Business and Economics

The warning came after four gangsters were jailed for 15 years after tricking Chinese students into giving them access to their bank accounts.

Workers who are offered the option of flexible working are benefitting UK business, taking less leave and working at increased levels of productivity, according to research. A study compared the productivity of 1,500 workers who set their own hours or working location against 500 who are not doing so. Flexible workers said they felt they worked effectively for more of a typical working day than those working a traditional ‘nine-to-five’. However, three-quarters of flexi workers say they’d be reluctant to...

It is that time of year again, how much are rail passengers going to be ripped off next year. Well it is going to be a hike of 3.1 per cent in the New Year. After another year of chaos on the railways (and the weather hasn't even gone bad yet) this will anger, well pretty much everyone, apart from shareholders in these rail companies. The rise, is lower than the 3.4% average rise for fares in 2018 (not really...

Ending the free movement of labour from Europe could create a major shortage of workers, especially in South-East England, according to a new study on the impact of Brexit. Researchers also found existing employment rights are likely to remain “more or less intact” after Brexit, as many UK laws exceed the minimum standards required by EU employment directives, while leaving the EU is unlikely to have a large impact on UK employment policy or collective representation by trade unions. Both...

Nearly nine in 10 Brits aren't working in their 'dream job'. A study of 2,000 employees found 85 per cent are working in a position which isn't ideal for them. And nearly two-thirds don’t think they will ever land their 'dream job'. Millennials are the most optimistic generation, as 64 per cent of 18-35s think they will be in the perfect role in an average of six years from now. Despite four in five saying they enjoy their current role,...

Three quarters of UK automotive businesses fear a ‘no-deal’ Brexit will threaten their future viability, according to a new member survey announced by the Society of Motor Manufacturers and Traders (SMMT) at its 102nd annual dinner in London this evening. The results highlight the critical need for a Brexit withdrawal deal and transition to prevent the industry falling off the cliff-edge on March 29 when the UK leaves its largest and closest trading partner, the EU. 74.1% of companies with UK...

The near future of the global economy looks "extremely bleak," according to state of the art statistical analysis of the influential S&P 500 stock market index by nuclear scientists

Minister for Small Business, Consumers and Corporate Responsibility Kelly Tolhurst MP contacted Sweet Pea & Olive owner Linda Driver to offer her help and support at her high street shop on Small Business Saturday this weekend.

The Government has accepted the LPC's recommendations for future minimum wage rates. The rates below will apply from 1 April 2019. Responding to today’s Low Pay Commission report on wages, Young Women’s Trust chief executive Dr Carole Easton OBE said:“The Government should go further than adopting the Low Pay Commission’s recommendations and extend the ‘national living wage’ to all workers. Allowing employers to pay young people lower wages for no other reason than their age, as the Government is doing,...