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…
21 Mar In Employment News Stories
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…
19 Mar In Employment News Stories
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…
15 Mar In Employment News Stories
The number of women on the board of some of the UK’s largest companies has recently risen significantly. The number of women on the board of the 100 largest-listed-companies in the UK has risen this year to 15.6%. The Cranfield School of Management found the…
13 Mar In Employment News Stories
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…
07 Mar In Employment News Stories
The government has announced plans to award companies a fee – every time they employ an ex-prisoner. If a company employs an ex-prisoner and keeps them on for more than two years they will be awarded £5,600. The plans are thought to be in a…
06 Mar In Employment News Stories
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…
05 Mar In Employment News Stories
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…
01 Mar In Employment News Stories
The Office for National Statistics has found that only 48% of employees were in a company pension scheme during 2011. The drastic figures show the lowest amount of employees in a pension scheme since the ONS started producing the regular reports almost ten years ago….
28 Feb In Employment News Stories
Childcare costs continue to rise in the UK and some fear this could lead to further unemployment, as some parents may be forced to leave work. The Daycare Trust Charity’s recent survey demonstrated an increase of 2% last year in childcare costs for children under…
27 Feb In Employment News Stories