'How Small Businesses Can Grow On A Tight Budget'
Small Business

How Small Businesses Can Grow On A Tight Budget

Growth rarely comes easy. As small businesses expand,they need capital to hire new workers, pursue new projects, and pay off debts. Even companies with good long-term prospects can fold when capital problems create short-term headaches. According to Investopedia, nearly half of small businesses fails as they run out of funding. Owners of these businesses usually know exactly how much money...

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'£500m fund to restore Beeching rail cuts goes ahead amid criticism'
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£500m fund to restore Beeching rail cuts goes ahead amid criticism

Image copyright PA Media Image caption The disused Fleetwood and Poulton-le-Fylde line was visited by the prime minister during the general election campaign A government fund is to be launched later to restore historic railway lines closed more than 50 years ago under the so-called Beeching cuts. Transport Secretary Grant Shapps will visit Fleetwood to announce £21.9m for two railway lines and a New Stations Fund. The £500m fund was promised in the Tory election manifesto in November. But Labour called the plan "meaningless", adding that £500m would reopen just 25 miles of railway. And the Rail, Maritime and Transport union (RMT) described the funds as a "drop in the ocean". The government is giving funding to develop proposals for two historic railway lines - £1.5m to the Ashington-Blyth-Tyne Line in Northumberland, and £100,000 to the Fleetwood line in Lancashire. And communities will be able to apply for some of the remainder of the £500m pot to restore their lines. Conservatives..

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'Airbus reaches deal to settle corruption probe'
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Airbus reaches deal to settle corruption probe

Image copyright Airbus Airbus says it has agreed a settlement with French, British and US authorities following lengthy investigations into allegations of bribery and corruption. In a statement, the European planemaker said the deal was subject to approval by courts in the three countries. The allegations have centred on the use of middlemen in plane sales. Details have not been revealed, but reports suggest that Airbus - based in Toulouse in south-west France - could pay more than €3bn (£2.5bn) in fines. The UK's Serious Fraud Office (SFO), and later its French counterpart, opened investigations into Airbus after the firm reported itself in 2016. The SFO opened its investigation in August of that year into allegations of "fraud, bribery and corruption" in the civil aviation business of Airbus. The firm, which employs more than 130,000 people globally - including about 10,000 in the UK - asked the regulator to look at documentation about its use of overseas agents.

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