A new survey highlights the urgent need for businesses to prepare for the forthcoming Worker Protection Act 2023, with compliance becoming mandatory on 26th October.Only 5% of employers are ready for the new regulations, which require proactive steps against workplace sexual harassment.36% of businesses acknowledge the Act but are still in early preparation phases.Tribunals may increase compensation for non-compliance by up to 25%, stressing the importance of immediate action.The removal of third-party protection in the bill still leaves concerns regarding harassment by clients and suppliers.The forthcoming Worker Protection Act 2023 mandates that businesses take ‘reasonable steps’ to shield employees from…
Author: Dave Antrobus
TikTok Shop introduces its inaugural week-long sales event in the UK, offering exclusive discounts.The ‘For You Days’ event runs from 23rd to 30th September, coinciding with autumn sales.Popular brands like Sweaty Betty and L’Oreal Paris will participate, featuring trendy product discounts.Live shopping sessions offer interactive experiences, with potential savings of up to 50%.The event strategically precedes Amazon’s upcoming Prime Big Deal Days.TikTok Shop is launching an unprecedented week-long sales event in the United Kingdom, signalling its intent to compete directly with established online retail giants. Through this event, consumers will have access to exclusive discounts on a variety of trending…
Tesco has joined forces with Cancer Research to provide in-store information and support to shoppers with symptoms of cancer.This initiative empowers customers to consult with Tesco’s specially trained pharmacists.The effort aims to bridge the gap between the public and healthcare professionals.The campaign is set to enhance awareness about cancer symptoms and early diagnosis.Tesco and Cancer Research hope to expedite diagnosis and ultimately save lives.Tesco has announced a strategic partnership with Cancer Research to assist shoppers who may be experiencing symptoms of cancer. This collaboration involves offering expert advice and support within Tesco stores, specifically targeting those who might be hesitant…
UK firms are raising alarms over a new packaging tax expected to increase product costs.The extended producer responsibility (EPR) scheme will shift recycling costs to businesses.Items like soft drinks, beer, and kitchenware are anticipated to see price hikes.Defra provided initial estimates for fees, especially impacting glass production costs.Industry leaders express concern over financial burdens and potential profit losses.UK companies are voicing concerns regarding the forthcoming implementation of a packaging tax that may lead to higher costs for essential goods. The extended producer responsibility (EPR) scheme is set to reassign the expenses associated with recycling from local councils to the businesses…
Payhawk, a London-based fintech company, experienced substantial losses in 2023 despite revenue growth.The company’s losses amounted to €32m (£26.8m), marking an 80% increase from the previous year.Increased operating expenses, including a higher headcount and significant marketing investments, drove the losses.Despite this, the company’s revenue more than doubled to €12.6m in 2023 from €5.8m in 2022.The year was characterised by significant investment activities, including a $112m Series B funding round and its extension in early 2022.Payhawk, a fintech firm headquartered in London, faced a challenging financial year in 2023. The company reported a significant loss totalling €32m (£26.8m), representing an 80%…
BBC Panorama highlights discrepancies in Tesco’s Aldi price-matched products.Various Tesco items contain less of their main ingredients compared to Aldi equivalents.Key products, such as chicken nuggets and chicken kievs, show significant differences.Out of 122 items, 38 Tesco products had notably fewer main ingredients.Tesco defends its practices, stating ingredient quantity does not define quality.The recent analysis by BBC Panorama has brought to light notable discrepancies in Tesco’s claims regarding their price-matched products with Aldi. Upon inspection, it was found that several Tesco products contained significantly lower percentages of their main ingredients compared to those offered by Aldi. This revelation has sparked…
Holtec has chosen South Yorkshire for a £1.5 billion factory to build small modular reactors (SMRs).The decision follows a competitive selection process involving locations across the UK, including the West Midlands and Cumbria.The factory is expected to generate up to 3,000 new high-tech jobs in the region.South Yorkshire was selected due to its strategic location and skilled workforce.This development marks a significant step towards the UK’s nuclear energy revival.Holtec, a nuclear energy company based in Florida, has announced South Yorkshire as the preferred site for its new £1.5 billion facility to manufacture small modular reactors (SMRs). This decision comes after…
Holtec’s £1.5 billion nuclear reactor factory in South Yorkshire brings new opportunities.The facility will create up to 3,000 high-tech jobs in the region.SMRs, the focus of the factory, could revolutionise nuclear power production.Proximity to skilled workforce and Sheffield Forgemasters influenced the decision.Holtec was chosen from a competitive pool of companies vying for government support.Holtec, a US-based nuclear company, has selected South Yorkshire as the site for its £1.5 billion facility dedicated to Small Modular Reactor (SMR) production. This decision comes after a thorough consideration of locations throughout the UK, highlighting South Yorkshire’s advantageous positioning which includes access to a skilled…
A recent study has found significant price differences between convenience stores and larger supermarkets.The research revealed that Morrisons Daily stores charge up to 21% more than standard Morrisons outlets.Tesco Express prices were about 10% higher on average compared to full-sized stores.Sainsbury’s Local shops had a price difference of around 5% compared to larger Sainsbury’s.Loyalty scheme members could face even greater price disparities in convenience formats.A comprehensive study conducted by Which? has highlighted the stark contrast in pricing for grocery items between smaller convenience stores and their larger supermarket counterparts. Shoppers frequenting local convenience outlets are potentially spending up to a…
Debenhams is set to expand its online presence internationally, launching websites in Ireland and Australia.The UK retailer aims to unveil these new platforms before Christmas, offering a range of brands.Debenhams’ move is part of a broader online expansion strategy, including a marketplace launch.The retailer will introduce a fulfilment service enhancing delivery efficiency for UK brand partners.These initiatives align with Debenhams’ aim to strengthen its international footprint.Debenhams is poised to make a significant leap into the international market by rolling out online platforms tailored for consumers in Ireland and Australia. This strategic move will see Debenhams launching these country-specific websites before…