Manufacturing output expectations fall amidst COVID-19 outbreak – CBI Manufacturing output expectations dropped to their weakest since the financial crisis, as the COVID-19 outbreak gained pace in the UK and Europe. That’s according to the latest CBI monthly industrial trends survey conducted between 25 February and 13 March. In another […]
Business, Economy, Gov & Politics
COVID-19 Pandemic Impact: Production of Smartphones Will Fall as Much as 30% in the First Half of 2020
OYSTER BAY, NEW YORK – 24 Mar 2020 The Coronavirus outbreak is expected to lead to a huge reduction in the production of smartphones, potentially falling by as much as 30% in the first half of 2020, states global tech market advisory firm, ABI Research. “The ripples from China will […]
Banks emerge as part of solution to Covid-19 economic crisis
The operating environment for European banks will be challenging, but resolution and senior debt bail-in are extremely unlikely. Banks will have to be a key piece of the puzzle as authorities seek to minimise long-term economic loss. So far, only a few banks have issued explicit profit warnings as a […]
Investors seeking positive opportunities amid coronavirus gloom
Investors are now actively seeking ‘new world’ sectors and companies as the world readjusts to life with coronavirus and looks ahead to an economic recovery. The assessment from Nigel Green, the chief executive and founder of deVere Group, one of the world’s largest independent financial advisory organizations with operations in […]
How Businesses Can Survive In Coronavirus Lockdown
With commerce drying up and the entire service economy grinding to a halt in the wake of the ongoing COVID-19 pandemic, it is imperative that business leaders, from the captains of industry to mom and pop bakeries, take pains to navigate this crisis carefully and deliberately. This is not the […]
45 Quotes That Celebrate Teamwork, Hard Work, and Collaboration
Quotes About Collaboration “Alone we can do so little; together we can do so much.” – Helen Keller “Talent wins games, but teamwork and intelligence win championships.” – Michael Jordan “Teamwork begins by building trust. And the only way to do that is to overcome our need for invulnerability.” – […]
Interest rate rise is another unwelcome dampener on retail spend
GlobalData says: “…another unwelcome dampener” Following today’s (Thursday 2 August) increase in UK interest rates, Patrick O’Brien, a leading data and analytics company, “While the Bank of England believes that the UK economy is in strong enough shape to withstand an interest rate increase, UK retailers will be scratching their […]
Research Shows Parents Provide Financial Help to 1 in 4 New Buyers
Recently released figures have shown that UK parents will help 316,000 grown-up children purchase their first home in 2018 – making up a quarter of all new home purchases. UK-based First Mortgage – which provides free advice services to prospective homeowners – has been assessing the figures and what this […]
Private water company top brass paid £175 million
Water bills have gone up 40% in real terms since the industry was privatised, now we know where that cash is going – the pockets of bosses, says GMB Union Senior management in England’s nine privatised water and sewerage companies were paid more than £175 million over the past five […]
1 in 4 Employees will LIE About Illness THIS FRIDAY To Avoid Work
27% of employees plan to lie about illnesses to get the day off work this Friday, a survey reveals. “Sorry, won’t make it in today – must be something I ate” – a common excuse phoned in to workplaces across the UK, typically as the summer weather delivers scorching temperatures. […]