Business and Economics
Business and Economics News
Boris woos big business with tax cuts after admitting “you didn’t want Brexit”
The announcement comes as the number of manufacturing firms entering insolvency reached a five-year high.
Weakest UK growth in a decade worrying economic indictment for Tories
GDP data reveals Britain’s annual economic performance is the weakest since 2010 when it was emerging from a global financial crisis.
Chinese take over set to buy British Steel out of liquidation and save 4,000 jobs
Industrial giant Jingye is set to buy British Steel out of liquidation with a £70 million bid.
620,000 manufacturing jobs have been lost since financial crisis
“This has not happened by chance. There are thousands of jobs that could be created in sustainable energy and renewables, but this government have failed to invest and let our contracts go overseas.”
Sensitive company data at risk from office errors
A poll of 2,000 working adults found three in 10 admit to being slack with personal or sensitive company information in the office.
Corbyn urged to cut tax for the wealthy amid fears of an exodus
“If Mr Corbyn is serious about having the better-off pay more tax, they should cut rates further and allow them to become wealthier", the deVere Group CEO said.
Brexit’s ‘catastrophic’ £34m bill for Scotland’s fishing sector revealed
Andrew Charles, co-chair of the Scottish Seafood Association, said additional paperwork and charges would cost exporters £160 per sale.
Esther Duflo becomes second woman to win Nobel prize in economics for “experimental approach to alleviating poverty”
She said: “Showing that it is possible for a woman to succeed and be recognised for success I hope is going to inspire many, many other women to continue working and many other men to give them the respect that they deserve like every single human being.”
EU backs German government’s move to keep Thomas Cook subsidiary flying
The approach is in stark contrast to the plight of 9,000 UK staff of Thomas Cook, Britain’s oldest travel agent, many of whom have talked of resorting to food banks.