Future of Work

LK Bennett bought but 15 stores to close

High-end fashion chain LK Bennett has been bought out of administration, saving 325 jobs. However, 15 of the retailer’s stores are not included in the deal and will close, leading to the loss of 110 jobs. LK Bennett has been bought by Byland UK which was set up by Rebecca Feng, who runs the company’s […]

Lloyd’s of London calls time on drink and drugs at work

For most workers, telling them they can’t roll into the office stinking of alcohol or high on drugs is unnecessary – because it’s taken as read. This week, though, the giant Lloyd’s of London insurance market, in the City of London, is setting out a new code of conduct: it felt it needed to remind […]

Debenhams on brink of administration

Debenhams is on the brink of administration after it rejected a new offer from Sports Direct, made in the early hours of Tuesday, to pump £200m into the department store. Its shares were then suspended before Tuesday’s trading, at its own request. Debenhams is likely to go into pre-pack administration, under which shops would continue […]

Centrica boss gets 44% pay rise after ‘challenging year’

The chief executive of the company which owns British Gas received a 44% rise in his pay last year to £2.4m. It means Iain Conn, who runs Centrica, is paid 72 times that of an employee in the lower quartile of its salary range – a smart energy expert paid £33,718. The pay deal comes […]

Eight ways to stay motivated in your career year round

According to a YouGov survey, priorities for 2019 included travel, getting a promotion or pay rise, followed by the resolution to improve mental health. This also includes people looking to eat better, exercise more, care for themselves better, learn new skills and get a new job. However, a survey conducted by Investors People had found […]

Boots warns of possible store closures

The US owner of pharmacy chain Boots has warned of possible store closures in the UK as it tries to cut costs. Walgreens Boots Alliance said it would take “decisive steps” to reduce costs as part of a company-wide “significant restructuring”. The move comes after the chain said it had suffered its “most difficult quarter” since the […]

Dogs at work: Organisations barking up the wrong tree

Recent research commissioned by Perkbox, Europe’s fastest growing employee experience platform, to celebrate the inaugural London Dog Week, has found that the main barrier to having dog friendly policies at work isn’t company culture but in fact obstacles such as building the right policies for such initiatives to work. The research, which polled employed UK […]

Need for employee resilience heightened in a time of constant change

Challenges facing UK businesses in the next five years have heightened the need for employee resilience, according to new research1 from recruitment specialist Robert Half UK. As businesses adapt to an ongoing period of change, more than nine in 10 (94%) CFOs think developing resilience amongst their employees will be important over the next two […]

Sleep Deprivation: Supporting New Parents in the Workplace

Managers have a responsibility to look after the well-being on their staff, even if they are struggling due to external factors outside of the workplace. A change in circumstances can massively impact an employee’s performance and job satisfaction, especially when it comes to life changing events such as having children. According to the National Sleep […]

Firms dragging their feet on gender pay gap reporting

UK companies are dragging their feet on gender pay gap reporting. With just one week to the deadline, nearly two-thirds of companies still have not disclosed the average difference between what they pay male and female employees per hour. In total, more than 10,000 of the UK’s large firms are expected to report, but just […]