'In the News' by Steven Allen https://padlet.com/s_allen2/5ryf77x5lkui Business stories making headlines... en-us 2016-11-17 18:47:43 UTC 2025-11-02 01:13:13 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Manbag.png Christmas + E-commerce (Black Friday)Now that Christmas is on the horizon, large stores such as John Lewis, Argos M&S and Sainsbury's have all released their engaging and festively themed adverts. They have made these memorable commercials to grab the attention of many consumers and get them in Christmas sprit. This in turn, will boost revenue for businesses especially online as there are a variety of deals available at the click of button. A rise in online shopping in 2016, during the Christmas season, has also become evident due to the convenience of purchasing Christmas presents from the comfort of your own home. Some online stores such as Amazon have begun to promote 'early black Friday'. Unlike Black firday, 'early black Friday' happens one week before Black Friday. This means that Amazon will gain more attention than a regular store due to e-commerce but also due to a lack of competition because they are one of the only stores to introduce these early deals! https://padlet.com/s_allen2/5ryf77x5lkui/wish/138642548 http://www.johnlewis.com
https://www.youtube.com/watch?v=sr6lr_VRsEo]]> 2016-11-18 09:51:13 UTC https://padlet.com/s_allen2/5ryf77x5lkui/wish/138642548 Brexit and Businesses in the UK https://padlet.com/s_allen2/5ryf77x5lkui/wish/138643031 2016-11-18 09:53:54 UTC https://padlet.com/s_allen2/5ryf77x5lkui/wish/138643031 MexicoTrump has said that if he cannot renegotiate Nafta he will pull out of the free trade deal altogether with Mexico. He has threatened to put a 35% tariff on some Mexican goods and pledged to close the “sweatshops in Mexico that undercut American workers”. He also said he would round up and send home up illegal immigrants living and working in America, 5 million of which are thought to be Mexican.ChinaHe will instruct his Treasury secretary to label China a currency manipulator in which they try and make the currency weaker in order to export cheaper. He will also bring cases against Beijing to the World Trade Organisation, and he will consider imposing a 45% tariff on Chinese imports into the US to make it easier for American companies to compete.The US is the biggest single market for Chinese exports, accounting for about 20% of the total. There would be a risk that aggressive US trade policy could result in a marked slowdown in China’s growth and a loss of manufacturing jobs.The Rest Of AsiaThere will be no Trans-Pacific Partnership under a Trump presidency and all the signs are that countries such as South Korea and Taiwan will be subject to the same protectionist strictures as Mexico and China.This would result in slower growth across Asia as exports and investment weakenEurope Excluding BritainThere are elections next year in Germany, France and the Netherlands where parties of the right will be looking to surf the populist tide that carried Trump to his win.The Eurozone is heavily reliant on exports as a source of growth. These could be affected in two ways: through a more restrictive US trade regime and if a weaker dollar drives up the euro on the foreign exchanges. https://padlet.com/s_allen2/5ryf77x5lkui/wish/138643158  ]]> 2016-11-18 09:54:20 UTC https://padlet.com/s_allen2/5ryf77x5lkui/wish/138643158 Government Policy; how it impacts UK businessesThe UK’s economy and businesses depend on global trade and resources. However, factors like climate change and a growing world population mean there’s more pressure on energy, natural resources and the wider environment.We need to make our economy and businesses more sustainable, so we can grow the economy and also reduce our environmental impact.Encouraging resource effiency and environmental managementThe government help out by:• funding the Waste and Resources Action Programme (WRAP), which gives advice and support to help businesses use raw materials, water and energy more efficiently• providing tools to help businesses reduce the environmental impacts of their operations and supply chains, including environmental management systems and tools to report greenhouse gas emissionsTax:• Airline industry – MP’s are calling 50% tax cuts to airlines which means that the demand for air travel will be increased because the prices will be lowered. • Oil industry - new oil industry boom-and-bust cycle is likely if the current reduction in new investment is not reversed, says the International Energy Agency. https://padlet.com/s_allen2/5ryf77x5lkui/wish/138643425 2016-11-18 09:55:53 UTC https://padlet.com/s_allen2/5ryf77x5lkui/wish/138643425