Irwin Mitchell hands staff £900 bonuses to get through UK’s cost-of-living crunch April 20, 2022 UK law firm Irwin Mitchell is set give its staff a £900 bonus each, to deal with the UK’s cost-of-living crisis. Staff working at the firm are set to receive a one-off payment on top of their April salaries to cover the costs of higher food and fuel prices. The firm said the one-off payments [...]
Why Suez Canal disruption may not have a huge impact on inflation January 15, 2024 Disruption in the Suez Canal has caused widespread concern over the impact on inflation. However, the cause of those fears might not be justified.
Not arts or sports: Brits see science and medicine as UK’s most valuable export September 29, 2021 At a time when science has been put to the test, British-led efforts have given the nation inspiration and a sense of pride. While the central role played by the University of Oxford and the NHS in developing Covid-19 vaccines and treatments immediately comes to mind, that’s not all British-led science has contributed to the [...]
More than 40,000 workers to vote over biggest rail strike in history April 20, 2022 More than 40,000 workers are set to vote whether to go on strike in what could be the biggest rail industrial action in history. The National Union of Rail Maritime and Transport Workers (RMT) cited Network Rail’s planned cuts as the reason behind the ballot, which will take place between 26 April and 24 May. [...]
Recession to be more than twice as bad as first feared, forecasters warn January 23, 2023 The much touted coming recession in Britain will be twice as bad as first feared, new forecasts out today reveal. Soaring prices coupled with the Bank of England’s efforts to tame them are set to deal a heavier blow to GDP than projected just a few months ago. According to the EY Item Club, the [...]
In defence of landlords, by the Bank of England July 18, 2023 Few people in Britain draw as much scorn than landlords. It’s easy to understand why. Young people shackled to renting see landlords as a barrier to their homeownership dreams. Particularly in London, renters hate handing over a huge share of their monthly wage to property investors. Doing so stops them from using their cash [...]
Hackney’s London Fields Brewery brought to the market after Carlsberg Marston’s close taproom February 28, 2022 East London brewery London Fields Brewery has been brought to the market by property consultancy Gerald Eve. Situated under Hackney’s railway arches the brewery was closed just four years after Carlsberg Marston’s Brewing Company snapped it up. The brewing titan’s CEO Paul Davies said at the end of last year the firm had “taken the [...]
Master of Planning and the Art of the Possible May 3, 2022 Coltraco Ultrasonics has joined a rare group of businesses in winning a second Queen’s Award for international growth, just three years after picking up the first. It reflects not only its world-leading instrumentation and systems born of great science but also just how much time and effort is put into operation planning and export strategy. [...]
Inflation deals record blow to UK workers’ living standards August 16, 2022 Surging inflation has dealt a record blow to households’ wages in a sign the UK economy is tumbling into a sharp slowdown, official figures published today showed. Brits’ pay accounting for consumer price index inflation dropped 4.1 per cent over the last three months, the biggest drop since records began in 2001, according to the [...]
EU faces €100bn bill to stave off blackouts next winter, warns IEA December 12, 2022 The European Union faces a €100bn bill to stave off supply shortages next winter, warned the International Energy Agency.