Minimum Wage Increase Puts Jobs At Risk of Automation

Business
Minimum Wage Increase Puts Jobs At Risk of Automation 5th January 2018.  The recent increase in Britain’s minimum wage is putting a growing number of workers at risk of being replaced by machines, a new study has warned. The Institute for Fiscal Studies (IFS)
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Consumer Borrowing Slows

Business
Consumer Borrowing Slows 5th January 2018. British households’ borrowing binge has fallen back to its slowest pace in two years, indicating the peak of the boom may now be in the past. Unsecured borrowing grew by 9.1 percent in the
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Small Business Confidence Plunges

Brexit
Small Business Confidence Plunges 5th January 2018. A record number of small businesses are planning to close down or sell up as inflation and weak demand from customers dents their prospects. According to a new survey from the Federation of Small
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UK Services Sector Saw Faster Growth In December

Brexit
UK Services Sector Saw Faster Growth In December 4th January 2018.  Britain’s services sector, including hotels and banks, grew at a faster rate than expected last month, setting the economy on course for its strongest quarter in 2017. UK households
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Retailers Expect Struggle With New Accountancy Standards

Business
Retailers Expect Struggle With New Accountancy Standards 4th January 2018. Up to 90% of UK high street retailers are not keeping competent accountancy records and are potentially living beyond their means, according to analysis by Aptitude Software. Aptitude Software estimates that
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