News from Business

Barclays lets mobile banking users block gambling and drinking

Barclays lets mobile banking users block gambling and drinking

Barclays has become the first high street bank to allow customers to block payments with certain types of retailers in a bid to give people struggling with addictions more control over their spending. The feature will be available from Tuesday for...

Guardian, Tuesday, 08:29
 
Carpetright losses widen as sales fall

Carpetright losses widen as sales fall

Struggling floor covering retailer Carpetright said half-year losses widened sharply to £11.7m from £0.6m last time. Same store sales fell by 12.7% over the six-month period but the company said there was a "marked sequential improvement"...

BBC, Tuesday, 07:48
 

Mallzee named one of UK’s fastest-growing firms

Fashion app Mallzee has been named one of the UK’s fastest-growing businesses in a report by research agency Beauhurst and SyndicateRoom. The Edinburgh-headquartered app, the only Scottish firm to make it onto the list of 100, was ranked at number...

Scotsman, Tuesday, 07:35
 
Why is Milk & More insisting I pay in advance?

Why is Milk & More insisting I pay in advance?

The milk delivery service Milk & More is asking us to pay weekly in advance of our orders. We have been with variations of this service (now owned by the German dairy giant Muller) for 63 years but have never been asked to pay this way – that is,...

Guardian, Tuesday, 07:17
 

Carruthers unveils plans for launch of Scottish stock exchange

Plans to launch a Scottish stock exchange next year have been unveiled after its backers struck a partnership deal with the operator of markets across Europe. Bourse Scot, headed by Edinburgh-based financial entrepreneur Tomás Carruthers who founded...

Scotsman, Tuesday, 06:32
 
Barclays customers can now 'switch off' spending

Barclays customers can now 'switch off' spending

Barclays has become the first High Street bank to allow its customers to "switch off" certain types of spending on their debit cards. The idea is to help vulnerable customers, particularly problem gamblers, or those in serious debt. However,...

BBC, Tuesday, 00:43
 
The pub where your cash is worthless

The pub where your cash is worthless

Cashless establishments may be safer and more convenient, but are they more popular with the public at large? After yet another break-in at south London pub the Crown and Anchor, Arber Rozhaja decided enough was enough. Burglars were after cash lying...

BBC, Tuesday, 00:43
 
North-south economic divide set to narrow as Brexit hits London growth

North-south economic divide set to narrow as Brexit hits London growth

Slowing growth in London since the Brexit vote has put the British economy on track to narrow the north-south economic divide over the coming three years, according to a report. The accountancy firm EY, despite warning of a weaker outlook for almost...

Guardian, Tuesday, 00:18
 
E-receipts from leading retailers 'may break data protection rules'

E-receipts from leading retailers 'may break data protection rules'

Several large retailers may be breaking data protection rules with their e-receipts, according to an investigation by the consumer body Which?. Many retailers offer to email receipts to shoppers but the rules in this area were tightened in May when...

Guardian, Tuesday, 00:18
 
Demands on NHS staff rise as EU applicants 'drop off a cliff'

Demands on NHS staff rise as EU applicants 'drop off a cliff'

The sharp slowdown in EU migrant workers coming to Britain has pushed the hiring needs of the NHS and the wider public sector to the highest levels in seven years. According to a poll of 2,102 employers across nine different industry sectors by the...

Guardian, Tuesday, 00:18
 

Scottish distilleries to receive boost from new tax allowances

Johnston Carmichael has highlighted its advisory work on £100 million of new distillery developments across Scotland, as the firm suggests an increase in available allowances is poised to boost the country’s distillery boom. The accountancy and...

Scotsman, Monday, 19:35
 
Co-founder takes a swipe at Superdry business model

Co-founder takes a swipe at Superdry business model

The Superdry co-founder Julian Dunkerton has stepped up his campaign to return to the fashion retailer by voicing his concerns over the company’s direction in a City stockbroker note. In an unusual intervention, Dunkerton criticised the firm’s...

Guardian, Monday, 19:19
 
Inflation bites wealthy Britons as price rises hit luxury goods

Inflation bites wealthy Britons as price rises hit luxury goods

The wealthiest Britons are experiencing inflation at twice the rate of the rest of the UK population as the prices of goods and services favoured by the richest 1% – oysters, fine wines, Michelin star restaurants and elite private schools – are rising...

Guardian, Monday, 19:19
 
Pound falls to lowest in almost two years amid Brexit uncertainty

Pound falls to lowest in almost two years amid Brexit uncertainty

The pound has dropped to its lowest level for almost two years amid the growing risks to the British economy from political paralysis over Brexit and on a no-deal scenario. Theresa May’s decision to delay the parliamentary vote on her Brexit plan to...

Guardian, Monday, 18:55
 
Gambler's victims to sue bookmakers where he spent stolen cash

Gambler's victims to sue bookmakers where he spent stolen cash

Two of the UK’s largest bookmakers are facing compensation claims worth £1.5m over allegations that they allowed a gambling addict to bet hundreds of thousands of pounds in stolen cash. Betting shop records seen by the Guardian show that the addict,...

Guardian, Monday, 17:23
 


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