Business and Economics
Business and Economics News
IFS warn austerity ‘baked in’ a Tory manifesto with ‘notable’ lack of social care funding
In a dire warning the IFS added: “even in 2023–24 day-to-day spending on public services outside of health would still be almost 15 per cent lower in real terms that it was at the start of the 2010s."
Corbyn issues tax warning to multinational companies
"Amazon is owned by one of the richest people on the planet but it refuses to treat its workers with dignity and respect", he said.
Debunking the myth that Tories are better than Labour with the economy
Contrary to widespread perceptions, the economy performs no worse under Labour than under the Tories—by some measures it does much better.
Nearly 6,000 retail stores closed in 2019
Retailers have already closed 5,834 shops in 2019, up 77 per cent on the whole of last year.
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.