ALL about business and work industry
Output and new orders are experiencing contractions at levels rarely witnessed except during crisis periods like the COVID pandemic and the global financial crash of 2007-2008. This situation is being compounded by a challenging combination of escalating interest rates and inflation. The British manufacturing sector is facing its most challenging month since the initial stages […]
Over the past five years, the UK has witnessed the disappearance of around 6,000 shops from its high streets, as reported by David Connett. Recent shop vacancy research underscores the plight of retailers, particularly smaller, independent stores, struggling under economic pressures. Earlier this month, record-breaking numbers of retailers were reported to be going out of […]
UK Electric Car Manufacturers Call for Adoption of Five Pledges to Drive £106bn Growth in EV Industry by 2030 The Society of Motor Manufacturers and Traders (SMMT) has launched the ‘Manifesto 2030: Automotive growth for a zero emission future’, urging the government to implement vital changes in support of the UK electric vehicle industry. Electric […]
A recent study conducted by PageGroup, a recruiter in the FTSE 250, reveals that the ‘great resignation’ trend is not short-lived, as nearly half of UK white-collar professionals are actively searching for new job opportunities or planning to do so in the next six months. The research, based on responses from 2,145 participants, further indicates […]
The British industry is making a push to turn carbon capture into a reality, seeking fast-track approval for projects and clear government policy to provide a cornerstone for the green economy. British industry is pushing for the development of a carbon capture and storage (CCS) sector, which would reduce emissions and serve as a cornerstone […]
The British Broadcasting Corporation (BBC) interviewed some British employers who have decided not to adopt the four-day workweek, despite the positive results seen in experiments conducted in the United Kingdom. According to the BBC website, the UK has begun to draw conclusions from the six-month experiment where 61 companies tried a four-day workweek. The results […]
By utilizing administrative tax records, we examine the tendencies in personal pension savings for self-employed individuals with prolonged work tenure in the United Kingdom In the UK, the count of self-employed individuals has shown a rapid increase in recent years. However, their involvement in private pension schemes has substantially declined during the same period, causing […]
Britishvolt, which wanted to set up a battery factory for electric vehicles in the United Kingdom, is in receivership. After narrowly avoiding bankruptcy in November 2022, it is heading towards dismantling this time. It’s over for Britisvolt. After escaping bankruptcy in November 2022, the British start-up has just been placed in receivership. It “has been […]
The British company Velocity Patching has developed a machine for repairing road potholes. In less than 4 minutes, special equipment completely eliminates road defects. The process of minor road repair using Velocity Patching involves cleaning and sealing the hole, which is then filled with a special compound. How does Velocity Patching work? Two or three […]
The UK is facing a shortage of antibiotics amid an outbreak of streptococcal infections. This is reported by the British edition of the Daily Mail. According to the publication, there has been an increase in the number of cases of infection with streptococcal (group A) infection in the country, from which seven children have already […]
