Business

The rest of the world will move on with or without us. The stupidity of Brexit gives them a laugh, just as we laughed at the Greeks a few years ago. The World will change. What will those changes mean for UK entrepreneurs? Tax Changes VAT is dead, long live BAT. We might be headed out of European VAT, but you can bet the life of your first-born that HM Government will replace VAT with a similar tax on purchases,...

Private healthcare, an extra day’s holiday on their birthday and free gym membership are among the perks Brits want from employers, according to a study. Researchers polled 2,000 office workers to identify the benefits they would like to see from their place of work – including flexible working hours, a nice desk and staff discounts. Other desirables include company holidays away, being able to make personal calls at work and having space to be creative. However more than half of...

What have the Conservatives got against the UK shipbuilding industry, asks GMB? GMB, the union for shipbuilding workers, says the Conservative Government must not be allowed to downgrade the Royal Navy any more by ‘sneaking’ out of their obligation to build three Royal Navy Auxiliary vessels. The Ministry of Defence today announced it may only commission two new Fleet Solid Support ships – rather than the three that were expected. The new ships are required to replenish the UK’s £6.3 billion...

MPs have slammed the senior levels of management at Carillion for its untimely demise. Carillion’s auditor KPMG, was also heavily criticised, with MPs claiming they were “complicit” in the company’s “questionable” accounting practices. A hugely damning report, that runs to 100 pages, has been compiled by two select committees on the matter. One of the most shocking findings is that Carillion’s directors focused on bonus pay-outs to senior executives even as the firm teetered on the brink of collapse. Additionally...

Arriving late, wearing inappropriate clothes - and bumping a colleague’s vehicle in the car park are among the biggest blunders made by employees on their first day at work, a study has found. A poll of almost 3,000 workers revealed almost half have made a bad first impression after having a terrible or humiliating start to a new job. Others arrived to find they were completely over-dressed, spilled tea everywhere, got lost en-route to the office and said something inappropriate...

As the date to leave the EU comes ever closer another company is jumping ship before Brexit actually begins. This time it is Thomson Reuters who have said they will shift their foreign exchange derivatives trading to Ireland. The outfit will relocate to Dublin so they can continue to do business within the EU. There are fears of a mass exodus of companies, especially in financial services, in the run up to Brexit. A spokesperson said: “Thomson Reuters has commenced...

Almost one third of UK employees would NOT feel comfortable talking to their manager about mental health problems for fear of being judged, a study found. Researchers who carried out a detailed study found in excess of nine million workers would ‘dread’ discussing their mental wellbeing with their superior. According to the data one fifth fear they would be ostracised, while another 36 per cent think confiding in their boss would hamper their career. And 71 per cent STILL consider...

Sainsbury's boss Mike Coupe was caught singing to himself between TV interviews, regarding the merger of Sainsbury's and ASDA. He sang: "We're in the money while sipping on a coffee from Cafe Nero. Sainsbury’s and Walmart-owned Asda have agreed terms for a merger worth some £12bn. He later apologised for the 'unfortunate choice of song' At least 75 ASDA stores could close in merger with Sainsbury’s, according to new analysis. The recently-announced merger will create Britain’s biggest supermarket chain, but...

At least 75 ASDA stores could close in merger with Sainsbury’s, according to new analysis. The recently-announced merger will create Britain's biggest supermarket chain, but regulators could be looking to see how many Asda stores are in close proximity to Sainsbury’s before giving it the go-ahead. Early research has revealed that while almost half Asda stores had a Sainsbury’s in the same postal district (the first half of the postcode, known as the ‘outcode’), many of these were Sainsbury’s Local stores,...