Business NEWS

The UK government intends to develop an industrial strategy that is tailored to individual regions.

Business secretary Greg Clark told business leaders at the annual Institute of Directors convention in London on Tuesday that successful industrial strategies are “rooted in the local” and recognise that every region is … Continue reading “The UK government intends to develop an industrial strategy that is tailored to individual regions.”


Optimism falling in UK financial sector

Sentiment in the UK’s financial services sector is continuing to fall as firms face the challenges of the country leaving the European Union, it was reported on Monday. More than half of all … Continue reading “Optimism falling in UK financial sector”


Co-op Group profit falls after investment, pay rises and price cuts

Profit has fallen at the Co-op Group as it continues to invest in a three-year turnaround of the business. The Co-op reported on Friday that its profit before tax for the first six … Continue reading “Co-op Group profit falls after investment, pay rises and price cuts”


Brexit vote has had ‘no major effect’ on UK economy

The UK’s vote to leave the European Union has had little impact on the country’s economy so far, according to a new assessment by the Office for National Statistics (ONS). Some surveys carried … Continue reading “Brexit vote has had ‘no major effect’ on UK economy”


Consumers raise a glass to celebrate Britain’s sporting success

Britain’s supermarkets have seen alcohol sales rise as shoppers celebrated the country’s success at the Olympic and Paralympic Games. Market research firm Kantar Worldpanel on Tuesday released its latest figures for the grocery … Continue reading “Consumers raise a glass to celebrate Britain’s sporting success”


Survey shows drop in UK business confidence

Business confidence in the UK has fallen as the country faces an uncertain economic outlook and a slowdown in demand. A new survey by Lloyds Bank shows that confidence among small and medium … Continue reading “Survey shows drop in UK business confidence”


Record bonuses paid to UK employees — but are they fair?

New figures show that UK firms paid a record £44.3bn in bonuses in the last financial year, an increase of 4.4% from the previous year. Bonus payouts have surpassed the previous record set … Continue reading “Record bonuses paid to UK employees — but are they fair?”


UK faces post-Brexit skills crisis, construction bodies warn

A coalition of professional bodies warned on Wednesday that the UK’s skills crisis in the construction sector could get much worse if the Government does not take steps to ensure access to a … Continue reading “UK faces post-Brexit skills crisis, construction bodies warn”


UK jobs market ‘skating on thin ice’, survey suggests

The UK jobs market is ‘skating on thin ice’ according to a new report from recruitment agency Manpower. Its latest survey shows that the EU referendum result has done little to dampen employers … Continue reading “UK jobs market ‘skating on thin ice’, survey suggests”


Can Technology Combat the Cost of Living Increase?

The cost of living in the UK is constantly rising just as it is everywhere in the world, but is it always the case that everything around now costs more? In April 2016 … Continue reading “Can Technology Combat the Cost of Living Increase?”


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