Boris Johnson says new package to fight cost-of-living crisis is coming: ‘No option is off the table’ May 23, 2022 Prime Minister Boris Johnson said this afternoon that “no option is off the table” to deal with the rising cost of living but added “I’m not attracted, intrinsically, to new taxes” in response to pressure to introduce a windfall levy on oil and gas firms. Johnson insisted there would be further help to deal with [...]
Not Getting Enough Recognition At Work? It Might Be Time To Move May 23, 2022 If you’re feeling like you don’t get enough recognition for the work that you do, you’re not the only one. It’s just not enough to get paid at the end of the month – feedback, both positive and constructive, as well as acknowledgement of a job well done is crucial not only for employee morale, [...]
Send poorest Brits a cheque and don’t hike corporation tax, George Osborne tells Rishi Sunak May 23, 2022 Former Chancellor of the Exchequer George Osborne is convinced a windfall tax is coming, despite the squabbling between Numbers 10 and 11, while also saying he would put a cheque in the post to the poorest families in the UK. Moreover, he disagrees with present Chancellor Rishi Sunak over the proposed rise in corporation tax. [...]
FCA chair questions watchdog’s role in crypto regulation May 22, 2022 The chair of the UK’s top financial watchdog has questioned the role it should play in crypto regulation after hundreds of billions of dollars was wiped from the value of the market in the past month.
Weekend exclusive: Kill off the CV to safeguard London’s workforce, argues recruitment guru May 22, 2022 Despite the Levelling Up agenda from the government, London remains the economic hub of the country. Home to the UK’s finance, legal, technology, and creative industries to name a few, it is the barometer for the activity, attitudes, and aspirations for UK plc. While City A.M. reported extensively on the risk of finance jobs leaving the City [...]
Homeworking on the rise as growing number of employers introduce hybrid models for staff May 22, 2022 The pandemic has sparked a permanent increase in homeworking, with support from employers and staff for changes to working practices, according to a new report. The TUC said many workplaces and workers are still trialling new arrangements for homeworking and hybrid working and negotiating long-term policies. But there is evidence in support of change, with [...]
Dream on: Millennials want regular nap breaks and pets at work as part of the new office reality May 22, 2022 With over a third of UK workers on the brink of burnout, new research shows that half of all millennials want regular naps during their office day as office occupancy reaches its highest level since the start of the pandemic. Moreover, one in 5 millennials want to bring their pets into the office: with many getting used to spending [...]
Exclusive: Lord Sugar and Boris Johnson are ‘delusional’ when it comes to working from home May 20, 2022 Boris Johnson admits he’s distracted by making coffee and eating cheese when he works from home and Lord Sugar has blasted PwC’s decision to give employees Friday afternoons off as “lazy”, but are they out of touch? One industry leader certainly thinks so. TalentDesk.io founder Xenios Thrasyvoulou believes these opinions are outdated and that remote [...]
When complex arrangements are really just good-old employment income in disguise May 19, 2022 | City Talk Justine Riccomini explains why it is important for employment tax practitioners to “look through” what appears to be a complex arrangement and see it for what it really is – in this case, a way of paying cash bonuses to employees. Background In Jones Bros Ruthin (Civil Engineering) Co Ltd and Britannia Hotels Ltd v [...]
FCA to be granted powers to protect cash access as banks slash branches May 19, 2022 The UK’s top financial watchdog will be granted fresh powers to ensure that banks provide access to cash as Britain’s high street lenders move to slash branch numbers across the country.
