Tesco, the UK’s largest retailer, has reported a notable increase in shopper confidence, reflected in “strong” sales growth over the past three months. The supermarket giant saw a near 5% rise in UK sales, with shoppers purchasing more items and switching to Tesco from competitors. The increase in sales was particularly evident in Tesco’s premium […]
The UK’s tax authority, HM Revenue and Customs (HMRC), has not fined a single “enabler” of offshore tax evasion in the past five years, despite possessing landmark powers to impose substantial fines. This revelation raises concerns about the efficacy of the measures introduced to tackle tax evasion. In 2017, new laws were introduced allowing HMRC […]
Radical changes to the UK welfare system implemented by the Conservatives over the past decade have disproportionately benefited pensioners and individuals on disability benefits, while working-age families face significant financial losses, according to a recent report by the Resolution Foundation. The report highlights that the Conservative Party’s 14-year overhaul of social security has redirected spending […]
Recent findings reveal that 2.4 million UK business leaders could fall behind in the AI revolution, posing a substantial economic risk to the country. Data published by Be the Business, the UK’s small business productivity experts, indicates that over half of SMEs are not utilising AI in their operations. Nearly half of these businesses have […]
The Institute of Directors (IoD) has launched a new code of conduct aimed at promoting ethical behaviour among business leaders, in an effort to restore public trust following several high-profile corporate scandals. Referred to as the “bosses’ union,” the IoD has created this guidance to help rebuild the reputation of business and instil ethical practices […]
Aberdeen’s MRS Training & Rescue is enhancing its commitment to worker safety by significantly increasing its training resources at the Bridge of Don facility. With more than 120 years of experience in health and safety training, MRS Training & Rescue has boosted its staffing levels by 30% at its state-of-the-art Aberdeen centre. Andy Watson, Operations […]
After many months of speculation, we now know the general election date: 4 July 2024. The political parties’ manifestos have yet to be published. However, we do know the Labour Party’s proposals regarding employment law because these were set out in Labour’s Plan to Make Work Pay: Delivering A New Deal for Working People, published […]
Ticketmaster’s parent company, Live Nation, has confirmed “unauthorised activity” on its database following claims by the hacking group ShinyHunters that they have stolen the personal details of 560 million customers. The compromised data reportedly includes names, addresses, phone numbers, and partial credit card details of Ticketmaster users worldwide. ShinyHunters, the group behind the breach, is […]
Homeownership among millennials has climbed to its highest level in over a decade, driven by a significant rise in earnings among young people, according to recent research from the Institute for Fiscal Studies (IFS). The IFS’s findings reveal a notable rebound in property ownership among 25 to 34-year-olds, which had been at a low point […]
The Evening Standard has announced plans to cease its daily print edition, transitioning to a weekly format as it grapples with the impact of remote work and improved wifi on the London Underground. The London-based freesheet informed staff on Wednesday that it will halt daily publication, instead introducing a weekly edition. The fate of the […]