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.... . The entrepreneur has been a prominent supporter of Brexit and remains clear that British business success lies beyond Europe. ... [Read full article on BBC ]
Monday 27th of March 2017 06:01:32 AM
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....UK companies are holding major votes on pay policies in the coming months, and such wage rises risked sending the wrong message, Mr Parry said. "My concern here is not for Pearson, but the damage it does to British business as a whole as we enter AGM [annual general meeting] season," he said. ... [Read full article on BBC ]
Friday 24th of March 2017 04:28:38 PM
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Latest Finance News related to British Business

Dyson 'enormously optimistic' about post-Brexit trade image
Source : BBC [Read Article] Monday 27th of March 2017 06:01:32 AM
.... . The entrepreneur has been a prominent supporter of Brexit and remains clear that British business success lies beyond Europe. ...
Pearson boss sees pay boost despite firm's struggles image
Source : BBC [Read Article] Friday 24th of March 2017 04:28:38 PM
....UK companies are holding major votes on pay policies in the coming months, and such wage rises risked sending the wrong message, Mr Parry said. "My concern here is not for Pearson, but the damage it does to British business as a whole as we enter AGM [annual general meeting] season," he said. ...
If big business is to thrive, it needs a strong welfare state | Phil McDuff image
....87% and, in a fit of perversity, we’re “protecting” our children from those interest payments by forcing them to take payday loans at 1,500%. The NHS saves British business thousands on health insurance, compared with in the supposedly more flexible US. ...
Unilever chief calls for tougher takeover safeguards image
Source : BBC [Read Article] Tuesday 14th of March 2017 07:14:02 PM
....Following the vote for the UK to leave the European Union, and the subsequent fall in the value of the pound, those concerns have re-emerged. British business Arm Holdings, the chip designer, was bought by the Japanese conglomerate Softbank for £24bn. ...
Budget: UK Plc gives its verdict image
Source : BBC [Read Article] Wednesday 8th of March 2017 04:07:53 PM
. The chancellor has not done enough to help companies in the short-term, according to British business groups, while the self-employed have emerged as the "biggest losers" in the Budget. ...
John Lewis and Waitrose owner set to reduce staff bonus image
Source : Guardian [Read Article] Sunday 5th of March 2017 04:49:46 PM
.... Sir Charlie Mayfield, chair of the partnership, described sterling as “the dog that hasn’t really barked”. He noted that the weaker pound – down about 20% since last June’s Brexit vote – would start affecting British businesses this year, as most buy currency six months to a year in advance. ...
Agent Provocateur founder brands Mike Ashley's purchase 'a stitch-up' image
Source : Guardian [Read Article] Thursday 2nd of March 2017 12:46:56 PM
. The co-founder of Agent Provocateur has described the sale of the upmarket lingerie retailer to Mike Ashley as “a disgrace to British business” and “preposterous”. ...
BME career progression 'could add £24bn a year to UK economy' image
Source : Guardian [Read Article] Tuesday 28th of February 2017 07:01:21 AM
.... People from BME backgrounds were also more likely to work in lower paid and lower skilled jobs despite being more likely to have a degree, the report found. McGregor-Smith, who became the first Asian woman to run a FTSE 250 company when she took over at Mitie in 2007, said her own experience had shown there was little diversity at the top of British business but she was still surprised by the extent of both conscious and unconscious bias uncovered by her report. ...
Vast losses at RBS are a legacy of a failed system | Will Hutton image
Source : Guardian [Read Article] Sunday 26th of February 2017 12:05:15 AM
....For RBS is not alone in losing its way so badly. Too many great names in British business have revealed feet of clay in the past few years. ...
Ex-John Lewis boss: 'The Tories are the insurgents in the West Midlands' image
Source : Guardian [Read Article] Thursday 23rd of February 2017 07:00:00 AM
.... One of the reasons Street said he was confident about winning the election was because lifelong Labour voters had told him they would vote for him. Despite this confidence, there is still a risk that he loses, having left one of the top jobs in British business – and an annual pay package of about £1m – for nothing. ...
