Business and Economics
Business and Economics News
P&O Ferries boss admits paying workers £4.87 per hour
Peter Hebblethwaite also admitted earning £508,000 last year including bonuses.
Rachel Reeves accuses Government of ‘gaslighting’ voters over economy
The shadow chancellor is set to draw battle lines over the economy ahead of the election.
Coutts prepares to de-bank Britain
"This is a large transfer of assets from the UK to global funds, which reinforces the inexorable trend of outflows from the UK."
UK manufacturing sector shrinks again as firms impacted by shipment delays
The influential S&P Global/CIPS UK manufacturing PMI survey dropped to 49.1 in April, having hit a 20-month high of 50.3 in the previous month.
New stats show why Britain has a major wealth problem
Between 2000 and 2019, dividend payments grew 5.5 times faster than employee compensation on average each year.
‘We have become the laughingstock of Europe’: Industry chief blasts UK border strategy
“The Government has single handily created the world’s most inefficient and expensive border,” Nigel Jenney has said.
Goldman Sachs leaves ‘skeleton team’ in London as it relocates top brass to Europe
Goldman joins a number of financial firms to have relocated dealmaking teams from London to continental European cities.
FTSE 100 hits all-time high – just months after cap on bankers’ bonuses is scrapped
The cap on bankers' bonuses was removed to make the UK look more attractive post-Brexit, but it doesn't seem to be working.
Council-owned port boosts city’s coffers to the tune of £8 million
The profits will support much-needed local services for residents and helps to continue its march to becoming the greenest port in Europe.