New research suggests that the average income of UK households is decreasing. The research, by the Institute of Fiscal Studies, found a decrease of 3.1% in household incomes during 2010/2011. The research also suggests the decrease is because of the recession. It’s the first drop…
19 Jun In Employment News Stories
Camera manufacturer Olympus is set to cut 2,700 jobs during the next five years. The Japanese firm lost around £400m last year and is still recovering, despite predicting profits for this year. The new plans are in a bid to cut costs and reduce losses.
08 Jun In Employment News Stories
Diageo, makers of alcoholic beverages like Guinness and Bells Whisky, are set to create nearly 1,000 new jobs in the UK. The news comes after strong whisky sales have seen the company expand rapidly. The company is planning to invest £1bn in Scotch whisky to…
07 Jun In Employment News Stories
David Cameron has launched a new initiative – a start-up loan scheme to help young people in the UK set up a business. The £82m scheme will mean people aged between 18 – 24 years old can apply for a loan of around £2, 500….
06 Jun In Employment News Stories
Research in Motion (RIM), the company responsible for the Blackberry brand, has announced they have made financial losses which could lead to job cuts. Competition from other Smartphone brands like the Apple iPhone has led to the company struggling financially and their popularity is dwindling….
31 May In Employment News Stories
A recent report and research by the BBC indicates that there is still a growing demand for women in high profile jobs in the UK. Research carried out by the BBC news show found that – of the UK’s 100 largest listed companies – only…
29 May In Employment News Stories
Computer firm Hewlett-Packard are set to cut 27,000 jobs world wide in the next two years. The job cuts, set to be in force by 2014, are expected to save the company over £2bn. The developments are thought to be a reaction to competition from…
24 May In Employment News Stories
Some MPs have questioned the benefit of apprenticeships across the UK, a report on the BBC website reveals. According to the Committee of Public Accounts recent apprenticeships are of ‘no real benefit’. More than 450,000 apprenticeships were created in the UK last year however the…
21 May In Employment News Stories
160,000 Vauxhall Astra cars are expected to be built during the next few years which will add thousands of jobs to the UK economy. Vauxhall’s Ellesmere Port Plan will see jobs added to the supply chain sector and a further 700 jobs created. The plant…
17 May In Employment News Stories
It was reported last week that card retailer Clinton Cards is going into administration. It has now been reported that the chain will start to make store closures – with 350 stores set to be axed. Administrators Zolfo Cooper confirmed the planned store closures, which…
17 May In Employment News Stories