Business investment in the UK fell to the lowest rate in the G7 group of wealthy nations despite corporation tax cuts, the government has been warned, as ministers prepare £30bn of giveaways targeted at companies and higher-income workers. The Institute for Public Policy Research (IPPR) said a “race to the bottom” on the headline tax […]
The UK competition regulator has opened an in-depth investigation into Microsoft’s $75bn acquisition of video game maker Activision Blizzard, the creator of blockbuster Call of Duty. The Competition and Markets Authority on Thursday referred the tie-up for a phase 2 probe, having raised concerns that the deal could hurt rivals such as Sony and present […]
Adobe has agreed to buy business-to-business design company Figma for $20bn in cash and stock, as the software giant looks to bolster its creative tools offering. San Francisco-based Figma, founded by Dylan Field and Evan Wallace in 2012, allows software developers and designers to collaborate remotely and design everything from slides for presentations to user […]
The current challenges around rising costs are expected to prompt more than 40,000 SMEs to lean on finance providers to help support their businesses according to new research from solution-led fintech lender Nucleus Commercial Finance (NCF). The study found that 15% of small and medium sized UK businesses expect to need a loan to support […]
A managing director at a UK-wide security and cleaning company wants his employees to have job security … so he’s transferred ownership of the business to its workforce. Paul Cody founded security and cleaning company Britsafe 30 years ago which now employees 500 people nationwide. Rather than sell the company to a rival or risk it […]
Three quarters of Brits say they are currently paying for subscriptions they don’t use – whether that be video streaming services or the gym memberships we’ve vowed to use since the start of the year. Whilst there’s been a lot of talk of tightening belts in recent months, 38 per cent of the public have […]
New research has revealed that women report they still face stereotypes when running a business compared to their male counterparts, saying they are seen as ‘too emotional’, ‘bossy’, ‘weak’ and ‘trying to be masculine’. The research found that nearly half of women believe there is less room for them to fail in the business world […]
In England, Scotland and Wales, full-time nursery for children under the age of two is costing some parents more than half of one person’s weekly take-home pay. In fact, In some areas, this figure climbs to a staggering 70 per cent of parents take-home pay. The analysis was shared by Business in the Community, The […]
Netflix will reportedly launch a cheaper ad-supported tier for its streaming platform at the start of November as the company tries to stem the loss of more than 1 million subscribers in 2022. The company was initially planning to start offering the service in 2023, but Variety reported last week it had been bumped to […]
The latest economic forecasts predict stagnated growth across the UK economy next year and a recent survey has found that three-quarters of SMEs are pivoting in response to existing economic difficulties. With a wide range of national and international factors adversely affecting the UK food and drink industry, B2B online marketplace ShelfNow shares how small […]