Business and Economics
Business and Economics News
‘The numbers are obscene’: Bankers pocket biggest bonuses since 2008
"We've had a run on champagne - the poshest champagne", one bartender at a City pub said.
UK financial derivatives will be cut off from the EU, a bloc official confirmed
Mairead McGuinness confirmed non-EU, UK-based companies will no longer be able to carry out their activities from the bloc from June 2025, in a further blow to British financial services.
Meta’s threats to leave EU with Facebook and Instagram branded a ‘four-act comedy’
MEP Axel Voss said the company “cannot just blackmail the EU into giving up its data protection standards.”
UK no longer in Germany’s top 5 largest trade partners as imports slide 8.5%
Trade with fellow European Union members, conversely, picked up by 16.8 per cent.
MPs and business leaders slam David Frost’s EU claims
The former Brexit secretary tried to blame the EU for disappointing trade data - but it quickly backfired.
Sunak’s top aide: Northeners should ‘accept lower wages’ to compete with South
The north is a "less desirable location for business" and "suffers from a less attractive skills mix than London", says the government who wants to 'level up'.
Good luck, Jacob! PAC concludes Brexit has increased business costs and ‘suppressed’ trade
Parliament's watchdog concluded that the "only detectable" impact of Brexit so far is "increased costs, paperwork and border delays".
The worst of rising food prices is ‘yet to come’, supermarket boss warns
It comes amid the cost of living crisis, which will result from surging energy prices and increased national insurance contributions in April.
Freeport tax breaks could let Russia launder money in UK post-Brexit, Lib Dems warn
The Lib Dems have urged Boris Johnson’s government to close a loophole which peers fear would let illegal cash from Russia and other parts of the world into the UK.