45 years to stamp out zero hour contract “epidemic”

New analysis published today has revealed it will take 45 years to stamp out the epidemic of zero hours contracts if the current trend continues. The latest ONS figures, released this week, show a drop in the number of workers on zero hours contracts of 20,000 compared to last year – from 903,000 workers to 883,000. At that rate of change, the number of people on zero hours wouldn't disappear until 2061. Ireland looks to be the next country call...

Women and young people most likely to be on zero hours contracts

The Office for National Statistics today released new zero hours contracts data. The data shows that women and young people are most affected by the contracts that do not guarantee any hours in a given week Women make up 58 per cent of those on zero hours contracts and 34 per cent of workers with no guaranteed hours are aged 16 to 24 – the largest age group However, the number of people on zero-hours contracts in the UK has fallen...

Tips for new project managers

Project managers are critical for the success of any project and being a great project manager can ensure that your endeavour garners the best results possible. As you embark on your first project as a team leader, it is important that you have in your mind the ways which you will lead your team effectively and successfully. As project manager, you will be the difference between a job well done and a complete failure. And many agencies rely on them...

What Are the Risks of Currency Fluctuation to Businesses?

Currency is known to be one of the most volatile assets in the world, and many businesses must deal with the fluctuations of various exchange rates on a daily basis. These fluctuations can be significant, making it very difficult to predict how any given currency pairing will behave on any given day. Whilst those trading forex seek to take advantage of these fluctuations, they can present a variety of risks/challenges to businesses of all types, especially those which have dealings...

Why You Should Take An Anti Money Laundering Training Course

Staying up to date on the latest anti money laundering laws and processes is extremely important for any Finance or Banking professional. Anti Money Laundering Training can provide a cost effective and informative way of becoming an expert in these laws. Avoiding being involved in money laundering can save a business time, money, as well as any legal action. Learn From Industry Experts While the information for anti money laundering techniques does exist online, it can be very technical and...

Union calls on Theresa May to stand up to U.S threats & safeguard Bombardier

Threat to good manufacturing jobs in Belfast risks ‘domino effect’ with thousands of jobs at stake, union warns GMB, the union for aerospace workers, has called for the Government to intervene to protect Bombardier jobs in Northern Ireland. The union's call comes on the day Theresa May is expected the discuss the Bombadier trade dispute with Canadian leader Justin Trudeau. Bombadier, a Canadian company and Northern Ireland's biggest manufacturing employer, announced another 95 redundancies at its Northern Ireland operations on...

How to plan for your first trade show

For many small businesses across the world, taking part in a trade show is one of the best ways to find new customers, establish brand recognition, and simply get people excited about what you’re selling. As we’ve seen with E3 – the biggest video game expo in the world – people love attending exhibitions to get hands-on with new products they’ve never seen before. There are dozens of fantastic trade shows around London every year, but this advice really extends...

Here we go again! UK banking industry “accident waiting to happen”

You would think the banking industry would learn but sadly it appears not, according to a new report. The Adam Smith Institute, a leading think-tank, have said that the banking sector is an “accident waiting to happen.” The report has been published to coincide with the 10th anniversary of the Northern Rock crisis, that led to a run on the bank. This new report, which was authored by Kevin Dowd, Finance and Economics Professor at Durham University, was scathing on...

The Differences between trade reporting & transaction reporting under MiFID

With MiFID II soon to be put into practice, it’s more important than ever for Financial Institutions to understand what the MiFID is, and what is required of them to follow their regulations. One of the biggest areas for confusion is trade and transaction reporting. Both fairly similar, the confusion is understandable but it is simply to understand the difference. Making a FinTech investment can aid you in gaining the correct technology to make this easier, but we’ve looked deeper...

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