Business and Economics

By Joe Mellor, Deputy Editor A City University report has revealed that the Chancellor could be forced to borrow billions of pounds more than predicted by 2020 if he continues with his huge spending cuts. The Chancellor's autumn statement will be announced this week and the University study claims the Treasury has drastically underestimated the impact of departmental and welfare cuts on the wider economy. The report singled out the cuts to public sector investment as a major factor in...

By Nathan Lee, TLE Correspondent  Ahead of the ONS latest report on the highest paid jobs in Britain new research has found 12.5 per cent of jobs in the UK pay over £50,000, but just 5 per cent of candidates are seeking premium salaries. Job site CV-Library looked at roles advertised between 1st November 2014 to 31st October 2015 and discovered that over 189,000 of the 1.5 million jobs offered a salary of over £50,000. Furthermore, data from the same...

By Nathan Lee, TLE Correspondent  The third public consultation for Crossrail 2 is under way with drop-in sessions on how the route will impact Londoners being held across the city. But what will the proposed line look like, when will it be completed and how do TfL envisage doing it? Where  The proposed route looks to benefit cities across the South East and stations in Surrey and Hertfordshire by providing more direct routes in to central London from connecting stations such as...

By Nathan Lee, TLE Correspondent  Hollywood star George Clooney arrived in Scotland today and visited a social enterprise sandwich shop that trains, employs and feeds local homeless people. Staff at Social Bite, which gives 100 per cent of its profits to charity, recruits a quarter of its staff from homeless backgrounds, and runs a ‘suspended’ service where customers can pre-pay food for homeless people to claim later, welcomed Mr Clooney to their Rose Street shop in Edinburgh city centre. Whilst in the...

By Ryan Carter @rwscarter There is a beautiful bottom-up revolution underway in the energy market, but like all revolutions there is hurdles the question is can the state facilitate the green revolution, I think it should. This requires putting into reverse how the state has been seen in market interventions as a monolithic agent ‘crowding-out’ competition. I believe that the state can and should act smart and counter to popular opinion 'crowd-in' the market, breaking the hegemonic cartel of the...

This week warnings from climate change scientists this informed us that the world is halfway towards the threshold that could result in dangerous climate change, revealing that average global temperatures have recorded a rise of one degree Celsius for the first time. The met office informed us that record warm temperatures measured in the first nine months of this year mean that the world has already reached the halfway point towards the arbitrary “threshold” of a 2C increase on pre-industrial...

By Callum Towler ‘Chess is as elaborate a waste of human intelligence as you can find outside an advertising agency’. In an industry practically choked with aphorisms, said by people who sell advert ideas and arrive at the conclusion that they’re some sort of omniscient sage, it took an outsider, the writer Raymond Carver, to best sum up the industry in one deft turn of phrase. It’s true: many clever, brilliant people make up ad agencies, all pouring their best...

In honour of National Stress Awareness Day, workplace designers Peldon Rose show us how to reduce workplace stress with clever office design… None of us are immune to stress but the latest labour force statistics released by the Health and Safety Executive (HSE) show that in 2014/15, workplace stress actually “accounted for 35% of all work related ill health cases” amounting to a staggering loss of 9.9 million working days. As an employer, you won’t always be in a position to...

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