Hiring Slowdown July saw the slowest increase in the number of permanent jobs being filled for 17 months. KPMG have highlighted that recruiters are increasingly tentative about hiring new staff; this was also attributed to continued skills shortages along with a hesitancy from candidates to move jobs now. Overall, this is expected to culminate with what the Bank of England (BoE) anticipates will be a recession in the final quarter of ...
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UK’s Next PM Following the resignation of PM Johnson, on 7th July 2022, the ruling Conservative Party launched the contest for the new leader. PM Johnson will remain leader until the 5th of September but will leave “major fiscal decisions” to the next prime minister. Currently, paying members of the Conservatives (approximately 180,000) are in the process of voting between the two final candidates: Rishi Sunak and Liz Truss. Sunak was ...
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Inflation Rates UK inflation has risen at its fastest rate for 40 years as food costs have risen 8.5% since May 2021. Items such as Pasta (up 16.1%), Butter (up 13.1%) and eggs (up 12.6%) are some of the most impacted by inflation which contributes to the average annual grocery bill in the UK rising by an estimated £380 this year. Britain’s second largest supermarket, ASDA, has reported that shoppers are ...
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Railway Strikes Around 50% of Great Britain’s railway network will be operational when staff walk out on strike this week (on Tuesday, Thursday and Saturday). The Rail, Maritime and Transport union (RMT) are leading strikes over disputes on pay and redundancies. This will also coincide with a strike on Tuesday (21st June) across London’s Underground. Overall, the Government’s Network Rail has warned that this will create six days of disruption across ...
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We are proud to welcome Mundus International as members of the BSCC. Mundus International provides news and analysis of the Nordics for an international audience. They work with governments, corporates and institutions, helping them make better decisions, by being up-to-date and in understanding political and economic drivers. Through their standard portfolio, they cover the short-term daily news cycles, politics, business and deep analysis of long-term trends in the Nordics. Mundus International ...
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We are delighted to present our newest Patron member, BNP Paribas. BNP Paribas is a leading global European bank and is firmly established locally as the global bank with the strongest presence on the ground in Sweden. Today the group has over 900 people in the Nordic region across seven business areas: Corporate and Institutional Banking, Personal Finance, Asset Management, Insurance, Factoring, Car Fleet Management and Leasing. BNP Paribas has ...
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Recently, Skanska signed a contract worth about SEK 610M with the Development Office at the City of Stockholm to build a new quay, Saltkajen, in Stockholm. This project is part of the development of the area Norra Djurgårdsstaden where the old port and industrial area is being transformed into a modern and environmentally friendly district. The construction work has high environmental requirements and includes piling, sheet piling, soil cleaning, water and ...
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As a global automobile leader, Volvo Group has taken a leap forward in terms of the race to net zero and green transition. The company aims to reduce their emissions already from the start of their value chain, with the materials and equipment that are used in their automobile production. Today, the global steel industry accounts for some 8% of industrial CO2 emissions worldwide. Since most essential components of trucks, cars ...
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We are proud to introduce our newest member company, CropRising. CropRising's mission is to make the current food supply chain more resilient and sustainable by using technology to reduce food waste and optimize crop yield. CropRising is a newly founded startup with a lot of passion and the attitude to fix long-term problems for society, learn from experienced players in the market, and have a valuable journey as a Team. ...
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Northern Ireland Protocol PM Johnson will soon publish plans to scrap parts of the post-Brexit deal which he secured with the European Union in 2020. The PM’s motivation is to make it easier for some goods to move between Britain and Northern Ireland. However, the EU has expressed strong disapproval towards the move and stated that it would break international law. Although, the UK insists its proposals are legal and will ...
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