The UK government is set to introduce new measures aimed at tackling late payments by large firms to small businesses, an issue that contributes to the collapse of 50,000 SMEs every year. On average, delayed payments cost small businesses £22,000 annually, according to research from the Department for Business &Continue Reading
Ocado has upped its revenue guidance for the year into double-digit percentage growth after a sharp rise in customers over the summer months. The online retailer said revenue rose 15.5% year on year to £658 million for the quarter ending September 1, while average orders per week rose 14.7% toContinue Reading
The UK operator of TGI Fridays has gone into administration as the hospitality firm scrambles to sell its chain of 87 restaurants across the country. Hostmore said it had appointed joint administrators from Teneo. The company is in the process of trying to sell the UK restaurants to new owners,Continue Reading
The Bank of England is poised to keep interest rates at 5% after sending a “clear message” that it would not move too quickly to cut borrowing costs. Most economists think that rate-setters on the Monetary Policy Committee (MPC) will keep the UK interest rate on hold on Thursday. ThisContinue Reading
Angela Rayner is set to hold another round of talks with trade unions and business leaders as the Government continues its drive to end “exploitative” zero-hours contracts. The Deputy Prime Minister and the Business Secretary, Jonathan Reynolds, will meet general secretaries from Britain’s major trade unions along with figures fromContinue Reading
Historic homeware brand Tupperware has filed for bankruptcy in the United States. The Orlando-based Tupperware Brands Corporation said launching bankruptcy proceedings was the “best path forward” after exploring “numerous strategic options” to stay afloat despite debts of more than $700 million. The business – famous for its airtight storage containersContinue Reading
UK inflation remained unchanged at 2.2% last month but price pressures picked up pace in the key services sector as air fares jumped higher, according to official figures. The latest data from the Office for National Statistics (ONS) showed inflation has remained above the 2% target for the second monthContinue Reading
UK inflation is expected to remain above the 2% target when official figures for August are released on Wednesday amid a resurgence in price pressures across the key services sector. Most economists are predicting that the latest data from the Office for National Statistics (ONS) will show Consumer Prices IndexContinue Reading
Coworking spaces in Melbourne have seen a significant rise in recent years, becoming a key component of the city’s business ecosystem. These spaces offer more than just a desk and Wi-Fi; they provide a collaborative environment that fosters innovation, networking, and productivity. In this article, we’ll explore why coworking spacesContinue Reading
The world of business has become intensely data-driven. For any business to stand out and succeed, it must know how to use all the customer information at its disposal. If you are keeping it real, this is a lot of information that can be overwhelming for the team of aContinue Reading
