Business and Economics
Business and Economics News
Coronavirus will help Amazon to eat up the rest of the market
As high street retailers announce redundancies, Amazon says it needs to hire 100,000 people in the US to keep up with demand.
Another £84 billion wiped off FTSE as index slumps 6%
The leading index has seen close to £470 billion wiped off in less than three weeks.
UK GDP shows 0.0% growth in three months to January
The figures do not take into account the major impact the the coronavirus might have on the British economy.
Today is first day the average woman begins to get paid in 2020
Women work an average of 63 unpaid days as a result of the gender pay gap.
Capitalism in need of rethink, Bank of England chief economist says
Andy Haldane also said there were now greater incidents of ‘in-work poverty’ compared to out-of-work poverty due to ‘less secure’ employment.
Steelmaking to return to Redcar following major deal, says mayor
The South Tees Development Corporation has reached a deal to acquire a major site which can now be cleaned up.
Brexit pushes growing number of businesses to Netherlands
Since the 2016 referendum on Britain leaving the European Union, 140 businesses have established a presence in the Netherlands.
Ministers refuse to release secret Brexit studies – and there’s a good reason why
Paul Blomfield, Labour’s Brexit spokesperson, has called for the reports to be released immediately.
Brexit uncertainty still affecting exporters, study suggests
Key indicators for export orders and sales in manufacturing and services declined sharply in 2019, says BCC.