Thought leadership

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 […]

TalkTalk1

TALKTALK SHARES RISE ON NEWS THAT DIDO HARDING IS LEAVING THE BUSINESS FOLLOWING HACKING BREACH

TalkTalk chief executive Dido Harding is to leave the telecoms group in May after seven years. Baroness Harding will be replaced by current managing director Tristia Harrison, the broadband provider said. But TalkTalk also said that founder Sir Charles Dunstone will become executive chairman after he steps down as chairman of Dixons Carphone in May. TalkTalk, recently […]

54013911 - january 18, 2016: an illustration of a portrait of republican presidential candidate donald trump on background textured by concrete wall surface

Business leaders express concern over US President Donald Trump’s travel bans

Sir Martin Sorrell has added his name to the growing number of business leaders voicing concern over US president Donald Trump’s travel ban on seven Muslim-majority countries and refugees. The tycoon, boss of advertising giant WPP, said he has an “instinctive dislike” of the measures, which has resulted in travel chaos and global protests. Sir […]

55619036 - us individual income tax return form with pen and calculator

Class pay gap shows Britain remains deeply elitist says new report

Professionals from working class backgrounds are paid £6,800 less than colleagues who had affluent upbringings, research has found. Women and ethnic minorities face a “double disadvantage” that means their earnings are hit even harder, according to the Social Mobility Commission report. The 17 per cent pay gap shows that Britain remains a “deeply elitist” society, […]