A recent study of the UK’s largest firms has highlighted that neurodiverse business leaders should serve as role models within their organisations. According to 64% of FTSE 350 Board Directors and HR professionals, fear of stigma and potential repercussions is discouraging neurodiverse leaders from discussing their diagnoses openly. The research, commissioned by celebrity chef Heston […]
SSE and TotalEnergies have launched a joint venture aimed at boosting the electric vehicle (EV) infrastructure in the UK and the Republic of Ireland by installing 3,000 ultra-fast charging points. The new business, named Source, plans to deploy these charging points over the next five years, strategically placing them in 300 hubs along major roads […]
The latest SME Barometer from Prism has been released highlighting a cautious yet steady increase in business confidence among UK SMEs. Despite ongoing economic challenges, SMEs are displaying remarkable resilience and optimism for the future. Key Findings: Business Confidence on the Rise : The Institute of Directors (IoD) Confidence Index improved to -10 in April […]
Boostworks, a leading provider of employee reward and recognition, benefits delivery and wellbeing solutions’, has launched the findings of its latest research-based whitepaper: The Heart of Workplace Engagement. Importantly, the paper revealed that 70% of employees highlight the importance of recognition, but less than half (42%) report receiving regular recognition from their CEOs. Flagging the […]
The restructuring firm’s revenue surged by 12% to £136.7 million for the year ending April Begbies Traynor forecasts ongoing “elevated” insolvency levels as rising interest rates and funding demands strain company finances. The Aim-listed restructuring specialist anticipates persistent corporate distress into next year following a 12% increase in insolvencies, reaching 25,391 by April 30. Revenue […]
Americans residing and working in the UK might face increased tax rates due to outcomes from the UK general election and the US presidential election this November. Alex Straight, a Partner at Blick Rothenberg, a British audit, tax, and business advisory firm, and spokesperson for the firm’s international group, highlighted, “For Americans, this is the […]
A significant 52% of CEOs acknowledge that their organisations are falling short in terms of workforce diversity, with 37% of chief HR officers concurring, according to a recent study by The IN Group. To address these shortcomings, 76% of executives have confirmed the implementation of a diversity and inclusion strategy specifically aimed at hiring technology […]
The space industry is projected to be worth $1.8 trillion globally by 2035, up from $630 billion in 2023, according to McKinsey. In the UK, satellite navigation and communication underpin an estimated 17.7% of the nation’s GDP. While billion-dollar rocket companies like SpaceX and Blue Origin capture headlines, the UK’s space sector consists predominantly of […]
The abolition of VAT-free shopping for tourists is severely impacting British retail and hospitality, warns an influential trade body. Caroline Rush, Chief Executive of the British Fashion Council (BFC), asserts that the so-called tourist tax is not only harming luxury retail but also affecting the entire supply chain, including tourism and hospitality. Rush highlighted that […]
Britain’s leading asset manager, Schroders, has sounded an alarm over the disparity in executive pay between UK and US companies, cautioning that this gap may lead to a talent drain to America. Schroders, which manages about £760 billion in assets, including stakes in major London-listed companies, conducted an analysis of the compensation packages of 2,353 […]