The UK has agreed to scrap its Digital Services Tax on online giants like Amazon in a move that will stop Joe Biden slapping tariffs on British goods. An agreement was struck with the EU and US yesterday on how to transition from the Digital Services Tax to a new global system agreed by G20 countries earlier this year. ...

Retail sales fell unexpectedly last month in another sign that Britain’s economic recovery is slowing, official figures show. Sales dropped by 0.2 per cent in September, according to the Office for National Statistics (ONS). This was worse than the 0.5 per cent rise forecast by economists. Despite the fall, retail sales are still 4.2 per cent higher than they ...

The boss of one of the world’s largest consumer goods companies has warned shoppers that they are facing a “once-in-two-decade” environment of rising prices across almost every household product category. Unilever, the FTSE 100 maker of Dove soap, Magnum ice creams and Lynx deodorant, said it had been offsetting huge inflationary pressures by pushing up prices by 4.1 per ...

Have you been considering introducing PayPal as a payment method for your business? While you have probably heard of the many benefits that PayPal comes with as a consumer, you are wondering what’s in it for you as a small to medium-sized business? Before we analyse why PayPal is a great option for your business, let’s look at the ...

For almost two years now, the world has been living in supply chain hell. The disruption caused to the distribution of consumer goods is widespread and set to persist far beyond the Covid-19 pandemic. It’s a major factor behind the growing problems we face with food security and nutrition – described by the UN as a ‘humbling reality’. And ...

Bringing a project into life, turning an idea driving us, or making us vibrate into reality and which becomes our overriding ambition, is the feeling shared by many entrepreneurs with ground-breaking projects. But the difficulties arising from that are multiples and often linked to one single problem: the lack of proper funds. How many might promising ideas never have ...

It is not uncommon for people to think that subtitles are only used in movies and TV shows. However, this is not the case. Subtitles translate spoken words into written text, making them an excellent tool for business owners looking to expand their reach. Whether you’re hosting a webinar or conference call with international customers, subtitling your content will ...

Big Data is one of the most promising branches of the IT industry – but also one of the most vulnerable one. What are the risks of using Big Data and how to protect your company from damage? Let’s find out! Big benefits, big risks As you might have already guessed, Big Data operates on, well, data – specifically ...

Britain’s manufacturers are struggling with their worst supply shortages since the mid-1970s, as fears grow in the sector over the economic fallout from rising costs and a lack of key materials. Almost two-thirds of the businesses surveyed in the snapshot from the Confederation of British Industry (CBI) warned that shortages of components would hit factory output in the next ...

Tighter regulation of the buy now, pay later credit industry is on the way, though the government has concluded there is “relatively limited evidence” of widespread consumer harm. The comment, in a new document from the Treasury, could indicate that legislation will be less tough than some have called for, and may explain why leading buy now, pay later ...

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