Thought leadership

31471223 - london - september 5th: the exterior of the gilpin's bell pub on september the 5th, 2014, in london, england, uk. wetherspoon's is the uk's biggest pub chain.

PUB CHIEF CRITICISES ‘DINNER PARTY’ BUDGET THAT FAILS TO TACKLE TAX INEQUALITIES WITH SUPERMARKETS

The chairman of JD Wetherspoons has criticised the Chancellor for a “dinner party” Budget that failed to tackle tax inequalities between pubs and supermarkets. Tim Martin said pubs paid 20% VAT on food sales while supermarkets paid “almost nothing”, enabling them to subsidise alcoholic drink prices. He said this favoured those who held dinner parties […]

34704708 - melbourne australia - december 13, 2014: samsung korean electronics

CORRUPTION TRIAL OF SAMSUNG BOSS BEGINS IN SOUTH KOREA

The trial of Samsung’s de facto head Lee Jae-Yong on a string of corruption charges including bribery and embezzlement has begun in South Korea. Mr Lee was not present at the preliminary hearing, but his lawyer denied all charges on his behalf. The case is linked to a massive scandal that led to the impeachment […]

49274096 - multi ethnic business people, entrepreneur, business, small business concept

PROPOSALS TO END ETHNIC INEQUALITY COULD BOOST ECONOMY BY UP TO £24BILLION

British firms could boost the UK economy by up to £24 billion a year if they enforced new proposals designed to stamp out ethnic inequality in the workplace, according to a Government-backed review. The Baroness McGregor-Smith review wants companies with 50 or more staff to publish a breakdown of their workforce by race and pay […]

Woman-in-power

GOVERNMENT CALLS ON FIRMS TO PUBLISH BREAKDOWN OF WORKFORCE BY RACE AND PAY

A government-backed review has called for many firms to publish a breakdown of their workforce by race and pay. The report by Baroness McGregor-Smith said the economy could receive a £24bn annual boost if businesses stamped out ethnic inequality. It found that people from black and minority ethnic (BME) backgrounds were still often disadvantaged at […]

21477410 - high angle view of multiracial businesspeople stacking hands over each other

THE VALUE OF EMPLOYEE LOYALTY REVEALED – AND IT’S HUGE

Employee loyalty has been valued at almost a quarter of the average UK worker’s annual salary, according to new research. Research published in the Loyalty Premium Report 2017, published by rewards and incentives provider, One4all Rewards, investigated a number of costs involved in staff departures, and revealed the value of loyalty, based on the average […]

51611863 - global economy abstract background. world economy mechanism conceptual background illustration with trading stats, compass rose and some mechanisms.

FAILURE TO MOTIVATE OUR PEOPLE COSTING THE UK ECONOMY £24BN EACH YEAR

Every day, a lack of motivation in the workplace causes thousands of employees across the UK to feel dissatisfied with their jobs. This not only leads to poor productivity and increased sick days, but it is estimated that the resulting failure to retain employees costs the UK economy over £24 billion each year. To tackle […]