Business and Economics
Business and Economics News
Shadow chancellor rules out reinstating cap on bankers’ bonuses
The decision has faced a backlash for rewarding bankers and failing to address cost-of-living concerns affecting households across the UK.
IMF downgrades UK growth forecast and blasts Govt’s ‘unrealistic’ spending plans
The body’s chief economist said: ‘We would advise against further discretionary tax cuts as envisioned and discussed now.’
Tim Martin bemoans high staffing costs for weighing heavy on hospitality industry
The pub chain has revealed a jump in sales despite the boss warning about costs.
Woolworths ‘set to return’ to UK high street after 15 years
It would be one heck of a come back!
Owner of Tata Steel rakes in £3bn profit as it axes 3,000 jobs due to ‘financial reasons’
The UK government has handed the company a £500 million subsidy to help pay for the new electric arc furnace at the site.
Brexit blamed for closure of Tata Steel
'Thatcher closed the mines, Brexit closed the steelworks'
Centrica boss: There is no justification for my £4.5 million salary
Chris O’Shea said there is no point trying to justify such a large pay packet when the average UK salary is closer to £30,000.
Gary Neville shakes on two deals on debut Dragon’s Den appearance
In Thursday’s episode, the former England footballer-turned-pundit became the first famous face to join the BBC show as a guest Dragon.
Tata Steel expected to confirm plans to close furnaces at UK plant
Most of the job losses will be at Port Talbot in south Wales.