Business NEWS

Wage inequality for men has risen, study finds

In the past 20 years there has been a fourfold increase in the number of men in low-paid part-time work, according to a new report from the Institute for Fiscal Studies (IFS). The … Continue reading “Wage inequality for men has risen, study finds”


UK retailers report sales growth in Christmas trading updates

‘Super Thursday’ has arrived, with a multitude of UK retailers announcing their sales figures for the key Christmas period. Marks and Spencer reported its first like-for-like improvement in clothing and home sales since … Continue reading “UK retailers report sales growth in Christmas trading updates”


Top UK bosses have already clocked up average annual UK salary

By lunchtime on 4 January, top bosses at UK firms had made more money than the average UK worker earns in an entire year, according to the High Pay Centre. The independent think … Continue reading “Top UK bosses have already clocked up average annual UK salary”


Can online estate agencies disrupt an entrenched property industry?

Offline agents have for a long time dominated the real estate industry and led many people to believe that they are unshakable. The revolution on how people buy and sell property began like … Continue reading “Can online estate agencies disrupt an entrenched property industry?”


CBI sets out business priorities for Brexit

The CBI has called for a “barrier-free relationship” to be maintained with the European Union after Brexit. In a report released on Wednesday, the business group raised concerns about issues including tariffs, immigration … Continue reading “CBI sets out business priorities for Brexit”


8.7 million people set to hit the shops on Friday

Christmas shoppers will spend £894m (£865,158 per minute), on Friday alone, according to research from the Centre for Retail Research (CRR) and VoucherCodes.co.uk. Festive shopping is set to peak on the last Friday … Continue reading “8.7 million people set to hit the shops on Friday”


UK inflation reaches two-year high

The UK’s rate of inflation rose to 1.2% in the year to November 2016, compared with a 0.9% rise in the year to October, the Office for National Statistics (ONS) said on Tuesday. … Continue reading “UK inflation reaches two-year high”


UK Government sets out plans for sugar tax on soft drinks

Draft legislation published in the UK on Monday could increase the price of a can of fizzy drink by 8p. The UK Government said that the levy will apply to the production and … Continue reading “UK Government sets out plans for sugar tax on soft drinks”


UK construction activity reaches eight-month high

Construction firms in the UK have continued to rebound from a post-referendum weak patch, according to industry figures released on Friday. The Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) showed that business activity … Continue reading “UK construction activity reaches eight-month high”


Ofcom to examine landline prices

All major landline providers in the UK have increased their line rental charges significantly in recent years, according to Ofcom. The telecoms regulator announced on Thursday that it will review the retail market … Continue reading “Ofcom to examine landline prices”


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