The Business Secretary Grant Shapps has announced the launch of a review into tackling late payments for small businesses and encouraged larger organisations to ensure their suppliers are paid promptly. The Payment and Cash Flow review will scrutinise existing payment practices and the measures … [Read more...]
News for: General Business News
Millions of Britons to be able to request flexible working from day one of employment
New plans to improve working conditions for employees will give millions of workers the right to request flexible working arranges from their first day. Changes to rules being proposed by government will allow employees to request to make use of arrangements such as job-shares, flexitime and … [Read more...]
Employees from minority groups are bigger flight and wellbeing risk
A report published by employee engagement platform WorkL has found that workers from minority groups are more likely to leave their current role and have a significantly higher wellbeing risk. WorkL’s Employee Experience Report 2022 analysed data from its employee experience database and found … [Read more...]
Outsourced IT providers to be included in updated cybersecurity regulations
Changes to the UK's cybersecurity standards will see outsourced IT providers brought under the scope of regulations to ensure vital services such as energy supplies and transport are protected from digital threats. The proposed updates to the Network and Information Systems (NIS) Regulations come … [Read more...]
Spiralling costs stalling UK businesses’ investment plans, finds Together survey
Hundreds of UK businesses have slashed millions from their investment plans amid turbulence in the UK economy, according to a new survey by Cheadle-based specialist lender, Together. Business leaders heading up 300 small and medium enterprises (SMEs) said they had invested an average of £565,000, … [Read more...]
£1 billion ECO+ scheme announced to insulate least energy-efficient homes
Business and Energy Secretary Grant Shapps has announced the launch of the ECO+ scheme, a new government initiative to insulate homes and reduce household energy consumption and bills. The £1 billion scheme adds to the £6.6 billion Help to Heat energy programmes to support those not currently … [Read more...]
Construction materials availability returns to pre-pandemic levels
The availability and supply of construction products and materials has recovered to its 2019 pre-pandemic levels, according to a report from the Construction Leadership Council (CLC). In the joint Product Availability Statement from John Newcomb, CEO of the Builders Merchants Federation and Peter … [Read more...]
Companies House urges businesses to file accounts online ahead of December deadline
Companies House is urging business owners to ensure their annual accounts are filed on time to avoid any penalties. All limited companies, including dormant companies, are required to submit annual accounts to Companies House each year, whether they trade or not. It’s the directors’ … [Read more...]
210,000 more over 50s in work than last year
Over nine million over 50s are now on the payroll across the UK, amid a government campaign to support more older people back into work. The campaign has created dozens of 50 PLUS Champions across the country who work directly with Jobcentres and employers to address barriers keeping older people … [Read more...]
Major projects helping to ensure stability for UK construction sector, Glenigan finds
Major project starts have helped to maintain sector-wide stability, construction sector monitor Glenigan has revealed in its the November 2022 edition on its Construction Review. The Review focuses on the three months to the end of October 2022, covering all major (>£100M) and underlying … [Read more...]
Christmas workers invited to use HMRC app to share employment details at new jobs
With tens of thousands expected to start seasonal, temporary employment in the run-up to Christmas, HMRC is encouraging people starting new jobs to use their app to share employment and income details with employers. 340,000 are already using the HMRC app to access employment and income … [Read more...]
Chancellor delivers Autumn Statement
Chancellor of the Exchequer Jeremy Hunt has delivered his Autumn Statement, setting out a raft of tax increases and spending cuts in a bid to shore up the UK's public finances. Addressing the House of Commons, Jeremy Hunt set out three priorities of his Autumn Statement: stability, growth and … [Read more...]
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