UK Financial Services Sector Bouncing Back

The UK’s financial services sector is in the vanguard of the economic recovery, with growth in finance sector jobs set to accelerate. According to the ‘CBI/PwC Financial Services Survey’, employment in the finance sector grew at its fastest pace since 2007 and expected employment growth for the first quarter of 2014 is the strongest since […]

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UK businesses report strong growth in fourth quarter

British businesses reported strong growth and rising confidence in the fourth quarter of 2013, suggesting the country’s economic recovery will pick up speed, a new survey shows. The British Chambers of Commerce said its quarterly economic survey indicated the overall economy grew by around 0.9% in the three months from October to December, faster than […]

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Immigration is a ‘boon’ for the UK economy, not a ‘burden’

Immigrants pay tax and the Organisation for Economic Cooperation and Development calculates that in the UK, they pay more into the pot than they take out – says think-tank One of the United Kingdom’s key economic advantages is its success at attracting skilled immigrants. In particular – the ability of London to generate the wealth […]

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Immigration: ‘Sell visas to the richest foreigners’

Visas to live and work in Britain should be sold to the highest bidder in a dramatic overhaul of the immigration system, Conservative MPs say today. An auction of visas among wealthy individuals and international companies, would ensure that only people able to contribute to the UK economy, the MPs suggest. The proposal for a […]

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Vince Cable: immigration ‘panic’ is harming the UK

Public “panic” over immigration is causing economic harm to the UK, Vince Cable has warned. The Business Secretary said overseas students were being deterred from studying at British institutions and tight visa controls were causing difficulties for foreign experts working in the country. He said foreign students were being caught up in the “very torrid […]

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UK small businesses urged to broaden financing options

The CBI employers’ group has urged small and medium-sized companies to consider a wider range of finance options to help them grow, including asset-based lending, equity investment and peer-to-peer lending. Launching an alternative finance guide, the CBI highlighted research showing high-growth medium-sized businesses could be worth up to an extra £20bn to the economy by […]

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Pret A Manger creates 500 UK jobs after profits rise

Sandwich chain to extend school-leavers’ programme nationwide after stacking up healthy profits in lean times Pret A Manger, the food chain known for its fresh lunchtime baguettes, sandwiches and wraps, is set to create 1,000 jobs worldwide, including 500 positions in the UK after a bumper boost in profits. However, the company is likely to […]

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