Business and Economics

It's a wonderful milestone for a company when it reaches the point where it can expand into overseas operations. The term "multinational" is used to describe these firms, and the title of being a multinational corporation is one of distinction. A company that has become so successful as to have the opportunity to do business on other continents is held in the highest regard by everyone from stockholders to customers. Of course, it takes more than a terrific sales volume...

Employee morale is important for creating a positive work environment. High employee morale includes having a good attitude, feeling confident and satisfied. It is important for productivity levels in the workplace. Although as an employer you can’t decide whether your staff members have good morale, you can take action to influence it. Reward Hard Work Everyone likes their efforts to be noticed and it is even better if they are rewarded. Consider offering incentives like days out for employees who...

The Government must look after ordinarily working people as growth lowest for four years. GMB union has called for urgent action on the cost of living crisis as retail sales growth slumped to its lowest level for four years. Figures from the ONS this morning show that the annual retail sales growth rate was the lowest since April 2013. Non-food stores were the main contributing factors to this slowdown with an annual fall of 1.2% and predominantly food stores saw...

The average pay has dropped by 0.4 per cent, new figures have a revealed - a day after news broke that inflation has shot up to 2.9 per cent. Even taking into account bonuses real average weekly earning, taking account of inflation, decreased by 0.4 per cent and by 0.6 per cent excluding bonuses. Today’s figures are the first time average earnings, including bonuses, have gone into decline since 2014. GMB says the squeeze in pay and living standards is more evidence the...

Conservative’s flawed economic plan exposed once more as average pay drops even including bonuses GMB says the UK desperately needs a pay rise as average real terms wages drop once again. Even taking into account bonuses real average weekly earning, taking account of inflation, decreased by 0.4% according to today’s figures – and by 0.6% excluding bonuses. Today’s figures are the first time average earnings, including bonuses, have gone into decline since 2014. Just yesterday ONS figures showed inflation has...

Uncertainty was the theme in the latest Global Economy Watch from accountants PWC. Almost a third of business leaders say they expect at least one crisis within the next three years, and uncertain economic growth is perceived to be the biggest threat to business. Uncertainty over Brexit could dampen business investment and push up household savings rates, further dampening consumer spending growth. A hung parliament following the UK election could also add to business uncertainty. Barret Kupelian, senior economist at...

The news of the deployment of a THAAD missile defence system in South Korea is creating tension and conflict in the region. Despite ongoing concerns, the United States works with the country to get the system operational as a security measure against unpredictable North Korea, China is lashing out in protest over the issue. To voice its disagreement, China is taking aim at South Korea’s economy at several different ways that could have disastrous consequences for the country. As South...

While the so-called 'Bank of Mum and Dad' is well-known concept, it is one that has become increasingly relevant since the great recession. Incredibly, parents are now thought to fund more than a quarter of house purchases in the UK market, as rising inflation and real wage growth continues to hinder first-time buyers. In financial terms, the Bank of Mum and Dad has become the equivalent of the ninth-largest mortgage lender in Britain, ahead of even prominent establishments like the...

Advertising your business is important to expand and increase popularity. However it can be costly and time consuming. We look at how to advertise correctly and address who the audience is to reach out to. Advertisements are all around us, from websites to television to even on cars. It’s essential to publish your brand and not be afraid to start displaying them. However, with that being said there is one major thing before you start, and that is; it can...