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New research highlights salary boost of digital skills bootcamps

Tech skills offered by government-backed Skills Bootcamps can lead to jobs with average salaries exceeding £70,000, new research has revealed. Research from Barclays Eagle Labs and Beauhurst, and funded by DSIT’s Digital Growth Grant reveal that roles in technology overall pay an average of 55% … [Read more...]

Short-term lets rules to be strengthened in planning reforms

Property owners will be required to seek planning permission for future short-term lets under new changes to planning rules proposed by government. The reforms will give local authorities greater powers to limit the proliferation of new short-term lets, such as Airbnb apartments or holiday … [Read more...]

King Charles III banknotes to enter circulation from June 2024

Banknotes carrying a portrait of King Charles III will enter circulation from June 2024, the Bank of England has confirmed. From 5th June 2024, banknotes with a portrait of the King will appear on the £5, £10, £20, and £50 notes. No other changes to the design will be made. Polymer banknotes … [Read more...]

New statutory Code of Practice aims to end ‘fire and rehire’

Controversial 'fire and rehire' employment practices will be blocked under a new statutory Code of Practice for businesses. 'Fire and rehire' refers to the practice when an employer dismisses and employee in order to re-engage them on a new contract, typically for the purposes of introducing less … [Read more...]

HMRC warns Self Assessment taxpayers of rising scam reports

Self Assessment taxpayers are being minded to be wary of bogus tax refund offers following a rise in the number of scams and 'suspicious contacts' reported to HMRC. With more than 11.5 million UK taxpayers filing a Self Assessment return and paying any tax owed ahead of the 31st January … [Read more...]

UK economy entered recession in second half of 2023

The UK economy entered a technical recession in second half of 2023, after recording two consecutive quarters of negative growth, the Office of National Statistics (ONS) has confirmed. The latest Gross Domestic Product (GDP) figures from the ONS reveal the UK economy contracted by 0.3% in the … [Read more...]

Inflation holds at 4% despite energy price cap rise

The Consumer Price Index (CPI), the Office of National Statistics' (ONS) headline rate of inflation, has held at 4% in January, despite forecasts predicting a small rise. A small rise in inflation in January had been expected as a result of the increase in Ofgem's energy price cap pushing up … [Read more...]

Azets research reveals UK gap in succession planning

New research by UK top ten accountancy and advisory firm Azets has revealed that fewer than one in ten UK businesses have succession planning fully integrated into their strategy, despite 30% of companies demonstrating a widespread recognition of its importance. The Azets Barometer January 2024 … [Read more...]

New biodiversity rules take effect for major housing schemes

New rules have come into effect that will require housing developers to demonstrate biodiversity gains of their schemes as part of the planning process. Biodiversity Net Gain rules will require developers in England to both minimise their impact on nature, and to create new habitats or enhance … [Read more...]

Handelsbanken yields record UK annual results

Local relationship bank Handelsbanken has reported its best ever UK annual results, despite a challenging economic backdrop both at home and abroad. Handelsbanken’s relationship-driven model and emphasis on customer satisfaction has proved resilient, with the bank posting its highest ever income, … [Read more...]

Further funding will support regulation and advancement of AI

Following the government's AI Regulation White Paper consultation and the establishment of the AI Safety Institute, UK regulatory bodies are to receive additional funding to address challenges of artificial intelligence. £10 million will fund work to prepare and upskill regulators to address the … [Read more...]