Listed below are the biggest stories you may have missed this week.
Nearly half of the new jobs created in England over the last decade were in London and the south-east.
IPPR North, a think tank discovered that 47 per cent of new jobs created between 2009 and 2019 were in London or the south-east.
Rishi Sunak, Chancellor of the Exchequer has said that the first 12 months of the enforcement of IR35 will not be “heavy handed” which has received criticism from contractors as they believe the legislation should just be delayed.
With the ongoing spread of Coronavirus or COVID-19, remote working seems to be a strong way of curbing the spread of the disease, as companies in South Korea and China have already implemented this.
The disease has forced office workers in China to stay at home and work remotely. Daniel Zhang, chief executive of Alibaba, a Chinese multinational technology company explained how the Sars outbreak 17 years ago helped to boost E-commerce.
Lloyds banking group, Direct Line and Tesco’s have all announced they will be making staff cuts from May 2020 to 2022. Tesco has said over 1,800 of its bakers are at risk due to changes to its bakery taking place.
The Government has concluded its review of IR35 with numerous contracting groups criticising the review claiming it was just “lip service” as the legislation will still be enforced on the 06/04/20 and the ‘light touch’ approach enforcement in the first year will create more problems than it solves which Chancellor of the Exchequer Rishi Sunak suggested on the 25/02/20.
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