EconomyLoop
where regional business news becomes global to everyone

Greggs posts a tasty update as sales rise

As the bakery chain continues its bid to shake off its image as the home of sausage rolls, total sales climbed by 8.6 per cent in the 13 weeks to the end of September.... read more

 Daily Mail18 days ago

     
Three quarters of Brits suffer bullying in the workplace

Three in four British employees say they’ve witnessed bullying in their workplace, according to shocking new research. Workplace Bullying is mistreatment in the form of humiliating and intimidating conduct, such as gossiping about colleagues, excludi... read more

 SB18 days ago
SMEs suffering because of culture of slow payments in UK

Two thirds of UK SMEs are of the opinion that there is a culture of slow payments in the UK, with the problem particularly acute in London (73 per cent), the South West (72 per cent) and Northern Ireland (87 per cent). The results were obtained from ... read more

 SB18 days ago
CFOs and finance directors share their hopes for the Autumn Budget

The Autumn Budget will be announced on 22nd November, and Close Brothers Business Barometer, (a quarterly survey of over 900 UK-based SMEs,) has revealed the main ambitions of UK CFOs and financial directors for the second Budget of the year. The hop... read more

 SB18 days ago
Earning more and working less: the rise of the silver self-employed

The silver self-employed earn more and work fewer hours than their younger counterparts, according to findings from the ‘Definitive Study of the Self-employed’, commissioned by Intuit QuickBooks. The research of over 5,000 self-employed workers in th... read more

 SB18 days ago
Monarch collapse: government hoping to cut £60m repatriation cost

With 110,000 people to be repatriated, DfT says it is looking at splitting some of cost with tour operators and credit card firmsThe government is hoping to reduce the estimated £60m cost to taxpayers of bringing 110,000 Monarch customers back to the... read more

 The Guardian18 days ago
World stock markets hit record highs; UK construction report awaited– business live

MSCI All Country World Share Index has reached a new peak after another rally on Wall Street. But how did Britain’s builders fare in September?World markets hit new recordsIntroduction: UK construction PMI at 9.30am 8.28am BST World stock markets hav... read more

 The Guardian18 days ago
MARKETS LIVE: London shares flat

Heating and plumbing products supplier Ferguson reported a near 25 per cent rise in full-year trading profit from ongoing business, as a strong U.S. performance offset weak British growth.... read more

 Daily Mail18 days ago
10 new cars that cost less than an Apple iPhone X contract

If you pre-order a 64GB iPhone X network provider EE will offer you 100GB of data for £82.99 a month. But for a smaller payout each month you could instead bag yourself one of these cars.... read more

 Daily Mail18 days ago
First Direct pays current account switcher £125 cash

First Direct has ramped up its efforts to sign up new customers by boosting its cash switching incentive to £125 - so should you snap it up?... read more

 Daily Mail18 days ago
Dragons' Den stars on £75k investment from Deborah Meaden

Fresh from their successful appearance on BBC's Dragons' Den, Andy Jefferies and Ben Muller spoke to This is Money about the experience.... read more

 Daily Mail18 days ago
British Gas broke into my flat and changed the meter

I don’t want a pre-paid meter, but I do want accurate billingI have spent months trying to get British Gas to sort out a meter problem in an empty flat we are renovating. In January the company changed the meter and I paid the final bill for the old ... read more

 The Guardian18 days ago
Otterburn Castle – in pictures

Ever fancied being a landowner? You get 32 acres for your £1.4m … and much more Continue reading... read more

 The Guardian18 days ago
Adani needs Carmichael mine to stave off income crash, report says

The Indian mining giant faces plummeting revenue and risks losing the Abbot Point coal terminal, while new questions have arisen about its ownership structureAdani’s ambitions face a grave new risk in Australia, where its grip on its only operating a... read more

 The Guardian18 days ago
Jamie Oliver loses £10m as he shuts failing Italian diners

The 42-year-old closed his restaurants in Aberdeen, Exeter, Cheltenham, Richmond, Tunbridge Wells and Ludgate Hill, near St Paul’s Cathedral, taking a £10.9m hit.... read more

 Daily Mail18 days ago
CITY DIARY: HSBC boss Stuart Gulliver

A senior political lobbyist claims a headhunter asked him for recommendations for a speechwriter for Gulliver, promising a 'managing director' level salary.... read more

 Daily Mail18 days ago
Monarch's frantic calls to sell off its failing business

EasyJet, British Airways and Norweigian were all approached by owner Greybull and accountants KPMG last week and offered the chance to take control of the failing business.... read more

