The number of manufacturing firms citing a shortage of workers for limiting their investment plans is at its highest for four years, according to a survey by the CBI.
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
RBS at risk of ‘further action’ from watchdog over controversial turnaround unit
The Royal Bank of Scotland’s turnaround unit mistreated customers but did not force them to go bust in order to profit, the City watchdog has said – though it has warned there could be grounds for further action.
“Breathing space”: Government plans six-week interest holiday for people with problem debt
Lenders could be forced to give people struggling with problem debt a six-week interest holiday to give them time to get their finances in order, the government announced today.
Costa coffee chain’s profits go cold
Costa has reported a 10 per cent fall in first-half profits, partly due to more expensive coffee imports.
‘Loyalty penalty’ of over £1 a day for top smartphones
Mobile phone firms are denying they hide charges of more than £1 per day for handsets after fixed-term contracts expire.
Artificial intelligence commission needed to predict impact
Britain’s biggest employers are calling for a commission to examine the impact of artificial intelligence on jobs.
This is not just a mortgage; it’s an M&S mortgage
You will soon be able to buy a house with Marks & Spencer, after the retail giant’s banking arm announced plans to launch a mortgage range.
Bank of England under fire for lack of diversity
The chancellor has been taken to task by MPs about the lack of diversity at the top of the Bank of England.
Brexit must be agreed by end of year to avoid new financial crisis led by France & Germany
France and Germany risk starting a new financial crisis if they try to use Brexit to dismantle the London-based heart of the global economy
Lloyds snubs £500m settlement bid as HBOS merger trial kicks off
Lloyds Banking Group has rejected a last-ditch bid to settle a legal claim over the disastrous merger that created Britain’s biggest high street lender, days before a trial featuring some of the country’s most prominent financiers is due to begin.
Supermarket sales lifted by rising prices and early Christmas shopping
Grocery sales have risen again with higher prices and early Christmas shopping helping the sector chalk up its 17th consecutive quarter of growth.
Automation will affect one in five jobs across the UK
Workers in shadow chancellor John McDonnell’s constituency face highest risk of being replaced by robots, says research.
Moneysupermarket.com reports increased revenue in third quarter of the year
Price comparison website Moneysupermarket.com has reported increased revenue for the third quarter of the year, despite dips in its money and home services operations.
Asos profits surge as overseas sales boosted by weak pound
Online fashion retailer Asos has reported record annual sales and profits, boosted by the weak pound and a “strong international performance”.
Lenders plan biggest cutback in consumer credit since recession
Banks and building societies are planning to rein in unsecured consumer loans at the sharpest rate since the depths of the recession, according to a Bank of England survey.
