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Business Ideas UK

My name is Joel Bissitt. I have been an entrepreneur for 24 years and have run many small businesses across various sectors. For the last 10 years I have worked mainly within online media, franchising and small business start-ups. I am an author of various websites including Franchise UK https://www.franchise-uk.co.uk

UK retail sales slide in tough December

UK retail sales fell by 1.5% in December compared with November, the biggest monthly fall since the EU referendum, official figures show.The Office for National Statistics (ONS) said many shoppers had shifted spending to November to take advantage of Black Friday offers.It comes as Carpetright and clothing chain Bonmarche …

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Funeral price war takes its toll on Dignity

We’re so sorry for your loss. That is how Dignity, the UK’s biggest quoted funerals provider, is addressing its investors after a profits warning that has caused the share price to halve. Dignity, which operates from 792 locations and which in 2017 conducted 68,800 funerals, is the UK’s second …

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Zambia's traders protest at anti-cholera measures

Following Zambia’s cholera outbreak last year, the government has moved to clear street markets in a bid to curb the spread of the disease. But many street traders say their livelihoods are suffering and have been protesting at the authorities’ actions. From Zambia’s capital, Lusaka, Kennedy Gondwe reports. Source: …

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'Poor' British Steel pensions advice reviewed by police

Reports Port Talbot steelworkers have been given poor pensions advice are being looked into by police.Tata Steel employees have claimed they have been mis-sold advice about moving from the British Steel Pension Scheme after it was removed from the business.The Financial Conduct Authority is already investigating 17 firms over …

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Sky sources: Carillion had £2.6bn pension hole

Carillion, the bankrupt construction group, had financial liabilities worth about £5bn when it went bust this week, according to the most extreme calculation of its obligations to tens of thousands of pension scheme members. Sky News can reveal that private analysis of Carillion’s pension deficit on a Section 75 …

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Carpetright shares floored after profit warning

Carpetright has become the latest UK retailer to issue a post-Christmas profit warning, its second in as many months, blaming a “sharp deterioration” in trade. Shares in the specialist carpet and floor coverings retailer slumped 48% on opening – an hour after the company said it had adjusted its …

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HSBC to pay $101.5m to settle currency probe

HSBC has agreed to pay $101.5m (£73m) to settle a US criminal investigation into the rigging of currency transactions. The case, brought against the UK-based bank by the Department of Justice in New York, centred on the activities of traders accused of using confidential information provided by clients to …

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