Aldi to bolster British suppliers, injecting £3.5bn a year into home grown businesses December 29, 2021 Aldi is set to bolster its UK-based suppliers next year, becoming the latest in a number of businesses trying to bring their supply chains closer to home. In recruiting more than 100 more suppliers in 2022, the move forms part of the supermarket chain’s bid commitment to increase its spend with suppliers on British soil [...]
Holiday-goers gear up for roaming fees as EE and Vodafone introduce European charges in new year December 28, 2021 EE and Vodafone users are set to be hit with controversial EU roaming charges from next month.
Donald Trump’s loss-making Scottish golf resorts hit by Brexit staff shortages December 27, 2021 The golf resorts of former US President Donald Trump in Scotland have been hit by Brexit job shortages, according to their their latest accounts. Accounts filed for the former US president’s golf course Trump Turnberry in Ayrshire by trading company Golf Recreation Scotland Ltd show the UK leaving the EU caused problems for the site. [...]
UK to remain one of the top six global economies post-Covid, says CEBR report December 26, 2021 The UK will stay as one of the top six global economies for the next fifteen years, according to a new forecast published by the CEBR.
Best of the year: Political opinion and Westminster analysis to make sense of 2021 December 25, 2021 Artificial intelligence has been at the very centre of the news agenda this year, with the government announcing a national AI strategy as part of its “levelling up agenda”. But how can ministers make use of this technology and regulate it if they don’t understand how it works? Brian Mullins was making this point back [...]
Major infrastructure changes needed to prevent future supply chain crises, says ex Tesco boss December 23, 2021 Major infrastructure changes are needed to relieve the UK’s supply chain struggles and prevent similar crises in the future, the government’s logistics tsar has reportedly cautioned. Former Tesco boss Sir Dave Lewis said that the “seismic move in consumer shopping habits… Together with a global shipping challenge, has shown the pressure on our existing supply [...]
Lockdowns a blessing in disguise for the City and Canary Wharf: Strict travel restrictions slowed Brexit exodus of bankers December 23, 2021 Three lockdowns in England made relocations for bankers in the City and Canary Wharf impossible, thereby significantly slowing an exodus of finance professionals post-Brexit. Closed borders and harsh travel restrictions imposed on the general public earlier this year led to banks postponing the relocation of some of its professionals, according to professional services firm EY. [...]
Ryanair expects losses to double as Omicron eats into bookings December 22, 2021 Low-cost carrier Ryanair is expecting its losses for the year ending March to double following concerns over the latest Covid variant, Omicron. The company’s shares on the ISE went down today 1.06 per cent to €15.43. The airline said its net losses will range between €250m to €450m, compared with €100-€200m that was previously estimated, [...]
Reeled in: EU council approves post-Brexit deal on shared fishing stocks December 22, 2021 The European Council has backed a deal between the EU and UK on their shared fishing stocks, after months of wrangling between both parties.
Brits ‘substantially’ more likely to experience food shortages than EU neighbours December 22, 2021 Brits are “substantially” more likely to have experienced food shortages in recent weeks in comparison with the UK’s European neighbours, according to the latest figures. Some 56 per cent of the UK have been met with fewer options for food, clothing, certain toys and electronic devices, a study by YouGov has found, as the country’s [...]