Business

Thousands of businesses based in railway arches are facing rent hikes of up to 500% George Grant with his father Ronnie, who started his business 60 years ago in Clapham’s railway arches. George Grant (right) with his father Ronnie, who started his business 60 years ago in Clapham’s railway arches. Photograph: David Levene for the Guardian Thousands of small businesses ...

British-Bangladeshi Cargo Agent Association organised its Iftar Mahfil in a restaurant in East London on 28th May.  Chairman of the organisation and Proprietor of JMG Cargo, Monir Ahmed presided over the discussion the Iftar Mahfil and General Secretary Dewan Rob conducted it. Speakers at the Iftar Mahfil emphasised that cargo business has turned into a goodwill business these days.  They ...

Hong Kong, May 31 : Chinese factory activity grew at its fastest rate in eight months on stronger demand, a survey showed Thursday, in a positive sign for the world’s No. 2 economy despite trade tensions with the U.S. The official purchasing managers’ index rose to 51.9 in May from 51.4 the previous month. Readings above 50 indicate expansion, while ...

French entrepreneur and politician Serge Dassault has died at the age of 93, his family has said.   Mr Dassault led the Dassault group after his father, Marcel’s, death in 1986. The group has numerous firms in aeronautics and armaments and owns the French newspaper, Le Figaro.   Mr Dassault was one of France’s richest men and ranked high on ...

Bank of England governor prepared to respond in ‘whatever form it takes’ Mark Carney has signalled the Bank of England would be prepared to cut interest rates – or freeze plans to increase them – in order to support jobs and economic growth should Britain be plunged into a disorderly Brexit. Outlining the options available to Threadneedle Street as the ...

Soaring property prices mean that first-time buyers are forced to “pay double” in London to get on the housing ladder, a new report reveals today. The average buyer in the capital has to find £420,132 for a first home, almost twice the £210,515 typical for the rest of Britain, according to research from Lloyds Bank. It found that the average ...

Doulotpur Jamdani Palli in Monohardi upazila of the district came to lively as Jamdani shari weavers are now passing very busy time with producing one of the finest muslin textiles before Eid-ul Fitr.   Generally, the demand of Jamdani shari is increased at different markets in the country before Eid. So this is the peak time for the weavers to ...

Motorists face tougher MOT tests on their vehicles from Sunday, as an updated test introduces new categories under which a vehicle can fail or pass. The categories include “dangerous”, “major” and “minor” which determine whether a car, van or motorcycle must be taken off the road or can be driven as long as repairs are carried out. The MOT will ...

Korean entrepreneurs have shown their keen interest to invest in Bangladesh, saying they will send a trade delegation to Bangladesh soon.   They expressed their interest at the Bangladesh Investment Seminar jointly organised by Bangladesh Investment Development Authority (Bida) and Embassy of Bangladesh in South Korea in Seoul, South Korea on Friday.   Bida Executive Chairman Kazi M Aminul Islam ...

Asian Restaurant and Takeaway Award’s (ARTA) nomination part is ending soon.  Customers has already submitted 23,000 nominations for their favourite restaurants online The grand finale of ARTA will take place on 30th September.  The colourful event will take place in O2 Intercontinental which has the capacity to hold 2,400 guests at one time. To introduce this to the journalists and other ...