PUBLISHED: 08:50 13 June 2018 | UPDATED: 08:50 13 June 2018 The High Street in Southwold on a busy summers day in August. Picture: James Bass Archant Norfolk © 2016 Pubs are struggling and a different major retailer seems to be announcing store closures each week. A supermarket boss has pointed the finger at business rates – but have changes made last year really had a destructive impact? Doug Faulkner reports. Jackie Crisp of Roche Chartered Surveyors The values by which business rates are calculated changed for the first time in seven years in 2017 – leading to fears those facing increases would struggle. Now, after a series of high-profile business failures and restructures, including the likes of Toys R Us, New Look and House of Fraser, business leaders have once again blamed rates for the high street pain. But is this a fair reflection of what has happened? The revaluation of business rates took place in 2016 and businesses were given a year … [Read more...] about Are business rates changes to blame for the struggles of our high streets?
Business process change
Vietnam eager to develop Lien Chieu deep seaport The government has been urging the authorities to appraise Lien Chieu Seaport, showing strong support and promising smoother sailing for the project. Deputy Prime Minister Trinh Dinh Dung recently urged the Ministry of Planning and Investment (MPI) to appraise the capital sources and mobilisation methods of investment capital at Lien Chieu port. Besides, the DPM assigned the Danang People’s Committee to complete the pre-feasibility report for the project after the city studied MPI’ appraisal. Based on reports of MPI and Danang city, the Ministry of Transport (MoT) was asked to build the investment planning evaluation report to submit the prime minister for approval. The assignment of the DPM shows Vietnam’s eagerness to develop the Lien Chieu Seaport project, which is considered one of two key projects that aim to boost the central city as a main logistics centre in the ASEAN and the East-West Economic Corridor (EWEC) … [Read more...] about BUSINESS IN BRIEF 5/6
PUBLISHED: 09:41 24 May 2018 | UPDATED: 09:41 24 May 2018 Harriet Johnson, Diss Young Farmers. Picture: Norfolk Young Farmers Norfolk Young Farmers As part of our regular series of profiles on the region’s Young Farmers’ Club members, HARRIET JOHNSON talks about her career journey from the family farm to training for management at malt producer Muntons. The grain handling and storage facility at Muntons in Stowmarket. After finishing my A Levels in 2013 and gaining a deferred place at the Royal Agricultural University to study international business management, I decided to have a gap year – much to parents dismay as I had not got anything lined up to do. So the deal was that I had to help on the family farm until I had put some other arrangements in place. Well, it only took one day on the potato grader to make me realise that I never wanted to grade potatoes again. So from then on I arranged some work experience and trips in between, which was when I first … [Read more...] about Young Farmers profile: Farmer’s daughter Harriet Johnson is on the road to business management
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Getty ImagesBy Ryan Ding, executive director and president of Carrier Business Group at Huawei Looking back, we can see how technology has driven social change: 2G kicked off an era of global communications; 3G and 4G brought us mobile internet; and 5G marks the start of a new, intelligent world, with all things sensing, all things connected, and all things intelligent. Ten years ago, when 4G was still just a pipe dream, it was hardly imaginable that we would be buying plane tickets, booking hotels, ordering taxis, and paying bills all at the touch of a phone screen. Smartphones are our portals to the digital world. And in the coming 5G world, networks will connect things, as well as people. It will be a world where all things are sensing, all things are connected, and all things are intelligent. We are going to see the emergence of many things that we cannot imagine today. On the roads, self-driving cars will communicate through the 5G network — and traffic jams, accidents, and … [Read more...] about 5G technology has the potential to change our lives — here’s how to prepare for it