Future of Work

EU2

Post-Brexit doommongering could lead to slowdown says pub chain boss

The Brexit-backing chairman of JD Wetherspoon has lashed out at Chancellor George Osborne, the IMF, the Bank of England and a host of other organisations, blaming them for a potential slowdown following the EU referendum vote. Tim Martin called into question their honesty and economic judgment during the referendum campaign, also singling out the CBI, […]

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Post Brexit sterling plunge a big issue warns John Lewis boss

The boss of John Lewis has warned that the plunge in sterling could become a problem for the department store chain. Andy Street said that although the firm is “fully hedged” against currency fluctuations for 2016/17, next year it could be an issue. He said: “The big issue is the decline in exchange rates. We […]

National Living Wage Firms Go Bust

National Living Wage has not led to job losses survey finds

Employers have responded to the new National Living Wage (NLW) by raising prices or reducing profits rather than cutting jobs, according to a survey from the Resolution Foundation. The wage, which requires employers to pay staff aged 25 and over at least £7.20 an hour, was introduced in April. This report is the first snapshot […]

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More than 1000 jobs lost as My Local falls into administration

Convenience store chain My Local has fallen into administration, resulting in the loss of over 1,000 jobs. Ninety-three of the retailer’s 125 stores will close, with the remainder trading out of administration while buyers are sought. If administrator KPMG cannot find a purchaser, the remaining stores will also likely close, resulting in further job losses. […]

Payrise

Recovery complete as average income rises above pre-recession levlels

The average income in the UK moved above its 2009-10 peak in 2014-15, official figures show, owing to a rise in the number of people in work. The mid-point net income of all households in the UK was up 3% after inflation. That meant average income before housing costs reached £473 per week – around […]

Homebase

700 Homebase jobs could be saved by new owner

Up to 700 jobs could be saved at DIY chain Homebase after the retailer’s new owner said it would scrap a plan to close stores. Australian retail giant Wesfarmers said it was looking to keep open 18 stores previously earmarked for closure in a move that will protect between 500 and 700 jobs. The firm […]

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Teenagers have a digital lifestyle that service providers need to adjust to

A Global study maps unique digital DNA of teens as they become the next generation of paying customers Amdocs, the leading provider of customer experience solutions, today announced the results of a global study1 into the digital DNA, behaviour and expectations of today’s teenagers (aged 15-18 years old). The study reveals a fragile relationship between […]

EU2

EU citizens and ‘Brexit’ – who do they trust with their data?

Research Reveals the Trust Issues of EU Employees with Storing or Hosting Work Information in the Cloud Blue Coat Systems, Inc. a leading provider of advanced web security solutions for global enterprises and governments, today revealed the results of an online study carried out by YouGov among 3,130 workers in various industries across Great Britain, France […]