Chancellor Philip Hammond has announced his Autumn budget, which reveals what the current government has in store for the UK.
The government is to lift the long-standing one per cent annual cap on public sector pay from 2018, with police and prison officers set to be the first beneficiaries of the Government’s decision.
The Chancellor’s Budget yesterday managed to steer clear of any drama that may imperil the Prime Minister or the upcoming EU referendum. However, there were some morsels in the Chancellor’s speech that were of interest to HR departments. From changes to national insurance contributions to encouraging ‘younger savers’ and rate relief for UK PLCs, there were…
The Chancellor, George Osborne, has announced a new state-backed savings scheme for low-paid workers worth up to £1,200 over four years.
George Osborne will unveil his eighth budget today, nearly one year into the first fully Conservative administration since 1997.
One in four employees in the UK suffers from workplace stress. That is an alarming statistic, given that 75 percent of UK employers believe that they have a role to play in employee wellbeing.
With the introduction of the National Living Wage less than three months away, a survey by Jelf Employee Benefits highlights that many employers need to take urgent action to ensure full compliance with this new law.
With Christmas creeping up on us once again, thoughts are turning to holidays and, of course, the office Christmas party. However, a new survey by the Society for Human Resource Management has found that fewer companies will be throwing office Christmas parties this year.
Employers are concerned that the quality of vocational training will be diminished by the government’s plans to fund apprenticeships through a levy on large employers.
A compulsory living wage of £7.20 an hour will be introduced in April 2016 for workers over the age of 25, the government announced this week.
Chancellor George Osborne has today presented the Summer Budget, announcing the replacement of the National Minimum Wage with a compulsory National Living Wage and the introduction of three million new apprenticeships by 2020.
The NIESR have predicted that unemployment will stabilise at about 5¼ percent and said that the CPI inflation rate remains close to zero for most of the year. Future productivity growth remains the largest single uncertainty facing the UK economy.
Employment law firm ELAS has calculated the effects that changes to the National Minimum Wage will have on UK businesses.
Tesco reveals that it may close its defined benefit (DB) pension scheme and replace it with a cheaper alternative as it reports a pre-statutory tax loss of £6.4bn for 2014/15.
As an associate professor of economics and international affairs at George Washington University, Tara Sinclair’s expertise is in modelling, explaining and forecasting macroeconomic and labour market fluctuations and trends for different countries. As chief economist for Indeed, the global jobs search engine, she is able to develop original research using Indeed data on jobs and…