UK businesses are cutting back on hiring plans amid a surge in labour costs and growing economic uncertainty, with employment confidence falling to its lowest level in over a decade outside of the pandemic, new research reveals. According to the Chartered Institute of Personnel and Development (CIPD), the net hiring outlook — the difference between employers expecting to increase staffing ...
A new wave of interest in “Dutch-style” pension schemes is sweeping through UK employers, with more than 200 companies expressing a desire to join a pioneering multi-employer collective defined contribution (CDC) scheme that could significantly boost workers’ retirement incomes. The pensions administrator TPT announced on May 8 that it is pressing ahead with launching the UK’s first multi-employer CDC scheme, ...
The United States and China have agreed a 90-day suspension of punitive trade tariffs, in a surprise move that could ease escalating tensions between the world’s two largest economies. Under the agreement, US import tariffs on Chinese goods will be reduced from a peak of 145 per cent to 30 per cent. In exchange, China will cut its retaliatory duties ...
Skims, the $4 billion shapewear and swimwear brand co-founded by Kim Kardashian, is set to open its first standalone UK store next summer on London’s Regent Street — one of the capital’s most prestigious shopping destinations. The Los Angeles-based label will take over 245–247 Regent Street, the former home of Ted Baker, which has stood empty since the fashion retailer’s ...
More British entrepreneurs are eyeing early exits from their businesses in response to tax policy shifts and economic uncertainty, according to new research commissioned by Brown Shipley, the UK wealth manager and subsidiary of Quintet Private Bank. The nationwide survey of 4,000 adults found that 38 per cent of UK entrepreneurs are planning to explore selling their business earlier than ...
Disabled entrepreneurs are being held back by widespread financial, operational, and accessibility barriers — at a staggering cost to the UK economy of up to £230 billion, according to the final report of the Lilac review, published on Monday. The government-backed, independent review highlights the systemic disadvantages faced by the estimated one in four UK business owners who have a ...
British energy software startup Zendo Energy has raised £1.75 million in pre-seed funding to accelerate development of its AI-powered platform designed to help data centres reduce energy costs and carbon emissions, as the sector grapples with soaring demand from artificial intelligence and cloud computing. The round was led by deep-tech VC firm Fly Ventures, early backers of UK autonomous vehicle ...
The Peter Jones Foundation has announced a new partnership with leading business advisory firm, FRP, to significantly expand its flagship National Entrepreneur of the Year competition. Now open to all young entrepreneurs aged 16 and 21, the competition will see FRP host regional finals across the UK – spotlighting the most promising young business founders from every corner of the ...
For authors navigating the complex world of self-publishing, choosing the right partner can feel overwhelming. With so many options available, it’s natural to wonder which companies deliver on their promises and which fall short. One name that frequently garners attention is MindStir Media. With over 15 years in the business, celebrity partnerships, and a slew of awards and accolades, this ...
University life has always come with financial pressure, but today’s students are navigating record-high living costs, rising tuition fees, and limited part-time job opportunities. As a result, many are seeking smarter, more flexible ways to earn money while continuing their studies. One growing solution is online tutoring, a digital side hustle that allows students to turn their academic strengths into ...