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The latest local and national UK and International news.

Amazon public service contract “a joke”

If Amazon really wanted to help our public services, they'd pay taxes properly and treat their workforce better says GMB Union GMB, Britain’s general union, has branded Amazon’s £600million public sector deal ‘a joke’ The internet giant has secured a contract to sell everything from paper clips to bandages to Yorkshire’s schools, social care providers and emergency services. Amazon signed the five-year deal with Yorkshire Purchasing Organisation (YPO), a procurement body owned by local authorities which helps to drive the...

BoE’s interest rate hike is ‘premature & unnecessary’ & could be ‘motivated to protect reputations’

The Bank of England’s interest rate hike has been slammed as “premature” by the CEO of one of the world’s largest independent financial advisory organisations, who added the rate decision could be “motivated to protect reputations.” Nigel Green, founder and chief executive of deVere Group, is speaking out after the governor of the UK’s central bank, Mark Carney, announced today (Thursday) a rate rise from 0.5 per cent to 0.75 per cent, taking the UK's base rate of interest to...

Pharmaceutical company is stockpiling drugs in preparation for hard Brexit

A French drugs company has increased it stock to give it a 14 week buffer in the case of a hard Brexit. The company, Sanofi, is increasing various product lines, including insulin. The concern is that if the UK can’t reach a deal with the UK there could be transportation issues by land and air. Hugo Fry, managing director, Sanofi UK said: "The uncertainty in the Brexit negotiations means that Sanofi has been planning for a 'no deal' scenario." He...

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