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Economy · ChinaChina’s economy softened in August, extending a slowdown in industrial activity and property prices as Beijing faces pressure to ramp up spending to stimulate demand. Data published by the National Bureau of Statistics on Saturday showed weakening activity across industrial production, retail sales and property this month compared to July. “We should be aware that the adverse impacts arising from the changes in the external environment are incre…See the Story
Slowdown in industrial activity leads to weakening of Chinese economy
Work · United KingdomWork is the third biggest cause of stress for UK employees, after lack of sleep and money worries, according to new research. Over two-thirds (70 per cent) of the 1,238 employed adults surveyed by HR software provider Ciphr, identified at least one aspect of work that contributes to their stress levels. Work in general is the biggest cause of stress for around one in three (37 per cent) employees, with workload pressures (35 per cent) coming a c…See the Story
Over two-thirds of employees are stressed by work, survey finds
United Kingdom · United KingdomLondon Heathrow has been crowned the most connected airport in the world despite recent concerns it may be losing ground on international rivals. New analysis from global travel data provider Official Airline Guide (OAG) found the West-London hub topped the charts for the second year running. The figures, which included transfer flights, reveal that Heathrow currently connects travellers to 234 destinations across 85 nations across the globe. T…See the Story
Heathrow crowned most connected airport despite recent concerns
Immigration · United KingdomWhat is the value of knowing when (and how) to successfully pivot your business? In this episode of Founder Favourites, co-hosts Jennifer Sieg and Emmanuel Nwosu sit down with Karoli Hindriks, co-founder of global relocation platform Jobbatical, to discuss what it takes to make a difficult decision that could determine the future of your business. Hindriks, who also played a role in establishing the world’s first-ever digital nomad visa in par…See the Story
Founder Favourites: Can immigration fix the talent shortage in the UK?
United Kingdom · United KingdomThe move by companies to encourage their workforce to return to the office helped sales jump at East Asian-inspired eatery chain Itsu during its latest financial year. The London-headquartered company has posted a turnover of £160.7m for 2023, up from the £137.7m it achieved in 2022. Newly-filed accounts with Companies House also show the brand’s pre-tax loss slipped from £2m to £4.3m over the same period as it worked on its expansion plans. Its…See the Story
Itsu: Return to the office helps boost sales
Manchester, England · ManchesterPlans for a new rail line connecting the West Midlands to the North West could be delivered at just 60 per cent of the cost of HS2’s cancelled Northern leg, according to Manchester Mayor Andy Burnham. The proposed 80km line, backed by a consortium of businesses and politicians, would run from Lichfield in Staffordshire to High Legh in Cheshire. The goal of the project would be to fill the void left after the government’s decision to halt the hi…See the Story
New North West-Midlands rail line '40 per cent cheaper' than HS2
Wages · United KingdomThe Carlton Club has described facing both “successes and challenges” in its latest financial year as it battled high inflation, rising energy costs, train strikes and wage increases. The private members’ club said “unwelcome challenges” impacted its financial performance in 2023 but that it still managed to increase its surplus before tax by almost £200,000. According to newly-filed accounts with Companies House, the Carlton Club’s income rose …See the Story
