New analysis by the Chartered Management Institute (CMI) has revealed the scale of challenges of workplace inclusion facing UK businesses and the knock-on effect this has on business success and the wider economy. A survey of over 2,000 UK employees (not in managerial roles) found that … [Read more...]
News for: General Business News
Post-Brexit data protection reform sets out government plans to boost business and protect consumers online
The government has set out its plans to reform data protection rules following the UK's exit from the EU, promising to protect consumers while creating opportunities to boost business through innovation. The Data Reform Bill, set out in this year's Queen's Speech aims to bolster data protection … [Read more...]
UK commits to reform credit rules
The UK government has set out its intention to reform the Consumer Credit Act for the first time and update the rules for how people access credit. The Act has been in force since 1974 and sets out the rules for consumers and finance providers for loans, credit card purchases, and other finance. … [Read more...]
Number of job vacancies hits record high but pay struggles to keep pace with inflation
The number of job vacancies in March to May 2022 rose to a new record of 1,300,000, according to the latest figures published by the Office of National Statistics (ONS), with regular pay down 2.2% when adjusted for inflation. Despite record high numbers of jobs being advertised by employers, the … [Read more...]
UK output fell 0.3% during April
The UK's economic output fell 0.3% during April, the Office of National Statistics (ONS) has revealed in its latest Gross Domestic Product (GDP) data. While GDP saw small declines in March and April 2022, the ONS also reported that the economy had grown overall by 0.2% in the three months to … [Read more...]
All new homes and buildings set to be fitted with EV chargers
From June 15th, new rules will come into effect mandating new homes and commercial buildings such as offices and supermarkets to be constructed with EV chargers in place. The new rules aim to make it easier for people to charge their electric vehicles either at home, work or while out shopping to … [Read more...]
BEIS to host webinars ahead of changes to product safety standards
The Department for Business, Energy & Industrial Strategy (BEIS) is hosting a series of webinars to help businesses understand the process of adopting new safety standards and marketing following Brexit. The UK Conformity Assessed (UKCA) marking rules replace the Conformité Européenne (CE) … [Read more...]
Inflation and energy prices are Hallidays’ top financial headlines for June
Inflation and action on energy prices are the top financial headlines in June as Stockport accountancy firm, Hallidays, share their run down of the key stories for business this month. Chancellor announces windfall tax on energy firmsChancellor Rishi Sunak will impose a windfall tax on energy … [Read more...]
Majority of North-west businesses back to pre-pandemic revenues
The majority of medium-sized businesses in the North-west have returned to trading at pre-pandemic revenues, according to research by business advisory group BDO. After seeing sales fall sharply two years ago, analysis by BDO finds half are performing at the same level as before the pandemic, … [Read more...]
£31 million invested to help industry cut use of fossil fuels
The government has announced new funding of over £31 million to help industry reduce its dependence on fossil fuels and cut CO2 emissions. Funding announced on 31st May includes support to help businesses move away from red diesel or gas oil for plant, particularly in quarrying and construction. … [Read more...]
UK and Mexico enter enhanced trade talks
Negotiations have launched on a new UK Mexico Free Trade Agreement, set to enhance trade relationships between the UK and the world's 16th largest economy. The deal seeks to update existing relationships to better support the shift to a more digital economy. Negotiations began in London on 20th … [Read more...]
UK: £300 million to cut youth crime and make streets safer
Thousands of troubled children and teenagers teetering on the edge of crime will be put back on the right track thanks to the largest youth justice funding boost in a generation – cutting crime and making streets safer. Around 80 percent of prolific adult offenders begin committing crimes as … [Read more...]
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