Starbucks raising UK minimum wage to £7.20 an hour
Starbucks announced that it will be raising the minimum wage for its employees in the UK to 7.20 pounds ($10.92) an hour in April...
North Sea cod removed from UK danger list
The UK Marine Conservation Society's (MCS) has removed North Sea cod off its list of fish to avoid eating.
Strict catch controls were introduced in...
George Osborne praised in China for focusing on business relations
Chancellor George Osborne is being praised in China for not focusing on human rights in his visit to Xinjiang. Instead, he has strictly focused on improving...
President Xi wants to strengthen China-US business relations
Chinese President Xi Jinping said that he will do what it takes to strengthen the business relations between China and the US.
Xi told 30 corporate leaders...
London overtakes New York as the world’s financial centre
London is the world’s financial centre, according to a recent survey of industry professionals.
The city overtook New York in terms of business environment, quality...
UK public sector borrowing rose to £12.1 billion in August
The global economic slowdown has hit the UK economy. According to the ONS, public sector net borrowing was £12.1 billion in August - about...
Osborne wants to link UK and Chinese stock markets
Chancellor George Osborne wants to forge a “golden relationship” between the UK and China.
Part of this effort involves linking British stock markets with those...
Zurich’s £5.6 billion pound takeover of RSA has collapsed
Zurich’s £5.6 billion takeover of rival insurance company RSA has collapsed.
The decision to pull out was made after the Swiss company disclosed a £177...
UK was far less productive than other G7 nations in 2014
The UK was much less productive in 2014 compared to other G7 nations.
According to official data released on Friday, the UK lagged behind its...
Osborne confident in Chinese economy, calls for stronger UK-China relations
George Osborne delivered a speech on Sunday highlighting his confidence in the Chinese economy and desire for the UK to forge a better relationship with...