Business

The revolving door between Government and big business is a well-trodden path, which shows no signs of abating. Now former Brexit Secretary, David Davis, will trouser a colossal £3,000 an hour as an advisor to JCB. The firm ploughs million into the Conservative Party. It total Davis will be paid £60k for 20 hours work per annum. He will receive £50 a minute for his work. Davis said he had complied with the rules concerning former ministers' employment. He resigned from...

Political uncertainty, the fall in the value of the pound and the crisis on the high street have all taken a toll on Europe's biggest toy market

As the possibility of a No deal Brexit continues the impact of this potential scenario is being calculated. The CBI (Confederation of Business Industry) have illustrated the long-term economic decline the North East would disproportionally suffer under a No Deal situation, compared to the rest of the UK. The study has calculated that the annual loss of output in this region would be worth £7billion by 2034, in an area of the country that is already one of the poorest...

Working people should not be made to pay the price for Conservative political failures says GMB Union amid the sluggish GDP figures today. Economic growth slowed to just 0.3% in the three months to November - the lowest for six months. Meanwhile manufacturing growth has fallen five months in a row now  - the first time this has happened since the global financial crash a decade ago. GMB says this is further proof we are on the wrong economic path. ...

Jagaur Land Rover is feeling the squeeze and is about to slash 5,000 jobs due to a decline in diesel sales in Europe and Chinese sales. However, Brexit could cause the company even worse trouble claims the Business Secretary, Greg Clark. Clark believes that a No Deal Brexit would do “extra damage” to the car maker just as it is going through a troubling period. Thousands of jobs are reported to be cut, mainly in management, marketing and administrative roles,...

As if you weren’t feeling rubbish enough after going back to work, the news that top bosses have already made more than the average salary for the year already, is unlikely to fill you with joy..Unless of course you are a CEO. Chief executives of FTSE 100 firms have average pay packets £3.9 million, around £1,000 per hour and are now paid 133 times more than the average worker. So when the clock strikes 1pm they have made the money most...

UK companies in the manufacturing and service sector have indicated that they are struggling to recruit skilled staff because of uncertainty around Britain's future with the European Union.  Brexit has been blamed as 81 per cent of manufacturers and 70 per cent of service sector firms report difficulties recruiting the right skilled staff for their organisations. At the same time they are being hit with rising costs and a reduction in sales. This perfect storm could send many businesses to...

There has been widespread public outcry after a shipping contract was handed out to a company, with no ships or experience of running a shipping line, in no Brexit deal scenario.  Transport Secretary Chris Grayling claimed it was fine to hand out the £13million contract because "it's a new start-up business" He said it was "no problem" despite Seaborne Freight being expected to run emergency ferries if there's no deal over Brexit and would be running essential services to keep...

Brits take an average of FOUR days to get 'back in the saddle' after the holiday period, according to a survey. A study of 2,000 adults shows the majority of us won’t start functioning properly until almost a full working week has passed. Re-adjusting to early mornings, the mountain of work which has piled up over the festive break and having to deal with challenging clients all take their toll in early January. Others find it hard to get in...