Posted By Helen Gould
According to new data from the Office for National Statistics (ONS), the number of workers in the UK who are on so called zero-hours contracts has gone up.
In the April to June period this year, 744,000 people were employed under the terms, which means that a 2.4% of the total number of people in work were affected. The number represents an increase of 0.4% on the same period from 2014.Read more >>
The Chartered Management Institute (CMI) has published research that reveals that female bosses in the UK work for almost two hours a day unpaid.
The findings come to light when salaries are compared to their male counterparts and adds up to 57 days every year.Read more >>
The recent American Accounting Association's annual meeting saw the presentation of a paper that outlined the reasons why the most successful corporate accountants are hired and promoted.
According to the association's new study, the key to having a successful corporate accounting career appears to revolve around a willingness to interpret earnings data.Read more >>
Head of the admissions service UCAS says that there is now a significant gender gap for admissions to leading universities in the UK.
UCAS chief executive, Mary Curnock Cook, has urged action to increase the number of boys applying to go to university.Read more >>
A new report has revealed that privately-educated graduates earn more than their state-educated peers do only six months after leaving university, and the gap continues to increase up to three-and-a-half years after leaving.
The research from the Sutton Trust and upReach found that fee-paying school students who achieved a degree soon took home almost £4,500 more than other graduates.Read more >>
New research from the TUC reveals that the number of people working night shifts in the UK is rising.
The new report comes as London Underground workers are set to take strike action over proposals to introduce all-night servicesRead more >>
UK Trade and Investment is running nine events around the country aimed at helping businesses break into overseas markets.
UK businesses operating in international markets will have the opportunity to share their ideas on exporting at a series of new events organised by UK Trade and Investment (UKTI).
The body will be running nine ExportJam workshops across the country later this month, with the aim of looking at how the government gives support to companies that sell goods and services around the world.Read more >>
There are many ways businesses can boost employees' productivity for little to no financial outlay, new research shows.
Financial rewards remain the best way of boosting productivity among employers, but there are a number of other measures small businesses can use to make staff work harder.
This is according to new research from Office Genie, which identified a good night's sleep, positive feedback from managers and flexible working hours as three factors that raise productivity among a workforce.Read more >>
There are a lot of misconceptions about working in accountancy - for example, many assume that finance is a boring subject. As we have written before, this is not necessarily the case.
In addition to having a good head for numbers, accountants also need a sharp sense of professional ethics, an eye for detail, and the ability to make informed judgements about financial decisions – there’s a lot more to it than the public perceptions.Read more >>
Governments should ramp up investment in research to power innovation in renewable energy, says Bill Gates.
Philanthropist Bill Gates has called on governments to shift to funding research into renewable energies, instead of merely subsidising it.Read more >>
Many claim new technological advances pose a threat to employment as real people are replaced by software - but is this really the case?
Those who believe that technology is having a detrimental effect on jobs often point to industries like manufacturing, where machines are now carrying out the work that people used to do. A more recent example is the services industry, with the introduction of self-checkouts.Read more >>
UK Chancellor George Osborne announces plans to sell off government's remaining 30 per cent stake in Royal Mail.
In a bid to further reduce the budget deficit, UK chancellor George Osborne revealed plans to sell the remaining 30 per cent stake in Royal Mail. The shares are currently worth £1.5 billion and the sale will begin later this year, Mr Osborne announced on Thursday.
The plans were detailed alongside £3 billion worth of debt-reduction measures, which highlight the Conservatives' pledge to wipe out national debt.Read more >>
Leading employers rate work experience as the most valuable asset in graduates, says Universum study.
Work experience is “the most popular qualification among those presented” and is valued more highly than grades achieved or the university attended by graduates. In fact, 58% of employers said work experience and sport impressed them the most, according to new research.
The survey of employers, conducted by Universum - a specialist in employer branding analytics - found that the second-most important aspect was a student’s personality (48% picked this) and only 16% looked for grades from a prestigious university. Merely 15% of respondents favoured a degree from a specific university over anything else.Read more >>
Whitbread, owners of Costa Coffee and Premier Inn, appoint Alison Brittain as CEO.
