Plimsoll

The legal sector has changed significantly in the past five years as a result of the pandemic, Brexit, and ever-changing technological advances.

Almost half of the world’s leading Passenger Airlines were in financial danger BEFORE the coronavirus exploded out of a Wuhan seafood market and spread around the world, according to new research from market analysts Plimsoll.

On the back of the news that UK retail sales fell by 0.8% for the month of September, Plimsoll has updated its view on the financial health of the UK’s top 100 High Street Retailers.

The UK economy is at something of a crossroads. There are a host of complex, multi-faceted challenges the country faces as we emerge from what has been a period unlike any other in memory.

UK car manufacturing has faced significant challenges in recent years, with production dropping to its lowest levels in decades due to the COVID-19 pandemic and the uncertainty surrounding Brexit. However, there are reasons for optimism in the industry.

The economic trend which has become known as the “Great Resignation” or the “Great Reshuffle” has developed further into 2022 as many employees have begun to explore new career options and move into more fulfilling roles with higher salaries or a better work-life balance. A key driver in resignations has been flexibility around remote work, and it seems that many employers are responding to this demand: according to ONS research from last year, online job adverts mentioning remote work tripled during the pandemic, increasing at a faster rate than the total number of vacancies being posted.

Leading figures in the paper and board market are increasingly concerned about being able to continue production in the UK as the energy costs and the price of timber remain impossibly high. Andrew Large, director-general of the Confederation of the Paper Industries, recently warned the government that without urgent action a ‘nightmare scenario’ of factory stoppages is a real possibility.

With news that more than a fifth of UK employers plan to make redundancies over the next quarter, the UK’s leading recruitment agencies are in for a torrid couple of months. Irrespective of whether or whenever the economy emerges from lockdown, hiring is unlikely to feature in many companies’ plans for the foreseeable future.

Motorsport is racing back into the public consciousness as Formula 1 revs up its engines for the start of the 2023 season. After the excitement and drama of the 2021 season, 2022 was fairly processionary. However, with the launch of new cars, new teams and other changes on the grid, excitement is starting to build for another epic battle this year.

The government seems keen to assign a scapegoat for the current supply crisis sweeping Britain. Food shortages are increasing by the week and looming fuel shortages exploded from a potential problem into a full-blown national crisis.