Wednesday, 24 July 2019

Tag Archives: business

UK keen to further trade ties with Pakistan

SIALKOT: Ms Belinda Lewis, British Deputy High Commissioner in Karachi, said that the UK will continue supporting Pakistani businessmen, assuring full cooperation and technical assistance for strengthening bilateral trade relations between the two countries. Ms Belinda Lewis was addressing a meeting of exporters here at Sialkot Chamber of Commerce and ...

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Sajid Javid hits back at business rates ‘scaremongering’

LONDON: “Unscrupulous” companies have been accused of trying to scare business owners into thinking their taxes will rise in order to make a profit. Communities Secretary Sajid Javid said “scaremongering” rating agents are manufacturing reports about business rates going up while “cynically” promising to help firms win an appeal against ...

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Tesco to merge with food wholesaler Booker in £3.7bn deal

THE grocery giant said the tie-up will create “the UK’s leading food business” and deliver significant cost savings for the combined group. Booker is the country’s largest wholesaler and owns the Londis and Budgens convenience store brands. The companies said the deal would bring “benefits for consumers, independent retailers, caterers, ...

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China launches first freight train to BRITAIN

LONDON: The first freight train travelling all the way from China to London has set off – on a journey that will cover a staggering 7,456 miles and pass through nine countries. The locomotive, stuffed with £4million worth of goods including socks and suitcases, departed from Yiwu West railway station ...

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Women face ‘sexist dress codes’ at work, report

A study into workplace dress codes has found “troubling” experiences affecting female workers forced to adhere to “sexist dress codes”. Women workers have been instructed to dye their hair blonde, wear revealing outfits and reapply make-up, a parliamentary report has found. Parliament held an inquiry into dress codes in the ...

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Banks could start revealing their Brexit plans as early as next month

LONDON: Banks may update investors on whether they intend to move operations out of London as soon as next month. UK-based lenders are finalising Brexit contingency plans to decide how much of their business they need to shift oversees to maintain relationships with international clients. Banks could start making announcements as ...

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Zero-hours contracts workers ‘face £1,000 pay penalty’

LONDON: Workers on zero-hours contracts typically earn £1,000 a year less than permanent employees, according to Resolution Foundation research. People on the controversial contracts face a “precarious pay penalty” of 6.6%, or 93p an hour, the think tank has estimated. For those who earn the least, the size of the ...

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UK business morale hits 18-month high in the fourth quarter

  LONDON: Morale in large British companies hit an 18-month high in the fourth quarter, bolstered by robust economic growth and recovering fully from a slump that followed the Brexit vote, a survey showed on Thursday. However, uncertainty about Britain’s divorce from the European Union meant businesses were still loath ...

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