Business and Economics
Business and Economics News
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.
‘One in five chance’ of Chancellor meeting growth target, think tank warns
Niesr is forecasting UK growth of around 1.5 per cent this year compared to the Chancellor's aim of 2.7 per cent.
Firms still struggling to recruit skilled workers, study suggests
Training has got to be at the heart of next month’s Budget, says Chambers of Commerce.
Pound plummets as Johnson clashes with EU over what he signed before Brexit negotiations even begin
Traders are concerned the significant differences between Boris Johnson and the Political Declaration he signed with the Withdrawal Agreement from the EU could lead to a no-deal Brexit, and that lack of alignment with the European market will spell disaster for the UK economy.
Warning UK science endangered post-Brexit without EU collaboration
The UK received £1.52 billion of European Research Council income, more than any other country and a fifth of the total