Tag Archive for Outlook

Salaries rise in a bid to maintain a resilient job market

Business confidence is remaining strong, with UK salaries increasing by 3.2 per cent in October 2016, when comparing data with the previous month, according to the latest data from CV-Library. Further still, certain cities witnessed above average growth in wages during this period, including: Cardiff (14.6 per cent), Edinburgh (7.6 per cent) and Liverpool (7
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SME confidence rebounds as businesses see new opportunities

SME confidence has recovered since the shock of the Brexit vote, but business owners doubt whether Theresa May’s government can really help them seize the opportunities, according to the latest quarterly Smith & Williamson report. The Smith & Williamson Enterprise Index finds that 73 per cent of business owners are confident in their own prospects for
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One in four Brits say work makes them unhappy

Some 10 per cent of employees report not having even one good day at work each week and only 5 per cent rate work-life balance as an important factor for a good day at work, according to a study by Robertson Cooper and the Bank Workers Charity (BWC). The research explores how employers can foster working environments
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Tax cuts prevented government from balancing the books

Tax giveaways worth £32 billion this year have prevented the government from meeting its fiscal targets, according to new analysis published today by the Resolution Foundation as it calls on the Chancellor to set out a new approach to tax cuts in his Autumn Statement. The Foundation says that expensive tax cuts implemented by the
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Business investment expected to slow after Autumn Statement

Revising down its GDP growth forecast to 1.3%, from 2% in the previous forecast, CBI predicts a weaker economic performance next year after the Chancellors Autumn Statement. The business group’s growth forecast in 2016 is unchanged at 2%, reflecting a stronger first half of the year and resilience in the months since the Referendum. But
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Alternatives to ease stressed workers for National Stress Awareness day

Following on from the announcement that stress has become the top health and safety concern in the workplace on National Stress Awareness day, UK job network City Calling reveals how companies are tackling this issue with ‘soft benefits’ aimed countering rising stress levels. Today see’s the nation engaging in National Stress Awareness day, a campaign to teach people how
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Stressed workers more likely to blame physical illnesses for absence

A quarter of  stressed workers have taken time off but blame it on physical illness instead, a report by Aviva finds. The report looks into the causes for employee absences in time for National Stress Awareness Day. Stress has become the top health and safety concern in the workplace and National Stress Awareness Day aims to tackle
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Strengthening employee representation voice is the right response

The government should consider introducing a new ‘comply or explain’ requirement for businesses to assess the best route to improving employee representation and introduce a binding vote on executive pay for companies that continually fail to satisfy shareholders with remuneration decisions, according to CBI. In its response to the BEIS Select Committee inquiry into corporate
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West End festive sales set to light up a gloomy year

West End retailers are anticipating a very merry Christmas to add sparkle to an otherwise challenging year. Till receipts for the Christmas trading period, which kick starts this Sunday when the Christmas lights are switched on across the West End – are forecast to rise 1.6 per cent year-on-year to £2.34 billion, a new report
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More than a third of millennials aspire to work for themselves

More than a third (39 per cent) of millennials aspire to work for themselves and own their own business – with half hoping to be their own boss by their late twenties (51 per cent), according to a survey. The study, by Opinium Research, finds that, for 61 per cent of those who want to
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