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Swiss bank accounts to be targeted by HMRC

Equitable Life Payments Scheme continues to make recompense to eligible policyholders

The Equitable Life Payment Scheme set up by HM Government has now paid over GBP970m to eligible Equitable Life policyholders who suffered financial losses as a result of maladministration, the HM Treasury revealed on Monday. According to the UK government’s […]

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Employment

ONS Labour market report reveals steady increase in UK employment figures

The Office for National Statistics (ONS), the recognised national statistical institute for the UK, released its UK Labour Market, August 2014 report on Wednesday, which indicates that employment

Manufacturing in the UK

SMEs put growth at risk by not taking advantage of older workforce skills

Almost half of small medium-sized companies (SMEs) in the UK are not taking advantage of an increasingly age diverse workforce that can continue to offer skills, according to

Banks not helping small businesses

Barclays introduces new Community Banker role

British multinational banking and financial services company Barclays announced on Friday that it has launched a new customer service role at its branches, which will see

engineering apprenticeships

Tata Steel announces 400 redundancies in Port Talbot in restructuring proposal

Steel producer Tata Steel disclosed on Tuesday that it proposes to restructure its UK Strip Products business in South Wales in order to improve competitiveness by

Jobs

UK labour market improves with higher employment growth and lower unemployment rate

Independent research consultancy, the Centre for Economics and Business Research (Cebr), published it latest study on Wednesday, which reveals that the UK unemployment rate has fallen

Two Pound Coins

Survey emphasises gap between the UK minimum wage and higher cost of living

British mutual financial institution Nationwide Building Society revealed on Friday that it commissioned a poll, in partnership with Living Wage Foundation, which highlights the difference between

Jobs

Average UK weekly earnings edge above inflation as unemployment falls

The Office for National statistics (ONS) released its latest statistical bulletin for UK Labour Market Statistics on Wednesday, which confirmed that annual growth of 1.7% in

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Ernst & Young forecasts average UK earnings to increase faster than inflation rate

London based multinational professional services firm EY (Ernst & Young) released its EY ITEM Club Spring forecast 2014 on Monday, which predicts that UK earnings will

UK Manufacturing

EEF opens £2m Midlands training centrefor manufacturing and engineering apprentices

UK manufacturers' organisation EEF announced on Thursday that it has opened a GBP2m state-of-the-art training centre in the Midlands. EEF said the centre is expected significantly boost

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