Wheelchair user creates mannequin to target disabled consumers image
Source : BBC [Read Article] Wednesday 22nd of February 2017 12:34:34 AM
. British businesses could be losing out on a potential £420 million a week by failing to target disabled consumers. ...
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Microsoft raises prices of some PCs by up to £400 due to Brexit image
Source : Guardian [Read Article] Thursday 16th of February 2017 09:26:41 AM
....Microsoft is expected to release a new version of its tablet-first Surface Pro Windows 10 computer in the near future, although whether it will be more expensive than these post-Brexit referendum adjusted prices remains to be seen. The Redmond, Washington-based company came out in favour of the UK staying within the EU in May 2016 and employs more than 5,000 people in the UK, working in partnership with around 25,000 British businesses. ...
The baby boomers have enjoyed the good times – now a tax hike is due | Phillip Inman image
.... This group of baby boomers worked for employers with generous guaranteed pension schemes and can now enjoy several holidays a year, a 4x4 in the driveway and provide a deposit for their grandchild’s first home. That might be considered a good thing if it were not for the fact that the cost is unaffordable, is damaging the ability of British business to invest in the future, and fuelling inequality between generations and among the nation’s 12 million over-65s. ...
Former Rolls-Royce boss questioned in corruption inquiry image
Source : Guardian [Read Article] Friday 10th of February 2017 11:31:33 AM
....Stephen Pollard, the lawyer representing Rose, previously defended the Barings Bank rogue trader Nick Leeson and property tycoon Vincent Tchenguiz in his successful fight against the SFO. While boss of Rolls-Royce, Rose was regarded as a captain of industry and a leading figure in British business. ...
Sports Direct's French Connection flutter looks like a fashion faux pas | Nils Pratley image
.... “If it’s done well, it could be helpful,” he said. That is a qualified remark but it is another welcome sign of pragmatism on Brexit from British business. ...
EU main export market for most UK cities, says thinktank image
Source : Guardian [Read Article] Monday 30th of January 2017 07:01:46 AM
....”. Some supporters of leaving the European single market have argued the move would free the UK from the bloc’s protectionism and also push British businesses to seek trade with faster growing markets further afield. ...
Brexit and Trump mean 'dangerous new phase' for Airbus, says boss image
Source : Guardian [Read Article] Tuesday 24th of January 2017 04:37:09 PM
....As well as the UK, Airbus has major manufacturing plants in France, Germany and Spain. Williams said that while the British business was so far unaffected by Brexit, decisions to invest in the UK over the longer term were at risk. ...
What do business leaders think of Theresa May's Brexit speech? image
Source : Guardian [Read Article] Tuesday 17th of January 2017 01:56:08 PM
.... However, it should still be possible to design a flexible, managed immigration system that allows businesses to access the skilled and unskilled labour they need from both EU and non-EU countries. If we are to use Brexit to deliver a global Britain as the prime minister wishes, then British business must be able to continue to attract and access global talent. ...
Jeremy Corbyn calls for maximum wage law image
Source : Guardian [Read Article] Tuesday 10th of January 2017 09:22:20 AM
....Corbyn will say Labour is not wedded to freedom of movement for EU citizens as a point of principle. “But nor can we afford to lose full access to the European single market on which so many British businesses and jobs depend. ...
UK economy ends 2016 on high – but rising import prices starting to bite image
Source : Guardian [Read Article] Thursday 5th of January 2017 12:01:34 AM
. The fall in sterling following the Brexit vote helped British business shake off a period of uncertainty to end 2016 on a high note as companies reported increases in export sales and orders. ...
Business confidence stabilises but Brexit jitters linger image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 12:01:38 AM
. Confidence among British business executives has stabilised after hitting a four-year low in September, but firms still regard economic uncertainty as the biggest threat after the Brexit vote. ...
Lloyd's of London's Inga Beale made a dame in New Year honours list image
Source : Guardian [Read Article] Friday 30th of December 2016 10:30:11 PM
. Leading women in British business, including the chief executive of Lloyd’s of London, Inga Beale, have been recognised in the New Year honours list. ...
