UK businesses optimistic about overseas expansion

UK businesses are optimistic about the prospects for overseas expansion according to accountants BDO.Some 78% of the 100 UK firms surveyed expected revenue from foreign…

Bogus drug websites raided

A global raid on the sale of fake and unlicensed medicines by websites has found £6.5 million of drugs.UK drug officials took part in a…

Asos sees big increase in online sales

The online fashion retailer Asos saw a big increase in demand from US customers- which helped sales to grow 31% in the three months to…

Companies need bold action to grow survey finds

The latest survey from the British Chambers of Commerce (BCC) finds that while the UK economy remains weak- businesses are growing.Director general John Longworth called…

UK broadband plans will slow online business growth

A £1.1 billion funding gap means the UK government’s targets for broadband growth are unlikely to be met predicts a report by the London School…

Facebook’s floatation values company at between £53 billion and £59 billion

Facebook has set the share price for its upcoming floatation at between £17.5 ($28) and £21.8 ($35) per share, valuing the company at between £53…