Business

high street uk

UK high street spending dropped in August, leisure spending increased

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High street spending in the UK dropped in August as consumers took a break from shopping amid hot weather, opting to eat and drink...
2016-02_City_of_London

Morgan Stanley and Credit Suisse no longer forecast a UK recession this year

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Following the UK’s vote to leave the European Union most big banks in the City of London severely cut growth forecasts, with most expecting...
prolonged Brexit uncertainty

Prolonged Brexit uncertainty may prompt Lloyd’s to move some operations out of London

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Prolonged Brexit uncertainty and the continuing lack of clarity surrounding the UK's departure from the EU may prompt the famous global insurance company Lloyd's...
shopping

UK shop prices dropped 2% year-on-year in August

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UK shop prices fell 2% year-on-year in August, compared with a 1.6% year-on-year fall in July, according to British Retail Consortium (BRC). The fall in...
replace corporation tax

Replace corporation tax with tax on shareholder earnings urges think tank

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The UK government should replace corporation tax with a system that taxes income distributed to shareholders, says a right-wing think tank in a new...
Japanese Investment in Europe

Japanese companies will leave UK unless EU free trade deal is signed

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Japanese companies with their European headquarters located in the UK have warned that they will relocate to an EU member state if Britain does...
Sausage stalls Starbucks Amazon tax bills

Sausage stalls pay more tax than Starbucks and Amazon

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Austrian sausage stalls pay more tax than Starbucks, Amazon and other multinational corporations, said Christian Kern, who is Chancellor of Austria and chairman of...
marksandspencerlogo

UK high street chain Marks & Spencer reportedly cutting 500 jobs

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UK retail chain Marks & Spencer is reportedly going to cut 500 jobs at its head office, according to a Sky News report. Sky said...
London Stock Exchange

UK FTSE 100 rose 2.2% on Friday after disappointing US jobs data

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The FTSE 100 Index rose 2.2% on Friday after US employment data failed to meet expectations, causing the dollar to drop - boosting prospects...
renewable energy solar panels

Thousands of UK churches switch to renewable energy

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Over 3,500 Christian churches across the UK have or are planning to switch their electricity supply to renewable energy. The announcement by an alliance of...