cash machine rates legal battle
Retailers will no longer have to pay millions of pounds in business rates for cash machines outside their shops, following a ruling by the Appeal Court.
MPs to probe if vulnerable bank customers are treated fairly?
A committee of MPs is to examine whether vulnerable consumers are being treated fairly by banks and service providers.
Retailers shut 2,700 shops in first half of the year
On average 14 shops are closing every day as UK High Streets face their toughest trading climate in five years, a report has found.
Autotrader profits powers ahead as advertising spend accelerates
Autotrader put the pedal to the metal to cruise away from an industry decline in new car sales, focusing instead on driving up advertising revenue and boosting used car sales.
Dyson wins ruling over vacuum cleaner tests
Dyson, the household appliance maker, has won a battle in the European courts over the way vacuum cleaners’ energy efficiency is labelled.
Supermarkets cut petrol prices by up to 2p per litre
Four supermarkets have announced petrol price cuts of up to 2p per litre as Asda, Morrisons, Sainsbury’s and Tesco make the move as fuel retailers are accused of not passing on savings from lower wholesale costs.