Taylor Review calls for gig economy change

Taylor Review calls for gig economy change

The Taylor Review of Modern Working Practices, written by former policy chief Matthew Taylor, calls for cash-in-hand companies to switch to payment platforms in order to benefit workers. The gig economy, he says, gives too much power to the employer and one-sided flexibility puts all the risk on the workers....

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Pressure on stock exchange to recognise climate change risk

There has been mounting pressure on the financial sector to recognise and factor climate change risk into investment ratings in a move that would monetise the impact of climate change, encourage corporate environmental responsibility and safeguard the global economy against destabilising climate-related issues. Organisations like CDP, formerly the Carbon Disclosure...

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Hard Brexit: Banks drift to Frankfurt, Dublin, New York

Theresa May’s “Global Britain” speech in January confirmed government plans to leave the EU single market. The finance industry has been the most direct in estimating the number of jobs they may move from London operations to keep trading with EU ‘passporting’ rights. According to Bloomberg, Standard Chartered Plc and...

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Brexit leaves UK with 50/50 chance of recession

Brexit leaves UK with 50/50 chance of recession

The National Institute of Economic and Social Research claims a host of economic issues will disrupt the UK economy after the decision to leave the EU.     Uncertainty after the result in June could lead to a litany of market setbacks, claims the National Institute of Economic and Social...

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Mario Draghi warns Brexiteers ECB will do “whatever it takes to protect the eurozone”

President of the European Central Bank (ECB), Mario Draghi, has said to MEPs that the EU is prepared for “all contingencies following the UK’s EU referendum on 23rd June.     Throughout the referendum, the future of the British economy has frequently been called into question, with many on the...

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Brexit ‘could increase shopping bill by £220 a year’

Another argument can be added to the list of how Brexit could damage the country. A new report has recently suggested that a vote to leave could increase the cost of everyday items by £220 a year. These figures would leave the average family paying out an extra £123 a...

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Transport Minister meets the female engineers building London’s transport network

Rail Minister Claire Perry MP has joined female engineers from Transport for London (TfL), Crossrail and Network Rail who are building London’s transport network, and urged more women to consider a career in engineering and transport more widely. Claire Perry joined the women at Farringdon Station, which will provide Thameslink,...

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Official fuel economy figures become increasingly inaccurate

The average difference between the official fuel economy figures for new cars and their real-world results has grown to 24%, according to vehicle data experts Emissions Analytics. ‘This is a dramatic increase from the 16% average variance we first recorded in 2012,’ explains Nick Molden, CEO of Emissions Analytics. ‘New...

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London and the Royal Borough leads UK property slowdown

As London home sellers reduce their asking prices in the largest cut in over six years this August, experts have been arguing that there are strong signs that the London property market is finally beginning to cool down. House values in the capital have fallen 5.9% in the largest drop...

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