Business

Los Angeles has been named as the top global city in the third publication of the Schroders Global Cities 30 index, narrowly beating London which took second place. US mega-cities dominated the latest index taking 18 of the top 30 places, including four of the top five spots. Los Angeles jumped from sixth place to first, whilst Boston saw one of the biggest leaps in the index going from 24th place to third place. Chicago jumped from 10th place to...

Grim retail figures have been released ahead of the one year anniversary of the European Union (EU) referendum. From 2016-2017, UK consumers, on a daily average, made 3,923,336 purchases online, but that number plummeted on key Brexit dates. The day referendum results were announced 1,642,100 purchases were made in the UK - a drop of 58 per cent against the daily average. The recent General Election also saw a significant dip and the day Article 50 was triggered saw levels stoop...

It's a wonderful milestone for a company when it reaches the point where it can expand into overseas operations. The term "multinational" is used to describe these firms, and the title of being a multinational corporation is one of distinction. A company that has become so successful as to have the opportunity to do business on other continents is held in the highest regard by everyone from stockholders to customers. Of course, it takes more than a terrific sales volume...

Employee morale is important for creating a positive work environment. High employee morale includes having a good attitude, feeling confident and satisfied. It is important for productivity levels in the workplace. Although as an employer you can’t decide whether your staff members have good morale, you can take action to influence it. Reward Hard Work Everyone likes their efforts to be noticed and it is even better if they are rewarded. Consider offering incentives like days out for employees who...

Advertising your business is important to expand and increase popularity. However it can be costly and time consuming. We look at how to advertise correctly and address who the audience is to reach out to. Advertisements are all around us, from websites to television to even on cars. It’s essential to publish your brand and not be afraid to start displaying them. However, with that being said there is one major thing before you start, and that is; it can...

The UK has haemorrhaged more than 600,000 manufacturing jobs in the past decade, a new study by GMB has shown. The figures, which are being discussed at GMB’s annual Congress in Plymouth today, show that 619,000 jobs in the sector disappeared from 2006 to 2016, a massive fall of 17 per cent. Between them the lost jobs have meant that £11.3 billion less has been paid in manufacturing wages in real-terms. In 2006 the UK supported 3.5 million permanent and temporary...

Whatever sort of business you run it is important that you present yourself appropriately to the public. Getting the uniform your staff wear right is a crucial part of this, especially in a public facing industry like the hospitality sector. Simon Jersey explain the important elements to keep in mind when bringing together the perfect uniform for hospitality staff and what they can accomplish for your business. Present the right image Getting your uniform right starts with understanding the sort...

At its core, business continuity is all about ensuring that your business is able to keep functioning at as close to full capacity as possible in the event of a major disaster. In order to make sure you’re sufficiently prepared for such an occurrence, you need to have a comprehensive plan in place. FSB take you through some business continuity essentials for your business. Preparation is key Let’s say, for example, that a fire has happened at your business. It...

A shocking new poll has revealed up to a third of the British workforce are in precarious employment. GMB, the union for gig economy workers, has revealed shocking statistics at that shows up to ten million people are currently in insecure work. The research, unveiled at the union’s 100th annual congress in Plymouth today, shows up to one in three of the workforce are now in precarious employment – defined as those in the gig economy, on zero or short...