The number of pubs in England and Wales continues to fall, hitting its lowest level on record, according to new research. There were 39,970 pubs in June, down by more than 7,000 since 2012, said real estate consultancy Altus Group. After struggling through Covid the industry now faced soaring prices and higher energy costs, it […]
Real typical household disposable income growth for working age families has slumped to just 0.7 per cent a year in the 15 years leading up to the Covid-19 pandemic. This has left households, particularly those in rented accommodation and with young children, brutally exposed to the current cost-of-living crisis, according to new research published today […]
Virgin Orbit’s next satellite launch will take place from the UK, following the success of the “Straight Up” mission, which lifted off from Mojave in California earlier today. Science Minister George Freeman and the UK Space Agency welcomed the news that Virgin Orbit has successfully completed its fourth mission from California, and its first night […]
According to The Open University’s Business Barometer 2022 report, published in partnership with the British Chambers of Commerce, UK organisations are experiencing the knock-on effect of ongoing skills shortages and recruitment challenges, as more than three quarters report seeing reduced output, profitability or growth. The Open University’s annual report which provides a temperature check on […]
Could Paddington soon switch his beloved marmalade for specially crafted Fynbos honey straight from South African shores? He could well do so, now that the Cape Trade Portal is on offer. The ‘matchmaking tool’ connects UK buyers with local Western Cape exporters via a virtual hub, which boasts over 1 600 proudly Cape-based products and services. […]
Leading serviced office and flexible workspace provider, Office Space in Town (OSiT), has appointed Georgia Sandom, already the company’s youngest ever Director, as its new Director of ESG. This appointment comes at the same time as OSiT launches its innovative new ESG strategy, which reflects the company’s longstanding values around sustainability, social diversity and inclusion […]
Replacing an hour-long commute with a walk downstairs, ditching workwear for pajama bottoms, and spending lunch breaks out of an office chair and on the sofa– there’s no denying that there are some seriously handy perks to life as a remote worker. Pre-pandemic, a truly flexible workplace seemed inconceivable to employees and business owners alike. […]
A new bombshell study said this morning that Brexit has damaged Britain’s competitiveness, reducing productivity and lowering workers’ real wages in the years ahead. The report said Britain has experienced a decline of 8 per cent in trade openness – trade as a share of economic output – since 2019, losing market share across three […]
A staggering 87 per cent of workers are working longer hours than they are contracted to, with most agreeing they have found themselves doing more when working from home according to recent research. The study found that workers in Oxford, Sheffield and Worcester have the longest working day, at an average length of 7.3 hours. […]
The battle for customers is increasingly heating up in the UK banking scene with one major current account provider now offering 5 per cent interest on balances up to £1,500 for the first 12 months. Nationwide Building Society previously offered 2 per cent fixed for 12 months on balances up to £1,500 on its FlexDirect […]