Business and Economics

UK airlines may be forced to relocate their headquarters and sell off shares to EU nationals if they want to continue flying routes within continental Europe, the Guardian has revealed. Prominent 'Remain' campaigner Michael O'Leary warned that flights between the UK and Europe might be significantly affected if the government opts for a hard divorce, which looks to be the likely course based on recent revelations. Executives from easyJet along with the British Airways owner IAG, Ryanair and the Tui Group...

Customer service will become a thing of the past by 2020 after new data revealed that 85 per cent of customer engagement interactions will be managed without people. Talking at the Systems in the City Conference (SITCC) held at the London Stock Exchange, Microsoft's Richard Peers suggested that "automated intelligence" will overtake people allowing firms to "engage with customers in a natural way, conversationally and in context". Hmmm....  I wonder how many mobile phones have been destroyed because of automated call centres?...

Malta will benefit more than any other financial centre in Europe from Brexit, according to an international asset management group. As Paris and Frankfurt battle over “Brefugees” more companies could actually choose to move to Malta's shores because it offers significantly fewer drawbacks than its European Union counterparts. Jeremy Leach, Chief Executive Officer at MPG, said: “Malta will be the biggest beneficiary following Brexit. After London, it should be the first choice for a financial firm to establish a branch or secondary office...

The day after Theresa May announced that she would trigger Article 50, on 29th March, inflation has leapt up. Due to increasing fuel and food costs inflation is now at the highest rate since Sept 2013. Economists had expected CPI inflation of 2.1% for February, so the extra increase is cause for concern across the nation. There are fears that inflation will continue to rise as the UK prepares to cut itself off from the other EU member states. The...

Social Media Marketing is a growing trend in the ecommerce industry which promises to boost your product’s visibility in the virtual world using different social media applications. One of the many platforms proven to help business enthusiasts is Instagram. With over 600 million active users per month, marketing your brand in Instagram will surely give you a head-on in advertising your products. If you are new to online promotion and wishes to ace Instagram Marketing, we have listed down tips...

In today’s world, effective brand marketing and brand imaging are two of the many key components to creating a successful business. These practice will ensure that the business and your management of its practices will always have a positive impact within the company and with your clientele. Why is marketing so important? Without the correct and proper exposure your business or product might not be visible to the public. Having a simple but essential marketing plan is vital to your...

When we think about the lifespan of a business, we less commonly think about the end of the cycle. Nevertheless, it is a critical phase: business life spans have shortened dramatically in the last 100 years. In this rapidly changing environment, being able to recognise and bring a business's life span to an end is in fact a key business skill and not a terminal failure. ONS data tells us that in 2015 there were almost 2.7million active businesses operating...

The Office for National Statistics reveals 440% increase in number of people on zero-hours contracts since 2010. People across the UK are living in totally unstable situations, where they don't know if they will be able to pay the rent at the end of the month. No guarantee of paid work is living people on a knife edge. GMB union today commented on new data from the Office for National Statistics (ONS) showing the number of people on zero hours...

The dead money economy is worth an eye-watering £721 billion, new research has found, with a staggering amount of cash laying dormant and unused in pensions, bank accounts and ISAs. With levels of consumer spending expected to be slashed in the coming months as the reality of the falling pound hits home, the UK could be caught between a rock and a hard place with many well-off people sitting on cash they have no intention of using. Close to a...