The findings are further evidence that real incomes are set to be squeezed this year.
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
London Stock Exchange merger under threat
The 29bn euro (£24.5bn) merger of the London Stock Exchange and Deutsche Boerse could collapse after the LSE said the deal was unlikely to be approved by the European Commission.
O2’s £10bn float plans hinge on spectrum auction rules
O2 is weighing options for a £10bn stock market debut before summer if the rules in a forthcoming auction of mobile airwaves are set favourably.
Google’s parent company suing Uber for ‘stealing its technology’
The lawsuit puts both companies in an awkward position as Google Ventures, another Alphabet subsidiary.
John Lewis to cut almost 400 jobs
John Lewis is cutting around 380 jobs as it shakes-up parts of its home and catering businesses.
Royal Bank of Scotland losses more than treble to £7bn
Royal Bank of Scotland has reported a £7bn annual loss as past problems continue to dog its performance.
Brexit could lead to ‘complete breakdown’ between UK and EU
One of Britain’s most senior former European Commission officials has warned that Brexit negotiations could lead to a “complete breakdown” of relations between the UK and the European Union.
Net migration to UK falls by 49,000 after Brexit vote
Migration figures show that 12,000 more east Europeans left UK in three months after EU referendum
Barclays profits jump as legal and conduct costs slide
Barclays enjoyed a surge in profits to more than £3bn after it paid out less to settle litigation and to the victims of the payment protection insurance (PPI) scandal.
Britain needs to hire 400,000 workers a year to keep building homes
The UK’s construction industry must hire more than 400,000 workers every year for the next five years to build enough homes to meet demand.
Rarest £1 coins revealed with some worth as much as £50
Rarest £1 coins revealed with some worth as much as £50.
Uncertainty named as top challenge for UK employers ahead of triggering of Article 50
Uncertainty around the economy and politics has been cited as the top concern by British businesses despite a tightening labour market, according to a new poll.
Lloyds reports highest profit in decade
Lloyds Banking Group has reported its highest annual profit in a decade, helped by a reduction in payment protection insurance (PPI) provisions.
The economy is now the biggest concern of Britons
Twenty-eight per cent of Britons named the economy as one of their top two concerns at the end of 2016, up 12 percentage points from a year ago.
Robots that take people’s jobs should pay taxes, says Bill Gates
Bill Gates has called for a tax on robots to make up for lost taxes from workers whose jobs are destroyed by automation.
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