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Ocado still on the up despite £214.5 million losses

Online grocery retailer has posted £214.5 million pounds pre-tax loses – four times that from 2018 citing damage from a distribution centre fire as the cause.

Ocado, valued at £8.2 billion, has wiped £111.8 million off the value of its Hampshire based warehouse following a fire last year – which was started when detection systems failed to activate a response.

How to keep your head above the water when your small business begins to grow

Starting a business is tough – there’s plenty to do in order to get your start-up off the ground and it’s more than likely that you’re juggling hats in order to keep your costs down and get the maximum out of the business.

Almost half a million UK businesses are struggling, reports show

A recent report from insolvency practice Begbies Traynor shows that nearly 500,000 UK businesses are struggling – the highest figure on record. Experts predict that this will rise to over half a million in 2020.

Data breaches have resulted in £97 million in fines for EU companies

A recent survey by the law firm DLA Piper has reported GDPR fines have totalled £97 million (€114 million) for companies who have breached data and privacy regulations since the introduction of the legislation in May 2018.

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