Hi °C | Lo °C The biggest concerns for businesses in the next six months are currency fluctuations and tax burdens, says a new report by foreign currency firm HiFX.
But 6% expect a rise in profits in the financial year ahead as cost-cutting remains a priority.
Firms still upbeat despite tax fears
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Services industry gives vital boost to economy
The UK's return to growth has been underlined as revised figures confirmed the dominant services sector helped the economy expand by 0.3% in the first three months of the year.
Every little helps – at least for BT's chief
TWO of the FTSE's biggest bosses have banked rather different pay packets, it has been revealed.
Tesco staff pay the price for profit slump as shares bonus pot halved
Checkout staff at Tesco have seen their annual shares bonus pot halved after the supermarket giant slumped to its first annual profits fall in nearly 20 years.
Firm's new export contract just what the doctor ordered
A COLERAINE medical company is celebrating after landing an export deal to Brazil.
India steel firm in £1bn write-down
India's Tata Steel has plunged into the red with losses of £840m after wiping £1bn off the value of its European arm, which employs 18,500 people in the UK. The overall post-tax figure for the group represents a sharp fall from the previous year's £642m profit, and is largely accounted for by the write-down.
Pubs operator in huge investment
Mitchells & Butlers, the UK's biggest operator of managed pubs placed upmarket, special occasions and family dining at the centre of an investment drive. The Harvester, O'Neill's and All Bar One owner set aside £30m in capital expenditure in the current year to October but it will rise to between £50m and £80m a year.
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