Letting go of working mum guilt

<?xml encoding=”utf-8″ ??> Starting and running a business takes hard work, motivation, and persistence. It’s an exciting venture, but one that comes with its fair share of obstacles and challenges. However, when you’re a mother, you may also face an additional struggle that can make it harder to continue – the overwhelming feelings of guilt […]

Moonpig bounces back from Royal Mail strikes to hold on to post pandemic loyalty

<?xml encoding=”utf-8″ ??> Moonpig has reported its largest ever week of sales in the UK thanks to consumers scrambling for Mother’s Day cards. The listed retailer, which allows shoppers to personalise cards and gifts, said it now expects annual revenue for the year ending 30 April to remain at £320m, despite previously warning that Royal […]

Tightening SME lending rules ‘deeply irresponsible’: Business groups warn

<?xml encoding=”utf-8″ ??> Increasing capital requirements on SME lending will stifle economic growth and depress the UK’s small business sector, business groups have warned. Under proposals being considered by the Prudential Regulation Authority (PRA) as part of the Basel 3.1 regulations, favourable treatment for SME lending will be removed. Removing the preferential treatment, known as […]

NatWest and Lloyds to axe a further 81 bank branches

<?xml encoding=”utf-8″ ??> NatWest and Lloyds are to axe a further 81 bank branches as both announced fresh cuts to their high street networks. Lloyds Banking Group is closing 39 branches – 26 Lloyds Bank outlets, nine Halifax branches and four Bank of Scotland outlets – between July and September this year. NatWest Group said […]

Ocado wins robot wars patent case against AutoStore in High Court

<?xml encoding=”utf-8″ ??> Ocado Group has seen off claims from an international rival “goods retrieval” company that alleged the British online retailer and technology group had stolen several of its technology inventions. A High Court judge ruled that two patents held by the Norwegian company were invalid and that, regardless, Ocado had not infringed them. […]

Virgin Orbit lays off workforce after funding failure

<?xml encoding=”utf-8″ ??> Virgin Orbit will lay off 85 per cent of its workforce after the satellite launch business failed to find new funding in the face of a cash crunch. Shares in the group, founded by Sir Richard Branson in 2017, tumbled sharply in out-of-hours trading in New York last night after it announced […]