Business and Economics
Business and Economics News
Eye-watering amount corporate tax abuse costs UK is revealed
“It is a glaringly obvious case of corporate greed and those in power should be doing more to cut down on the amount of wiggle room these businesses are able to find when everyday families are struggling to survive.”
‘Ticking timebomb’: 500,000 small businesses may go bust ‘within weeks’
Small firms are facing a "ticking time bomb" without further support, industry chiefs warned.
Fast fashion retailer Misguided ‘on brink of collapse’ – reports
According to reports, one unpaid supplier had to ask his wife and mum to sell their jewellery to pay wages.
‘Brexit was a significant mistake’ – chair of NatWest says
Sir Howard Davies said he is "quite pessimistic" about what the future has in store for the UK.
Turkey doesn’t vote for Xmas: Oil and gas industries reject call for windfall tax
Starmer urged Mr Johnson to make an “inevitable U-turn” on imposing a windfall tax on oil and gas producers.
Royal Mail announces huge profits…then signals price hikes as it cuts costs to cope with inflation
"Royal Mail record an operating profit of £758 million & immediately announce plans to hike their prices. Do you see how it works?"
Traders have shorted the pound to the tune of £5 billion – here’s why
“It’s just a reflection of the building pessimism amongst investors over the outlook for the UK economy."
McDonald’s to leave Russia as Greenpeace blocks tanker carrying Putin’s diesel to UK
"Putin invaded Ukraine nearly three months ago, and yet fossil fuel money from the UK is still funding his war chest," said Greenpeace.
‘Sometimes, reality bites’: Brexit has worsened the cost of living crisis
Stagflation reflects the "realities that Brexit has wrought", economist Adam Posen said.