 Daily Mail18 days ago
BT is holding back Britain, slams Ofcom

Sharon White, chief executive of Ofcom, warned a High Court battle with BT-owned EE and rival Three threatened to delay the rollout of faster internet services for smartphones.... read more

 Daily Mail18 days ago
ALEX BRUMMER: Tories must shake up our current regulators

Left to their own devices companies generally put profits, dividends and the share incentive pay for executives ahead of the consumer or public interest.... read more

 Daily Mail18 days ago
Elliott Management made £3.6m in UK profits last year

The aggressive investor, founded by billionaire New Yorker Paul Singer in 1977, has been locked in a bitter feud with Dulux paint maker Akzo Nobel over its sluggish performance.... read more

 Daily Mail18 days ago
MARKET REPORT: Short sellers attack chip designer IQE

Leading funds Coltrane Asset Management, Ennismore Fund Management, Marshall Wace and World Quant are all shorting the stock, meaning they expect it to fall.... read more

 Daily Mail18 days ago
Builders hit record high after £10bn Help to Buy boost

In a bid to woo young voters in particular, the Prime Minister said the extra funding would help around 135,000 more families to buy homes by 2021.... read more

 Daily Mail18 days ago
DIRECTOR'S DEALS: Hargreaves Lansdown's Stephen Lansdown

Stephen Lansdown, 65, flogged 17.3m shares, and now holds 12.3 per cent of the firm worth more than £863m. The married father of two has not been involved in HL since 2012.... read more

 Daily Mail18 days ago
Ford hiring technicians for electric and hybrid cars

Bosses said they need new recruits with cutting-edge software, electronic and electrical skills - who could earn up to £45,000 a year.... read more

 Daily Mail18 days ago
DAILY BRIEFING: Angling Direct buys £3m Fosters Fishing

Fishing equipment retailer Angling Direct has snapped up rival Fosters Fishing, a superstore located on the outskirts of Birmingham, for £3m.... read more

 Daily Mail18 days ago
A shortage of airline pilots? I wonder why | Brief letters

Ryanair | Kipling | Sunday lunch spots | Getting theatre tickets | Twitter | Dairy intoleranceWe keep hearing that the Ryanair crisis is due to a shortage of trained pilots (Opinion, 30 September). According to the CAA, just 6% of British pilots are ... read more

 The Guardian18 days ago
Former Tesco executives were warned of profits hole, court told

Directors refused to deal with multimillion-pound gap in accounts even though it was ‘spiralling out of control’, says SFO lawyerThree former Tesco directors were repeatedly warned by their juniors that the UK chain was facing a multimillion-pound pr... read more

 The Guardian18 days ago
Monarch collapse: government denies it should have warned of airline's troubles

Department for Transport defends actions as operation begins to repatriate 110,000 passengers and 1,858 staff lose jobsEverything you need to know about the Monarch collapseTell us how you have been affectedThe government has denied that Monarch Airl... read more

 The Guardian19 days ago
May's help-to-buy extension is another boon for housebuilders | Nils Pratley

Throwing another £10bn at the subsidy scheme will do nothing to improve the UK’s underlying housing problemWhen former chancellor George Osborne launched his help to buy housing scheme in 2013, wise heads warned that, once a government starts subsidi... read more

 The Guardian19 days ago
Lancashire fracking row rages on: ‘Theresa May forced it on us’

As horizontal drilling starts in Fylde this month, the Guardian talks to protesters and get a look inside the Cuadrilla siteMike Hill, sitting in his living room a few miles from a fracking site outside Blackpool, is brandishing a government letter b... read more

 The Guardian19 days ago
Retirees unwilling to sacrifice THIS to pay for old age care bills

BRITONS do not want to sacrifice their family homes to pay any old age care bills, new research has found.... read more

 Daily Express19 days ago
What is the best way to manage your emails at work?

Do you believe emailing gets in the way of more important tasks at work – or that checking your inbox only a few times a day is the most efficient approach? New research by a Kingston University email expert is challenging some of the commonly-held b... read more

 SB19 days ago
Electric car owners 'can drive for free by letting energy firms use battery'

Savings from a new scheme will cover the £350-£400 annual cost of charging a Nissan Leaf, says electricity supplier OvoElectric car owners will be paid for letting an energy company use their vehicle’s battery, in a pioneering scheme to drive take-up... read more

 The Guardian19 days ago
Does travel insurance cover Monarch Airline collapse?

