Business

As an island just off the coast of mainland Europe it is hardly surprising that UK trade with the EU is huge and access the single market encourages this level of commerce. Now the UK is about to invoke article 50 and leave the EU, a thinktank has investigated the level of trade British cities have with the single market. The findings indicate that our urban areas conduct a huge amount of business with our EU partners, however they will...

When it comes to running a business, ensuring that you’re not wasting unnecessary money is always a concern for any business owner. After all, it could make the difference between profit and loss - or a successful business and a failure. Instead of cutting down on other areas of your monthly expenditure to reduce your business’ outgoings, review what you’re already spending and try and negotiate a better price. One of the easiest way to save money in your business...

Microsoft founder Bill Gates is on coarse to becoming the world's first trillionaire and could hit the milestone within the next 25 years, a new report has found. The study has predicted Gates’ future wealth using the average rate of growth of his investments, which have been growing by 11 per cent since 2009. At this rate, Gates, who is currently number one on Forbes’ list of wealthiest people with a net worth of $85bn, could easily be a trillionaire by...

Brefugee, noun, UK, informal - a worker who is to be displaced by Brexit Paris and Frankfurt are set to battle over so-called Brefugees. The workers, who have been displaced by Britain exiting the European Union, will in most cases have to choose between the French capital and the German financial centre. While Theresa May’s statement last week that she would be willing to turn the UK into a low-tax, fiscal paradise offers a new kind of hope to the...

Goldman Sachs is reportedly considering moving 1,000 jobs to Frankfurt after Brexit. German newspaper Handelsblatt reported that the US banking giant will ship 1,000 jobs to Frankfurt while effectively halving the rest of its UK workforce, moving key operations to New York and Europe. The news comes following Theresa May's tough stance on the exit negotiations, which has already prompted HSBC to move 1,000 jobs to Paris once Britain has formally left the EU. Among roles earmarked for a move...

HSBC could move up to 1,000 jobs from London to Paris after an announcement that it is to relocate staff responsible for generating around a fifth of its UK-based trading revenue after Britain leaves the EU. The bank's Chief Executive Stuart Gulliver told Reuters that the firm will move staff in about two years when Brexit "becomes effective" in a potentially damaging first blow to London's status as Europe's main financial center. Major financial firms warned for months before Britain's referendum on European...

Working in a stressful job for 15 years increases the risk of getting cancer, according to new research This prolonged exposure raises the risk of lung, colon, rectal and stomach cancer - along with non-Hodgkin lymphoma that develops in the vessels and glands, according to the first study of its kind. Researchers say the results raise the question of whether chronic psychological stress should be viewed as a public health issue. The unique study assessed the link between cancer and...

In a major speech to diplomats at London's Lancaster House today, PM May promised a clean break from the EU and Britain will leave the single market membership; leading to Nick Clegg to call the Toires "UKIP-lite." Theresa May finally put a tiny bit of meat on the bones with a 12-point plan for leaving the EU - two months before she pulls two-year exit trigger Article 50. She is aiming for an "associate membership" of the customs union and, arguably,...

Back in 2005 Dr Cliff Arnall calculated that today, 16th Jan, is the most depressing day of the year, due to bills coming in, rubbish weather and the xmas buzz wearing off. I can say that I am definitely in that camp today, with a combination of traditional illness and self-inflicted pain from the weekend festivities adding to the malaise. Now Mr Arnall has said that this year is even worse due to Trump and Brexit, unless of course you...