Four in 10 British businesses fear post-Brexit skills shortages image
Source : Guardian [Read Article] Sunday 25th of December 2016 12:01:03 AM
....5 million EU citizens resident in this country. “Business will now look to government to lay the groundwork for growth and, considering the skills shortage revealed in this survey, they should start by guaranteeing the status of EU citizens currently working for British businesses,” he said. ...
Theresa May urged to get transitional Brexit deal for City image
Source : Guardian [Read Article] Friday 23rd of December 2016 12:01:01 AM
....There are suggestions that triggering article 50 in March – signalling the formal process of exiting the EU – could prompt firms to start implementing contingency plans to ensure they are able to continue conducting business while a Brexit deal is agreed. Boleat said: “Theresa May’s government has the most complex and nationally important international negotiations since the end of second world war ahead of it, and for the good of British business and workers in Britain we must get this right. ...
MPs poised to investigate VAT fraud on Amazon and eBay image
Source : Guardian [Read Article] Wednesday 21st of December 2016 12:01:02 AM
....In recent years, overseas sellers, particularly from China, have come to dominate many popular goods categories on eBay and Amazon, illegally selling goods without VAT. As a result, many small British businesses have been left unable to compete. ...
Brexit deal risks some sectors of economy being left behind, warns CBI image
Source : Guardian [Read Article] Wednesday 21st of December 2016 12:01:02 AM
....“While each sector has issues specific to them, there are many crossovers and common principles that unite them, for example the need to avoid cliff edge changes that cause disruption to supply chains and trade,” Fairbairn said. “From aviation and chemicals to life sciences and agriculture, firms of all sizes will want to understand how easy it will be for them to trade in the future with the EU which remains the biggest market for British businesses. ...
Joint call for EU citizens to stay in UK image
Source : BBC [Read Article] Sunday 18th of December 2016 08:11:08 PM
...."We call upon you to demonstrate leadership by providing EU citizens in the UK with the reassurance we would expect to be shown to UK citizens across the Continent - not by making one conditional upon the other," they wrote. "Now is the time to end insecurity for EU workers and for British businesses alike. ...
TUC and businesses urge Theresa May to act on rights of migrants image
Source : Guardian [Read Article] Saturday 17th of December 2016 08:17:56 PM
. British business and the trade union movement have made an unprecedented joint demand to Theresa May to guarantee immediately the rights of European Union migrants to remain in the UK, warning that further uncertainty will inflict serious damage on the British economy. ...
UK 4G coverage worse than in Romania and Peru, watchdog finds image
Source : Guardian [Read Article] Wednesday 14th of December 2016 12:01:10 AM
.... Our roads and railways can feel like digital deserts and even our city centres are plagued by not spots where connectivity is impossible. “That isn’t just frustrating, it is increasingly holding British business back as more and more of our economy requires a connected workforce. ...
UK's current GDP growth rate won't last, warns business body image
Source : BBC [Read Article] Monday 12th of December 2016 12:01:34 AM
....It said this suggested that "for now" the UK economy had stabilised "in a lower gear" than it had been running at before the referendum. However, it said, business optimism was continuing to fall, and it expected "a bumpy road ahead in 2017 for British businesses and the economy". ...
UK firms 'face more, not less, red tape if Britain exits customs union' image
Source : Guardian [Read Article] Sunday 11th of December 2016 02:30:58 PM
....”. Jo Carberry, of Open Britain, said leaving the customs union would result in “a bombshell of Brexit bureaucracy for British businesses”. ...
The Guardian view on British business: stop stroking the fat cats | Editorial image
.... Rather than workers being consulted on management’s terms, even better would be to roll back some of the trade union laws and allow unions on to business premises to recruit new members. Similarly, the notion that all that’s wrong with British business is generous pay deals for a cosy clique who sit on each other’s committees is, while catchy, wrong. ...
