Political and business sectors in the UK and Spain have shown interest in Hong Kong’s traditional and emerging financial services, a top minister has said after wrapping up his week-long visit to the two countries. Financial Secretary Paul Chan Mo-po said on Sunday that the two countries were eager to learn how to make use...
Category: Bussiness
Post
Post
UK immigration curbs projected to cost businesses over £40 Billion
The UK government’s recent measures to limit international student and overseas worker access are projected to cost businesses over £40 billion, according to official estimates. These findings, as reported by Financial Times, emerge as the Labour government under the prime minister, Sir Keir Starmer moves forward with policies aimed at reducing immigration, initially introduced by...
Post
UK universities seek financial sustainability amid rise in negative operating
UK universities find themselves on a financial precipice, with new research from Oliver Wyman suggesting more than six-in-ten have negative operating figures. The researchers contend the solution may be to target higher education more at “industry skill gaps” – but that may risk decimating the arts and humanities departments of institutions across the country. The...
Post
PwC tasks UK partner with steadying scandal-hit China business
Reports suggest Big Four firm PwC plans to supply its beleaguered business in China with a fire-fighting executive from the UK. Senior Partner Hemione Hudson is set to lead the business, according to sources close to the story. PwC has been in hot water with China’s market regulators for some time now, due to its...
Post
Proactive Zone Launches Comprehensive UK-to-Dubai Business Relocation Service
September 26, 2024 6:06 AM EDT | Source: Pressmaster DMCC Dubai, United Arab Emirates–(Newsfile Corp. – September 26, 2024) – Proactive Zone, a leading business and tax consultancy firm, today announced the launch of its comprehensive UK-to-Dubai business relocation service. This offering aims to assist UK entrepreneurs and non-domiciled individuals in seamlessly transitioning their...
Post
FlixBus Introduces Prospect Coaches to UK Network
FlixBus has announced the introduction of Prospect Coaches as a new partner on its UK network. Based in the West Midlands, Prospect Coaches is set to add a set of two Scania Higer vehicles to the FlixBus network, adding new services between Birmingham and London from 07 October, with a further eight coaches to follow...
Post
RSM UK hires Terence Amako and Michael Buckley as partners
As it looks to strengthen and bolster its deal services team as part of its growing consulting business, RSM UK has appointed two new partners. Terence Amako and Michael Buckley have joined the firm with four decades of experience between them. Kirsty Sandwell, partner and head of consulting at RSMUK, commented, “Having Terence and Michael...
Post
Commerce Minister Travels to the UK to Enhance Trade and Investment Partnerships – Thailand Business News
In a significant diplomatic initiative, the Commerce Minister’s recent visit to the United Kingdom aims to strengthen trade and investment cooperation between the two countries. In a significant diplomatic initiative, the Commerce Minister’s recent visit to the United Kingdom aims to strengthen trade and investment cooperation between the two countries. This mission underscores the commitment...
Post
David Joseph Stepping Down as Universal Music UK Chairman/CEO
LONDON — Universal Music U.K. chairman and CEO David Joseph has announced he is stepping down after almost 17 years at the helm of the company. The widely respected executive and longstanding label boss joined the U.K. arm of Universal in 1998 as general manager of Polydor and was promoted to chairman and CEO...
Post
UK opens doors to skilled workers amidst growing demand
The United Kingdom is looking for skilled professionals in several sectors to fill labour shortages. There are opportunities in healthcare, technology, and construction for international workers in the UK job market. TravelBiz reports that the UK government has acknowledged the need for skilled workers, resulting in the creation of various visa pathways for international talent....
Post
UK struggling to build AI skills of disadvantaged communities
The UK stands to gain more than £700 billion from the impacts of generative AI, according to a new study, with close to half of all working hours in line to be disrupted by the technology. However, according to a new study from Accenture, some 8 million still lack basic digital skills, meaning they could...
Post
GISB eateries still open in the UK, says Malaysian envoy
PETALING JAYA: Despite having its businesses and properties closed down in Malaysia, Global Ikhwan Services and Business Holdings (GISB) restaurants are operating as usual in the United Kingdom. Malaysian High Commissioner to the United Kingdom Datuk Zakri Jaafar acknowledged that several eateries owned by the beleaguered Malaysian conglomerate were still open for business. However, he...