Future of Work

Apprenticeships

Apprenticeship take-up down by a quarter

The number of people starting a training programme has fallen “substantially” under the government’s new apprenticeship scheme, according to the National Audit Office (NAO). The public spending watchdog said the government was “very unlikely” to hit a 2020 target of 3 million new starts. The government had some way to go before it showed the […]

Giraffe and Ed’s Easy Diner chains to close 27 sites

The owner of Giraffe and Ed’s Easy Diner is to close 27 restaurants putting hundreds of jobs at risk. The brands will enter a company voluntary arrangement (CVA) and close almost a third of their 87 restaurants. Boparan Restaurant Group (BRG) said sales had improved at the chains since they were acquired in 2016, but […]

Virgin Atlantic removes female cabin crew make up rule

Virgin Atlantic has removed its long-standing requirement that female cabin crew wear make-up while on duty. Female cabin crew, whose uniform features a tight, red skirt, will also now be offered trousers automatically, rather than only when requested. It said it was a “significant change”. Newer airlines, such as EasyJet and Ryanair, typically have relatively […]

Metro Bank shares slump on cash call after accounting error

Metro Bank shares have fallen sharply for a second day running, after it unveiled plans to raise £350m from investors to plug a funding gap left by an accounting error. The bank revealed last month that it had underestimated the risk level of some of its commercial loans. As a result, it intends to issue […]

Two in three of business owners haven’t even heard of the apprenticeship levy

Employers only have until May to spend their initial funds paid into the apprenticeship levy – but 93% of UK business owners and managers still say they won’t or don’t know if they’ll be making use of the levy. Findings from CIPD course providers, DPG Plc., also found that well over half of their respondents hadn’t even heard […]

Workplace disconnect between millennials and their organisations

Workers haven’t realised the advantages of mobile, with 91% still preferring to use a desktop or laptop for administrative tasks, as revealed by research commissioned by ABBYY, the global provider of content IQ solutions. The research, of 1,246 employees in the UK, found that only one third (35%) use mobiles for administrative tasks, despite 43% of […]

Royal Bank of Scotland warns of Brexit harm as profits double

Royal Bank of Scotland has reported profits of £1.62bn for 2018, more than double the £752m it made a year earlier. RBS chief Ross McEwan called the results “a good performance in the face of economic and political uncertainty”. Mr McEwan said the UK economy faced “a heightened level of uncertainty related to ongoing Brexit […]

2.6 million Brits aim to become their own boss in 2019

New research reveals that more Brits than ever before want to start their own business in 2018.  The survey of 1,000 working British people, carried out by award-winning cloud accounting software provider FreeAgent, found that 8% intend to start their own business within the year of 2019. With over 32 million people currently working in […]

Patisserie Valerie rescue saves 2000 jobs

Patisserie Valerie is being bought out of administration in a deal that will save nearly 2,000 jobs. The management team at the coffee and cake chain has secured backing from investment firm Causeway Capital to take over 96 shops. Sister brand Philpotts has also been sold in a separate deal, saving a further 21 stores. […]