Business

A new survey has revealed that energy professionals who work or live within the EU (i.e professionals working in overseas energy jobs) don’t want the UK to leave, but it’s close. A sample of energy sector workers in overseas energy jobs took part in the EU referendum survey. The results of the poll indicated that 47.3 per cent want the UK to remain part of Europe, while 43.2 per cent want Britain to withdraw from the rest of the member states....

In just three days we'll know the outcome of the EU referendum. As it fast approaches and the vote looks like it will hang in the balance, research from the energy jobs sector has come up with some surprising results. The survey attempted to delve into what energy professionals really thought about the future of the EU and where they want to be on June 24th. The results of the survey, conducted by EnergyJobline.com, a global energy jobs board for energy and...

Activist investors are relatively new but very influential players in international capital markets. They are shareholders at publicly traded companies who attempt to affect change in an organization either by directly appealing to, or putting heavy pressure on, the company’s board of directors, bypassing the normal advisory process. The scope of activist investors’ actions varies depending on their assertiveness and on what exactly they seek to change at a given company. The firms that activists target tend to underperform relative to...

ONE of the UK’s premium hotel and bar operators based in the North East has successfully refinanced £101m with the help of HSBC, in a deal supported by Mincoffs Solicitors LLP. Cairn Group, a privately owned business, will use £50m of the total pot for acquisition and development to strengthen its portfolio, which already includes 26 hotels and more than 30 bars and restaurants as well as care homes across the UK. The news follows the latest acquisitions of the...

By Joe Mellor, Deputy Editor Under fire Sports Direct owner Mike Ashley will now compensate workers after admitting his company failed to pay the minimum wage to his workers. Union chiefs have said their was a “culture of fear” at the warehouse and ambulances have been called over a hundred times, sparking health and safety fears for their employees. Now Ashley has said he has come to an arrangement with HM Revenue & Customs to give compensation to warehouse employees...

Richmond upon Thames and Bexley have both been ranked in the top five "survival" boroughs for start-up businesses, according to new data. The riverside boroughs join the City, Sutton and Hackney on the top five list, with a 71.9 per cent survival rate. The City of London came top with only ten per cent of start-ups failing and a huge 76.4 per cent surviving. But Jeremy Corbyn's borough of Islington didn't fare as well. It topped a list of the...

Almost a third of businesses founded in the UK in the last five years were in response to redundancy or long-term unemployment, according to new research. The financial crisis has shown that Brits are rather resilient folk, with many people bouncing back by staring adversity in the face and starting up on their own. With massive rises in childcare costs since 2010, starting a business is becoming a popular way out of in-work poverty for squeezed parents. And ‘grey entrepreneurs’ are also...

People born in the decade following the World War will be the final generation to enjoy financial security unless action is taken, according to Synaptic research. Thanks to financial ignorance, today’s UK consumers face a future where financial security and well-being are under real threat. Relative salaries have increased since the 1940’s yet every generation after has spent more and saved less, reducing their financial security. Those currently aged 35 and under will be most impacted by today’s expensive housing, lack of...

This year might finally be the time to take the plunge. So many of us have the seed of an idea for a business yet hold off from following the dream. If you want to cast aside your doubts and go for it then beginning from your own four walls is an attractive option. About 60 per cent of people starting a new business choose to do so from home, benefitting from the connections that modern technology gives us and...