Ineos shuts down production – now watch the costs travel downstream

                 This is an abbreviated article by Liz Barclay – read the full article at Business111.com/news Sir Jim Ratcliffe is mothballing three Ineos chemical plants in Hull and putting the blame squarely on “ridiculously high” gas prices. Ineos says European gas now costs 12 times as much as in the US and that itsContinue reading “Ineos shuts down production – now watch the costs travel downstream”

Good GDP news could bring bad news on interest rates

                 This is an abbreviated article by Liz Barclay – read the full article at Business111.com/news Britain’s economy has unexpectedly grown by 0.4% in July. Great news. Except stronger growth could make the Bank of England more willing to put interest rates up, with some City economists reportedly predicting as many as four increasesContinue reading “Good GDP news could bring bad news on interest rates”

The City is tackling workplace bullies—but what about everyone else?

                 This is an abbreviated article by Liz Barclay – read the full article at Business111.com/news Nearly 40,000 financial firms are coming under tougher rules governing serious workplace misconduct. The changes should make it harder for abusive managers to escape scrutiny by moving jobs. It is a major step for the City—but bullying andContinue reading “The City is tackling workplace bullies—but what about everyone else?”

Pharmacy tax bomb could devastate Britain’s high streets

                 This is an abbreviated article by Liz Barclay – read the full article at Business111.com/news Hundreds of community pharmacies could disappear as soaring business rates collide with already stretched NHS funding. A National Pharmacy Association survey of 420 pharmacies found 48% were considering closing and 55% looking at relocating to escape unaffordable rates.Continue reading “Pharmacy tax bomb could devastate Britain’s high streets”

Too hot to trade as extreme weather hammers productivity and pushes business bills higher

                 This is an abbreviated article by Liz Barclay – read the full article at Business111.com/news Britain’s scorching summer isn’t just uncomfortable. It’s becoming an economic crisis. Extreme heat had already cost the UK an estimated £4.4 billion by the end of July, according to analysis from green thinktank Verdant. June alone reportedly costContinue reading “Too hot to trade as extreme weather hammers productivity and pushes business bills higher”