Latest news with #SimonFraser
The Herald Scotland
4 days ago
- Business
- The Herald Scotland
Tearoom in picturesque Scottish NC500 village for sale
Simon Fraser, of the Scottish Business Agency, said Nanny's café is 'set on the shores of Loch Shieldaig in one of the Highlands' most picturesque villages'. The site from above. (Image: SBA) He added: 'Nanny's is more than a café, it's a cherished part of the community with deep roots, a proud legacy, and a reputation for warm Highland hospitality.' READ MORE: 'Whether you're seeking a lifestyle change, a passion project, or a rewarding hospitality venture, Nanny's offers the perfect balance of heritage, location, and potential.' The leasehold is offered at £100,000.
CNN
21-05-2025
- Business
- CNN
Sir Simon Fraser Breaks Down the New Trade, Security, and Travel Deal Between the UK and EU
"If we're going to move forward, both sides are going to have to make concessions to get advantage." Sir Simon Fraser, cofounder of Flint Global, breaks down the new trade, security, and travel deal between the UK and EU.
CNN
21-05-2025
- Business
- CNN
Sir Simon Fraser Breaks Down the New Trade, Security, and Travel Deal Between the UK and EU
"If we're going to move forward, both sides are going to have to make concessions to get advantage." Sir Simon Fraser, cofounder of Flint Global, breaks down the new trade, security, and travel deal between the UK and EU.
Bloomberg
16-05-2025
- Business
- Bloomberg
Both Sides Want EU-UK Summit to Be Success, Says Former Top UK Official
"I think we shouldn't be over-optimistic," says Simon Fraser, former head of the UK foreign office, ahead of the EU-UK summit. "I think we will see some tangible outcomes," he adds, "although the negotiations will run right to the wire." Fraser argues both sides need to "feel they're getting a win," but notes that there is "mutual benefit in showing that Europe is coming together in the face of a rapidly changing world." Fraser speaks to Guy Johnson, Kriti Gupta and Lizzy Burden on 'Bloomberg: The Opening Trade'. (Source: Bloomberg)
Telegraph
15-04-2025
- Business
- Telegraph
The minimum wage was meant to help workers. It's hurting them
Spring is usually a busy period at the Ben Reid Garden Centre on the outskirts of Aberdeen. But this year it has come with a chill for the 250-year-old family business. 'Passion, plants and people – it is the three Ps that make our business,' says boss Simon Fraser. 'We're really struggling with one element of the 'people' bit: with the cost of it.' Fraser is referring to the rise in the National Living Wage, the minimum legal wage for those aged 21 and over, which leapt by 6.7pc to £12.21 per hour on April 1 – just as companies were hit by a £25bn tax raid through higher employer National Insurance (NI) contributions. The UK now has one of the highest minimum wages in the world. It is a challenge for business owners such as Fraser, whose other bills are rising too. Reluctantly, he's had to put several of his staff on short-term contracts, cut hours from five days a week to four during the quieter winter months and laid off the shop's delivery driver. 'We're stopping developing our business because it's getting too expensive to pay people to do that,' he says. Cost burdens have become so high that 'we feel like with the payroll of six people, we're employing a seventh who doesn't exist', he adds. It's a struggle that will be familiar to many business-owners across Britain who are running just to stand still in the face of surging cost pressures. The minimum wage has long been lauded as the UK's most successful intervention for low-paid workers since its introduction in 1999, persistently proving critics who warned of job losses wrong. But the twin blows of surging employment taxes and rising wages in a fragile economy have prompted experts to warn that job losses may finally come to pass this year. Even Trades Union Congress boss Paul Novak recently conceded that there was a risk of underemployment.
