Business

LGBT tourists splash out an estimated £160bn annually on foreign holidays, but many choose to steer well clear of countries where homosexuality is still criminalised.

These type of quality, well paid and skilled jobs will not be easily replaced - it will have a devastating impact on workers but also the economy says GMB union GMB, the union for manufacturing workers, has criticised the Government following the news of 1000s of Rolls Royce job losses. The engineering giant is to cut 4,600 jobs over the next two years as part of a major reorganisation. Today,  Secretary of State for business Greg Clark faces an urgent...

If the UK presses on with plans to leave the customs union, post-Brexit, large swathes of the car industry will face extinction, claims the president of the CBI. This news follows Jaguar Land Rover's recent statement that it is to move all production of its Discovery from the UK to Slovakia in a move that could lead to hundreds of job losses. The chief of the CBI, Paul Dreschler told BBC Radio 4’s Today programme there was “zero evidence” that...

Pro-Brexit budget pub chain Wetherspoons is taking a stand against EU based alcoholic drinks From July 9 880 Wetherpoons outlets will ditch German wheat beers and Champagne in favour of UK and non-EU drinks. I’ve never personally bought Champagne in Wetherspoons and probably never will now as Moët & Chandon champagne is being swapped with sparkling wines from the UK and Australia. Brexit believer and Wetherspoon chairman Tim Martin, said: "This move helps us to broaden our horizons so that...

Wage growth excluding bonuses, an important measure for the Bank of England, slipped to 2.8 per cent, down from 2.9 per cent previously. The TUC's General Secretary, Frances O'Grady, said: "Wage growth is stuck in the slow lane. At this rate pay packets won't recover to their pre-recession levels for years. "We need to speed things up. Extending collective bargaining would boost living standards and help workers get a fairer share of the wealth they create." Suren Thiru head of economics...

Britain's biggest carmaker, which is owned by India's Tata Motors, said production will be transferred early next year.

The Concrete Network (TCN) is the UK’s largest independent concrete supply network, and after its strong start, the company has been working hard to bolster itself and build towards an even stronger future. Developing the network After moving to their new offices on 21st April 2018 and expanding to 20 members members of staff - TCN hit its stride and gained over 130+ independent Network Partners. It is the close relationship between TCN and these partners which allows The Concrete...

Between Trump wanting to slap tariffs on our steel and the UK Government refusing to be in a European customs union, UK manufacturing risks being stranded. The sharpest fall in UK manufacturing output since 2012 offers more worrying news about the state of the UK economy. The drop is in April was the highest in almost six years, with a 1.4 per cent fall in factory production marking the third consecutive monthly fall. The April dip was the steepest fall...

With three weeks to go until crunch Brexit talks in Brussels, and the Conservative Government accused of spending more time negotiating with itself than the EU, the freight industry warned that Britain was heading towards a road block scenario – quite literally. Theresa May’s disunited Brexit team were accused of “playing chicken with crucial parts of the British economy.” The UK’s leading logistics trade body warned that it had lost confidence in the Government’s ability to deliver a ‘frictionless’ Brexit...