Bloomberg UK companies are facing tighter margins as the pound’s slide starts to fuel cost increases, according to the British Chambers of Commerce. Sterling’s drop since Britain voted to leave the European Union is having a negative impact on the domestic sales margins of nearly half of businesses surveyed, while the effect on exports is mixed, the BCC said. ...

  Bloomberg Only 5 percent of large UK companies say their boards include directors with expertise in information technology or cyber security, even though the vast majority identify hacking and other digital threats as serious risks, a report showed. In the event of a cyber attack, more than half of companies in the FTSE 100 stock index cited contingency, crisis ...

  Bloomberg Problems facing the British labor market including skills shortages and an aging population are likely to be exacerbated by Brexit, according to Mercer. Those gaps will no longer be filled by foreign workers, which are set to decrease in number as the UK negotiates a new relationship with the European Union, the consulting firm said in a report. ...