Business and Economics

Business and Economics News

Is Philip Hammond v Theresa May a battle about Brexit realities?

  By Barry Jotter Philip Hammond's statement that the global trade deals promised by Theresa May after Brexit will make little difference to the British economy is the smoking gun of pragmatism. ‘Much of our trade with the world is service trade, where free trade agreements won’t make any particular difference,’ said the Chancellor. What this statement means is that of the 14.6% of the UK economy that is based on production, very little is of it is exported outside...

How to improve warehouse efficiency

If your business depends on products being delivered to customers in perfect condition and on time every time, then the warehousing component of your supply chain management is one that you cannot afford to ignore. Even if you think your warehousing processes are up to scratch, innovations in process management and technology can make a remarkable difference in quality and efficiency. This means better output at lower cost, an equation that sounds attractive whichever way you look at it. Let's...

Frankfurt “confident” of poaching Britain’s €930 billion clearing industry after Brexit

Germany's financial centre Frankfurt is "confident" of poaching London's  €930 billion clearing industry after Brexit. Hubertus Väth, managing director of Frankfurt Main Finance, which lobbies for its financial centre, told Business Insider he was confident the EBA, Europe's banking authority, would move to Frankfurt, and confident in the arguments for bringing Euro clearing to the city if it does move from London. He said: "We are confident about it. I cannot say it will be the likely decision of such a...

Waning support for further education is going to damage the businesses of tomorrow

Robert Halfon, the former Apprenticeships and Skills Minister, was unceremoniously sacked by prime minister Theresa May just after the June General Election. Halfon had one or two things to say about the prime minister which we won’t repeat here, but which we highly recommend you go and read. While the low profile of the position means most people don’t know who the Apprenticeships and Skills Minister is, Halfon’s sacking may be significant. He was a huge supporter of further education...

Creating The Most Productive Office Design

You want to create an office space that ticks many boxes – stylish, appropriate for the work you do - but, above all, you want it to be a productive place. There are many factors that affect how productive your staff team is on any given day but there is no doubt that the environment in which they work is a major contributing factor. Office design is more than ‘where to put the desks?’. It is about ensuring there is...

6 Quick Ways To Make Your Small Business Look More Professional

When mаking a рurсhаѕing dесiѕiоn аll clients likе to get 'реrѕоnаl ѕеrviсе'. They likе tо feel thаt thеу are buуing frоm a buѕinеѕѕ with a strong brand аnd оnе thаt is gоing tо bе аrоund fоr a while to make them feel safe, just in case if thеу nееd further assistance оr perhaps tо purchase additional goods аnd ѕеrviсеѕ. A lot of small buѕinеѕѕеѕ аrе grеаt with thе реrѕоnаl ѕеrviсе аѕресt, hоwеvеr, they may be missing оut оn ѕаlеѕ due...

Steady as she Goes: The Economic Fallout of Brexit a Year on

A year ago the world — and especially Europe — was reeling from the unforeseen results of the Brexit referendum: the then prime minister, David Cameron, was one of the first victims with his resignation coming on the morning of the referendum results. Sterling was another one. In the wake of the unexpected results, the pound had fallen to a 31-year low (before rallying slightly) and seemed to herald in the financial apocalypse of which the Remainers had warned. The...

Almost 2.5 million children hit by cruel public sector pay cap, says research

More than one million households with children suffering under ‘cruel’ Government pay pinch Shocking new figures from GMB, the union for public sector workers, show almost 2.5 million children are being hit by the public sector pay cap. Analysis of the latest ONS figures show an estimated 2.4 million children live in 1.4 million households where at least one adult works in the public sector as their main job. The average full time public sector workers in the UK has...

£176 billion Nestle could keep Blue Riband in UK for £1 million

New research has revealed £176 billion company Nestle could keep production of the Blue Riband in the UK for just £1 million. Nestle announced it was going to move production of the iconic chocolate biscuit to Poland in April. Some 300 jobs in Yorkshire, the North East and Scotland are jeopardy despite the biscuit been primarily consumed by the UK market – meaning it will have to be exported BACK into this country if production moves to Eastern Europe. GMB is...

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