IFS: Minimum wage cannot carry the can for earnings growth in Britain March 15, 2022 The minimum wage has limits to how much it can carry the can for boosting earnings growth in the UK, reveals a study published today. Government labour market policy needs to target boosting productivity to generate high-paying jobs and reverse weak growth in living standards, according to a report by the Institute for Fiscal Studies [...]
Letters: Sunak, stand up for the little guy March 15, 2022 [Re: Sunak urged to ‘turn wise words into action’ by FSB chair after small retailers feel ‘abandoned’, March 11] While “levelling up” has become the government’s phrase of the year, for the vast majority of small and medium-sized businesses this is a slogan without substance. Although schemes like Help to Grow are a step in [...]
Binance granted crypto licence in Bahrain March 14, 2022 Binance, one of the world's biggest cryptocurrency exchanges, has been granted a crypto asset service provider license from the Central Bank of Bahrain (CBB).
Cake Box co-founder leaves CFO role after accounting scandal March 14, 2022 Cake Box co-founder and CFO Pardip Dass stepped down yesterday after 10 years at the company following an accounting scandal.
Prime Minister Boris Johnson confirms support for North Sea oil and gas industry March 14, 2022 Prime Minister Boris Johnson gave his backing to the North Sea oil and gas industry as the UK looks to ensure supply security.
Wheat prices spike as Russia threatens to suspend exports March 14, 2022 European wheat prices have risen amid threats from Russia it will suspend exports of wheat, barley, maize and rye.
Editorial: No sympathy for the sanctioned, but seizures are dangerous path to tread March 14, 2022 It is not easy to feel much sympathy for Oleg Deripaska, whose mansion on Belgrave Square was squatted by a group of protestors yesterday, ostensibly to reclaim it as a home for Ukrainian refugees. It is notably more than the Government itself has managed so far with regards to working out where and how the [...]
‘Like a rogue builder’: Inside the long-delayed City Hall relocation to the Crystal March 14, 2022 Sadiq Khan’s decision to move City Hall to the Royal Docks was always going to be a tough sell for Greater London Authority (GLA) staff used to the metropolitan surrounds of Southwark and a public largely apathetic toward local politics. The abject difficulties in renovating the Crystal, and the concomitant delays, have made this task [...]
Ford accelerates EV transition with seven new cars March 14, 2022 Ford has announced plans to introduce seven new electric vehicles to the European market by 2024 - including four commercial vehicles.
Russia-Ukraine talks boost London’s top indexes March 14, 2022 Reports of progress in talks between Russia and Ukraine boosted London’s top indexes today. The capital’s premier FTSE 100 index jumped 0.53 per cent to close at 7,193.47 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, soared 1.31 per cent to 20,471.25 points. Negotiations between [...]