The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population, according to a charity warning of an ever-increasing and dangerous concentration of wealth.
Tags: economics
UK firms balk at thought of Brexit
After yesterday’s stock market wobble and the theatrical tete-a-tete in the Commons between David Cameron and Boris Johnson, UK business leaders are now taking aim at Britain’s potential exit from the European Union, claiming that Brexit would put the nation’s economy at risk.
Employers facing talent poverty as skills shortages rise 130% in four years
New research has found that the modest economic growth of the past four years has been met by an unprecedented shortage of skills, leaving thousands of vacancies unfilled.
Spanish telecoms firm to pay employees not to work
Spanish telecoms firm Telefónica is set to offer long-serving staff aged over 53, the opportunity to stay at home, and not work, on 68 per cent of their salary.
Investment banks slash graduate recruitment targets
Investment banks in London are scaling back their graduate recruitment targets for 2016, after a difficult final quarter.
Flourishing small businesses helping to turn productivity tide
Two-thirds of UK small businesses have taken steps to improve productivity over the past year and exactly half now expect their output to grow over the next two years. The news follows years of falling British productivity in comparison to the United States and Europe. The new figures came to light in a new report launched by Albion Ventures, one of the largest independent venture capital investors in the UK.