Lower earnings growth, higher inflation and ongoing welfare cuts detailed in the Autumn Statement mean that a renewed income squeeze is set to be even more severe than that seen in the last parliament, according to a new report published by the Resolution Foundation analysing the impact of the Autumn Statement 2016. The report finds
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Job hopping trend heralds new era of personal data risk
by Owen Gough • • 0 Comments
Graduates are job hopping more often than previous generations, according to new research. It is estimated that by the time today’s millennials reach the age of 32, they will have changed jobs four times. With this trend for job hopping comes an increase in the number of employment records that HR departments must retain, store securely
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Autumn Statement 2016: National Living Wage goes up
by Ben Lobel • • 0 Comments
Chancellor Philip Hammond has revealed in the Autumn Statement 2016 announcement that the National Living Wage will go up from £7.20 to £7.50 from April next year for workers aged over 25, which could mean increased pressure on the margins of small businesses in many sectors. The increase is expected to give a much-needed boost to the
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UK SMEs unphased by year of market turbulence and uncertainty
by Owen Gough • • 0 Comments
While 2016 has, for some, been the year of years to worry about market turbulence and instability – the proportion of UK SMEs that bemoan external barriers to growth has actually fallen in the last 12 months. While many think tanks and major international brands have commented on the apparent negative impact of Brexit – and
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Britain the biggest Christmas spending nation in Europe
by Owen Gough • • 0 Comments
Brexit doesn’t appear to have dampened Brits’ Christmas spending spirit this year, with research commissioned by RetailMeNot, the world’s largest marketplace for digital offers and operator of VoucherCodes.co.uk, forecasting £77.56 billion to be spent during the Christmas shopping season in 2016 – an overall increase of 1.9 per cent from last year. Shopping on mobile
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Autumn Statement 2016: Businesses cannot rely solely on government
by Ben Lobel • • 0 Comments
Following yesterday’s news that UK SMEs have shown a lack of trust and familiarity with Philip Hammond, business owners and advisers are wondering how the Chancellor can inspire optimism for the economy and the UK’s business prospects. Andy Hart, head of Investec Asset Finance says, ‘We welcome any sustainable effort to stimulate the economy but government policy alone
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The best Christmas shopping cities in Britain
by Owen Gough • • 0 Comments
London takes the top spot as the UKs best city to go Christmas shopping, according to a new study. Some 10,000 people in the UK were asked by retail specialists shop4pop.com which British cities they believe offer the best Christmas shopping experiences in the country. Responses ranged from major shopping cities like London and Manchester
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Autumn Statement 2016: Demand for simplification of taxes
by Ben Lobel • • 0 Comments
Some 78 per cent of taxpayers say that elements of the UK tax legislation system are unfit for purpose, that it undermines credibility in the eyes of the general public and places an unnecessary burden on UK individuals. Furthermore, 62 per cent of respondents say that HMRC resources should be dedicated to achieving simplification in the tax
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UK workers say the office whip round drives them mad
by Owen Gough • • 0 Comments
The office whip round causes friction, embarrassment and apathy amongst colleagues, according to new research from www.Londonoffices.com. In offices where a collection for cash is started to buy a birthday present, leaving gift or charity challenge, colleagues are encouraged to donate anything from loose change up to £20 and it is starting to grate with the
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Pre-Autumn Statement: the longest tax freeze in history must be cut
by Owen Gough • • 0 Comments
Pre-Autumn Statement releases and announcement rumours of a continuing freeze in fuel duty till April 2018 show that the Chancellor of the Exchequer is looking to lower prices at the petrol pumps to steady the economy, according to FairFuelUK. However, following the Autumn Statement UK petrol drivers will remain the 5th most fuel taxed in
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