Business and Economics

British Overseas Territories are playing a huge role in laundering dirty money from Russia, analysis of figures from the IMF and Russian Central Banks has revealed. The amount of money held by Russians in the UK is dwarfed by the amount held in the British Overseas Territories, which include some of the world’s most significant tax havens. The Global Witness report, Missing the Bigger Picture, is released as politicians have called for a crackdown on criminal and corrupt cash from Russia...

Polling shows the public expect a recession within the next 2 years GMB, Britain’s general union, has called on the Government to 'get it's act together' as ONS figures released this morning showed GDP struggling at just 0.1% growth in the first quarter of 2018. Recent polling by Survation on behalf of GMB shows more than half of those questioned expect the UK to slip into recession within the next two years. John McDonnell, the shadow chancellor, said: “The truth...

Today’s scandalous figures are more proof Theresa May’s Government has completely and utterly failed to tackle insecure work GMB union has criticised the Government after new figures released today showed the number of zero hours contracts creeping up to 2 million. Data from the Office for National Statistics (ONS) this morning show the number of zero hours contracts estimated to be in circulation in the economy rose to 1.8 million in November 2017 - up from 1.7 million a year...

The shocking findings, from a survey of 2,000 UK adults, revealed 43 per cent are short of the cash they need to pay the bills an average of seven months each year.

Shipyards in Germany, Italy, the Netherlands, Poland, South Korea and Spain now eyeing up critical defence contract, GMB investigation reveals GMB, the union for shipbuilding workers, today said in the aftermath of the blue passports fiasco, Ministers must reverse their decision to put a crucial £1 billion order for three new military support ships out to non-UK bidders. New Fleet Solid Support ships are needed to service the UK’s £6.3 billion Queen Elizabeth-class aircraft carriers and their strikeforce of new...

Do you have what it takes to start up a new business? - Try our quiz below. These top 20 challenges that a study of 500 entrepreneurs found were the toughest to conquer for a new business. Nearly one-fifth of those polled said they worked a minimum of 13-hours every day in their first year of setting up their business, with seven per cent slaving away for 16 hours or more every day. One entrepreneur confessed the hardest thing about...

  Britain’s biggest car manufacturer, employing 40,000 people in the UK is set to lose 1,000 temporary contracts. The job losses according to reports are due to cuts in production at Jaguar Land Rover’s Solihull and Castle Bromwich plants in the Midlands, where Range Rovers and the Land Rover Discovery SUV are built. The jobs of 1,000 agency workers will be hit. The carmaker now owned by Indian Tata Motors is set to make an announcement to staff on Monday...

American President Donald Trump has recently posted several tweets that outline his concerns about the Amazon business model. The concerns have led to more news concerning Amazon and the parcel delivery company UPS, who, it has been revealed, have been feuding about Amazons use of the United States Postal Service (USPS) for the past few years. Trump’s first tweet read “I have stated my concerns with Amazon long before the Election,” and this tweet was shortly followed by, “Unlike others,...

While there are many things that he we still don't know about Brexit, we can be sure that it remains a cause of great economic and social uncertainty. It is particularly concerning for businesses that operate cross border, as the nature of the relationship that the UK and the EU ultimately enter into will have a significant bearing on commercial costs, recruitment and the supply chain into individual businesses. In this post, we'll explore this in further detail, and ask...