Business and Economics

Company culture has seen a shift. Increasingly as millennials have taken to the workforce, more has become expected of employers concerning how they care for their staff (and rightly so). An internet-savvy work-force now regularly air their grievances about everything from employers to office spaces anonymously on websites such as Glassdoor. And as a ‘job-for-life’ becomes a thing of the past, there is mounting pressure to retain employees belonging to a generation less inclined to stay with one company for...

With the new General Data Protection Regulation (GDPR) coming into effect in May 2018, private information that isn’t destroyed correctly, or stored securely, could lead to UK businesses being fined a substantial £20million per breach. With such huge financial penalties in play, it is vital that sensitive information audits are conducted by businesses who handle personal data. A recent survey, conducted by office product specialist Fellowes, highlighted that employees are not taking data protection seriously despite the financial risks to...

Gig economy workers juggle as many as two or more jobs at the same time, according to new research. One in three hold at least two jobs, while one in 14 hold three or more. And one in ten undertake seasonal work or employment during the holidays. The research also revealed that more women have just one form of gig work than men (55 per cent vs 42 per cent), whereas more men hold three to five gig jobs than...

Does your company specialize in the selling of various products? Are you looking for a way to create a web presence for your business? If so, investing in an ecommerce website is a great option. However, making sure it is optimized for success should be one of your main concerns. One of the main things visitors to your website will notice is the images you have displayed. Failing to focus on the quality and relevance of your images can lead...

Amazon drivers are being forced to deliver up to 200 parcels a day and urinate in plastic bottles so as not to leave their vans, a shocking new investigation has revealed. With deliveries ramping up ahead of Christmas a saddening report finds many drivers routinely exceed the legal maximum shift of 11 hours and finish their days dead on their feet. They also have so little time for food or toilet stops they snatch hurried meals on the run and urinate into...

German pilots are set to stage the first major strike in the low-cost carrier's history. Union Vereinigung Cockpit (VC) made the call following similar threats from unions in Italy and Portugal who urged their members to walk out over pay and working conditions. The airline’s Dublin based pilots also threaten to take industrial action. The move comes after disruption in the summer caused by a shortage of pilots, many of whom had moved to rival firms. Europe’s largest short-haul airline now faces...

The Northern Powerhouse seems to have failed to close the gap between the wealth of the north and the south. George Osborne’s vision of revitalising the great northern cities appears to have been hot air. EY have indicated that the gap between the two areas will continue to grow until 2020 as the economy fails to rebalance. London and the south-east will bring in 2.2 per cent and 2 per cent growth respectively, while the rest of the UK will...

The rate of inflation rose to 3.1 per cent in November as the squeeze on households continues. With average weekly wages growing at just 2.2 per cent Brits are starting to feel the pinch in the run up to Christmas. Inflation rose at the highest rate in nearly six years last month, according to ONS figures, with airfares and computer games contributing to the increase. Mark Carney, the governor of the Bank of England, will now have to write a letter...

Capital and revenue are the lifeblood of any modern small business, to ensure day to day continuity and in supporting growth and expansion plans. It’s for this reason that financial statement audits are crucial. Operating a small business in London is a continually challenging task with great responsibility, so there is a pressing need for effective management of resources and oversight. Financial audits not only act as a vital asset for highlighting problems and evaluating performance, but also for ensuring...