Government called on to take bolder action on corporate reform image
Source : Guardian [Read Article] Tuesday 29th of November 2016 01:30:49 PM
....Pay “has grown much faster over the last two decades than pay generally and at times is not in line with corporate performance”, said Clark as he pinned the blame on Labour. The business secretary said the concerns about corporate behaviour related to “a very small number of businesses, which have undermined the reputation of British business generally”. ...
Executive pay: Companies could be forced to reveal pay gap image
Source : BBC [Read Article] Sunday 27th of November 2016 03:23:57 AM
...."The UK has led the world in corporate governance, but our strong reputation can only be maintained if government and business regularly reviews and upgrades our governance. "Good governance helps companies take better decisions, for their own long-term benefit and the economy overall - ensuring public trust in British business and making sure the UK is the best place in the world to do business. ...
McDonnell: Chancellor's spending plans 'offer no hope' image
Source : BBC [Read Article] Wednesday 23rd of November 2016 02:43:04 PM
.... "You must now do the right thing for British workers and businesses - you must insist on full, tariff-free access to the single market. "If you stand up for British business and jobs in fighting for single market access, you will have our support. ...
Brexit uncertainty could hit investment in UK, warns German car chief image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 01:02:28 PM
.... What we expect is clear proposals”. Most British businesses want the UK to remain in the single market, an objective strongly opposed by pro-Brexit cabinet members and MPs because – as Brussels and the 27 member states of the EU have repeatedly made clear – it would mean accepting the principle of free movement. ...
CitySprint faces tribunal over rights of freelance workers image
Source : Guardian [Read Article] Tuesday 22nd of November 2016 07:00:29 AM
. The delivery firm CitySprint is to become the latest British business embroiled in a legal dispute over the gig economy when it faces demands at an employment tribunal to treat its freelance couriers as workers. ...
Radical reform of tax system is needed, says Sage boss image
Source : BBC [Read Article] Monday 21st of November 2016 08:25:11 PM
....Speaking to BBC Newsnight, he said the system is "unfit for the digital age". Prime Minister Theresa May has announced a series of measures aimed at supporting British business. ...
Google and Facebook back post-Brexit UK, but tech worries linger image
Source : Guardian [Read Article] Monday 21st of November 2016 06:22:22 PM
.... “We’ve had a special relationship with the US, we’ve had presidents in the past who have been very familiar with the prime minister, we’ll wait and see about the relationship between the president elect and Theresa May. “The key thing is, American businesses have great relationships with British businesses, and Americans have great relationships with Brits. ...
Black Friday night’s all right for fighting image
Source : Guardian [Read Article] Sunday 20th of November 2016 07:00:30 AM
....Business may be slow – but don’t accuse it of having no sense of humour. Drechsler will sign off: “I wonder, when people look back at this period of change, in 10 or 20 years’ time, what will they say about British business? That we surrendered to the ‘wait and see’ mentality?”. ...
CBI to make plea to Theresa May for a ‘smooth Brexit’ image
Source : Guardian [Read Article] Sunday 20th of November 2016 12:05:22 AM
....Anna Soubry MP, a leading supporter of the Open Britain campaign, said: “Brexit is supposed to herald a bonfire of bureaucracy, but leaving the Customs Union would leave British firms mired in expensive additional red tape. “The government’s own figures suggest a multibillion-pound bombshell for British businesses. ...
GKN to close Yeovil helicopter site, putting hundreds of jobs at risk image
Source : Guardian [Read Article] Thursday 17th of November 2016 08:16:29 PM
....Hughes added: “We don’t believe that the business case for closure has been made and in the weeks ahead we will exploring options to keep the plant going as a viable business. “We will be giving our members maximum support at this difficult time and talking to GKN about redeployment within this key British business. ...
Tesco chief warns brands not to make UK shoppers pay for weak pound image
Source : Guardian [Read Article] Thursday 17th of November 2016 06:49:32 PM
.... “Where a cost is real and justified, we will sit down [with a supplier] and discuss how we can offset it,” he said. Official figures this week fanned fears that the weak pound was raising costs for British businesses and would soon be felt by consumers. ...