We take a look at the big consumer questions being asked around the Monarch Airlines failure and consumer protection in general.... read more

 Daily Mail19 days ago
HMRC report fall in PCL Stamp Duty contribution

London Central Portfolio has carried out a detailed analysis of HMRC’s Annual Stamp Duty Statistics 2016-16, published on 30.09.17 Residential Stamp Duty receipts increased 17 per cent to £8,590 million in England and Wales due to the introduction of... read more

 SB19 days ago
Economy Energy is rated at the UK’s worst energy firm

The data looks at 18 of the biggest energy suppliers on the market and gives each a score based on factors including customer service.... read more

 Daily Mail19 days ago
Online investment management platform Nutmeg losses widen

Pre-tax losses at the firm went up from to £9.3million in 2016 as operating expenses increased by nearly £1.2million to £11.9million.... read more

 Daily Mail19 days ago
Customer haunted by bills TWO YEARS after energy switch

A POWER company’s chaotic billing systems surfaced to stalk a former customer with a huge demand some two years after she had switched.... read more

 Daily Express19 days ago
‘Doomsday preacher’ on Wimbledon train causes passengers to flee

Panicked commuters force open doors and spill on to tracks after man wearing rucksack recites Bible versesHundreds of thousands of commuters experienced major disruption during rush hour on Monday morning after passengers evacuated from a train in Lo... read more

 The Guardian19 days ago
Catalan referendum puts Euro under pressure as Dollar starts month on high

THE dollar started the month on a high note on Monday, underpinned by higher US yields, while the euro came under pressure as investors monitored the aftermath of an independence vote in Spain's Catalonia.... read more

 Daily Express19 days ago
Ryanair pilots form unofficial union in battle with Michael O'Leary

Staff seeking better employment terms coordinate action in attempt to circumvent chief’s refusal to recognise unionsRyanair pilots have formed an unofficial trade union and are invoking the spirit of Winston Churchill in a battle with chief executive... read more

 The Guardian19 days ago
Uber's UK boss quits as worldwide chief flies in for London licence talks

Jo Bertram announces departure as CEO Dara Khosrowshahi arrives to meet Transport for London over rowThe Uber executive responsible for the UK has quit the ride-hailing company, as its worldwide boss prepares to meet London transport chiefs in a bid ... read more

 The Guardian19 days ago
'It’s disgraceful': passengers and crew react as Monarch folds

A bride and groom at Gatwick are among those whose travel plans have been ruined by the collapse of the British airlineMonarch Airlines passengers booked on early morning flights arrived at Luton, Gatwick and other airports to find the company had go... read more

 The Guardian19 days ago
SME marketing: Six tools to start using immediately

You own a small business. You need to establish your brand and compete with more senior services. And you have a shoestring budget. While your situation might feel constrained, the reality is you have tons of options. Small business owners are operat... read more

 SB19 days ago
Should I let my customers pay in Bitcoin?

I run a small digital marketing business and a couple of my regular clients have asked if they can pay their invoices in bitcoin. Can I even do this?... read more

 Daily Mail19 days ago
Bank of England tells lenders to find £116bn to help prevent bailouts

Threadneedle Street unveils package of measures to avoid taxpayers having to step in as they did with RBS and Lloyds The Bank of England has ordered big lenders in the UK need to find £116bn of funding as part of a series of measures to ensure that t... read more

 The Guardian19 days ago
O2's £10bn flotation is put on hold

MOBILE operator 02 could be forced to wait until next year to press ahead with a long-awaited £10billion stock market flotation following delays to a crucial airwaves rights auction.... read more

 Daily Express19 days ago
Solid track record justifies RPC’s optimism - SHARE HUNTER

A BRIEF update from FTSE 250-listed RPC Group – which makes everyday plastics spanning everything from inhalers to yogurt pots and drinks bottles – caused the shares to rise 3.8 per cent.... read more

 Daily Express19 days ago
Everything you need to know about the collapse of Monarch Airlines

What caused the crisis at the British airline and what can passengers expect now?Monarch, Britain’s longest-surviving airline brand, has gone into administration, leaving all flights grounded with 110,000 passengers abroad. The government has asked t... read more

 The Guardian19 days ago
Pound v US dollar: GBP drops sharply as UK manufacturing dips

A TEMPORARY blip in UK manufacturing activity has led to the pound making a -0.6 per cent loss against the US dollar today.... read more

 Daily Express19 days ago