Deficits of UK pension schemes have fallen by around £72bn over the month to 31 December 2021 against long-term funding targets, an analysis from XPS’s DB:UK funding tracker has revealed.… The post Bank of England interest rate rise drives UK pension scheme deficits down by £72bn appeared first on London Business News | Londonlovesbusiness.com.
Wilko has announced they are planning 15 store closures this year and 300 jobs could be affected which will be “devastating” for the workers. Roger Jenkins, GMB national officer, said… The post ‘Another nail in the high street’s coffin’ as Wilko announces store closures affecting hundreds of jobs appeared first on London Business News |…
Research published today has revealed significant demand for a four-day work week in the UK. The survey by Censuswide on behalf of ClickUp, found that nearly a third (31.2%) of Brits… The post Almost a third of Brits will quit their jobs if they are not offered a four-day week appeared first on London Business News…
Finance leaders are focused on growth, with a record 37% rating an increase in capital investment as a strong priority for their business in the next 12 months, according to… The post Record number of CFOs say increasing capital investment is a strong priority for their business in the year ahead appeared first on London…
Sainsbury’s and Argos workers are set to receive a pay rise from 6 March as the company is to make a £100m investment into their staff. In recognition of the… The post Sainsbury’s and Argos workers set to receive a £100m investment in a pay rise for ‘the brilliant job they do every day’ appeared…
Professor Sir David Spiegelhalte, chairman of the Winton Centre for Risk and Evidence Communication, University of Cambridge has said on Friday that a surge in Omicron cases and deaths will… The post ‘We’re not going to see a big surge’ with ‘very severe outcomes’ of deaths and cases with Omicron Sage scientist says appeared first…
Companies need to offer staff improved sick pay on a temporary basis to ensure that illness does not spread to staff and force business closures, say leading tax and advisory… The post Companies need to step up to the plate and pay full sick pay appeared first on London Business News | Londonlovesbusiness.com.
Calls by Tory backbenchers to scrap the planned £12 billion National Insurance (NI) tax rise (The Health and Social Care Levy) along with VAT and ‘green levies’ from household bills… The post National Insurance rise revolt shows UK’s tax struggles appeared first on London Business News | Londonlovesbusiness.com.
Following Wednesday’s (5 January) decision by the First-tier Tax Tribunal in favour of Errol Willy Salons Ltd (a hair salon in Cardiff), businesses renting out a spare room can breathe a sigh of relief as HMRC’s attempt to circumvent the VAT exempt status of rent charges… The post No additional VAT charge for spare room rentals as court thwarts HMRC’s spare room tax grab appeared first on London Business News |…
The Prime Minister has been told by the Royal College of Nursing (RCN) that the deployment of the armed forces to hospitals means he can no longer say there is… The post Boris warned he ‘can no longer be dismissive’ over NHS staffing levels as troops deployed to London hospitals appeared first on London Business…
