Business Services

Morning Coffee: Your daily business news round-up (July 28th)

By Converge
July 2015

More business news for you to browse this morning. Here's your Morning Coffee for July 28th, 2015. 

As ever, please click on the titles to read more. 

1. Stripe valued at $5bn after Visa joins new funding round

The fact that Visa has chosen to invest in Stripe, not in PayPal, is seen to have huge significance.

2. Amazon Prime Music takes on Spotify and Apple Music in the UK

Amazon has launched its music streaming service in the UK, in an attempt to entice more customers onto its Prime membership scheme.

3. Royal Mail 'breached competition law' with delivery charges, Ofcom finds

Ofcom, the UK regulator, has issued a strongly-worded 'statement of objections' against Royal Mail, alleging that it discriminated against rival delivery services.

4. Tees Valley to bid for City of Culture 2025 with Hartlepool backing

The Tees Valley has declared its intent to bid to become the UK City of Culture in 2025.

5. Successful sole traders who form companies hit by budget changes

The recent newly-branded Summer Budget sprung a particularly nasty surprise on small business owners with wholesale changes to the way dividends are taxed.