Whitbread, the parent firm of the Costa Coffee and Premier Inn brands, will create 12,000 new jobs in the UK over the next five years. Rising profits across Whitbread’s businesses in 2012 has helped the hotel and restaurant chain to invest in growth over the coming years. The bumper job creation announcement is the latest […]
London Olympics 2012
U.K. Unemployment Falls as London Olympics Boost Job Creation
U.K. jobless claims unexpectedly fell in September and a wider measure of unemployment dropped to the lowest rate in more than a year as the London Olympics helped push employment to a record. Jobless-benefit claims fell 4,000 from August to 1.57 million, the Office for National Statistics said today in London. The median of 27 […]
UK economy is growing at last, says Ernst & Young
Forecast based on upturn in spending will not be enough to prevent a 0.2% fall in GDP for 2012 as a whole. Britain will return to growth in the second half of the year thanks to a rise in consumer spending and a revival of high street sales, according to Ernst & Young (E&Y). But […]
Work in progress to cash in on Olympics & Paralympics’s business legacy
Trade Minister Lord Green and Olympics Legacy Ambassador Seb Coe are determined to take the success of London Olympic and Paralympic Games to new heights. There will be massive promotion for British skills, products and services throughout the world. Seb Coe said: “The extraordinary success of the London 2012 Games has shown the best of […]
Upcoming Powerful Cities of UK
London Olympics has given hope to many in UK. The post Olympics era is seeing a number of companies marking their debut or opening new branches in UK. Not only London, other cities have also been considered equally for investments by foreign and domestic firms. UK is on the verge of becoming the most powerful […]
British Manufacturing Firms Need More Employees
As per the latest findings by The UK Commission for Employment and Skills (UKCES), manufacturing companies in UK lack workforce as they are not able to find eligible professionals. Shortage of skilled professionals is affecting the productivity of this sector. The small and mid size companies are affected the most. There is a dearth of […]
Housing Makes UK Wealthier
As per latest reports by The Office for National Statistics (ONS) the total assets accumulated by households, businesses and the state is worth 6.8 trillion pounds. This comes to an average of 110,000 pounds for every person including children in the UK. Property made up the biggest wealth in UK. The valuation on wealth has […]
