Future of Work

Business threat

Serious threats to businesses ahead despite good news on pay and jobs

Jobs and pay are increasing, but business faces “serious threats” in the coming months which will impact on confidence and investment, according to a new report. Research among 400 recruitment firms found that permanent staff placements reached a three month high in February, while job vacancies also increased. The availability of staff for permanent and […]

EU

Skills shortage could worsen if Britain leaves the EU in June

The UK’s shortage of skilled workers could get worse if Britain leaves the European Union, a leading recruitment firm is warning. Manpower said employers relied on the free movement of people inside Europe, highlighting figures showing that over 200,000 jobs created in the last year were filled by people across the EU. The group’s managing […]

Retirement2

Workers should double the amount they are saving into their occupational pension schemes, a two-year review for the Labour Party has concluded

The Independent Review of Retirement Income (IRRI) suggests the target for savings should be 15% of salary. That is a considerably higher level than has been suggested previously. At the moment the average worker puts just 4.7% of pay into a pension – with most employers making a further contribution of less than 4%. “To […]

Retail job

Retail sector could lose close on a million jobs in next decade

One of the UK’s largest employers, the retail sector, is facing the loss of up to 900,000 jobs and the closure of thousands of shops in the next decade. A British Retail Consortium report says rising costs due to the National Living Wage and the new apprenticeship levy could speed up job cuts. The pair […]

EU2

Brexit will make no difference to us says British Airways boss

The boss of the firm which owns British Airways has said a British exit from the European Union would not have a “material impact” on the business. But Willie Walsh, chief executive of International Airlines Group which also includes Ireland’s Aer Lingus and Spain’s Iberia, said the possibility of a so-called Brexit was causing uncertainty […]

EU1

Brexit potentially damaging to UK economy says Standard Life boss

With a leave/remain European Union  referendum called for June 23 the chairman of Standard Life has waded into the debate over Britain’s membership of the European Union claiming a Brexit would be “potentially damaging” to the UK economy. Sir Gerry Grimstone said access to the single market was in the “best interests” of its clients […]

Digital checklist

Digital transformation in Comms industry not happening fast enough

Half of C-level and other service provider decision makers predict that it will take their companies more than five years to transform. This is not fast enough according to 64 percent of respondents to a global survey who believe that the communications industry will be outpaced by other industries. The survey was by top analyst […]

Business

European businesses leading the world in optimism for the future

British businesses entered the new year more optimistic than those in almost any other country, with high hopes for rising profits and job creation, according to research. A survey of more than 10,000 companies across the world by Grant Thornton, the accountants, found that nearly three quarters of UK-based businesses said they were hopeful for […]