Business and Economics
Business and Economics News
UK suffering from ‘catastrophic’ impact of Brexit – Asda chairman
The full consequences of the UK’s exit have been “clouded” by the Covid crisis, war in Ukraine and global slowdown, he said.
World Cup boozing helps stave off recession
Analysts had predicted that the economy would shrink by 0.3 per cent for the month.
Elon Musk has lost so much money Guinness World Records has recognised it as ‘largest personal loss in history’
His total losses far surpass the previous record of $58.6 billion, set by Japanese tech investor Masayoshi Son in 2000.
Third of UK firms experiencing worker shortages – ONS
More than two-thirds of companies also said they need to reduce staff costs.
UK will endure ‘longest and deepest recession’ due to policy mistakes
"The UK suffers from an energy shock as bad as Europe's, an inflation problem as bad as the US and a unique problem of labour supply."
BBC’s ‘scorecard on Brexit’ struggles to find any upsides
Low growth, high inflation, soaring business costs and squeezed productivity cushioned by.... cheese.
Businesses say Brexit has ‘cracked Britain’s economic foundations’
“The UK chose Brexit in a referendum, but the government then chose a particularly hard form of Brexit, which maximized the economic cost."
Majority of UK firms find trading with EU difficult post-Brexit
The results showed that 44 per cent of firms surveyed also faced difficulties in getting visas for staff post-Brexit.
‘We do not recognise this analysis’: Treasury responds to dismal Brexit data
"We are taking full advantage of the opportunities of Brexit"....