Business and Economics

Business and Economics News

If the UK became cashless what would happen?

Looking into the consequences of a cashless society online cartridge retailer, Cartridge Save have been speaking to people in the UK to find out how they would feel if we became cashless. The study, part of their research into how people in the UK have adapted to new technologies,looked at what technologies people have adopted in the UK and if they are ready to move into the future. They found that many people are happy to adapt to contactless technology, however...

Google’s Going Mobile First – What Does it Mean for You?

We don’t need to rehash the general importance of mobile. The overwhelming majority of brands are now acutely aware of the very real need to ensure their digital experiences cater to customers on desktops, tablets and mobiles alike. Of course, not everyone executes mobile particularly well and there’s a notable amount of room for improvement on even some of the biggest brand web offerings. But we’re seeing things getting gradually better for users regardless of device. We’ve seen a lot...

It’s Flop Friday For High Street Shops

Warning of shopper fatigue looks to have materialised this year as the Black Friday rush flops on the high street. Fences were erected outside many shops to avoid the chaos that broke out over the past few years, but they stood empty at the start of trading as most shoppers decide to stay at home to bag the best deals. Online spending on Black Friday is expected to reach £1 billion, up 16 per cent on last year, while it...

Winners and Losers of the Chancellor’s Autumn Statement

We are in an era of massive step change. In our politics, in our health and life expectancy, in our working habits, in our living arrangements, in our climate, in our communications, in our security, in the way we do business, in everything. Almost. It is clear there is one area where there is no change: our ability to respond to it effectively when it comes to the Autumn Statement. Yet again we get tinkering dressed up as major policy...

UK $1.5 Trillion Poorer Since Voting to Leave the EU

The UK is $1.5 trillion poorer since voting to leave the European Union, according to a Credit Suisse study. Since the referendum in June the pound has weakened 16 per cent against the dollar, with plenty more misery to come according to recent reports. Brexit Secretary David Davis recently met with the European Parliament's chief negotiator Guy Verhofstadt to start proceedings, although it is understood he faced stern opposition. After senior German politician Manfred Weber met Davis in Strasbourg on Tuesday he...

Vaccinations in the Workplace: Can They Save Your Business Money? 

Vaccinations in the Workplace: Can They Save Your Business Money? Every kind of business in every sector relies on its employees to either offer customers and clients a reliable service and/or generate revenues. But, these valuable employees, especially those in high-risk occupations, are all vulnerable to illnesses which take them out of the workplace. There are strong moral and social arguments that place responsibility on employers to protect personnel from common illnesses like flu, or any international diseases such as...

Businesses in Richmond Upon Thames subsidise Heathrow Airport Tax Cut

Following the recent confirmation of the expansion to Heathrow Airport, and subsequently Zac Goldsmith’s resignation, it is unsurprising that rising property taxes were the topic of conversation as Nick Clegg and Liberal Democrat candidate Sarah Olney recently met with Richmond High Street business owners. Whilst businesses in Richmond upon Thames face a staggering £70m increase in business rates over the next 5 years, Heathrow Airport, the issue at the centre of the current by-election, in comparison received a tax cut...

Employment At Highest Level Since Records Began

The employment rate is at the highest level since records began in 1971, according to ONS data. There were just 1.6 million unemployed people from July to September 2016, 37,000 fewer than for April to June 2016 and 146,000 fewer than for a year earlier. However, the number economically inactive people increased, with 8.89 million people aged from 16 to 64 not working and not seeking or available to work, 49,000 more than for April to June 2016. ONS Statistician David Freeman said...

How long before your business accept payments in bitcoin?

For many businesses, talking about bitcoin is like talking in a foreign language. With adoption levels currently quite low, most business people know little or nothing about it. As a consequence, apart from early adopters, most businesses are avoiding it as an unnecessary inconvenience. But what if your next great contract is a customer who wanted to pay you in bitcoin? Would you know what to do? Is Bitcoin a secure method of payment? We asked payment specialist Helen Child...

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