Business and Economics

If Michael Gove is serious about taking back control he must put England’s water back in public hands, says GMB Union Shock findings show that almost three quarters of England’s water industry is currently owned from overseas. At least 71% of shares in England’s nine privatised water companies are owned by organisations from overseas including the super-rich, banks, hedge funds, foreign governments and businesses based in tax havens. The revelations showed the need to end the scandal of water privatisation...

More than a quarter of British workers say they have experienced discrimination in the workplace, research has revealed. The study found prejudice towards gender, race and age is still commonplace in UK businesses, but a youth-driven revolution could be underway to counter it. Generation Z (under 25s) are twice as likely to believe employers should do more to promote inclusion than Baby Boomers (over 55s). And they are twice as likely to question the status quo on equal opportunities too,...

Forget the marginalised revolutionaries that first captured the country’s imagination, this is about a supermarket-dominating, tap conquering, marketed to the nines mega brew.

Shadow Chancellor John McDonnell told the Labour Conference he would end the profiteering of privatised water and set up a new publicly owned water system that puts control back in the hands of the people. GMB, the union for water industry workers, has welcomed an announcement. The Union is running the campaign to Take Back the Tap and return the water industry into public hands  The campaign is supported by six pledges to water industry workers, including investment, health and safety,...

B&M staff was caught selling the weapons to teenagers as young 14 in areas of east London where knife crime is rampant

Danske Bank Chief Executive Thomas Borgen has quit after he was embroiled in a huge money-laundering scam. An investigation into the bank’s dealings discovered a potential £177bn fiddle through its Estonian operation,between 2007 and 2015. The Danish bank said many of those payments were suspicious. Mr Borgen said: "Even though the investigation conducted by the external law firm concludes that I have lived up to my legal obligations, I believe that it is best for all parties that I resign."...

By Vanessa Ganguin, founder of London immigration firm Vanessa Ganguin Immigration Law EU citizens should not be given preferential access when applying for UK visas, according to the long-awaited Migration Advisory Committee (MAC) report on the future of EEA migration. The EEA migration in the UK: Final report was commissioned by the former Home Secretary Amber Rudd in July 2017. Its remit was to provide evidence to inform the creation of a new migration system for the UK following Brexit, which will...

The IMF had a stark warning to the UK ahead of the final Brexit negotiations. They said that a no-deal Brexit would inflict “substantial costs” to the UK economy. The IMF expects Britain's economy to grow by 1.5% in both 2018 and 2019 if a broad Brexit agreement is struck. However, any Brexit would “entail costs,” but a no deal scenario would be a “significantly worse outcome.” Christine Lagarde, the IMF's managing director, told a news conference in London: "Those...

A shocking new study has discovered that over 14 million people, 4.5 million of them children, and living in poverty. The investigation also discovered that 12% of the total UK population is in “persistent” poverty, having spent all or most of the last four years below the breadline. The statistics, by Social Metrics Commission, have been gathered from a new measure to calculate social disadvantage. The commission includes experts from academia, and from organisations such as the Joseph Rowntree Foundation,...