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[1 Apr 2017 | No Comment | ]

Tim Barlow pushes a green stamp onto the edge of an unfinished plate, leaving behind the words “Made in England.”
It’s still a piece of unglazed gray clay, a far cry from the gleaming decorated disc of Wedgwood Jasperware it will become, but Barlow and his employers are betting those words will be a selling point as Britain begins the process of leaving the European Union.
“It takes on a greater importance now we’re coming out of Europe,” he says, matter-of-factly. “We’re standing on our own now.”
It’s not just Wedgwood, the 258-year-old …

Money Matters »

[20 Feb 2017 | No Comment | ]

A WOMAN who struck gold, winning more than $1.6 million in a major lottery, is considering suing the game’s organisers after saying the prize money “ruined her life”.
Jane Park, from Edinburgh in Scotland, scooped one million pounds in 2013 in the Euromillions draw. She was just 17 at the time.
Now 21, Ms Park, who owns two houses, said that while her friends are stressed because of being badly paid, “no one who really understands [how] I feel.”
She told Britain’s Sunday People newspaper that she was considering taking legal action against …

Career News & Advice »

[7 Nov 2016 | No Comment | ]

Compensating carmakers in Britain for any post-Brexit tariffs on exports to Europe could see the government hand the companies more money than they need to pay the salaries of all their British workers, a Reuters analysis of corporate filings shows.
Japan’s Nissan said in September it would only commit to new UK investment if it received a guarantee of compensation to offset any such tariffs. Last week, it agreed to build new models in the country after Prime Minister Theresa May assured it the government would provide support to preserve its …

Headline »

[27 Oct 2016 | No Comment | ]

Paul Beatty became the first U.S. author to win the Man Booker Prize—the world’s most prestigious English-language literary award—for his novel “The Sellout” on Tuesday.
The jury said the novel was a “shocking and unexpectedly funny” portrayal of his native Los Angeles, which employs satire to explore racial equality in a fictional neighbourhood.
“I can’t tell you guys how long a journey this has been for me,” the writer, overwhelmed with emotion, said as he received the award from Prince Charles’s wife Camilla.
“In his equally affectionate and bitterly ironic portrait of the …

Money Matters »

[18 Oct 2016 | No Comment | ]

Britain has lost its place as one of the top five investment destinations in the wake of the country’s decision to leave the European Union, according to a survey released Monday.
In a half-yearly report of business executives, consulting firm EY said uncertainties related to the Brexit vote are discouraging potential investors, particularly from Europe, from planning deals in the country.
According to EY, Britain is now ranked seventh in terms of investment destination over the coming year, behind the United States, China, Germany, Canada, France and Japan. In the previous survey …

Business News & Advice »

[4 Oct 2016 | No Comment | ]

Heavy machinery whirrs and clanks on the factory floor of precision metalworking firm Robert Bion & Co, where a planned three-metre robotic arm would have been speeding up output by now, if Britain had not voted to leave the European Union.
“We’re waiting to get a clear idea of what the future might be before we make any significant investments,” owner Nick Bion said at the company his father founded in 1964 in Reading, west of London.
Britain’s economy has held up better than most economists predicted since voters chose in June …

Money Matters »

[17 Aug 2016 | No Comment | ]

From computers and cars to carpets and food, Britain’s decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market.
The consequences of the shock vote have so far been mainly theoretical, but recent data suggest that the country’s tumbling currency is about to reach the High Street.
The pound has lost 10 to 15 percent of its value against the euro and the dollar since the June 23 referendum, raising the price of goods primarily supplied by foreign companies such as …

Headline »

[23 Jul 2016 | No Comment | ]

Since entering Downing Street as Britain’s new prime minister last week, Theresa May has quickly dispelled hopes that the UK might change its mind about leaving the European Union.
“Brexit means Brexit,” she said in her inaugural speech.
She added later that Britain will take the time it needs to invoke the now notorious Article 50 of Europe’s de facto constitution governing a member’s divorce from the EU. Both May and her new minister for Brexit have said Article 50 would not be triggered before the end of the year.
Yet once May …

Business News & Advice »

[4 Jul 2016 | No Comment | ]

Financial movers and shakers who gathered in France over the weekend urged a clear and timely political response to lift the uncertainty caused by Britain’s shock vote to leave the European Union.
A raft of top business leaders and intellectuals gathered in the southern French city of Aix-en-Provence for a three-day meeting through Monday to discuss how to react to the fallout from last week’s “Brexit” vote.
Participants swiftly agreed on at least one thing—nobody is quite sure what is going to happen next, the underlying source of their worries.
Britain has not …

Business News & Advice »

[25 Jun 2016 | No Comment | ]

Britain’s vote to leave the European Union adds a heavy dose of uncertainty to a world economy that is still struggling to reach full speed years after the global financial crisis.
The most immediate pain will be felt in Britain. But economists say the ripples could be felt much farther afield.
Companies will wonder whether to invest or locate in Britain during the yearslong negotiations to define new trade conditions with the EU, its biggest business partner. Across Europe, trade and immigration may lose ground to nationalism and protectionism.
The EU itself, minus …