Business and Economics

Almost one third of UK employees would NOT feel comfortable talking to their manager about mental health problems for fear of being judged, a study found. Researchers who carried out a detailed study found in excess of nine million workers would ‘dread’ discussing their mental wellbeing with their superior. According to the data one fifth fear they would be ostracised, while another 36 per cent think confiding in their boss would hamper their career. And 71 per cent STILL consider...

The Labour leader Jeremy Corbyn has called for all Navy vessels to be built in the UK. There has been speculation that a £1bn contract for three new Royal Fleet Auxiliary support ships could go to a foreign shipyard. The Ministry of Defence contract is expected to go out to international tender later this month. Visiting Glasgow, the Labour leader said building the ships somewhere in the UK could secure more than 6,500 jobs - 1,800 of these in shipyards....

Over the last decade, the Maltese economy has gone from strength-to-strength. Although the country has less than half a million residents, the Maltese economy has gone from pillar-to-post and it is staggering how well the country has developed across several key industries. Today, the Maltese economy is heavily reliant on foreign trade and investment, manufacturing (particularly pharmaceuticals and electronics), and tourism. Given that Malta sits just below Italy, it is a prime location in the Mediterranean and it attracts millions...

A pioneering new citizens’ wealth fund in the UK could provide a universal annual cash dividend and eventually a weekly basic income, a new report has claimed. According to research by City, University of London and the Friends Provident Foundation the UK government should create a citizens’- owned investment fund to pay for an annual cash payment to everyone in the country. The report says the fund would be a powerful new anti-inequality instrument, allowing a dividend of £430 per person after...

Sainsbury's boss Mike Coupe was caught singing to himself between TV interviews, regarding the merger of Sainsbury's and ASDA. He sang: "We're in the money while sipping on a coffee from Cafe Nero. Sainsbury’s and Walmart-owned Asda have agreed terms for a merger worth some £12bn. He later apologised for the 'unfortunate choice of song' At least 75 ASDA stores could close in merger with Sainsbury’s, according to new analysis. The recently-announced merger will create Britain’s biggest supermarket chain, but...

Oxford University study each robot performs the roles of 3.6 workers.

At least 75 ASDA stores could close in merger with Sainsbury’s, according to new analysis. The recently-announced merger will create Britain's biggest supermarket chain, but regulators could be looking to see how many Asda stores are in close proximity to Sainsbury’s before giving it the go-ahead. Early research has revealed that while almost half Asda stores had a Sainsbury’s in the same postal district (the first half of the postcode, known as the ‘outcode’), many of these were Sainsbury’s Local stores,...

Sainsbury's has confirmed plans to merge with Asda, which is currently owned by US supermarket giant Walmart. The supermarkets said that grocery prices would fall in both chains as a result of the merger. The ASDA head offices in Leeds West Yorks., as the Wal-Mart company announces a merger deal with rival Sainsburys, April 30 2018. Sainsbury's chief executive Mike Coupe said the deal would lead to no store closures and no job losses in stores. The combination of the...

Robert Peston has described a £300 billion negative swing in foreign investment as "jaw-dropping" after new figures revealed FDI has dropped off a cliff since the Brexit vote. Global FDI flows reached their lowest level since 2013 in the fourth quarter of 2017, according to OECD figures. Inflows to the OECD area decreased by 37 per cent, largely driven by decreases in the United Kingdom and the United States from high levels in 2016. Outflows from the OECD area decreased...