According to government statistics total UK apprenticeship participation is 740,000 for 2021/22, forming a sizeable chunk of the UK workforce. Despite making a significant contribution to the economy, apprenticeships have had a stigma attached to them for many years. Prevailing stereotypes still linger of the badly paid apprenticeship for the under-qualified and inferior to traditional degree-type […]
Starting and running a business takes hard work, motivation, and persistence. It’s an exciting venture, but one that comes with its fair share of obstacles and challenges. However, when you’re a mother, you may also face an additional struggle that can make it harder to continue – the overwhelming feelings of guilt that come with […]
At Business Matters we have spoken to a number of experts to gauge their opinions about Jeremy Hunt’s Spring Budget, and whilst the Chancellors announcements have gone down well, many sound notes of caution. Gerard Grech, CEO of Tech Nation, told us: Today’s budget is a positive indication of the UK Government’s commitment to becoming a […]
Businesses must improve workplace fluidity if they are to emotionally and financially support employees through rising childcare costs. Prime Minister Rishi Sunak has indefinitely shelved plans for an overhaul of the UK’s childcare system, initially proposed by his predecessor Liz Truss. The former Prime Minister’s bill involved scrapping mandatory staff-child ratios in an attempt to […]
Permanently freezing fuel duty at the Budget would mean a loss of £5.5 billion each year to the public finances and benefit the richest, a think-tank warns today. The Social Market Foundation said that a rumoured freeze in the rate of fuel duty would mean a loss of £27bn over five years to the Treasury, […]
The Green Finance Institute estimates that the UK is facing a finance gap of up to £97 billion to meet the UK’s nature-related targets by 2032. Without investment in climate mitigation, biodiversity restoration, flood prevention and other nature-related outcomes as outlined in public policy like the 25 Year Environment Plan, both our natural environment and […]
AI will be crucial for better understanding user intent, providing tailored content recommendations, and streamlining how firms manage information. Artificial Intelligence (AI) is set to play a central role in the future of financial services, and advisors are already recognising the potential this tech has to offer – a resounding 98% believe AI will impact the future […]
Have you ever wondered how long it would take a CEO to make the UK’s average yearly salary? High Pay Day marks the moment at the start of the year when median pay for a FTSE 100 CEO surpasses the median annual wage of a worker in the UK. This year it took just 30 […]
UK pension holders will increasingly be seeking to move retirement funds overseas as fears grow about the Budget in March, predicts the Investment Director of one of the world’s largest independent financial advisory, asset management and fintech organisations. The warning from James Green of deVere Group comes ahead of Chancellor Jeremy Hunt delivering the first […]
2023 is expected to be an exceptionally tough year for the UK economy. The country is almost certainly already in a year-long recession, one that will probably prove to be deeper than that experienced in the early 1990s. The squeeze on household real incomes will intensify as rising interest rates join soaring inflation. Admittedly, the […]