Markets rose on Monday as investors clung onto the possibility that Theresa May could get her Brexit deal approved in Parliament
Category: News Wire
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
UK consumers cut spending on clothes, cars and foreign travel
Visa index shows spending fell for third month in July as rising living costs and Brexit uncertainty hit confidence.
William Hill fined £6.2m by Gambling Commission for lax controls
Betting firm William Hill has been hit with a £6.2m penalty package for breaching anti-money laundering and social responsibility regulations.
Sir Philip Green denies retirement & business sell-off rumours
Sir Philip Green has vehemently denied a report that he is planning to sell his Arcadia retail empire.
Branson looks to launch ‘Concorde 2’ with new supersonic venture
Could we see a new Concorde take to the skies? Billionaire entrepreneur Sir Richard Branson thinks so.
Child abuse images behind Telegram app ban
Apple removed messaging app Telegram from its app store because some users were sharing images of child abuse.
Soho House finds new home with $2bn New York float
Soho House, one of the world’s biggest networks of private members’ clubs, is plotting a flotation in New York that will value the company at about $2bn (£1.4bn).
Lloyds Bank bans customers from buying bitcoins using credit cards
Lloyds Banking Group has banned credit card customers from buying bitcoin amid fears it could be left in debt as the cryptocurrency’s value deflates.
Ryanair launches £662m share buyback but forecasts ‘adverse PR’ ahead
Ryanair has launched a €750m (£662m) share buyback and sought to reassure shareholders that it is equipped to remain Europe’s biggest low-cost airline after caving in to a unionisation drive from pilots. Staff costs will increase by €45m this year as the Irish company lifts pay for its flight crews, and there may be further […]
Downing Street insists UK will leave customs union
Downing Street has insisted Britain will leave the EU customs union after Brexit amid claims of Tory disunity over the UK-EU future relationship.
BT revenue slips as IT business struggles
BT Group revenue fell 3 per cent in the third quarter, missing analysts’ estimates for a gain, as its struggling IT business showed continued weakness.
iPhone sales dip but Apple still hits record revenues
Apple’s latest iPhone range sold about a million fewer handsets in the last three months of 2017 – but the firm still pulled in record revenues of $88.3bn (£62bn).
Toys R Us UK future in fresh doubt as US parent hunts buyer
The future of Toys R Us’s UK operations – and thousands of jobs – has been thrown into fresh doubt just weeks after creditors approved a radical rescue plan.
More than £1bn wiped off value of Capita
More than £1bn was wiped off the stock market value of the government contractor Capita on Wednesday, sparking fears of job losses and forcing Downing Street to play down the threat of a collapse echoing the demise of rival Carillion. Capita, whose major contracts range from collecting the BBC licence fee to electronic tagging of […]
Informa seals £3.8bn takeover of UBM
Informa has sealed its £3.8bn takeover of conference organiser UBM on Tuesday, creating an enlarged business information and events firm.