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 […]
With inflation having reached a 40-year high this year and the economy predicted to shrink in 2023 Paul Farrer, the CEO and founder of London-based recruitment giant Aspire calls on the new Prime Minister, Rishi Sunak, to bring “certainty, stability and confidence” to the UK jobs market by addressing a number of key concerns urgently. Firstly, he […]
There are serious questions over the future viability of Making Tax Digital (‘MTD’) following yesterday’s announcement that it is to be delayed by two years to April 2026. Nimesh Shah, CEO of tax and advisory firm Blick Rothenberg said:” It is over 10 years since the original digital transformation project was announced by George Osborne in 2015. There […]