One of Britain’s top venture capitalists has launched her second fund as she tries to snap up a larger portion of the expanding European technology scene.
Flybe has confirmed it has agreed a financial arrangement to defer tax payments of “less than £10 million” with HM Revenue and Customs.
The Works boss Kevin Keaney has stepped down after nearly nine years at the helm just two months after a shock profit warning sent its shares tumbling.
Premier Inn owner Whitbread said business customers using its hotels outside of London remains weak, although this was offset by a strong performance in the capital.
Flybe’s collapse has been averted after the Government told the airline it would review air passenger duty (APD) and shareholders agreed to inject additional investment.
Regional airline Flybe has secured a rescue deal with the Government that will allow it to keep operating, the Business Secretary said.
British-based banks and financial services handed over £75.5 billion in taxes last year, accounting for more than £1 in every £10 paid to the Government, according to new figures.
The UK’s service sector flatlined in December as improving business order books helped to stop decline from the previous month.
Homes added £12 per day on average onto their value during 2019, according to a property website.
Investors in troubled manager Neil Woodford’s flagship fund will see their first payouts as the fund winds up in the middle of January after it won permission from the Financial Conduct Authority.
Budget carrier Wizz Air has teamed up with a state-run holding company in the United Arab Emirates to launch its first non-European airline.
A heartwarming design of a Big Issue seller next to Father Christmas and a snowman created by a 12-year-old girl has been chosen as the front cover of the magazine’s Christmas edition.
Cafe-bar operator Loungers has said it sees the potential to more than triple in size after posting surging sales on the back of new restaurant openings.
Britain’s builders have suffered the longest run of declining new orders for six years as Brexit and election uncertainty keep the sector firmly in contraction, according to new figures.
Shares in Royal Mail have dived after it warned that the company’s transformation programme is “behind schedule”, despite improving profits and revenues over the past six months.
Littlewoods and Very.co.uk group Shop Direct has secured a £75 million equity injection from owners, the billionaire Barclay brothers, as it looks to cover a hefty payment protection insurance bill.
The number of female directors at top UK companies has increased over the past year but a “step-change” in representation is still needed, according to a new report.
The number of people heading to the high street, retail parks and shopping centres is continuing to fall, new data has revealed.
Jobseekers in Dundee are being invited to learn more about large businesses and organisations offering hundreds of employment opportunities in the area.
Jamie Oliver has told of his desperate attempts to save his restaurant group from collapse as he ploughed millions of pounds of his own money into the business.