Executive pay needs simplification say PwC
Executives are unmotivated by incentives due to their increasing complexity, according to a recent study.PwC and the London School of Economics found that many features of current pay packages mean…
£800,000 pledged to increase Tees Valley employment
The Government and Tees Valley Councils have pledged more than £800,000 to help tackle youth unemployment across the area.The Department of Work and Pensions awarded a £500,000 Flexible Support Fund…
Inflation falls to 3%
UK inflation fell last month to 3%, the lowest rate since February 2010.The Retail Prices Index fell to 3.5% from 3.6% in March, while the Consumer Prices Index fell to…
Marks and Spencer report decline in profits
Marks and Spencer have reported a decline in pre-tax profits, which was attributed to a tough retail environment.Pre-tax profits from the year to the end of March were £658 million,…
Give councils more tax powers say IoD
A new report has recommended that Local Authorities should be allowed to raise half their income from local taxes to boost economic growth.According to the TaxPayers’ Alliance and the Institute…
Business Secretary visits Teesside to witness steel production
The Business Secretary has visited SSI Teesside to announce the award of £1.4 million from the Regional Growth Fund to the plant, which will create and protect 1,800 jobs.Last month…
Farming sees 25% increase in profits
The UK farming sector saw profits rise by 25% last year to £8.84 billion, according to the National Farmers Union.The increase was attributed to rising meat and grain prices in…
Midlands retailer reveals expansion plans
A Midlands retailer has defied difficult economic times by revealing extensive expansion plans for the coming year.
Tile Choice, who already have 15 stores in the area, have plans for a…
Kevin McCloud offers support to Government self-build scheme
Television personality Kevin McCloud has been appointed by the self-build industry to support the increase in people looking to design and build their own homes.The Housing Minister Grant Shapps welcomed…
Hertfordshire LEP allocates first £11.5m of Growing Places
Hertfordshire Local Enterprise Partnership has made its first allocation of Growing Places Funding.£11.5m has been designated for the first four projects to be ‘unlocked’ through the Growing Places Fund.The projects…