The Independent reports that UK’s productivity continued to decrease into the second quarter of 2017, looking increasingly likely that a decade of productivity stagnation will occur More….
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UK third most cashless country in the world
The UK uses cash less than most other countries in the world The Telegraph reports, with only Canada and Sweden using cash less as a means of payment. More….
UK personal finances bulletin
R3’s has published it’s latest UK personal finances bulletin which shows two-fifths (41%) of British adults are at least fairly worried about their current level of debt, while a similar proportion (40%) say they sometimes or often struggle to make it to payday, says insolvency and restructuring trade body R3. […]
Rising beer prices are turning pubs into an ‘unaffordable luxury’
A campaign group warns pubs could close unless the Government cuts business rates reports The Independent. More….
Why central banks are not hitting their 2% inflation target
Nouriel Roubini for the Guardian discusses how growth and inflation are out of sync in most developed nations, causing bubbles and crises. More…..
Mary Taylor and Kate Breese present the winners trophy
Mary Taylor and Kate Breese present the winners trophy at Redcar races.
UK financial services optimism worst since 2007 credit crunch
The Independent reports that banks and building societies are increasing pessimistic about business conditions with uncertainty over Brexit. More….
Surge in older workers with jobs as retirement dates creep back
Elderly workers are fuelling Britain’s jobs miracle as more people put off retirement and work later in life reports the Telegraph. The employment rate for those aged between 50 and 64 hit a record high of 71.2pc in the three months to June, and remained close at 71.1pc in the […]
FCA refuses to publish leaked RBS report into disgraced unit
The Independent reports that a document revealed 92 per cent of ‘viable’ firms seen by the bank’s Global Restructuring Group experienced ‘inappropriate action’, the BBC has reported. More…
Pub industry pressures causing ‘early warning signs’ over debt, Moody’s warns
The Telegraph reports that the UK’s debt-laden pub giants are beginning to struggle because of a squeeze on earnings and rising costs, according to an industry stress test by ratings agency Moody’s. More…
