Future of Work

Gender equality

GENDER EQUALITY NOW COVERS HALF OF FINANCIAL SERVICES SECTOR WORKERS

Almost half of workers in financial services are now covered by a “groundbreaking” government plan to tackle gender inequality, it has been announced. A total of 122 companies employing more than half a million staff have signed up to a charter launched a year ago, with some committing to a 50/50 gender split in senior […]

UK job market

BUSINESSES ‘FACE SCRAP FOR FOREIGN STAFF’ AS IMMIGRATION RULES TIGHTEN

Companies in every business sector will be competing for a reduced pool of workers because of expected migration controls, according to a new report. Hotels, manufacturers and transport will be hardest hit by limits on the movement of workers born outside the UK, says consultancy firm Mercer. A third of workers in accommodation and food […]

62799703 - tokyo, japan - june 5, 2016: apple iphone 6s with airbnb website on the screen.airbnb is a website for people to list, find,and rent lodging.airbnb an online platform for accommodation

AIRBNB RAISES $1BN OF INVESTMENT FUNDING TO FUEL GLOBAL EXPANSION

Home rental company AirBnB has raised $1bn (£821m) of investment funding in a deal that values the firm at $31bn. The San Francisco-based firm disclosed the investment in a filing to the US Securities and Exchange Commission. AirBnB did not comment on how it would use the funding, but is expected to expand its operations globally. […]

21674821 - white vauxhall astra sports tourer, at the vauxhall factory, ellesmere port, england

FRENCH OWNERS OF PEUGEOT AND CITROEN TO BUY VAUXHALL IN CONTROVERSIAL DEAL

The French company that owns Peugeot and Citroen has struck a 2.2bn euro (£1.9bn) deal to buy General Motors’ European unit, including Vauxhall. GM Europe has not made a profit since 1999 and the deal has raised fears about job losses at Vauxhall. The UK factories at Ellesmere Port and Luton employ about 4,500 people. […]

13622056 - people working in the service sector

SERVICES SECTOR GROWTH SLOWS BUT BUSINESS STILL CONFIDENT ABOUT PROSPECTS FOR 2017

Growth in the UK’s dominant service sector slowed last month, according to a closely watched survey, while price pressures “remained intense”. The Markit/CIPS purchasing managers’ index (PMI) recorded its first slowdown in the services sector for four months. The index fell to 54.5 in January from the previous month’s reading of 56.2. However, a reading above 50 […]