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Employment News Stories

All the latest news from the world of employment.

Budget 2012

Chancellor George Osbourne gave the 2012 budget speech today and announced some changes to tax rates. He announced that there would be a 50p cut to the top level of income tax. Plans were also announced to raise the personal tax allowance – workers can…

Royal Mail Pension Transfer

A recent report on the BBC website has stated that Royal Mail pension fund assets will be moved to the government shortly. Subject to EU approval they will be transferred next month, which will see a state guarantee of retirement benefits for all Royal Mail…

Pension Changes at Tesco

Supermarket giant Tesco has announced changes to its pension scheme which will affect over 170,000 staff members. The changes state that from 1 June full pension benefits won’t reach employees until two years later than it currently does – so it won’t be received until…

Staff Bonuses Cut at John Lewis

According to a report on the BBC website, department store chain John Lewis has cut staff bonuses for the first time in three years. The cuts are apparently due to a fall in profits. Profits for the group, that also owns Waitrose, were down by 3.8% compared…

Tesco to Offer 20,000 New Jobs

Supermarket chain Tesco has announced plans to create and offer 20,000 new jobs to the public during the next two years. The jobs will be created via the expansion of existing stores and by opening new ones throughout the UK. The company already employs almost…

Boots Out of Scheme

High street store Boots is leaving the government’s scheme that is aimed at helping the long term unemployed. Boots were going to be offering placements on the new scheme but have since revealed they are cancelling these plans. The change in plans is thought to…