Future of Work

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675 jobs to go after giant brewing takeover

Brewing giant AB InBev plans to cut up to 575 UK jobs at rival SABMiller, according to details of its £79bn takeover. SABMiller employs 523 at its base at Woking, Surrey and 51 in London. The deal, agreed last year, will create the world’s biggest beer firm, producing about 30% of the world’s beer. It […]

Payday loans

PAY INCREASED BY THREE PER CENT IN JULY STUDY SUGGESTS

Pay increased by an average of 3% last month, although workers in northern cities enjoyed bigger rises, a study has found. Firms in Leeds, Sheffield and Manchester paid the biggest wage rises in sectors including retail, legal and finance, said jobs site CV-Library. Managing director Lee Biggins said: “The rise in salaries across the UK […]

Young worker

TWICE AS MANY YOUNGER WORKERS RECEIVE NON SALARY REWARDS AS OLDER WORKERS

When it comes to employee motivation, a one size fits all approach does not work in today’s modern office, made up of millennials, gen x and baby boomers. As employees work longer on into retirement age and millennials enter the workplace, bosses in the UK face the persistent challenge of how to keep three different […]

Financial services

Financial services sector needs new enforcer say MPs

Punishment of banks that break the rules may be better served by a new enforcer in the light of failures surrounding the HBOS collapse, MPs say. Supervision and prosecution of the industry lies with the same watchdog – now the Financial Conduct Authority. This system is “outdated and can be construed as unfair”, warned the […]