Carney: Households have cut back since Brexit vote
[unable to retrieve full-text content]A year on from the Brexit vote households have cut spending – slowing the economy – says Bank of England’s Mark Carney.
Source: BBC News
Category: Articles
Email 'most common internet activity' in Britain
Emailing has held on to the top spot as the most common internet activity in Britain, despite the continued rise of social media, a survey has found. Some 82% of adults say they most often use the web for email, the Office for National Statistics reported – a
Why has Bank decided to print another £15bn?
Fifteen billion pounds. For those of you who’ve lived through the past decade – crisis after crisis, of governments routinely spending enormous amounts to bail out their banks – that might not sound like a lot of money. But, for what it’s
How Empowering Their Neighbors Helped Empower This Franchise
Image credit: Greg Shappell | Wild Wings This story appears in the July 2017 issue of Entrepreneur. Subscribe » Karim Webb and Edward Barnett have always loved Los Angeles. As kids growing up east of the city, they were pals. As adults, they’ve become prominent
Bank issues pay warning and cuts growth forecast
The Bank of England has cut its economic growth forecast for this year and next, warning that households will see a fall in their real take-home pay this year and that output growth will remain below its normal expansion rate for some years. The Bank’s Monetary
BA strike extended to August bank holiday
British Airways cabin crew who fly both long and short haul flights will strike for another two weeks during the summer holidays. It means they could now strike until the end of the month, prolonging their action from 16 August and taking in the bank holiday on 28
£14tn investor body wades into Worldpay row
A powerful shareholder body whose members manage assets worth £14tn has waded into the multi-billion pound takeover of Worldpay, the FTSE-100 payments group. Sky News has learnt that the Investor Forum, whose members include City institutions such as Legal &
ERA retain Franchisor of the Year crown!
For the second year in a row, Expense Reduction Analysts (ERA) have been named Bronze Franchisor of the Year by the British Franchise Association (bfa). Hundreds of entries from businesses spanning all industries and sectors were whittled down to a shortlist of five
Next shares jump after sales growth
Next sales have had a big boost from the retailer’s Directory catalogue and internet business.Overall second-quarter sales rose 0.7%, beating expectations, after an 11.4% jump from its Directory catalogue and internet business.However, full-price sales at Next
Bosses' fall in pay 'limited and late'
Top chief executives’ pay has fallen in the past year, but there is still “a huge gap” between them and the rest of their staff, a report has said.The bosses of FTSE 100 companies now make on average £4.5m a year, down 17% from £5.4m in 2015,