Business leaders object to proposed crackdown on foreign workers
Business groups reacted angrily this week to reports of a crackdown on foreign workers in the UK. Home Secretary Amber Rudd told the Conservative Party conference that a tightening of…
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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…
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…
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).…
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…
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…
BCC cuts UK growth forecasts, responds to Liam Fox comments
The British Chambers of Commerce (BCC) has lowered its growth forecast for UK GDP but said it expects the country to avoid a recession. In its first economic forecast since…
Government urged not to ‘backslide’ on National Living Wage
The UK government should stick to its policy on the ?National Living Wage? (NLW), a think-tank said on Wednesday. The Resolution Foundation warned that limiting planned increases to the hourly…
Women ask for pay rises as often as men but have less success
New research dispels the theory that women get paid less than men because they are not sufficiently pushy in the workplace. The study Do Women Ask? found that women ask…
Consumer confidence rebounds as Brexit shock subsides
Confidence among UK consumers increased by five points in August, with all five measures used to calculate the index score rising from July. Market research firm GfK reported on Wednesday…
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