American Apparel founder eyes European factory as company files for bankruptcy in US image
.... The brand, which at its peak had more than 200 stores including 18 in the UK, has suffered falling sales. The company’s remaining British business, including 13 stores, went into administration on 8 November. ...
Brexmas image
Source : BBC [Read Article] Monday 14th of November 2016 12:00:02 AM
....Allan Hartwell has built his business on bringing European markets to the UK. He thinks if Brexit has an impact it may create more opportunities for British businesses. ...
Call for Scots unity over single market membership image
Source : BBC [Read Article] Sunday 13th of November 2016 12:06:21 AM
...."For me personally that means having the greatest amount of access to the single market. That's what helps British business and Scottish business, so that's the argument I'm going to continue to make. ...
UK companies need more women on executive committees, says review image
Source : Guardian [Read Article] Tuesday 8th of November 2016 07:00:42 PM
....“We don’t underestimate the challenge the new voluntary target presents for many FTSE companies. However, we are encouraged by the breadth of experienced women ready and willing to step up, the significant efforts under way in many companies on this agenda, and the ability of British business to work together to bring about change when it is needed. ...
Maternity leave sackings cost £280m a year, says equality watchdog image
Source : Guardian [Read Article] Thursday 27th of October 2016 11:34:17 AM
. British businesses are losing hundreds of millions of pounds every year as a result of women being forced out of jobs after having a baby, a damning report from the equalities watchdog has revealed. ...
John McDonnell warns against 'bankers' Brexit' image
Source : BBC [Read Article] Thursday 27th of October 2016 02:08:31 AM
....She added: "What matters is that we are clear about the deal we want to get for the British people. That's the right deal, a deal that ensures that British businesses have the maximum opportunity to trade with and operate within the European Union. ...
UK firms 'won't have to list foreign workers', says Fallon image
Source : BBC [Read Article] Sunday 9th of October 2016 10:45:34 AM
....Following criticism, Ms Rudd defended her proposals earlier in the week. She told the BBC that British businesses had a "responsibility to local employment and we're asking them to join us on this journey so they don't automatically go abroad". ...
Theresa May insists UK economy can withstand Brexit turbulence image
Source : BBC [Read Article] Tuesday 4th of October 2016 06:12:25 PM
...."What matters is that we are clear about the deal we want to get for the British people. That's the right deal, a deal that ensures that British businesses have the maximum opportunity to trade with and operate within the European Union". ...
What Brexit slowdown? GDP UP as economy performs BETTER than expected after EU referendum image
....9 percent of GDP, the widest since the end of 2015. British business investment grew by a stronger than previously estimated 1. ...
Liam Fox predicts free EU trade post-Brexit image
Source : BBC [Read Article] Thursday 29th of September 2016 11:04:47 AM
.... . "The truth is that leaving the EU's customs union and single market will bring a deluge of new Brexit red tape down on the heads of British businesses who export to the continent. ...
Britain 'too lazy and fat', says Trade Secretary Liam Fox image
Source : BBC [Read Article] Saturday 10th of September 2016 12:29:52 PM
....Mr Fox, who was a prominent voice within the Leave campaign in the EU referendum, is in charge of negotiating trade deals for the UK once it has left the European Union. During his speech to activists on Thursday evening he said there needed to be a change in British business culture and said people had got to stop thinking about exporting as an opportunity and start thinking about it as a duty. ...
US media firm Liberty Media to buy Formula 1 image
Source : BBC [Read Article] Wednesday 7th of September 2016 10:24:23 PM
....Earlier, he said in an interview with Reuters that he had been asked to stay on for three years and would miss the Singapore Grand Prix on 18 September as he needed be in London for the negotiations. The 85-year-old British businessman has run the sport for 40 years. ...

RBS would move HQ south in event of Yes vote in independence referendum
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Source : Telegraph [Read Article] Sunday 14th of August 2016 11:26:28 AM
....  The First Minister has promised to explore all options to keep Scotland in the EU, but has also warned that a snap, second vote on breaking-up Britain is "highly likely”.   Some experts have suggested Scotland's financial services sector could benefit from Scotland's continuing membership of the EU, providing a new gateway to the European single market for British businesses after the rest of the UK leaves. ...
