Oliver Dowden, the deputy prime minister, has highlighted the potential of AI to enhance productivity and streamline mundane tasks. However, he also warns of the risks associated with AI, including the potential for hackers to exploit sensitive government information. We explore the far-reaching implications of AI and how it could shape various aspects of society. […]
Wilko, the well-known High Street homeware retailer, has recently collapsed into administration, unable to secure a rescue deal. With 400 shops and 12,500 workers at stake, the future of the company hangs in the balance, I look at the reasons behind its downfall, and the potential implications for its employees and the retail industry as […]
The World Wide Fund for Nature estimates there has been a 69% average loss in the abundance of mammal, bird, reptile, fish and amphibian species since 1970, and more than a quarter of all species are under current threat of extinction. While most business leaders recognise this issue of biodiversity loss and the need to […]
Ethical investing has gained significant traction in recent years as investors increasingly seek to align their financial goals with their personal values. However, a recent snapshot of fund-buying behavior reveals a concerning trend – British investors are pulling money from funds badged as sustainable or ethical at an unprecedented rate as ESG (Environmental, Social, and […]
By now, you’ve likely heard of ‘quiet quitting’, when employees commit to doing the bare minimum that their job description demands. The term gained traction in March 2022 after an employment influencer, Brian Creely, used it on social media to describe ‘coasting’ at work – and the phenomenon has only grown in strength thanks to […]
A great customer experience can make the difference between a business flourishing and failing. When customers have a positive interaction with a company, almost all (94%) say it increases the chances of them purchasing again. In other words, great experiences lead to increased revenue. And while there are a few ingredients to delivering a standout […]
After the Flexible Working Bill passed through the final stages of the House of Lords, an employee engagement expert has called on employers to embrace better flexible working practices. Ifty Nasir, founder and CEO of equity management platform Vestd, explained that the new law would provide huge benefits for both employees and employers. He said: […]
IR35 is ‘Frankenstein’s monster’ and ‘must be slayed’, writes senior Tory MP in latest attack on off-payroll rules A senior MP is the latest Conservative politician to call for widescale changes to the IR35 legislation, which was described as a ‘Frankenstein’s monster’, impacting dynamism, entrepreneurship, jobs and growth. In an article headlined ‘IR35 hits Conservative […]
New figures from the Office for National Statistics (ONS) show UK household domestic spending spiralled £171.51bn in 2022, compared to 2021. Domestic spending rose from around £1.31 trillion in 2021 to approximately £1.49 trillion. Inflation was, of course, responsible for a sizable part of this increase, due to spiralling energy bills and a barmy Budget. […]
A recent study has indicated that the behaviours, attitudes, and shopping preferences between Gen Z and Millennials are not as different as what is often portrayed in the media. In fact, both groups display very similar consumption patterns and preferences. Both generations showed a marked preference for short, easily digestible video content such as Instagram […]