All posts by Financial News

Oil Rig

BP to cut 300 North Sea jobs

Following a review of its North Sea operations, oil company BP is to cut 200 jobs and 100 contractor roles, the BBC’s Scotland Business news service revealed on Thursday. Measure to reduce BPs staff numbers are believed to have been […]

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Gas burner

Energy customers lose out by sticking to suppliers or tariffs

British consumers are missing opportunities to save on their energy bills, the Competition and Markets Authority (CMA) has found in its investigation into the UK's 'big six' energy

creditcard

EU votes to cap cross-border and domestic card-based payment fees

Bank fees charged to retailers to process shoppers’ card payments are to be capped, the European Parliament announced on Tuesday. The payment fees are charged by banks belonging to

man piling money

Low inflation in UK helps small businesses take on more staff and increase wages

First quarter results from the UK Federation of Small Businesses (FSB) Index show that the current economic climate in the UK has resulted in small businesses recruiting new

sleeping baby with teddy

New shared parental leave legislation expected to benefit working couples

New laws that will allow parents to share leave following the birth of their child will be of financial benefit to 49% of working couples in the UK,

Medical Technology

World Economic Forum’s announces annual list of top 10 emerging technologies

Emerging technologies such as computer chips that mimic the human brain are included in the annual Top 10 list compiled by the World Economic Forum's Meta-Council on Emerging

money

PPI mis-selling compensation bills for UK banks reaches £24.4 billion

Compensation for mis-selling of payment protection insurance (PPI) by the five largest banks in the UK currently stands at a total of £24.4bn, with most banks extending their

Wales

Just Ask Wales

Brought to you in association with Just Ask Wales What do businesses stand to gain from moving to Wales? The prosaic answer is time, money and freedom, but there’s

Solar

Solar power growth in China opens up new opportunities for UK companies

UK firms that supply solar power materials and technologies are expected to benefit from the rapid growth in China's solar power industry over the next five years, market

UK economy growing

National Institute of Economic & Social Research forecasts 2.9% growth for UK economy

Economic and social research organisation the National Institute of Economic & Social Research (NIESR) released its latest forecast for the UK economy on Tuesday, revealing that it expects

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