small business news

company closures rising in Wirral

Recent research from Duport.co.uk shows there was a rise in company closures in Wirral during 2013, with 597 companies closing over the course of the year.

record year for new business in Swansea

2013 saw a surge in company formations in Swansea, according to a new economic report from Duport.co.uk.

Derby smashes record for company formation

Derby smashed its own record for company formation during 2013, according to the latest Duport Business Confidence Report for the area.

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author makes £1m from web start-up

September 2012

Andy McNab is best known for his extremely popular action novels, but he also co-founded Mobcast, one of the first e-book platforms. Five years after its launch in 2007, McNab is now selling his internet start-up to Tesco for £4.5 million - a move which will net him more than £1 million.

Supermarkets are currently battling to gain the upper hand in the e-book market. In June, Sainsbury's acquired the book downloading site Anobii from HMV for just £1. In addition, John Lewis has just won the exclusive rights to sell Barnes & Noble's reading device, the Nook in the UK.

However, Tesco and Sainsbury's e-book offering will be different from John Lewis's Nook or Amazon's Kindle. Books read on the Nook or Kindle have to be bought directly from the company that makes the reading device, whereas Tesco and Sainsbury's will provide the chance to buy e-books that can be read on mobile devices such as phones and tablet computers.

Mobcast will be integrated into Tesco over the coming months, although it is not yet known whether the company will be folded into the Tesco Entertainment label which already sells films and music.

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