Standard Chartered cutting 1,000 senior staff in an effort to reduce costs
Standard Chartered plans on cutting 1,000 senior staff in an effort to reduce costs, according to a recent memo sent to employees.
The news was...
World economy reaches a fork with promising or dire consequences
We appear to have reached a fork in the road, as far as the global economy is concerned. If we follow one route the...
Major economies close in on multinationals regarding tax
Once again, the world’s major economies have signed up to a package of measures which they say will make it much harder for multinationals...
In Campaign to keep Britain in EU to be headed by ex-M&S boss
Ex-Executive Chairman of Marks & Spencer and current Chairman of online grocer Ocado, Stuart Rose (Lord Rose), a Tory peer, is to head the...
M&S plans on sending surplus food to charities across the UK
Marks & Spencer (M&S) announced that it plans on distributing thousands of tonnes of surplus food to charities across the UK.
The company says that 150...
UK construction output fell 4.3% in August
According to the Office for National Statistics (ONS), construction output in the UK fell 4.3% in August - the biggest drop since 2012.
In the...
UK is not immune to global economic risks, warns Osborne
Chancellor George Osborne warned on Friday that global economic risks are rising and the UK will not be immune, adding that recovery will slow...
Brexit movement Vote Leave recruits millionaires across the political spectrum
Vote Leave is the name of the new cross-party Brexit (Britain exiting the EU) campaign. It has the financial backing of several millionaires who...
Glencore cutting zinc production by 500,000 tonnes
Mining giant Glencore announced on Friday that it plans on reducing zinc production by 500,000 tonnes.
A total of 1,540 jobs will be affected.
The...
Two solar energy firms go bust in the UK, over 1,000 jobs lost
Two major solar panel installers have gone into administration over the past two days in the UK.
More than 1,000 jobs are expected to be...