Business and Economics
Business and Economics News
Sunak’s billionaire father-in-law is calling for a 70-hour working week
"How about giving workers good wage and security - hungry/deprived workers can't be that productive", Prem Sikka said.
Odey Asset Management to shut down after allegations against founder
Crispin Odey was ousted from the firm in June after a series of sexual assault and harassment allegations.
Bankers bonus cap scrapped in post-Brexit shake-up
The decision will remove the limit on bankers’ annual payouts from the end of October. Current rules limit bonuses to 100 per cent of the salary.
Man who’s been on sick leave for 15 years sued IBM for not giving him a pay rise
He claimed he was being discriminated against.
Inflation to fall markedly this month, says Bank of England governor
Andrew Bailey indicated inflation will return to its recent pattern of slowdowns after the ONS reported a pause at 6.7 per cent for September.
‘Call us’ – German minister sends apparent trading relations invitation to UK
A top German politician has indicated the EU might be open to looking again at post-Brexit relations, telling UK politicians to ‘call us’.
Decision to scale back HS2 will put ‘half a million more lorries on the road’
Firms say a single freight train removes the equivalent of around 129 lorries from Britain's roads.
UK economy set for weakest growth of G7 next year after downgrade – IMF
It came as bosses at the finance body said the global economy is ‘limping along’.
Odey Asset Management looks to shut down wealth business
The City watchdog said it was made aware of the firm’s plans.