Business

Over the last month supermarket inflation has doubled, meaning customers are having to fork out more cash to buy staples such are butter and milk. This news means that pressure on household’s spare income will be reduced even more and Brexit is partly to blame. Some will see this has another indication that the economy is starting to struggle since the decision to leave the EU, and possibly some Leave voters might be feeling Bregret. The inflation growth indicates that...

AN AWARD-WINNING entrepreneur is looking to help others ‘Be Bold For Change’ this International Women’s Day (8 March 2017) by offering free mentoring to women wanting to start a new businesses. Julie Chen, the Director of The Cheeky Panda explains. International Women's Day (March 8) is a global day celebrating the social, economic, cultural and political achievements of women. The day also marks a call to action for accelerating gender equality and the theme this year is ‘Be Bold For...

Last week, the inevitable happened. The latest figures released by the Office of National Statistics showed that net migration to the UK now stands at 273,000 for the year to September, a massive drop of almost 50,000 from the previous year. In truth, these results should surprise no one. Given the result of the Brexit vote, the endless negative migration headlines in the press and the increasing levels of xenophobia, it’s fair to say that the UK isn’t exactly rolling...

A record number of people in the UK are on zero hours contracts, which are very controversial as they offer no guarantee of work, leading to income instability. These contracts are widely used by retailers, restaurants, leisure companies and hotels. These worrying figures follow on form a report we covered yesterday that over 5 million children will suffer child poverty by 2022 as households face a squeeze on wages. Now the number of workers who are on zero hours contracts...

German tabloid BILD’s Leipzig sent its thanks to Britain after news broke that BMW may move production of a new electric Mini to Germany. The paper ran with the headline "thank you Brexit" on Tuesday as BMW refused to deny claims it was considering a move as uncertainty mounts for British manufacturers who export to Europe. A so-called ‘hard Brexit’ could see additional tariffs levied on goods made in the UK but sold in the EU. Last year, 38 percent of the...

British Airways has held off Apple, Microsoft and PayPal to be crowned the top business superbrand of 2017. Despite successive strikes making the headlines and unpredictable poll results disrupting the economy BA was ranked top in a survey of marketing experts and thousands of British business professionals. The airline outperformed nearly 1,500 others in the sixteenth annual poll, with Apple retaining second spot and, in its strongest performance since 2011, US tech giant Microsoft moving up to third. Fellow US tech giants, PayPal...

The world's oldest McDonald's based in a 12 century medieval building will serve its last Big Mac tomorrow as its closes for the last time. The restaurant branch, which opened in 1982, features wooden balconies, stained glass windows as well as exposed stone walls. The historic McDonald's, on Pride Hill, Shrewsbury, will shut for good as the fast food giant believes the ancient building "isn't suitable to meet their future plans". With parts of the structure dating back to the 1100s...

Psychopaths make the best bosses, according to a new study, but only if they have the 'benign' form of the condition. They are normally seen as cold, manipulative, thrill seekers without any remorse - and all at other's expense. But there is a good side which leads to "top professional performance" in the right individuals - even helping doctors in an emergency. A study of employees found there is a toxic and benign form of psychopathy - and the latter makes...

The Brexit exodus is threatening to derail the British economy as vital industries struggle to fill vacancies. Net migration fell to its lowest level in three years according to the latest statistics, driven by a sharp increase in the number of eastern Europeans leaving in the wake of Brexit. Figures from the Office for National Statistics have been welcomed by the Tories and will appease the many voters who voted for Brexit because of the levels of immigration. But they come...