Employment NEWS

Business leaders reject proposed executive pay reforms

Prime Minister Theresa May has been urged to rethink her approach to reform of corporate pay and governance in the UK, just days after backtracking on proposals for worker representation in the boardroom. … Continue reading “Business leaders reject proposed executive pay reforms”


UK unemployment rate hits 11-year low

Employment in the UK rose by 49,000 in the three months to September 2016 and unemployment fell by 37,000 to 1.6 million, according to the latest labour market statistics. The Office for National … Continue reading “UK unemployment rate hits 11-year low”


Businesses put off investment after Brexit vote

A new study suggests that one third of British businesses have scaled back their plans for investment since the UK’s referendum on European Union membership. Hitachi Capital and the Centre for Economic and … Continue reading “Businesses put off investment after Brexit vote”


Union welcomes Nissan commitment to Sunderland plant

Unite, Britain’s largest trade union, has welcomed Nissan’s decision to build two new cars at its Sunderland plant. The car maker announced on Thursday that it will produce the next Qashqai and will … Continue reading “Union welcomes Nissan commitment to Sunderland plant”


UK earnings figures show fastest rise for low-paid

Pay inequality in the UK narrowed between April 2015 and April 2016, according to figures released on Wednesday by the Office for National Statistics (ONS). Provisional data reveals that weekly earnings for full-time … Continue reading “UK earnings figures show fastest rise for low-paid”


Poorer households set to lose £100/year as UK inflation jumps to 1%

Rising prices for clothing, hotel stays and motor fuels contributed to an increase in the UK’s inflation rate last month, the Office for National Statistics (ONS) said on Tuesday. The Consumer Prices Index … Continue reading “Poorer households set to lose £100/year as UK inflation jumps to 1%”


Business leaders object to proposed crackdown on foreign workers

Business groups reacted angrily this week to reports of a crackdown on foreign workers in the UK. Home Secretary Amber Rudd told the Conservative Party conference that a tightening of immigration rules would … Continue reading “Business leaders object to proposed crackdown on foreign workers”


Co-op Group profit falls after investment, pay rises and price cuts

Profit has fallen at the Co-op Group as it continues to invest in a three-year turnaround of the business. The Co-op reported on Friday that its profit before tax for the first six … Continue reading “Co-op Group profit falls after investment, pay rises and price cuts”


Brexit vote has had ‘no major effect’ on UK economy

The UK’s vote to leave the European Union has had little impact on the country’s economy so far, according to a new assessment by the Office for National Statistics (ONS). Some surveys carried … Continue reading “Brexit vote has had ‘no major effect’ on UK economy”


Record bonuses paid to UK employees — but are they fair?

New figures show that UK firms paid a record £44.3bn in bonuses in the last financial year, an increase of 4.4% from the previous year. Bonus payouts have surpassed the previous record set … Continue reading “Record bonuses paid to UK employees — but are they fair?”


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