Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
“Unfair charges” levied on buyers of new-build houses could be banned in England under a proposed crackdown, reports The BBC. Leaseholds on new-build houses would be outlawed, while ground rents could be dramatically reduced, under government plans subject to public consultation. Ground rents can double every decade, crippling home owners and in some cases making […]
One of America’s best-known fashion retailers has agreed to take over luxury shoe brand Jimmy Choo in an £896m deal, reports Sky News. Michael Kors, the New York-listed chain, said on Tuesday it was “the ideal partner” for Jimmy Choo, famous for its stiletto shoes and accessories. Several buyers were in the race and mulling […]
Head of Commons business committee Rachel Reeves aims to question courier executives and their workers on the gig economy. Uber and Deliveroo and other representatives of the “gig economy” face fresh inquiries by British MPs, which will involve their senior executives being grilled by a parliamentary committee over the companies’ working conditions, reports The Guardian. Rachel Reeves, […]
The rapid growth of premium drinks brand Fever-Tree shows no sign of slowing as the posh tonic maker upgraded its profits forecasts following a 77 per cent spike in revenues, reports The Telegraph. Fever-Tree’s share price has now increased by more than 1000pc since it listed in late 2014 as the company has capitalised on the […]
Senior Asda sources have dismissed reports that the supermarket chain is planning a £4.4 bn takeover of discount retailer B&M.
Mobile operator retains naming rights to venues in 13 cities for next 10 years in deal with owners Live Nation and AMG.
The cash injection comes as the global meat-free brand achieves 19 per cent growth in worldwide sales in the first half of the year.
Credit risk for UK corporates and financials has been on the rise over the year since the Brexit vote, according to the latest figures from Credit Benchmark.
The UK and US economies will expand more slowly in 2017 than previously predicted, according to the International Monetary Fund (IMF).
The UK’s biggest payments processor charts a leap in the amount of money foreign tourists are spending in the UK.
Guardian exposed how exchequer could lose millions from aggressive tax avoidance scheme linked to Anderson Group.
Paysafe Group has revealed it received a conditional offer from Blackstone and CVC Capital Partners valuing the business at £2.9bn.
Microsoft quarterly profits nearly doubled to $5.3bn, after growth from its cloud computing business.
Retail sales bounced back in a warmer second quarter of the year, raising hopes the resilience of the British consumer will continue to fuel UK economic growth. Sales rose by 0.6 per cent in June in terms of the volume bought, with a quarterly sales increase of 1.5 per cent, the Office for National Statistics […]
More than a third of all card payments are now contactless, according to new figures. Trade association UK Finance said 33 per cent of all spending on plastic was settled with a tap instead of a swipe in May, almost double that of last year’s 18 per cent, reports The BBC. There was a particular […]
