Technology has been proven to be useful for people in society. But, in sight of the future, technology might destroy society in terms of employment. About 15 million jobs are expected to be diminished in the next decades.
In a latest survey from employers’ group CBI, data revealed that British employers are cautious about offering meaningful pay rises even if they expect to keep hiring permanent staff in 2016, The Guardian reports Monday.
Standard Chartered (STAN.L) said it continued to keep its domicile under review, particularly given the likelihood Britain's bank tax will continue to rise, raising the prospect it could leave London for Asia.
Royal Dutch Shell (RDSa.L) is planning further job cuts in its UK North Sea oil and gas business in 2015, the company said on Thursday, just a week after a package of tax cuts from the Treasury aimed at encouraging growth in the industry.
Britain's high streets, malls and online sites were awash with discounts on Friday as more retailers than ever embraced U.S.-style "Black Friday" promotions, seeking to kickstart trading in the key Christmas period.
British insurer Prudential (PRU.L) reported a 22 percent jump in its first-half profits on Monday, underscoring the appeal of its Asian business and bolstering chief executive Tidjane Thiam's decision to bet on the fast-growing region.