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 […]
Employment in UK
Profitable Debenhams announces plans for 17 new stores
Department store chain Debenhams has announced plans to open 17 new stores as it defied the gloom on the high street by reporting a 4.2% rise in pre-tax profits. The UK’s second-largest department store group, behind John Lewis, said on Thursday that the new premises will take its British estate to 171 shops and allow […]
Oil services giant looks to the UK
A global oil services group hopes to expand its presence in the UK after announcing plans to reposition one of its branches in the north east of England. Aker Solutions hopes to create 100 new posts over the next three years as its drilling technologies business moves into new premises next to the company’s existing […]
UK Technology Sector Received 600 million pounds investment in first half of 2012
UK technology start-ups received a record high investment in the first half of 2012, with nearly 600 million pounds. This amount is the highest UK has received in last 10 years. Most of the investments are going to internet, cleantech businesses, and mobile and digital media companies. Some of the major venture capitalist companies that […]
