A significant landmark moment in the UK manufacturing sector has been confirmed after HS2 Ltd signed a £2billion contract with Hitachi and French manufacturer Alstom to build state-of-the-art “bullet-style” trains In Britain, the Transport Secretary and HS2 Ltd announced yesterday. Transport Secretary
The Bank of England chances of increasing interest rate is swiftly diminishing as new restrictions were announced yesterday to curb the spread of the new Omicron coronavirus variant. The BoE has hinted since the pandemic became the first central to raise rates. However,
In “normal times,” the days leading to Christmas and New Year are hectic for business sectors that have significantly suffered from COVID containment measures. Lockdown has sent most consumers to the internet to do their shopping, and footfall has generally crashed since
All four tech companies who were part of an inquiry into economic crime, have now responded to a request from Mel Stride MP, Chair of the Treasury Committee, to explain their current policies on combatting online fraud, scams and economic crime on
Traditionally, importing people was the primary strategy to solve skill and labour shortages in the UK. Recruiters roamed villages in Bangladesh to recruit workers for tyre factories. London transport sent recruiters to the Caribbean; the NHS heavily recruits nurses from abroad, etc.
With inflation reaching an all-time high in August rising to 3.2% it’s no wonder that families up and down the country are struggling to make ends meet. Add in the upcoming price rises to energy bills, national insurance, and cuts to universal
An investment trust focused on renewable energy is expected become the first company with an all-female board to float on the London Stock Exchange. Atrato Onsite Energy, which has announced plans to raise £150m by listing in London, is run by three women
When you do building work in your home things around you usually get very bad before they get better. The moment comes when you have had enough of eating meals cooked in the microwave in the spare bedroom and washing dishes in
In 2018, the British financial industry was the source of over a third of all the tax revenues, either directly through taxes paid by companies or indirectly through the PAYE of employees working in finance. When the UK was part of the
The daily lives of residents in the United Kingdom are affected by the lack of people in many jobs. The economy is picking up from the months of lockdown, businesses are re-opening, and they cannot find people to fill the vacant position.