Government on the hunt to tackle Britain’s unemployment gloom October 25, 2023 Prime Minister Rishi Sunak’s top business advisor is reportedly on a hunt to tackle Britain’s unemployment crisis as next year’s election looms. According to a Bloomberg report, Franck Petitgas met with recruitment and payroll business Employment Hero last week to discuss in detail how to get Britons back to work. Reforming the labour market could [...]
Wall Street chief: Remote workers ‘don’t work as hard’ as hybrid tide turns October 25, 2023 Goldman Sachs' chief executive, David Solomon, previously described remote working as an "aberration" that needed to be corrected "as soon as possible".
Fully remote workers are least satisfied and most Brits would take a pay cut for flexibility October 20, 2023 Fully remote workers are the least satisfied with their jobs while nearly two thirds of Britons would take a pay cut for more flexibility, according to a new survey. A poll of more than 5,000 UK employees by hiring platform Indeed found just 15 per cent of all workers think more remote working would make [...]
Inflation remains stuck at 6.7 per cent due to rising fuel prices as Bank of England’s battle continues October 18, 2023 The data will do little to reassure the Bank of England that its task to tackle inflation is over.
KPMG to cut jobs and freeze pay in deals division October 17, 2023 Around 110 employees, nearly seven percent of the KPMG's UK deals workforce, are expected to be laid off, according to the Financial Times.
CMA launches probe into Worcester Bosch amid ‘greenwashing’ boiler claims October 17, 2023 It will also look at information given by Worcester Bosch about the use of hydrogen for home heating in the UK
VR, drinks and AI materials brands among winners at KPMG Black Entrepreneurship Awards October 17, 2023 KPMG's Black Entrepreneurship Awards returned for its fifth year to celebrate entrepreneurial candidates contributing to economic growth.
Hoberman-led Tech Nation pledges £10bn funding bonanza for start-ups October 16, 2023 The start-up group freshly revived by Brent Hoberman has pledged to facilitate a £10bn investment bonanza for UK tech today as it restarts operations. The group wound down earlier this year after ministers pulled its funding.
Recruiters’ results reflect fears for jobs market October 12, 2023 Uncertainty about the economy continues to rock the jobs market as three FTSE 250-listed recruiters reported reduced fees and earnings this week. Hays gave an update today on its first quarter that ended on 30 September, showing a decline in net fees of 11 per cent in the UK, against a 7 per cent fall [...]
Recession, rates and growth: Three things today’s GDP figures tell us about the health of the UK economy October 12, 2023 Although the UK economy returned to growth in August, a recession may still be on the cards.