Scottish independence would still prompt RBS office move image
Source : BBC [Read Article] Saturday 13th of August 2016 11:00:08 PM
.... . Some experts have suggested Scotland's financial services sector could benefit from Scotland's continuing membership of the EU, providing a new gateway to the European single market for British businesses after the rest of the UK leaves. ...

It’s time for a thaw in our relations with Russia 
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 05:21:03 PM
.... We too should now rethink. There are the normal prudential reasons for this – British business has been very uncomfortable with our outlier stance. ...
MPs widen pensions inquiry to include defined benefits image
Source : BBC [Read Article] Monday 8th of August 2016 11:02:49 AM
....A recent funding update found the BT pension scheme had a current deficit of £9. 9bn, one of the largest of any British business. ...
Money in the mattress image
Source : BBC [Read Article] Sunday 7th of August 2016 12:45:48 AM
.... . British businessman and billionaire Richard Branson gets by on five hours while the Republican presidential nominee Donald Trump claims to sleep for just one hour while on the campaign trail. ...

How to avoid nuclear fallout and become equal partners with China
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Source : Telegraph [Read Article] Thursday 4th of August 2016 12:34:02 PM
.... In some countries in this category, Britain and China are competitors, but in others, there is an element of complementarity. Exploring these opportunities will help British business going global, as well as improving the quality and effectiveness of Chinese investments in parts of the developing world. ...

Millions will be condemned to 'dire' broadband after regulator refuses to break up BT, MPs warn
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...."You have to wonder how many times BT Openreach has to fail the public before the regulator acts. The idea of one more chance is being stretched to its limit while ordinary families and British businesses continue to suffer through poor or no super-fast broadband. ...
BHS exposes 'challenge' of paying our pensions in future image
Source : BBC [Read Article] Sunday 24th of July 2016 11:03:46 PM
....The risk of taking on the pensions burden is thought to be one of the reasons that BHS failed to find backers or buyers for the business as a whole. MPs said occupational pension schemes were "perhaps the greatest challenge facing long-standing British businesses". ...

Philip Hammond has 'no doubt' Britain will be able strike free trade deal with China 
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.... . He said that a recent survey suggesting that British business activity has suffered its sharpest fall since the financial crisis shows there has been a “hit to confidence”. ...

British businessman stands to make millions after investing in Pokémon Go
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. A British businessman is set to make a fortune after making a wise investment in the world’s fastest growing new game. ...
Philip Hammond: Financial markets 'rattled' by Leave vote image
Source : BBC [Read Article] Thursday 14th of July 2016 07:27:04 AM
.... . "I think the challenge for us now is to send signals of reassurance about the future as quickly and as powerfully as we can to the international investment community, to British business and British consumers, so that we can get those decisions starting to be made and investment starting to flow into the UK economy again. ...

British businesses must meet the challenge of the circular economy 
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Source : Telegraph [Read Article] Monday 11th of July 2016 12:02:16 PM
...
Tech companies blame price rises on Brexit vote image
Source : BBC [Read Article] Wednesday 6th of July 2016 11:47:59 AM
...."In line with the rest of the industry, our component costs are priced in US dollars, and unfortunately, the recent strengthening of the US dollar versus sterling and other currencies in the EMEA [Europe, Middle East and Africa] region, following the UK's decision to leave the European Union, will have a direct impact on the price we sell to our UK customers and partners," a spokeswoman said. "We understand that this is an uncertain time for many British businesses, and we will continue to work closely with our customers and partners to provide great value products and services. ...
EU Trade Commissioner: No trade talks until full Brexit image
Source : BBC [Read Article] Thursday 30th of June 2016 06:23:25 PM
.... . They agree that because British businesses are already compliant with EU rules and regulations, choosing to remain within the single market would be "a little quicker", than negotiating a deal like Canada's. ...

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