Business NEWS

Many Scottish shops and hotels at risk of going under, R3 report claims

Hundreds of retailers and hoteliers in Scotland are at risk of going out of business in the next 12 months, a new report claimed today. Business recovery organisation R3 said that there was … Continue reading “Many Scottish shops and hotels at risk of going under, R3 report claims”


Bargain hunting British travellers widen horizons in search of deals

Spain is still the UK’s most popular overseas tourist destination, but with bargain hunting Brits keen to find the best deals, UK travellers are widening their palette of options, according to data provided by Asda Money. The UK … Continue reading “Bargain hunting British travellers widen horizons in search of deals”


Dutch CNH Global considers merger with Fiat Industrial

Dutch agricultural and construction equipment group CNH Global NV (NYSE:CNH) said it had put together a special committee of independent directors to review the business combination proposal received from Italian majority owner Fiat … Continue reading “Dutch CNH Global considers merger with Fiat Industrial”


Associated British Foods acquires Premier Food’s ethnic flour business

UK-based food, ingredients and retail group Associated British Foods plc (LON:ABF) on Friday said it was buying the Elephant Atta ethnic flour business of Premier Foods Plc (LON:PFD) for a cash price of … Continue reading “Associated British Foods acquires Premier Food’s ethnic flour business”


Wage subsidies brought forward to address youth unemployment in 20 “hotspots”

Areas of the UK with high levels of youth unemployment are to benefit earlier from government help designed to tackle the problem, Deputy Prime Minister Nick Clegg announced today. Under the plan, wage … Continue reading “Wage subsidies brought forward to address youth unemployment in 20 “hotspots””


Airline pilot apprenticeships unveiled by UK government

The UK government announced today an expansion of the higher apprenticeships scheme to include sectors such as aviation, low carbon engineering, legal services and space engineering. In the second round of the GBP25m … Continue reading “Airline pilot apprenticeships unveiled by UK government”


London-listed Sage enters Brazilian market with £125m acquisition of Folhamatic

British business management software firm Sage Group Plc (LON:SGE) unveiled on Wednesday its entrance into the Brazilian market through the GBP125m (USD197m/EUR155m) acquisition of a 75% stake in local accounting, tax and payroll … Continue reading “London-listed Sage enters Brazilian market with £125m acquisition of Folhamatic”


Home Retail Group reports slowdown in sales decline at Argos

UK-based household goods retailer Home Retail Group plc (HRG) (LSE:HOME), which owns Argos and Homebase, reported today that sales at Argos fell at a slower rate in its first quarter, while sales at … Continue reading “Home Retail Group reports slowdown in sales decline at Argos”


UK businesses favour more free trade but less integration in Europe

British businesses value free trade with other countries across Europe but are unsure about the value of deeper integration in the European Union, according to a new survey from the British Chambers of … Continue reading “UK businesses favour more free trade but less integration in Europe”


Thousands of professionals in the UK working part-time hours

Part-time work is not just for low level jobs, a new survey has shown. Timewise, a UK-based jobs website dedicated to professional part-time jobs, has found that one in ten part-time workers are … Continue reading “Thousands of professionals in the UK working part-time hours”


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