Universal credit rollout is still concerning but the new welfare system should help encourage people to work once it has been fully introduced February 3, 2016 While MPs are concerned about how universal credit is being rolled out, economists think the new system helps to encourage people into work. A report released today by the Institute for Fiscal Studies (IFS) has found that universal credit should encourage those who were disincentivised by the previous system to find employment. However, the report also noted that preemptive cuts [...]
Business leaders value innovation but have questions over whether HR is visionary enough for the task, even though HR leaders also agree on importance of innovating February 3, 2016 Both human resources heads and business leaders are placing increasing value on innovation in business, but the business chiefs are questioning whether HR is visionary enough to make it happen. According to a study released today from the Chartered Institute of Personnel and Development (CIPD), a third of both HR leaders (35 per cent) and business leaders in general [...]
US and EU reach a deal on new Safe Harbour agreement to govern data transfers between the regions, naming the deal the EU-US Privacy Shield February 2, 2016 The EU and the US have reached an agreement over the framework governing data transfers between the two regions. The new agreement, which has previously been called "Safe Harbour" but has now been renamed the "EU-US Privacy Shield", was announced today and places stronger obligations on the US to better protect the data of European citizens. "We [...]
CMS launches an office in Tehran, Iran, making it the first major international law firm to establish a base in the country February 2, 2016 An international law firm has journeyed to a place where few legal eagles have ventured before by setting up an office in Iran. CMS today revealed that it opened its office in the Iranian capital of Tehran yesterday, making it the first major international law firm to launch in the country. The legal firm first started eyeing [...]
Parliament to debate gender pricing and why there seems to be a premium on being female, as goods marketed towards women cost more February 2, 2016 MPs are set to debate an apparent tax on colouring things pink this evening, after research unveiled that the price tag on items marketed towards the fairer sex is routinely hiked up. The debate on gender pricing, which is set to take place in Westminster Hall at 4:30pm today, was raised by Paula Sherriff, the Labour MP for Dewsbury. [...]
Mattioli Woods share price edges down despite profit at the Aim-listed wealth management company inching up for its six months ended November 2015 February 2, 2016 Mattioli Woods has today revealed profit before tax of £2.8m for its six months ended November 2015, up 5.2 per cent from £2.7m for the same period the year before. Revenue for the wealth management and employee benefits company also rose to £19.9m, up 20 per cent from £16.6m the year before. Despite the uptick in [...]
Jobs market is booming for start of 2016, with vacancies growing by 15.8 per cent, but London doesn’t even rank within the top five for growth February 2, 2016 The jobs market has boomed into 2016 but, despite how packed the tube seems during rush hour, London has failed to place within the top five for job creation during the first month of the year. According to figures released today by CV-Library, the number of job vacancies grew by 15.8 per cent in January [...]
Greene King’s chairman Tim Bridge set to retire in May 2016 after over 45 years with the hospitality company, Philip Yea lined up as successor February 2, 2016 Greene King has today announced that chairman Tim Bridge will be retiring on 1 May 2016, and Philip Yea has been lined up as his successor. Bridge has been with the hospitality giant for over 45 years, 11 of which he spent as chairman. Yea will join the board today as a non-executive director and will take [...]
Next mayor will need to bank on private sector to fund London’s needed infrastructure boom, warns Institution of Civil Engineers February 2, 2016 An industry body for engineers has today called on the mayoral candidates to try out a private-sector focused funding platform that has been successful in the US to help fund London's much needed infrastructure boom. The Institution of Civil Engineers (ICE) has warned that the next Mayor of London will have to do something "radical and innovative" [...]
Pressure mounts on legal sector to make services easier for customers to understand as another consumer body joins the debate February 2, 2016 Legal sector regulators are facing further calls to make the marketplace easier for consumers to understand, as yet another consumer-focused body has voiced concerns. A report out today by the Legal Services Consumer Panel urges regulators to do more to make sure consumers can easily access useful information to help them make informed decisions. The study [...]
