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Fire and rehire, also known as dismissal and re-engagement, is a practice that’s been around in the business world for a long time. It involves companies dismissing an employee, and then immediately rehiring them. With the ‘new’ job, comes a new contract which will generally contain less favourable terms for the staff member in question. Yulia Barnes, Founder and Managing Director of boutique commercial law firm, Barnes Law Associates highlight a recent example which made...

The Russian Exhibition Foundation stated in its report “Main Risks of Geoeconomic Forecast of Key Events in 2025” that the U.S. stock market is expected to pull back in 2025, and more and more liquidity will penetrate into digital assets. In this case, Bitcoin may reach $150,000 with large fluctuations. At the same time, experts predict that the favorable environment under the leadership of the new US president will contribute to the growth of the...

Britain’s top companies were already tightening their belts in anticipation of a worsening global economic outlook — even before President Trump’s tariff U-turns sent markets into a tailspin. A new Deloitte survey of FTSE 350 finance chiefs, carried out at the end of March, shows that concern about geopolitical risk was at its highest level since Russia’s invasion of Ukraine. Fears about the health of the US economy — still the largest in the world...

A clear majority of UK voters believe the government should prioritise strengthening trade ties with the EU over pursuing a new economic deal with the United States, according to new polling released this weekend. The findings, published by the internationalist thinktank Best for Britain, suggest that public opinion has shifted decisively since the Brexit referendum, with many voters now viewing the UK’s economic future as more closely aligned with its European neighbours. The trend has...

The government is facing fresh calls to take urgent action on Britain’s soaring industrial energy costs, as leading industry bodies warn that more manufacturers could face collapse unless electricity prices are brought in line with European competitors. In a joint letter to Chancellor Rachel Reeves, the Trades Union Congress (TUC) and Make UK, the manufacturers’ organisation, said that unless action is taken soon, ministers may be forced to repeat emergency interventions such as the recent...

The UK’s retail, hospitality and leisure sectors are facing mounting pressure as the ripple effects of President Trump’s global tariff policies continue to destabilise trade and drive up costs — despite a temporary 90-day pause on new duties. Amanda French, partner and head of retail and leisure at national law firm Clarke Willmott LLP, warns that the sector is grappling with prolonged uncertainty, particularly as the threat of renewed US tariffs and the ongoing trade...

Known more for its industrial heritage than its vineyards, Hull could one day rival Bordeaux in the world of fine wine, according to a new report forecasting how climate change is transforming global wine production. The prediction comes from the first annual Fine Wines and Restaurants Market Monitor, published by consultancy firm Bain & Company, which outlines how rising temperatures are expected to shift the ideal growing regions for cabernet sauvignon — one of the...