Current Affairs

Businesses still struggling with late payment culture

Companies struggling with the effects of late payment are failing to take advantage formal procedures and are putting their business at risk, a new business report has warned.

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Government publishes potential business contracts worth £70 billion

£70 billion worth of potential future government contracts have been published by cabinet office minister Francis Maude and business secretary Vince Cable, in a bid to boost UK economic growth.

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Landmark Supreme Court ruling on forced retirement

The UK Supreme Court has dismissed an appeal from an older worker who was forced to retire, in a landmark ruling that may establish new ground rules for employer powers regarding the treatment of older employees.

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Four out of five companies offer flexi-working

Over 80 per cent of UK firms now offer employees flexible working options, a new study has found; although nearly 38 per cent of businesses only extend the privilege to senior members of staff.

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Preliminary figures show UK in double-dip recession

UK economic growth decreased by 0.2 per cent in the first quarter of 2012, according to preliminary figures from the Office for National Statistics (ONS), pushing Britain back into a technical recession.

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Over 50s may have to work an extra 11 years to afford retirement

Millions of older workers may have to work well into their late 70s in order to live comfortably in retirement, new research from the Pension Policy Institute (PPI) has found.

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SMEs not celebrating lost Jubilee trade

Three quarters of small businesses admit they are unhappy about the number of additional bank holidays to celebrate national events such as this summer's Jubilee and last year's Royal Wedding, because they are concerned about lost trade, a business support group survey has found.

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Will writing and estate administration should be regulated, says advisory group

Providers of Will-writing and estate administration services should be regulated, the Legal Services Board (LSB) has said, after research found an inadequate standard of Will administration and safekeeping of consumer's money.

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Scottish SMEs cautious about zero waste plan

Small and medium sized enterprises (SMEs) in Scotland have welcomed the Scottish Government's zero waste strategy but remain concerned about potential compliance costs, according to a survey conducted by the Forum of Private Business (FPB).

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Unemployment down 35,000 on the quarter

Unemployment in the UK has fallen for the first time since last year, according to the latest figures from the Office for National Statistics (ONS).

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