Business and Economics

Structural changes in the industry, weak confidence in the UK, slower demand overseas, and Brexit-related issues were blamed for a fall in production.

The lending company collapsed in 2018.

Immigration system report urges Government avoid 'past mistakes.’ The MAC hasn’t recommended a full Australian-style points-based system as the government has trailed, but a mix- more flexible salary thresholds for those with a job-offer and a points-based system for those coming to the UK without a job:

London suffered a 19 percentage point decline as just over one-third of executives said they would choose the UK’s capital.

A further 1,200 posts are under threat at Beales and Hawkin’s Bazaar, which both went bust in January. Boris Johnson vowed before the December election that a Conservative government will extend the retail discount on business rates to 50 per cent in England, for those properties with a rateable value less than £51,000.

The threat of US tariffs imposed against the United Kingdom is concerning set against the backdrop of Brexit negotiations.

Britain’s budget deficit is expected to rise this year, warns the Office for National Statistics.

The US Treasury Secretary has highlighted the prospect of retaliatory trade tariffs if the UK presses ahead with taxing US tech giants.

The move is in line with its strategy to continue to serve its European clients seamlessly from the continent's major cities, including Frankfurt, Luxembourg and Dublin.