Business and Economics
Business and Economics News
Sainsbury’s CEO’s pay triples as supermarket rejects living wage calls
Also Marks & Spencer boss Steve Rowe witnessed his pay and bonus package more than double to £2.6 million for the past year.
What’s to blame? Car industry suffers horrendous decline as chip shops beg Norway for fish to save businesses
The Daily Mirror reported the cost per kilo of Icelandic cod has jumped from £7.80 in October to £16, while potato costs have risen by 30%.
Bonuses in City ‘at record high’ as ‘demoralised’ nurses ‘driven out’ of profession
“Ministers have no hesitation in calling for public sector pay restraint, but turn a blind eye to shocking City excess."
Imperial measurements: Govt consultation to review ‘overbearing EU rules’ as supermarket slams return as ‘utter nonsense’
“I mean, we have got serious problems in the world and we’re now saying let’s go backwards."
British pound risks crisis ‘usually seen in emerging markets’, analysts warn
Strategists from Bank of America said the British currency is facing an "existential crisis".
Eye-watering amount corporate tax abuse costs UK is revealed
“It is a glaringly obvious case of corporate greed and those in power should be doing more to cut down on the amount of wiggle room these businesses are able to find when everyday families are struggling to survive.”
‘Ticking timebomb’: 500,000 small businesses may go bust ‘within weeks’
Small firms are facing a "ticking time bomb" without further support, industry chiefs warned.
Fast fashion retailer Misguided ‘on brink of collapse’ – reports
According to reports, one unpaid supplier had to ask his wife and mum to sell their jewellery to pay wages.
‘Brexit was a significant mistake’ – chair of NatWest says
Sir Howard Davies said he is "quite pessimistic" about what the future has in store for the UK.