smallbusiness

Mum sells Childs Farm skincare brand she founded in a Basingstoke barn to help her daughter’s eczema for £18.4m By Daily Mail City & Finance Reporter Published: 21:57 BST, 21 March 2022 | Updated: 12:29 BST, 22 March 2022 A mother-of-two landed a payday of up to £18.4million after selling the skincare brand she founded … Read more

The pandemic has spelled a year and a half of turbulence for almost all businesses, but it has been particularly hard on the startups trying to pave the way and disrupt their industries.  Still, plenty of entrepreneurs have pushed ahead to launch new businesses and build their existing ones.   This is Money has picked out … Read more

After a year and a half of difficulty, English pubs will be raising a toast to the Chancellor today after he slashed business rates and simplified alcohol duty in a bid to encourage punters back to pubs. A total of 358,254 hospitality, retail and leisure premises in England have received £17.16billion in rates relief since … Read more

A start-up backed by Rio Ferdinand is gaining traction as it pledges to shake-up the money transfer market by making it cheaper and easier to send money abroad. Sokin launched with a bang earlier this year, announcing investment from the former Manchester United and England defender and has ambitious aims to become a £100billion company … Read more

Small businesses in the South West are most hampered by poor broadband, Mastercard says as it ramps up digital help for fledgling firms South West scored worst for broadband performance levels, report says Use of technology and fast broadband vital for small companies Tech use among small businesses for HR is generally poor By Jane … Read more

The founder of the fastest-ever ‘unicorn’ in Europe dreams of fleets of cycle couriers rapidly delivering groceries in every British city. A year ago, Turkish-born tech entrepreneur Kağan Sümer barely had a few euros to his name and was trying to get his fledgling firm, Gorillas, off the ground in Berlin. Since then, the expansion … Read more

Imagine if you could have a fresh set of clothes to take on holiday for under £100. Or an envy-inducing designer handbag for a tenth of the normal price. Well you can. The only catch? You’ll have to give them back once you’ve had enough of them.  Clothes rental services were once the preserve of … Read more

UK businesses which make regular overseas payments are losing out on hundreds of pounds per transaction thanks to inferior foreign exchange rates charged by Britain’s biggest banks. The likes of Barclays, Lloyds and HSBC, which calls itself ‘the world’s local bank’, levy currency conversion mark-ups which effectively act as stealth charges on overseas payments and … Read more

While investing in cryptocurrency has undoubtedly become more mainstream, it hasn’t been possible to use it to pay for everyday goods and services in the same way you would a debit card. Silicon Valley-based crypto platform Uphold is trying to change that. The firm says it is revolutionising the way in which consumers shop, through the introduction … Read more

Fears for small firms as banks prepare to claw back billions in Covid loans HSBC, NatWest, Barclays and Lloyds have begun sending letters to customers  Banks are allocating hundreds of extra staff to spearhead the recovery efforts They have handed out more than £75bn to 1.6m firms under Government scheme By Helen Cahill and Emma … Read more