More than half of people planning to retire this year would consider, or already are, working past their state pension age, research has found. Some 51% of people surveyed are working past their state pension age or would consider doing so, Prudential found. This marks the fifth year in a row of the surveys by […]
Delivery firm Deliveroo is calling on the Government to update legislation to give self-employed people greater security while maintaining the flexibility they want. The firm said current employment law prevents companies from extending some of the entitlements that are open to “workers” without calling into question the status of its riders, who are classed as self-employed. In […]
The world of work is going to be “reshaped” because of the end of unlimited cheap labour, threatening job losses, business closures and weaker pay growth, a new report says. The Resolution Foundation said the UK’s labour market was at a “tipping point” because of falling migration and risinglabour costs. The think tank warned that failure to tackle the […]
Hairdressers, cleaners and construction workers are being told they have to become self-employed so their employer could avoid the costs of sick, holiday or maternity pay, it has been revealed. Callers to the helpline of the conciliation service Acas also disclosed that offers of work dried up if they became pregnant or had a serious illness. Some workers who […]
More than a million foreign workers are preparing to ditch Britain, adding to fears that the country is facing a Brexit brain drain, new research shows. The survey by accountancy giant Deloitte shows that 36% of non-British workers currently in the country say they are thinking about leaving by 2022, with 26% planning to move […]
Royal Bank of Scotland is cutting 443 UK jobs dealing with business loans as it shifts many of the roles to India. The state-owned bank said it was moving the jobs, which help to handle loans for small businesses, as part of an ongoing cost-cutting drive. But the company, which owns RBS and NatWest, added […]
The Co-operative Bank says it is in “advanced discussions” with a group of existing investors with a view to raising new funds. The bank said it was responding to media speculation over the weekend regarding its recapitalisation. Co-op Bank was forced to offer itself for sale in February after it was unable to reach a […]
An urgent post-Brexit workforce plan is needed amid warnings of a recruitment crisis in the NHS and care sector, the Government is being warned. New statistics showed that the number of EU nationals working in health and social care has increased by 72% in the last eight years. An analysis by the GMB union revealed there are […]
European firms are poised to hire a large number of cyber-security professions in the next 12 months to fight the increasing threat posed by hackers. The overall cyber-security skills shortage may rise to 350,000 workers in Europe by 2022 and firms across the continent are now intent on avoiding that possibility. Organisations across Europe are […]
Firms are set to become more reliant on temporary workers in the coming months to plug a shortage of skilled staff, a report says. A survey of over 600 employers showed virtually all were planning to increase or maintain their temporary workforce. The Recruitment and Employment Confederation (REC) said the trend was in response to […]
