Business and Economics
Business and Economics News
Government spin in overdrive as they sell £420m exporting cost to business as a ‘Brexit win’
New slimmed-down Brexit border checks mean businesses will 'only' face £420m of additional costs from post-Brexit border controls.
‘You can’t eat sovereignty’: Economist pins UK economic woes squarely on Brexit
"The jury is in, the fat lady has sung, there is no debate anymore."
Why is the economy flatlining and what does it mean?
Here we answer some key questions about what the latest GDP figures mean for the economy and people’s money.
Credit Suisse: The Party is Over
Professor Marc Chesney of the University of Zurich examines the collapse of Credit Suisse and the ensuing banking crisis.
Badenoch downplays claims UK-Asia trade pact will only boost economy by 0.08%
Brexit, meanwhile, is expected to reduce the UK’s potential economic growth by about 4 per cent in the long term.
JD Wetherspoon’s profits plummet 91 per cent
Tim Martin blamed ‘ferocious’ inflation for the profit drop.
Only 1% of £1.1 billion lost to fraudulent Covid grants recovered – watchdog
The business department said that, while ‘no amount of error and fraud is acceptable’, it is not possible to retrieve everything.
Cambridge University’s economic contribution ‘four times that of Premier League’
Analysis of economic impact found the university adds nearly £30 billion to the UK economy every year.
UK economy set to be second-worst in G20 this year – OECD
There is expected to be a fall of 0.2 per cent in GDP this year, followed by a rise of 0.9 per cent next year. Only Russia fares worse.