Business NEWS

Poundworld founder considering return to ailing retailer

Struggling retailer Poundworld may not vanish from the High Street after all, following news that its founder is considering purchasing some of the stores, according to BBC News. The discount retailer was founded … Continue reading “Poundworld founder considering return to ailing retailer”


Shareholder revolt for WPP over Sorrell departure

Advertising giant WPP is facing a shareholder revolt over its handling of the departure of former CEO Martin Sorrell, according to Reuters. Almost one in three WPP shareholders neglected to support the board’s … Continue reading “Shareholder revolt for WPP over Sorrell departure”


5.9 million payment cards hacked in Dixons Carphone data breach

Dixons Carphone has admitted to a major data breach involving 5.9 million payment cards and 1.2 million personal records, according to BBC News. The company said a hacking attempt began in July 2017. … Continue reading “5.9 million payment cards hacked in Dixons Carphone data breach”


Supreme Court judgment strikes a blow to gig economy

A landmark ruling by the Supreme Court could have huge ramifications for the UK’s gig economy, according to BBC News. Plumber Gary Smith worked for Pimlico Plumbers for six years before a heart … Continue reading “Supreme Court judgment strikes a blow to gig economy”


How To Score Grants & Funding For Your Startup

99.9% of the 99.3% of small private sector businesses in the UK are SMEs according to 2017 statistics. If you are one of them, you will know that of all the concerns a … Continue reading “How To Score Grants & Funding For Your Startup”


Local opposition to tall wind turbines on Isle of Lewis

Plans for two major wind farms on the Isle of Lewis have been challenged by local inhabitants after developer EDF Energy said the turbines would need to be higher than expected, according to … Continue reading “Local opposition to tall wind turbines on Isle of Lewis”


Suppliers worried about Asda/Sainsbury’s merger

Suppliers to supermarkets Sainsbury’s and Asda have expressed concern that the merger of the two chains could lead to increased pressure on price, according to BBC News. Mike Coupe, chief executive of Sainsbury’s … Continue reading “Suppliers worried about Asda/Sainsbury’s merger”


Comcast tops 21st Century Fox’s Sky bid

US cable TV firm Comcast has bid £22bn for Sky in a move that threatens media giant Rupert Murdoch’s attempts to take over the pay-TV group, according to BBC News. Murdoch’s 21st Century … Continue reading “Comcast tops 21st Century Fox’s Sky bid”


Shire to recommend sweetened Takeda takeover bid

Biotech giant Shire has said it would be willing to recommend an amended $64bn takeover bid from Takeda Pharmaceutical Co to shareholders, according to Reuters. The rare disease specialist made the statement amid … Continue reading “Shire to recommend sweetened Takeda takeover bid”


Whitbread to spin off Costa Coffee following shareholder activism

Whitbread has announced that Costa Coffee will be spun off as a separate company, according to Reuters. The move comes after pressure from investor activists pushed for the coffee chain to be listed … Continue reading “Whitbread to spin off Costa Coffee following shareholder activism”


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