Business and Economics

According to the Tradie Rich List 2017, plumbing is the highest paid tradie in Australia, 2017. The list, which was published on 27th of October 2017, presents hourly rates as charged per industry and location, and is based on more than 50,000 price quotes submitted to the price-comparison site ServiceSeeking.com.au. Plumbers in Victoria top the list with 91,2 Australian dollars per hour, which corresponds to 53,5 British pounds per hour, or 60,4 Euros per hour. Plumbing may not be the sexiest profession...

Shanker Singham an acclaimed financial analyst wrote an op-ed for The Times in which he extolled the virtues of a Brexit vis-à-vis the UK’s trading possibilities with the rest of the world. The rising problems associated with regulation in the global economy are having far-reaching implications on trading activity. The Brexit referendum on June 23, 2016 did not precipitate the decline in global economic activity – it was a symptom of it. The global financial crisis of 2008/2009 was associated...

No one in Britain voted for their jobs, public and health services, employment and environmental protections to be sold down the river to the lowest bidder, says union GMB, the UK’s general union, says claims Brexit means 'taking back control' have been exposed as a myth by the Government’s new trade white paper. Liam Fox’s paper, released on the eve of the next round of Brexit talks which begin tomorrow, exposes the Conservative’s obsession with deregulation and failed neoliberal proposals...

The office can sometimes seem like the last place you want to be. Especially when the weather is nice or if it’s already been a long week. But there’s also a feeling of accomplishment that can be garnered from a productive day’s work that can overcome any of that angst. The key is to find ways to improve productivity so that you can walk out the office at the end of every day. Complete with that high from knowing you...

Fears of Britain's exit from the EU is introducing a worrying investment setback as companies and investors keep stalling on investment plans so as not to be caught up in the uncertainty that continues to loom over the economy since the referendum, studies have revealed. Firms, manufacturers, and both domestic and international investors are either pulling back or pressing the pause button on already laid out investment plans. Some businesses are holding back on planning at all until the uncertainties...

Even in an uncertain economic climate brought on by the Brexit tumult, it seems like it’s a good time to own a small business in the UK. With statistics showing how much the region relies upon and caters to small and medium-sized businesses, it seems clear that it is a boom time for budding entrepreneurs. And it doesn’t show any signs of letting up anytime soon. That doesn’t mean that it’s an easy undertaking to fire up a business from...

A damning study has today revealed one in five Brits are now trapped in working poverty as inflation continues to outpace wage growth. Ahead of Living Wage week (6-12 November), KPMG’s annual Living Wage report reveals 21 per cent of people in the UK are still earning below the real Living Wage, meaning that an estimated 5.5 million employees are struggling to get out of in-work poverty. Around 59 percent of those earning below the real Living Wage indicated a sharp...

The Bank of England has raised interest rates today for the first time in more than ten years. The official bank rate has been lifted from 0.25 per cent to 0.5 per cent, the first increase since July 2007. Almost four million households face higher mortgage interest payments after the rise, raising concerns as families struggle to battle rising inflation and stagnant wages. Of the 8.1 million households with a mortgage, 3.7 million, or 46 per cent, are on either...

As we all know Brexit has not happened yet, however the UK economy already appears to be straining under the uncertainty of our withdrawal from the EU. Food prices are rising, property prices in London are falling, sterling has dropped against other currencies and large sections banking sector appears to be planning to shift operations to Frankfurt. Now the National Institute of Economic and Social Research (Niesr) have said that as sterling has plummeted since the vote back in June...