Business

London employers are struggling to find the talent they need to fill job roles, new data has revealed. There was a 6.6 per cent decline in candidate applications for new roles last month as Brexit uncertainty grips the market. Although London’s job market has remained largely resilient over the past few years there is a notable sense that professionals may be feeling tentative about making their career move. Average salaries for new roles in London rose by 2.1 per cent...

Controversial Brexiteer Arron Banks has won a planning battle against residents he described as "bleeding her liberals" and "rich soft Tories". The Leave.EU campaigner is director of a development company which wants to build six luxury homes in Bath, Somerset. Construction began a year ago but was suddenly halted in December when the contractor went into administration. Arron Banks - Credit:SWNS Residents then objected to the buildings, claiming some were bigger than the plans stated and others were in the...

HM Revenue and Customs (HMRC) is urging business owners in the Greater London area to prepare now and consider three steps to ensure their businesses can continue to trade with the EU if the UK leaves the EU without a deal. The first step businesses need to take is to register for an Economic Operator and Registration Identification (EORI) number. UK businesses that have only ever traded inside the EU will not have an EORI number. In the event of...

BiFab Trade Unions Warn: Prospect of no work from renewables projects would be ‘an absolute scandal’ BiFab trade unions GMB and Unite have warned that the prospect of no work coming to Fife from two major Scottish offshore renewables projects would be ‘an absolute scandal’. The Moray East and Kincardine offshore wind farm projects have a total value of around £2.8 billion and BiFab’s new Canadian owners DF Barnes have been actively pursuing contracts from both. However, the fabrication work...

Honda is going to shut its Swindon car plant in 2022, with the loss of about 3,500 jobs. Local MP Justin Tomlinson said he had spoken to Honda, which confirmed it was consulting with "all staff". "There is not expected to be any job losses, or changes in production until 2021," Mr Tomlinson said. Des Quinn from Unite said: "The car industry in the UK over the last two decades has been the jewel in the crown for the manufacturing...

Reports say the car giant is set to announce the shutting of the plant in Swindon., Wilts, on Tuesday

Prominent Brexiteer Sir Jim Ratcliffe is to relocate to Monaco in a bid to save up to £4bn in tax, it has been reported. The Sunday Times revealed that the founder of the chemicals giant Ineos is working on a plan to avoid tax with accountancy firm PwC, which is also likely to involve senior executives Andy Currie and John Reece. The plan could deprive the Treasury of between £400 million and £4 billion in tax revenue. Speaking on the BBC1’s The Andrew Marr...

UK airline FlyBMI has suspended all operations and filed for administration amid Brexit uncertainty, it was announced this weekend. The East Midlands-based airline offered services from various UK airports and operated 17 regional jet aircraft on routes to 25 European cities, carrying over half a million passengers on 29,000 flights in 2018. The company said it had been badly affected by spikes in fuel and carbon costs and uncertainty over Brexit. A spokesperson for flybmi said: “It is with a heavy...

RBS has warned of the harm of Brexit on the UK economy, even after posting some huge profit figures. Brexit threatens RBS’s ability to clear more than £44.08 billion pounds per day in cross-border payments, if they are not granted licences to clear fees via its Frankfurt operations. The bank reported profits of £1.62bn for 2018, more than double the £752m it achieved the previous year. RBS was bailed out by the government in 2008 as the financial crisis hit...