The appointment process of current BBC Council Chairman Richard Sharp will be reviewed for possible conflicts of interest, it was announced yesterday. Sharp was alleged to have helped the then Prime Minister Boris Johnson arrange a loan guarantee shortly before his appointment.more
More and more Dutch banks are closing physical branches, reports RTL Nieuws. Even at the beginning of this century, there were over 6,000 in the Netherlands. bank branches, and currently there are about 420 of them, a decrease of 93 percent.more
Contrary to widespread belief, the majority of Western companies have not withdrawn from Russia since the start of the aggression in Ukraine, writes think-tank Eurointelligence in an analysis citing two studies by the Swiss University of St Gallen and the US-based Yale. The G7 and EU companies that still have subsidiaries in Russia are 19.5 per cent from Germany and 12.4 per cent from the US.more
Amid a deepening cost-of-living crisis in Britain, King Charles III announced that an expected surge in profits from wind farm deals that could have boosted the royal coffers should instead be spent on the public.more
Sir James Dyson has accused the government of having a "stupid" and "short-sighted" approach to the economy and business in the UK. He said growth had "become a dirty word" during Rishi Sunak's premiership.
Writing in the Daily Telegraph, the Dyson founder urged the government to "incentivise private innovation and demonstrate its ambition for growth".more
The current tax system is unfair, benefiting the richest, which exacerbates inequalities and undermines public trust. Taxes for the richest must be increased, said over 200 billionaires and millionaires from 13 countries in an open letter addressed to the participants of the World Economic Forum in Davos, Switzerland.more
Marks & Spencer has said it will create 3,400 jobs across Britain as part of plans to revamp its stores. It plans to open eight "full-line" stores - which stock clothes, food and homeware - in cities such as Liverpool, Birmingham and Leeds in the next year.more
The Polish economy was resilient to numerous global shocks and rebounded faster than expected after the 2020 recession. Nevertheless, the Polish economy will slow down sharply to less than one percent in 2023, economists from the World Bank said.more
Consulting firm Bain & Company has been named the best place to work in the UK, according to research conducted by jobs website Glassdoor. It was followed by technology company ServiceNow and Boston Consulting Group.more
It’s tough to argue the great egg shortages of 2022 were a surprise. Way back in the spring, farmers were warning they’d halt production unless the big supermarkets started paying more.more
From January 1, 2023, the UK, as announced, will completely stop imports of Russian liquefied natural gas (LNG), the British Foreign Office reminded on Twitter.more
Demand for central London office space surged by a quarter this year year despite the continuing popularity of hybrid working, new figures reveal today.more
The report comes after supermarket giant Tesco axed its meat, fish and deli counters in more than 300 stores earlier this year as part of a major overhaul of its business.more
Twitter owner Elon Musk announced yesterday that he would step down as Twitter chief executive as soon as he found someone 'foolish enough' to take on the role. He did so after a majority of voters in a poll he organised favoured his departure.more
The proportion of the workers who exited the workforce during the pandemic and have not returned since is higher in the UK than in nearly any other developed economy, new data has revealed.
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