Credit Suisse survey reveals collapse in confidence among UK firms
Business confidence in the UK has ?collapsed? in the wake of the EU referendum, according to a survey by Credit Suisse. The bank found that corporate sentiment in the UK…
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Brexit will hit UK jobs, IoD survey finds
Leaving the European Union will lead to job losses in UK businesses, according to a survey released today by the Institute of Directors (IoD). The organisation?s snap business reaction survey…
Business groups call for stability after UK votes to leave EU
Business groups have stressed the need for stability after the UK voted to leave the European Union. Share prices and the value of the pound plunged as the markets responded…
Business leaders sign letter backing Remain
More than 1,200 business leaders in the UK have signed a letter supporting the UK?s continued membership of the European Union. The letter to the Times states that British businesses…
Cheaper air fares contribute to fall in UK inflation
The UK's official statistical organisation, the Office for National Statistics (ONS), released its latest Consumer Price Inflation statistical bulletin on Tuesday, which shows inflation in the UK dropped to 0.3% in April this year. Consumer…
Eurozone recovery gathers pace
Economic recovery in the eurozone is outpacing both the UK and US economies with the single-currency bloc growing by 0.4% between January and March this year, it was reported on Friday. This…
Northern Powerhouse life sciences firms annually contribute £10.8 billion to the UK economy
UK Trade & Investment, Life Sciences Minister George Freeman MP and UKTI Life Sciences Organisation (LSO), which works to bring high quality inward investment into the UK, announced the publication of a report on…
New Royal Bank of Scotland £5 and £10 polymer notes to feature two female Scottish writers
The Royal Bank of Scotland revealed on Monday that its new GBP5 polymer notes will feature Scottish novelist and poet Nan Shepherd, while the new GBP10 notes will feature Scottish science writer and polymath Mary Somerville.…
New National Living Wage results in pay rise for over one million low-paid UK workers
HM Treasury declared on Friday that the new compulsory National Living Wage (NLW) of at least GBP7.20 per hour, for workers aged 25 and above, is effective as of 1 April 2016. Chancellor…
LSE and Deutsche Boerse revisit merger plans to create £21bn exchange giant
Merger terms have been agreed between two exchange companies, the London Stock Exchange Group (LSE) and Deutsche Boerse, to create one of the largest exchange companies globally, with a combined…
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