Britain’s top bosses have seen their pay packets slashed in the face of mounting pressure from politicians and from investors. The average FTSE 100 chief executive earned £4.5m in 2016, down from £5.4m in 2015, according to the High Pay Centre and the Chartered Institute for Personnel and Development, reports The Telegraph. It takes earnings […]
Category: News Wire
Daily feed of the best news affecting your small business from media and websites in Britain and across the world
Trump administration blocks another major takeover
The Trump administration blocks another high-profile takeover of a US company, this time leaving Alibaba’s founder disappointed.
Apple leads race to become world’s first $1tn company
Tech giants likely to pass record valuation if share price rises echo 2017 performance with Amazon, Google, Microsoft and Facebook in with a chance
Next lifts profit forecasts
Next has delivered a surprise lift in festive sales and marginally upgraded its profit guidance after beating City forecasts.
Patisserie Valerie seeks investors’ dough to bake Gail’s bid
Patisserie Valerie is preparing to tap investors for tens of millions of pounds as it bakes a takeover bid for the company that owns Gail’s, the chain of artisan cafes.
MPs condemn rail fare increase
Prices will rise by 3.4% on average, sparking protests at dozens of train stations as ‘passengers pay more for less’
Business world shocked at death of ‘hugely respected’ Compass boss Richard Cousins
Richard Cousins, the chief executive of FTSE 100 catering company Compass who was tragically killed alongside his family in Sydney on Sunday, was widely credited as one of the most astute businessmen of his generation.
U.S. judge rejects delay of foreign entrepreneur immigration rule
A federal judge in the U.S. has ordered the Department of Homeland Security (DHS) to rescind its delay of a rule that allows some foreign entrepreneurs to stay in the United States to grow their companies, court documents show.
Royal Mail half-year profits fall by 30%
Royal Mail’s half year profits have fallen by nearly a third as its UK parcels and letters business slipped to a loss – and it warned of further pressure on earnings due to a wrangle with unions.
Poor productivity outside south-east England hurting UK economy
Worker output in London and satellite cities far outweighs that in places such as Stoke and Doncaster, says Centre for Cities thinktank
Dyson sues ex-chief executive over leaked secrets claim
Billionaire Sir James Dyson’s company is suing former chief executive Max Conze claiming he leaked the company’s secrets.
New car sales drop 12% in October
New car sales tumbled 12.2 per cent in October, marking the seventh consecutive month of declines and an acceleration on the fall of 9 per cent recorded the previous month. Falling business and consumer confidence was to blame for the drop, according to Mike Hawes, chief executive of trade body the Society of Motor Manufacturers […]
Old scams, new tricks as fraudsters adapt
The organisation at the frontline of UK consumer protection says it is seeing a pattern of “old scams, new tricks”.
UK interest rate doubled – first rise in 10 years
The Bank of England has increased interest rates by 0.25 percentage points to 0.5 per cent – the first rate rise since 2007.
Apple shares hit fresh highs as it eyes record Christmas sales
Apple expects record sales of iPhones in the run-up to Christmas, and dismissed any talk of weaker demand for its iPhone 8 models saying they “instantly became out top 2 selling products” on release.
















