November 28, 2022
UK businesses put the brakes on hiring
Many businesses have put hiring on hold as they consider cost-cutting solutions, with recent data revealing that vacancy numbers have dropped by 3% between September and October 2022, and 12% year-on-year. That’s according to the latest data from the world’s largest network of job boards, Broadbean Technology. Retail sector vacancies drop When analysing Broadbean’s data […]
November 28, 2022
Primark to open at least four new stores and create 850 jobs
Primark has announced a £140m investment leading to the opening of four new shops and the creation of at least 850 jobs. The retailer said it plans to make the investment over the next two years in its UK operations. As part of that investment, the company said “at least” four news shops will be […]
November 28, 2022
Government launches £1bn scheme to insulate middle-income homes
The government will spend an extra £1bn to insulate the least energy-efficient homes in the UK, the business secretary has announced. Grant Shapps said the new Eco+ scheme was aimed at middle earners who do not benefit from any other government support to upgrade homes. Labour criticised it as a “reheated announcement with no new […]
November 28, 2022
Businesses need to upskill Gen Z and Alpha for the future of work
The World Economic Forum has estimated that 150 million new technology jobs will be created globally over the next five years, and 77% of all jobs will require digital skills from workers by 2030. However, businesses currently face a global shortage of digital skills, with only 33% of technology jobs worldwide filled by the necessary […]
November 28, 2022
UK firms well below EU average for tax roll burden of workers on £30k
The UK has one of the lowest payroll tax burdens for businesses, with the average cost of employing a worker on £30k being £3,000. A new study by accounting company UHY shows Britain is below the European average, with the cost of keeping a worker in their job being 10 per cent of their salary, […]
November 28, 2022
UK exports to Japan slump after ‘landmark’ free trade deal
The first major free trade agreement signed by Britain after Brexit has been branded a failure after new figures showed exports had fallen since it came into force. Liz Truss signed a “historic” deal with Japan as trade secretary in October 2020, describing it as a “landmark moment for Britain”. It was claimed it would […]
November 28, 2022
Female-led Pact Launches £30m Seed Fund with Focus on Inclusion, Well-being, and Climate
Pact has launched its first £30m seed fund to back early-stage startups across Europe using technology to tackle key priorities for the next generation – economic inclusion, personal and professional well-being, and climate solutions. The new venture capital fund is the first in the UK to be co-founded by three female partners – Tong Gu, […]
November 28, 2022
North of England rail faces ‘utter chaos’, warns business group
Business leaders have warned that rail services across the north of England could “collapse into utter chaos” unless the government pushes urgently for a resolution to months of disruption. Rail services are already recording historic levels of cancellations, and the imminent introduction of a new timetable could lead to a “crisis”, the Northern Powerhouse Partnership […]
November 28, 2022
Ineos in talks with Rolls-Royce on mini-nuclear power plant technology
Ineos, the chemicals company owned by the billionaire Sir Jim Ratcliffe, has held exploratory talks with Rolls-Royce on nuclear technology that could eventually be chosen to provide zero-carbon energy to the Grangemouth refinery in Scotland. A deal between Ineos, one of the UK’s biggest privately owned companies, and FTSE 100 engineer Rolls-Royce could help Ineos […]
November 28, 2022
Understanding Elon
As the world’s richest person, Musk is a natural target for critique. Recently, he has faced enormous criticism for business decisions… how to understand this unique species? In every area of human endeavor there are people who make a living doing things, and there are people who make a living criticizing what others do. Movie […]
November 28, 2022
How Job Hopping Can Make or Break Your Career?
People change jobs for many reasons, from leaving a toxic workplace culture and salary raise to hunting for a more intriguing and challenging job. However, you must understand every aspect of job hopping before going for this option. Job hopping is a double-edged sword as it can positively and negatively affect your career. Some companies […]
November 28, 2022
How Job Hopping Can Make or Break Your Career?
People change jobs for many reasons, from leaving a toxic workplace culture and salary raise to hunting for a more intriguing and challenging job. However, you must understand every aspect of job hopping before going for this option. Job hopping is a double-edged sword as it can positively and negatively affect your career. Some companies […]