Business
“Dramatic rise” in low paid men working part time
New figures have revealed a dramatic rise in low paid men working part time. The Institute of Fiscal Studies report found one in five men aged 25 to 55 worked part-time with low hourly wages today, compared to just one in 20 of this group 20 years ago. CV-Library figures revealed similarly unsettling data. It found that the amount of men looking for part-time work which pays up to £25,000 a year increased by 294.6 per cent between 2010 to 2016, and in...
Industry body recommends six hour working day to stave off slumps in productivity during winter
A leading industry body has recommended cutting the working day to six hours in the winter to stave off slumps in productivity. Researchers discovered that in order to feel 100 per cent productive during the winter months workers simply need to work six hours instead of eight, and have two breaks more than they would get during the summer months. Flexible working hours, the opportunity to get fresh air during the day and access to really healthy foods are also conducive...
Corbyn maximum salary cap plan to reduce UK inequality divides the nation
It didn’t feel great to read about “Fat Cat Wednesday” just as the January depression was about to kick in. To know that UK top bosses earned more in two and a half days than most will make in the whole of 2017, made me want to crawl back into bed, i doubt I was alone. There was a fairly strong public outcry at this shocking statistic, so riding on the back of that Jeremy Corbyn, today, announced he would...
London lawyers’ salaries highlight massive pay gaps in the UK
London might still be the best place in the UK to practice as a lawyer, with exceptionally high salaries and impressive annual pay rises that overshadow the rest of the country. BCL Legal Recruitment has recently released their internal data, which highlights the vast differences between London and other regions, as well as the salaries most lawyers can expect to earn during different stages of their career. The data shows that newly qualified commercial lawyers practising in London receive an...
Happy New Year! Pound slumps after May’s recent hard-Brexit comments
PM May’s first major interview of 2017 sent the pound into free fall after she made comments hinting at a “hard-Brexit.” She told Sky News that the UK will not try and keep “bits of EU membership.” During the interview she said: “Often people talk in terms as if somehow we are leaving the EU but we still want to kind of keep bits of membership of the EU. We are leaving. We are coming out. We are not going...
Devaluation of pound post-Brexit batters Next’s profits & prices could rise
The fashion retailer Next has announced some gloomy figures and has drastically cut its profit forecast. Following the devaluation of the pound, post-Brexit, Next also said it expects inflation to hit its customers, leading to price hikes to their goods. Shares tumbled over ten per cent as trading began, after it said that profits would be at the bottom end of predictions for 2017. Next’s financial performance is closely monitored by business analysts as for the last twenty years it...
Study reveals outrageous tasks bosses give their staff
What's the most outrageous thing your boss has ever asked you to do? Cleaning toilets, teaching English to foreign colleagues and wearing revealing or indecent clothes to model in are just some of the items featured on the top 50 list of unexpected tasks. Researchers found requests from the boss sometimes go from the sublime to the ridiculous – one unlucky respondent revealed they were asked to follow another member of staff who left work, as the boss suspected that...
Why The Potential Gold Slump Will Be Temporary, Hence Presenting a Buying Opportunity
The price of gold has been volatile in recent weeks mainly due to the upcoming US Federal Open Market Committee meeting, during which a decision on the US interest rate will be made. Gold started the second full week in December dipping to a nine-month low. And it’s likely that the yellow metal will remain volatile for some time, at least until investors figure the best path following the FOMC rate decision. Given a handful of positive data regarding the...
Forget Branson, Pukka’s Westwell and Pole is the next big business success story
Forget Richard Branson, the creators of Pukka herbal teas could have the next big business success story. More than one million cups of Pukka Herbs tea are drunk every day in 40 counties, helping the company to a £28million annual turnover. But it all started as a single classified advert in a local magazine. Boss Tim Westwell, 55, has revealed the incredible story of how he met co-founder Sebastian Pole and how he battled depression and chronic back pain to make...