Hospitality group Whitbread has announced plans to appoint Alison Brittain as chief executive officer (CEO) in a move that will make it the sixth FTSE-100 company to have a female at the helm.
Ms Brittain is the current boss of the retail side of Lloyds Banking Group, making her one of the most powerful women in the city. But despite having no previous hospitality experience, she was quoted to be the “perfect fit” for Whitbread’s culture and values by chairman Richard Baker.Read more >>
Nine out of ten SME directors would support the creation of an SME hub outside of London.
The creation of a small and medium enterprise (SME) hub would be “beneficial to the UK economy”, according to a new AXA report, and nine out of ten (89 per cent) SME directors would support it. Furthermore, 93 per cent see a demand for a non-London-based hub to “create an environment for growth for small businesses”.Read more >>
Economic growth in France surged past expectations to its highest rate in two years.
Figures on Wednesday showed economic growth in France accelerated in the first three months of this year. In fact, it hit France’s joint-highest figure since 2011.
The French INSEE statistical office reported that the nation’s economy grew by 0.6 per cent in the first quarter of 2015, surpassing expectations for growth of 0.4 per cent.Read more >>
On 21 April, Google implemented a major overhaul of its search algorithm, making it more compatible with mobile platforms in a move that online marketers and developers have called “mobilegeddon”.
The reasoning behind Google’s move is clear, as more and more customers use their mobile devices to browse the internet.Read more >>
Could energy efficiency help businesses? We look into the impact sustainable design and green buildings could have on the UK economy.
Construction firm Balfour Beatty recently created the UK’s most environmentally friendly building for Girton College at the University of Cambridge. The new student halls receive half of their energy from renewable sources with a design that surpasses efficiency guidelines by 40%.Read more >>
With Google hiring former Wall Street executive Ruth Porat as its new CFO, the issue of gender equality in tech has come to the fore again.
Ms Porat will be the highest ranking woman at Google, helping to solve the issue of a male-dominated workforce.Read more >>
On Monday 6 April, new rules will come into place that will allow pensioners full access to their retirement funds. But what could this mean in practice?
From the beginning of next week, people drawing a pension will not have to take an annuity, but instead can decide how much they want to take out of their pension and when.Read more >>
Channel 4 show ‘How to be a Young Billionaire’ will follow three young entrepreneurs attempting to make their multi-billion pound start-up dreams come true in Silicon Valley.
The three entrepreneurs on How to be a Young Billionaire - Josh, Julia, and Robyn - are all in their twenties, with big ambitions. Josh is working on a game, but needs an investment of $5m to complete it; Julia has created an app for teenagers to share secrets and wants to grow her user base; and Robyn is attempting to move her lesbian dating venture to the USA.Read more >>
UK chancellor George Osborne’s £11 million budget pledge will support new technology companies in the north of England.
The budget investment pledge for incubators is a welcome investment for startups in places like Manchester, Leeds, and Sheffield, which have seen huge rates of growth in the technology sector.Read more >>
Investment in financial technology companies has trebled last year.
The digital revolution in financial services is picking up steam, according to a report from Accenture. Global investment in financial technology businesses tripled to more than $12.2 billion in 2014, up from a little over $4 billion in 2013.Read more >>
Smaller fintech startups are continuing to compete with the individual services of bigger banks.
The banking industry is under attack from a swarm of smaller fintech firms who are not looking to usurp their places in the banking industry, but are challenging one of the many services that big banks provide.Read more >>
Women make up less than a quarter of FTSE 100 directors. While the representation of women in the boardroom has increased slowly, how can more women be encouraged to reach for the top?
The Women and Work Commission recently found that if all women were able to perform to their full potential, they could contribute approximately £23 billion to the economy. Additionally, research conducted by McKinsey & Company found that companies with more women on their boards significantly outperform companies with no female representation.Read more >>