Flybmi tells customers to seek refunds from credit card companies

Flybmi is advising customers to seek refunds from credit and debit card companies or rebook with other airlines after the company collapsed late on Saturday, leading to the cancellation of thousands of journeys. On Sunday… Read More

Hammond’s Brexit ‘dividend’ claim rejected as UK economy stalls

“The OBR already assumes an orderly Brexit, so there won’t be a ‘deal dividend’ beyond the forecast just by avoiding no-deal. Business confidence may improve with increased certainty, but it’s not credible to describe this… Read More

UK manufacturers’ stockpiling for no-deal Brexit hit record levels

The risk of border gridlock caused by no-deal Brexit has led British manufacturers to ramp up their stockpiling efforts to the highest levels on record for a major advanced economy. According to the monthly snapshot… Read More

One in three UK firms plan for Brexit relocation, IoD says

Nearly one in three British businesses are planning to relocate some of their operations abroad or have already shifted them to cope with a hard Brexit, according to a leading lobby group. The Institute of… Read More

The shutdown and the dismal failure of Trumponomics

by Robert Reich One of the least-talked-about consequences of the partial shutdown of the U.S. government — courtesy of Donald “I’m proud to shut down the government” Trump — is its negative effect on the… Read More