Business

Almost one third of UK employees would NOT feel comfortable talking to their manager about mental health problems for fear of being judged, a study found. Researchers who carried out a detailed study found in excess of nine million workers would ‘dread’ discussing their mental wellbeing with their superior. According to the data one fifth fear they would be ostracised, while another 36 per cent think confiding in their boss would hamper their career. And 71 per cent STILL consider...

Sainsbury's boss Mike Coupe was caught singing to himself between TV interviews, regarding the merger of Sainsbury's and ASDA. He sang: "We're in the money while sipping on a coffee from Cafe Nero. Sainsbury’s and Walmart-owned Asda have agreed terms for a merger worth some £12bn. He later apologised for the 'unfortunate choice of song' At least 75 ASDA stores could close in merger with Sainsbury’s, according to new analysis. The recently-announced merger will create Britain’s biggest supermarket chain, but...

At least 75 ASDA stores could close in merger with Sainsbury’s, according to new analysis. The recently-announced merger will create Britain's biggest supermarket chain, but regulators could be looking to see how many Asda stores are in close proximity to Sainsbury’s before giving it the go-ahead. Early research has revealed that while almost half Asda stores had a Sainsbury’s in the same postal district (the first half of the postcode, known as the ‘outcode’), many of these were Sainsbury’s Local stores,...

Sainsbury's has confirmed plans to merge with Asda, which is currently owned by US supermarket giant Walmart. The supermarkets said that grocery prices would fall in both chains as a result of the merger. The ASDA head offices in Leeds West Yorks., as the Wal-Mart company announces a merger deal with rival Sainsburys, April 30 2018. Sainsbury's chief executive Mike Coupe said the deal would lead to no store closures and no job losses in stores. The combination of the...

British Overseas Territories are playing a huge role in laundering dirty money from Russia, analysis of figures from the IMF and Russian Central Banks has revealed. The amount of money held by Russians in the UK is dwarfed by the amount held in the British Overseas Territories, which include some of the world’s most significant tax havens. The Global Witness report, Missing the Bigger Picture, is released as politicians have called for a crackdown on criminal and corrupt cash from Russia...

Do you have what it takes to start up a new business? - Try our quiz below. These top 20 challenges that a study of 500 entrepreneurs found were the toughest to conquer for a new business. Nearly one-fifth of those polled said they worked a minimum of 13-hours every day in their first year of setting up their business, with seven per cent slaving away for 16 hours or more every day. One entrepreneur confessed the hardest thing about...

  Britain’s biggest car manufacturer, employing 40,000 people in the UK is set to lose 1,000 temporary contracts. The job losses according to reports are due to cuts in production at Jaguar Land Rover’s Solihull and Castle Bromwich plants in the Midlands, where Range Rovers and the Land Rover Discovery SUV are built. The jobs of 1,000 agency workers will be hit. The carmaker now owned by Indian Tata Motors is set to make an announcement to staff on Monday...

American President Donald Trump has recently posted several tweets that outline his concerns about the Amazon business model. The concerns have led to more news concerning Amazon and the parcel delivery company UPS, who, it has been revealed, have been feuding about Amazons use of the United States Postal Service (USPS) for the past few years. Trump’s first tweet read “I have stated my concerns with Amazon long before the Election,” and this tweet was shortly followed by, “Unlike others,...

While there are many things that he we still don't know about Brexit, we can be sure that it remains a cause of great economic and social uncertainty. It is particularly concerning for businesses that operate cross border, as the nature of the relationship that the UK and the EU ultimately enter into will have a significant bearing on commercial costs, recruitment and the supply chain into individual businesses. In this post, we'll explore this in further detail, and ask...