The finalists of the 2024 Black British Business Awards have been announced ahead of the gala in October. Returning for the eleventh year, the BBBAwards celebrate the outstanding achievements of Black professionals and entrepreneurs in the UK. Winners from six industry categories will be revealed at the ceremony which will take place on Friday, 11 […]
Hundreds of British workers will soon have greater flexibility over their working hours as part of a new pilot by the official four-day week campaign. This six-month project, building on the initial 2022 trial, will explore various flexible working models, including flexible start and finish times, a nine-day fortnight, and compressed hours. Six businesses have […]
The new Labour government is taking a firm stance against increasing worklessness in the UK. Liz Kendall, Secretary of State for Work and Pensions, has called the current levels of unemployment “unacceptable” and proposed several measures to address the issue. Among these measures is the introduction of a national jobs and careers service aimed at […]
Microsoft and Apple have withdrawn from their board observer seats at OpenAI in response to global regulatory concerns about the relationships between big tech firms and influential AI start-ups. Microsoft, which has invested $13 billion in OpenAI, informed the ChatGPT maker that its resignation was “effective immediately” less than nine months after assuming the role. […]
A recent study by A.I. productivity platform Plus Docs, analysing the latest data from the Bureau of Labor Statistics (BLS), has found a 2.4% increase in working hours in New York for the period of 2022-2023, accompanied by a 1.8% decline in labor productivity. Nationally, the average hours worked increased by 1.7%, and labor productivity […]
Radio 2 presenter Jeremy Vine is the latest celebrity facing scrutiny from HMRC under the IR35 rules, with the tax authority pursuing him for alleged unpaid taxes incurred while working for the BBC. Court documents reveal that Vine has been in a dispute with HMRC since 2018 over whether he should have been classified as […]
Sir Keir Starmer is set to present Labour’s investment agenda to global financial leaders at a conference in early October, aiming to attract tens of billions in foreign capital. The summit, scheduled for around 8 October, aligns with Labour’s pledge to host the event within 100 days of taking office. The date is expected to […]
The Irish government has announced a nearly 7% increase in public spending as part of its pre-election budget. This move comes despite a previously set rule in 2021, which capped public spending growth at 5% annually. The government cites a faster-than-expected population increase as the primary reason for this deviation. Finance Minister Jack Chambers stated, […]
Sir Alan Bates, founder of the Justice for Subpostmasters Alliance, is set to receive an honorary doctorate from Coventry University in recognition of his relentless efforts to clear the names of wrongfully convicted postmasters. Sir Alan, who recently received a knighthood, will be awarded the Honorary Degree of Doctor of Laws at a ceremony at […]
The appointment of Lord Hendy as the new rail minister by Sir Keir Starmer has sparked optimism within the industry that previously scrapped sections of the HS2 project may be resurrected. Lord Hendy, a prominent supporter of HS2, is expected to champion the expansion of the high-speed rail network. His primary role will be to […]