Business

Immigration controls to help Brexit Britain’s productivity to soar | City & Business | Finance

In a pre-Budget boost to Chancellor Philip Hammond’s Autumn Budget, UBS’s wealth management economist Dean Turner said tightening borders after Brexit will see Britain turn to technology to become more efficient. Economic productivity is a measure of what the UK produces through manufacturing and services, and how productive it is …

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GBP/EUR exchange rate: Pound near 7-year low as full Brexit’ is confirmed | City & Business | Finance

Both ministers have stated that there will be a transitional period at the end of Brexit, but that once it is over, the UK will be conclusively ‘out’. On the other side of the pairing, the euro has only made marginal gains due to disappointing Eurozone data. Industrial production slowed …

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Tata Steel pension deal – how long till other companies follow suit? asks GEOFF HO | City & Business | Finance

The deal between the firm, the trustees of the British Steel Pension Scheme and regulators means that Tata no longer has to stand behind its costly defined benefit fund. Tata had claimed that unless it could detach itself from the scheme, its British business would have gone under within 12 …

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