News


July Data Shows Sharp Downturn in UK Economic Activity

Friday 22nd July, 2016 Written by Keith Tully

Data relating to economic output and activity during July suggests that optimism and ordering levels among British businesses have both taken a steep downward turn in recent weeks.

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Cash Flow Crisis Sees Administrators Called in at Scottish Building Firm

Thursday 21st July, 2016 Written by Keith Tully

Administrators have been called in to manage the affairs of the Dunne Group, a Scotland-based construction company with hundreds of employees in the UK.

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UK Business Sentiment ‘Collapsed’ After Brexit Vote, says Credit Suisse

Wednesday 13th July, 2016 Written by Keith Tully

Sentiment among big businesses with operations in the UK has plummeted to unprecedented lows in the wake of the UK-wide referendum on Britain’s membership of the EU.

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Food and Drink Industry Calls on Government to Scrap Sugar Tax Plans

Tuesday 12th July, 2016 Written by Keith Tully

The Food and Drink Federation (FDF) is calling on the government to scrap its plans to introduce a so-called sugar tax in the UK.

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Sainsbury’s to Close British Netto Stores and End Joint Venture Operation

Tuesday 5th July, 2016 Written by Keith Tully

Sainsbury’s has said it will close the 16 British Netto stores it has been operating on the basis of a joint venture with a Danish supermarket group called Dansk Supermarked.

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Osborne Commits to Taking UK’s Corporation Tax Rate Below 15%

Monday 4th July, 2016 Written by Keith Tully

Chancellor George Osborne has said he’s planning to take the UK’s rate of corporation tax to below 15 per cent.

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UK Companies Plan Hiring and Investment Freezes After EU Exit Vote

Wednesday 29th June, 2016 Written by Keith Tully

A sizable minority of British companies are planning to put their hiring and investment plans on hold in the wake of the recent referendum on the UK’s membership of the European Union.

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UK Construction Sector Facing ‘Unprecedented Challenges’ After Brexit Vote

Friday 24th June, 2016 Written by Keith Tully

Most analysts are predicting that the UK’s decision to leave the EU will result in a period of significant economic uncertainty for the construction sector.

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Red Hot World Buffet Owner Heads for Administration

Friday 24th June, 2016 Written by Keith Tully

The owner of restaurant chain Red Hot World Buffet will be entering administration after becoming unable to pay its debts and satisfy creditors.

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Microsoft Accused of Avoiding £100m Worth of UK Taxes

Monday 20th June, 2016 Written by Keith Tully

Microsoft has been accused of avoiding UK taxes to the tune of around £100 million via deals it agreed with HM Revenue & Customs (HMRC) several years ago.

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