The UK hospitality sector is on the brink of a financial crisis, facing a potential £900 million increase in business rates by 2024.Without intervention from Chancellor…
Browsing: economic impact
The Goods Station project in Birmingham represents a transformative development plan in the city center.Plans have been submitted to construct nearly 1,000 apartments across five buildings…
A new employment rights initiative spearheaded by Angela Rayner aims to allow 9 million workers greater legal recourse from the start of their employment, sparking significant…
China has imposed a new tariff on European brandy, marking a significant escalation in its trade dispute with the European Union. This move is widely seen…
US dockworkers have concluded a significant strike, securing a 62% wage increase over six years, a major victory for the union.The strike, starting on October 1,…
The recent US dockworkers strike, which lasted three days, has concluded following an agreement for a substantial 62% wage increase over six years.Striking operations halted container…
Canon UK witnessed a substantial sales increase but continued to face financial losses in 2023.Sales at Canon’s UK branch rose significantly, nearing a £100m increase, yet…
A recent analysis reveals that the majority of UK businesses receiving £23bn in Covid support could have survived without it, sparking debates on government spending.Less than…
Retailers in London’s West End have faced significant financial challenges due to the removal of tax-free shopping for tourists.International visitor numbers increased by 3% in early…
Upcoming EU border rules, effective November 10, could significantly impact Christmas food supplies in the UK.These rules involve the Entry/Exit System (EES) mandating biometric checks for…