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UK pharmaceutical jobs at threat due to crossfire of “ideology & incompetence” over Brexit

After giant AstraZeneca said it will keep its freeze on investments in Britain if Brexit fails to give enough clarity on future trading relations, the Government has been accused of  ‘ideology and incompetence’ putting the industry at risk. AstraZeneca Chairman Leif Johansson reportedly told France’s Le Monde newspaper the company would keep its freeze on manufacturing investments without clarity on future trading relations. GMB, the union for workers at AstraZeneca has warned the Government’s mishandling of Brexit talks is putting...

Households left to pick up tab for shareholder payouts that plunged private water companies into debt

English and Welsh households are paying £53 each a year to service the debts of private water companies that were accumulated after they doled out ridiculously high dividends to shareholders, a London School of Economics report has revealed. Payments on £1.2 billion worth of debt have landed directly on the laps of households according to a study by Karol Yearwood of the LSE. The main beneficiaries of the borrowing policy were shareholders, which received payouts far in excess of any...

Investors’ investment decisions negatively affected by Government’s Brexit failings

As David Davis urges ministers to rebel against the Government's Brexit deal in a defining week of the negotiations with the EU, IW Capital reveals investor sentiment towards the leaving process with less than six months to go until the UK leaves the European Union. Key stats include: Three in ten - 8.7 million - said that securing a good deal with the EU was crucial to them continuing to invest into UK SMEs. 12.6 million – 43% - feel that...

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