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
888, one of the UK’s biggest gambling companies, has been fined a record £7.8m for allowing 7,000 vulnerable customers who had taken a “time out” to continue playing. An investigation by the Gambling Commission found that a “technical failure” in 888’s systems allowed players who had “self-excluded” from the company’s casino, poker and sport games to […]
The euro struck a fresh eight-year high against the pound today as rattled investors in search of safe havens gave yet another boost to the buoyant single currency. The pound bought as little as €1.0745, the lowest since October 2009, barring a bizarre flash crash which lasted just minutes last autumn, reports CityAM. Sterling has been […]
One in five people struggling with debts has seen their credit card limit automatically increased – a higher proportion than for cardholders in general, a charity has claimed. Citizens Advice said 18 per cent of those struggling financially had seen the limit increased without request, compared with 12 per cent overall, reports The BBC. It […]
Details of a £160m Government investment in life sciences will be announced later at the launch of an independent review of an industry worth £64bn to the British economy. The review, by British-Canadian geneticist Sir John Bell, will set out proposals to encourage growth and investment as the Government tries to alleviate concerns about the […]
Theresa May has been forced to abandon her flagship plan to reform executive pay, prompting relief among business leaders but criticism from unions and Labour MPs. The Prime Minister had previously vowed to return the Tories to its roots as the party of workers by clamping down on excessive executive pay and giving shareholders more power in […]
Companies will have to reveal how much more their chief executives are paid compared with the average employee, under a package of government reforms.
House price growth continued to ease this month as the economic slowdown takes its toll on activity in the market, according to Nationwide.
UK’s leading plcs have combined deficit of £62bn, with the percentage of their profits higher than in 2009 after financial crisis.
Profits have been hit in the all-important services sector on the back of a steep rise in costs, even as demand remains robust.
Deloitte’s profits flatlined last year as the accountancy firm navigated a six-month ban from pitching for UK government contracts.
An ambitious target to phase out sales of new petrol and diesel cars by 2030 could halve UK oil imports, a study by environmental and aid organisations suggests.
Shares in the owner of Carphone Warehouse plunged by a third as it warned consumers were shunning handset upgrades – partly due to higher prices caused by the slump in the pound.
British shoppers are no longer the biggest driver of economic growth as households slowed down their spending spree in the second quarter of the year.
Japanese carmaker Subaru has been left counting the cost of failed airbag manufacturer Takata, today booking an 81.3bn (£580m) yen hit.
Spotify has signed a new licensing deal with Warner Music Group, paving the way for the music streaming service to go public.
