Glc business services

It takes a long time for economies to recover from a financial crisis, as was demonstrated after the Wall Street crash of 1929 and the world recession that followed. Similarly, it has taken a decade for the British economy to recover from the banking crisis of 2007-09 – and, indeed, it is begging the question to assume that the recovery is complete. Far from it. As is being increasingly recognised, recovery was stifled by an ill-conceived austerity programme whose deleterious effects played no small role in the outcome of the 2016 referendum. The economic and social damage has been such that what the country requires is a government with the imagination and determination of the post-1945 Attlee government. In which context, the independent National Institute of Economic and Social Research is to be congratulated for its imminent publication of Beyond Brexit: A Programme for UK Reform, a product of the newly formed Policy Reform Group. Edited by the economists John Llewellyn and … [Read more...] about Brexit is a national tragedy in the service of narrow self-interest

Amazon is investing millions in Deliveroo in a boost to the UK-based food delivery service as it takes on rivals such as Uber Eats and Just Eat in a competitive market. The online giant is the lead investor in a $575m (£450.8m) financing round, which also includes the existing investors T Rowe Price, Fidelity Management and Research Company, and Greenoaks. Deliveroo said it had raised a total of $1.5bn since it launched in 2013. Deliveroo will use the funding, which values the business at as much as $4bn, to “invest heavily” in expanding its technology team at its London headquarters, further expand its geographic reach and open more of its delivery-only kitchens. Significantly, Deliveroo said it would also use funds to develop “new tools to offer riders flexible and well-paid work”. The company has been heavily criticised for its treatment of the 60,000 riders who make its deliveries. Riders are not employed directly and are paid per delivery. Will Shu, … [Read more...] about Amazon invests in food courier service Deliveroo

British companies have expressed concerns that Boris Johnson’s new Brexit deal could leave industry worse off than under the previous agreement with the EU. Businesses, investors and economists have been almost unanimously in favour of the UK securing a withdrawal deal with the EU to avoid a no-deal Brexit, and markets appeared to welcome a diminished risk of a chaotic break on 31 October after the UK and EU unveiled a revised deal on Thursday. Sterling initially surged on news of the agreement to a five-month high of $1.2988 against the US dollar. However, in volatile trade, the currency later gave up all its gains, falling as low as $1.2756 after the Democratic Unionist party said it would not back the deal. The FTSE 100 rose by 0.52% to 7,182 points. The vast majority of the 141 clauses contained in the revised political declaration published by the UK and the EU remained identical to that agreed by Theresa May. But the line in the declaration that “the United Kingdom … [Read more...] about British businesses say new Brexit deal worse than May’s deal

All is not well in the land of the pizza. After an explosion in the number of chains selling some version of dough topped with tomato and cheese, the sector has been singed. Pizza Express had to fend off speculation last week that it was going under as it entered talks to restructure £1.1bn of debt. Strada, Zizzi and Prezzo have closed hundreds of branches. These tales of woe reflect the rise and fall of the wider casual dining scene, which has suffered a surge in closures, including Jamie Oliver’s UK restaurant empire. Too many restaurants, rising costs and consumer wariness have slashed margins and turned boom to bust. Diners’ tastes are also changing rapidly and the rise of aggregator delivery services such as Deliveroo and Just Eat has given people more options for ordering in. The upheaval has even affected Domino’s Pizza, the delivery chain that reports on third-quarter trading on Thursday. Until recently Domino’s seemed unstoppable, as households … [Read more...] about Domino’s struggles as rival delivery services threaten to topple it

A woman has died in hospital after crashing her car into a fire truck at a busy intersection in Canberra on Monday afternoon.  Emergency services were called to the intersection of Bowen Drive and Brisbane Avenue in Barton at around 2pm.  Detective Acting Station Sergeant Marcus Boorman said the intersection will be closed for several hours as police investigate what cause the horror collision. 'The driver of the vehicle that was struck by the fire truck sustained serious injuries and tragically has passed away at hospital later this afternoon,' Sgt Boorman said.  Police are currently on the scene speaking with witnesses of the crash. They have encouraged anyone with information to contact them. Emergency services were called to the intersection of Bowen Drive and Brisbane Avenue in Barton at around 2pm, after a fire truck collided with a car, killing the female driver  RELATED ARTICLES Previous 1 Next Australia's most dangerous roads are revealed - as … [Read more...] about Tragedy as woman dies after crashing her car into a fire truck at a busy intersection