Business

Small business owners admit they are still 'clueless' about GDPR - leaving the personal data of millions of employees and customers at risk. Researchers who polled 1,000 owners of small businesses found half are confused by the do’s and don’ts when it comes to data protection and privacy regulations. As a result, owners and employees alike have made mistakes or have procedures in place which could have resulted in a multi-million pound fine for the business. More than a quarter...

Sterling fell to a new 20-month low against the Dollar on Tuesday and it looks like the on-going turmoil is not going to steady the currency for the foreseeable future. Compared to the Euro it was at a three and a half month low. Now with the PM facing a vote of no confidence, the stormy financial weather looks set to continue. Commenting on Sterling’s performance in the wake of the no-confidence announcement, Andy Scott, Associate Director at JCRA, the...

Half of employers say Brexit will harm young people’s economic prospects in the short-term – twice the number that think it will be helpful, according to a YouGov survey for the charity Young Women’s Trust.  Many employers also expressed concern about the longer-term financial impact on young people of the UK leaving the EU. 50 per cent of those with responsibility for hiring staff say that the economic implications of Brexit will negatively affect 18 to 30 year-olds in the long-term. This compares to 33 per cent who think it will have a positive effect. One in four (27...

The warning came after four gangsters were jailed for 15 years after tricking Chinese students into giving them access to their bank accounts.

Workers who are offered the option of flexible working are benefitting UK business, taking less leave and working at increased levels of productivity, according to research. A study compared the productivity of 1,500 workers who set their own hours or working location against 500 who are not doing so. Flexible workers said they felt they worked effectively for more of a typical working day than those working a traditional ‘nine-to-five’. However, three-quarters of flexi workers say they’d be reluctant to...

It is that time of year again, how much are rail passengers going to be ripped off next year. Well it is going to be a hike of 3.1 per cent in the New Year. After another year of chaos on the railways (and the weather hasn't even gone bad yet) this will anger, well pretty much everyone, apart from shareholders in these rail companies. The rise, is lower than the 3.4% average rise for fares in 2018 (not really...

Nearly nine in 10 Brits aren't working in their 'dream job'. A study of 2,000 employees found 85 per cent are working in a position which isn't ideal for them. And nearly two-thirds don’t think they will ever land their 'dream job'. Millennials are the most optimistic generation, as 64 per cent of 18-35s think they will be in the perfect role in an average of six years from now. Despite four in five saying they enjoy their current role,...

Three quarters of UK automotive businesses fear a ‘no-deal’ Brexit will threaten their future viability, according to a new member survey announced by the Society of Motor Manufacturers and Traders (SMMT) at its 102nd annual dinner in London this evening. The results highlight the critical need for a Brexit withdrawal deal and transition to prevent the industry falling off the cliff-edge on March 29 when the UK leaves its largest and closest trading partner, the EU. 74.1% of companies with UK...

Minister for Small Business, Consumers and Corporate Responsibility Kelly Tolhurst MP contacted Sweet Pea & Olive owner Linda Driver to offer her help and support at her high street shop on Small Business Saturday this weekend.