The number of foreign students is set to increase by almost 50 per cent in five years, the university admissions service predicts today. It says there is renewed interest in living in the UK, since Covid restrictions lifted, with the NHS and English language a particular draw. International students are stereotypically drawn to business and […]
The head of the World Bank has warned that Russia’s invasion of Ukraine could cause a global recession as the price of food, energy and fertiliser jump. David Malpass told a US business event on Wednesday that it is difficult to “see how we avoid a recession”. He also said a series of coronavirus lockdowns […]
Investors were asked to vote today at Amazon’s AGM on whether the company should conduct an independent audit of warehouse workers wages and working conditions. Activist investor Tulipshare put forward the proposal following reports of high injury and employee turnover rates, serious injuries rates were reported about 80% more often amongst Amazon workers than other […]
The UK’s leading health and dental plan provider Simplyhealth, has announced it has invested in Ampersand, provider of digital therapies for inflammatory conditions. This collaboration will help accelerate the adoption of digital therapeutics in the UK, reducing outpatient appointments, improving health outcomes and cutting unplanned hospital visits for patients suffering with a broad range of […]
Rishi Sunak is scrambling to finalise a package of measures that could be announced as soon as Thursday aimed at alleviating the cost of living crisis, after the energy regulator said annual bills were likely to shoot up by more than 40% in October. Ministers are under intense pressure to act after the Ofgem chief […]
The £4.25bn takeover of Chelsea football club has been completed after Roman Abramovich agreed to the UK government’s terms for the sale, ending a tumultuous period that raised fears over the club’s existence. Nadine Dorries, the culture secretary, said the UK government issued a licence on Tuesday night that permits the sale of Chelsea. A […]
Marks & Spencer is to shut 32 more stores as it shifts away from town centres, saying many have “lost impetus” as a result of failed local authority or government policy. The high street bellwether said profits will flatline in the year ahead amid “increasing cost pressures and consumer uncertainty”. A decision to fully exit […]
Women-owned businesses performed worse during the pandemic, according to new research by emlyon business school published in the journal of Entrepreneurship Theory and Practice The study, conducted by Addis G. Birnhanu and her co-authors, investigated the implications of the pandemic on gender differences in business performance. They found that women-owned businesses performed worse than their […]
The government borrowed £18.6 billion last month, £5.6 billion less than in April last year and below expectations. City economists had forecast borrowing of £18.8 billion and the Office for Budget Responsibility’s estimate was for £19.1 billion. However, it is the still the fourth highest borrowing for the month since records began in 1993. The […]
The head of the Trades Union Congress has written to the Insolvency Service calling for it to disqualify the directors of P&O Ferries after they sacked nearly 800 crew without notice. In a letter seen by the Guardian, Frances O’Grady, the TUC’s general secretary, said the Insolvency Service should “initiate disqualification proceedings against the directors […]