Business and Economics

Business and Economics News

Army’s new vehicles will be built in Spain using Swedish steel

By Joe Mellor, Deputy Editor A new range of British army fighting vehicles will be constructed abroad, even though the PM hailed the £3.5bn deal as a huge boost to UK manufacturing. According to the Mirror, there will be a hundred of the Ajax fighting vehicles will be “fully manufactured and assembled” in Spain, the Ministry of Defence has admitted. The hulls for almost 500 more will be made in Spain before the vehicles are transported to the UK for...

The explosion of the Fintech industry: Revolution or evolution?

The media is abuzz with the emergence of Finnish technology companies; and they’re markedly different from the norm. There is no doubt that consumers have been crying out for an alternative to traditional banking practices for a long time now, particularly when it comes to things like high remittance fees and transfers. But are FinTech companies bringing about revolution or evolution?   The Argument for Revolution From peer-to-peer lending, to wealth management, to crowd funding – there is nothing that is...

The top 7 Start-up Spaces in London

Building your own business from the ground up is a pretty enormous task. You have to be your own manager, your best creative mind, your own accountant. But do you really have to do everything yourself? Wouldn't it be nice if, at the very least, somebody else would take care of where your brainchild can grow up and take its first steps? Today The Office Design Company have shared 7 start-up hubs in London that are worth watching if you’re...

Britain ‘Turning Blind Eye’ to dodgy Russian money

By Joe Mellor, Deputy Editor There have been claims made by a well known anti-corruption campaigner that UK authorities will “always find excuses not to investigate” money laundering. Bill Browder, a former Hedge Fund chief, told MPs that the UK are actually refusing to look at evidence of “dirty” Russian money, that indicate that money is being laundered through our banking system. Browder believes that authorities don’t want “to rock the boat,” even when he filed six complaints linked to...

2/3 of Ex-ministers and civil servants get lucrative private sector jobs

By Joe Mellor, Deputy Editor The Whitehall appointments watchdog may need a radical overhaul after it was found that two thirds of them who applied to Acoba (Advisory Committee on Business Appointments) since 2008 have ended up in private sector jobs, in the same field they left while they were in Government. This has led to MPs demanding the watchdog is fundamentally changed, as it failed to block a single ex-minister or civil servant from moving into a highly paid...

Leaked documents about TTIP could spell end of controversial trade deal

By Joe Mellor, Deputy Editor A massive leak of documents could see the end of the TTIP trade deal, which includes provisions to allow American corporations to help change European law and also weaken consumer protections. Campaigners hope the leaked pages will bring an end to the TTIP (Transatlantic Trade and Investment Partnership) which has seen strong resistance from both sides of the Atlantic. Many opponents see it as a chance for big business to override the laws of the...

Borough market is 2,500th ‘real’ Living Wage employer

By Joe Mellor, Deputy Editor One of the Britain’s most famous markets has become the 2,500th ‘real” living wage employer, a whole two pounds twenty pence more than the Chancellor’s version of the living wage. The 11th century market, has decided to increase how much they pay their staff to a level which means workers should be able to sustain themselves to a reasonable level in the capital. The market, which is 1,002-years-old, decision has been hailed by Living Wage...

The Six things to look for in Leadership Degrees

Impact's Senior Consultant, Richard Little, shares his six top tips on how to choose the right leadership development degree. As global leadership development experts we meet managers at every career point, from entry-level to the board. Increasingly we are tasked with helping them excel at adaptability in a turbulent organisational context. At Impact, our approach has never been to pump people full of models and theories, but to create experiences that help people find out for themselves how best to collaborate...

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