Thought leadership

Water meters should be compulsory say MPs

Millions of householders in England and Wales could be forced to have water meters installed if a group of MPs gets its way. Members of the Environment, Food and Rural Affairs Committee (EFRA) say that all water companies should be allowed to introduce compulsory metering. They say that the idea is to help save water. […]

Facebook’s UK tax bills triples in a year while revenues rise by a third

Facebook paid £15.7m in tax in the UK last year, which is triple the amount it paid in the previous year. In 2016, Facebook’s tax bill rose to £5.1m, following a major overhaul of the social media firm’s tax structure. However, the company’s profits only climbed by £4m year-on-year from £58.4m to £62.7m in 2017. The […]

Ryanair issues profit warning as strikes continue to plague the airline

Ryanair has warned investors its full-year profits will be lower than expected, partly due to the recent wave of industrial action. The airline said its profits would be 12% lower than the €1.25-1.35bn (£1.11-1.2bn) previously forecast, and it now expects profits of between €1.1-1.2bn. Ryanair said this was due to higher oil prices, higher costs […]

Global smart meter market expected to reach $10.4BN by 2022 says GlobalData

The global smart meter market is estimated to reach $10.4bn by 2022, driven by rising emissions, domestic energy resource constraints, ageing infrastructure and the growing demand and cost of electricity, says GlobalData a leading data and analystics company. GlobalData’s latest report, ‘Smart Meters, Update 2018 – Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast […]

RECORD NUMBER OF FINALISTS ANNOUNCED AT THE 2018 ENGAGE AWARDS – THE ONLY CUSTOMER AND EMPLOYEE ENGAGEMENT AWARDS PROGRAMME

Engage Business Media’s 2018 Engage Awards programme has broken records across the board with more categories, more finalists, and more entries deliberated over by more judges than ever before. For this year’s competition EBM are delighted to announce that we have a record number of deserving Engage Awards finalists across 19 categories selected by our […]

Amazon investigating claims that some of it’s staff sold confidential customer data to third party

Amazon is investigating claims that some of its staff sold confidential customer data to third party companies. According to a Wall Street Journal (WSJ) report, employees of the e-retailer are offering internal data and other confidential information to independent merchants who sell their goods on the US giant’s website. The practice, which violates company policy, […]

UK economy

World Cup success and warm weather boosts UK economic growth

The UK economy grew more strongly than expected in July as the heatwave and World Cup boosted the retail sector. The Office for National Statistics said the economy grew by 0.3% in July, and by 0.6% over the three months to July – the fastest pace in almost a year. “Services grew particularly strongly, with retail […]

Services sector surprises economists with welcome boost

Britain’s large services sector – everything from restaurants to banking – surprised economists by picking up more strongly than expected last month. The sector, which makes up about 80% of the economy, saw many companies working at capacity with full order books. The services index, compiled by IHS Markit/CIPS Purchasing Managers’ Index (PMI), grew to 54.3 in […]