China devalues in attempt to reverse economic woes
This week, China's central bank devalued the yuan (also known as renminbi) currency by nearly 2% against the US dollar.…
Enterprise Uganda and ACCA announce new partnership
ACCA (the Association of Chartered Certified Accountants) has signed a new agreement with Enterprise Uganda that will offer wide-ranging training,…
Chinese inflation rates continue to rise
The consumer inflation rate in China rose to 1.6% in July from 1.4% in June, marking the highest level this…
Changing consumer behaviour hits UK supermarkets
Some of Britain’s top companies could see profits fall by more than a third, and it is all caused by…
Girls dominate admissions to leading universities
Head of the admissions service UCAS says that there is now a significant gender gap for admissions to leading universities…
Alphabet: Google stuns markets with restructuring
Internet search giant Google has surprised economists around the world by announcing that it will become part of a holding…
Greece and lenders prepare for talks on new bailout
The main financial story in Europe over the last few months has been the ongoing struggle of the Greek government…
UK trade deficit improves as exports rise
The latest figures from the Office for National Statistics show that the UK's trade gap decreased by £2.7bn in the…
Low oil prices force Saudi Arabia to borrow heavily
Although often seen as a country of limitless wealth, budget deficits are forcing Saudi Arabia to borrow more capital from…
Hedge funds receive £10m windfall from RBS share sale
It is estimated that hedge funds profited by around £10m by shorting shares in the Royal Bank of Scotland (RBS),…
Battle ahead for businesses as Sunday trading law changes look likely
For the past twenty years, trading laws in the UK have meant that larger stores can only open during restricted…
Graduates from private schools get high salaries, reveals research
A new report has revealed that privately-educated graduates earn more than their state-educated peers do only six months after leaving…