Labour wants to move some functions of the Bank of England to Birmingham
A report commissioned by shadow chancellor John McDonnell recommends moving large parts of the Bank of England to Birmingham, Britain’s second largest city.
The report...
Businesses want more clarity about Brexit transition period
Businesses across the UK are asking for more clarity regarding what they can expect during the Brexit transition.
The CBI said on Friday that “concrete...
OECD pensions report says countries need more older people in work
A new pensions report suggests that countries will need to encourage more employment of older people to ensure that pension systems can provide adequate...
General Electric announces 12,000 job cuts to save $1 billion next year
General Electric (GE) announced that it is cutting 12,000 jobs at its global power business to help save $1 billion next year.
The decision to...
Apples agrees to pay Ireland 13 billion euros ($15.4 billion) in back taxes
Apple has agreed to pay Ireland 13 billion euros ($15.4 billion) in back taxes.
The money will be paid into an escrow account beginning early...
UK economy forecast to grow at a rate of 1.5% in both 2017 and...
The UK economy is forecast to grow at a “tepid” rate over the next couple of years, according to a recent analysis by the...
UK manufacturing activity grew at fastest pace in four years in November
UK manufacturing activity grew in November at its fastest pace in over four years, according to a survey on Friday.
Manufacturing involves converting raw materials...
Shell UK reveals gender pay gap of 22%
Shell UK revealed that male staff working for the company earn 22% more than women on average.
The oil giant said that the pay gap...
Time Inc being acquired by Meredith in $2.8bn deal backed by Koch brothers
Time Inc is going to be acquired by Iowa-based Meredith Corporation for a sum of $2.8bn (£2.1bn) in an all-cash deal backed by conservative...
Small island countries need more resilient transport
Small island countries could greatly reduce their vulnerability to natural disasters and climate change by making transport more resilient.
This was the key message from...