Amid the launch of the Apprenticeship Levy and increase of National Minimum Wage, prime minister Theresa May announced a snap election ? an event we analysed in our roundup of April 2017 economic statistics.
In a report just out from the High Pay Unit it is noted that FTSE 100 CEOs enjoy average remuneration of £5.5m a year, which has increased by ten per cent in the last year. Let me explain the dismaying connection between this state of affairs and the, by now, infamous BHS pension fund deficit.
Chancellor George Osborne has set out plans to pay down the UK's deficit, which involves selling the government's remaining 30 per cent stake in Royal Mail.
Due to the upcoming election, it will be hard for some people to not look at the chancellor's Budget on 18 March as more of a performance review than a series of fiscal measures designed to secure the economic future of the country.
With income tax receipts falling by 0.8 per cent so far this year, the Chancellor has a limited number of options if he wants to reduce the deficit.
Forget the financial deficit for a moment – there's something else that's hampering businesses just as much, and it's the lack of great leaders.
