Business and Economics
Business and Economics News
Tui to leave London Stock Exchange in favour of Frankfurt
The move deals another heavy blow to London’s languishing stock markets.
Sunlit uplands latest: Brexit shrinks UK economy by 5%, with worst still to come
Britain has “significantly underperformed” compared with the EU and US since the vote to leave in June 2016, Goldman Sachs claims.
‘I’m not sure’: Laura Trott challenged over misleading government debt claims
“This is really basic… I’m amazed that you don’t know that debt is rising.”
Rachel Reeves defends decision to allow unlimited bonuses for bankers
The shadow chancellor said she had heard the calls from company bosses to end the ‘chopping and changing’ seen under the Government.
Shadow chancellor rules out reinstating cap on bankers’ bonuses
The decision has faced a backlash for rewarding bankers and failing to address cost-of-living concerns affecting households across the UK.
IMF downgrades UK growth forecast and blasts Govt’s ‘unrealistic’ spending plans
The body’s chief economist said: ‘We would advise against further discretionary tax cuts as envisioned and discussed now.’
Tim Martin bemoans high staffing costs for weighing heavy on hospitality industry
The pub chain has revealed a jump in sales despite the boss warning about costs.
Woolworths ‘set to return’ to UK high street after 15 years
It would be one heck of a come back!
Owner of Tata Steel rakes in £3bn profit as it axes 3,000 jobs due to ‘financial reasons’
The UK government has handed the company a £500 million subsidy to help pay for the new electric arc furnace at the site.