In the unyielding landscape of retail, where every second counts, the robustness of a retailer’s network system can either enhance or deteriorate their operation’s success. Recent findings highlight that network failures in the United Kingdom resulted in over 50 million lost working hours and £3.7 billion in economic loss in 2023 alone. This staggering impact underscores the need for reliable digital networking solutions.Retailers today operate in a complex digital ecosystem where a stable network is fundamental to business operations. Instability in digital networks can result in significant revenue loss and a poor customer experience, both of which directly affect profitability.…
Author: Dave Antrobus
New legislation on sexual harassment is now enacted, significantly altering employer responsibilities.Effective 26 October 2024, UK law demands that employers take ‘reasonable steps’ to prevent workplace sexual harassment.The Worker Protection Act 2023 introduces a 25% penalty uplift on compensation for non-compliance.Employers need to prepare for potentially increased claims during the festive season.Eight strategic actions are recommended by the Equality and Human Rights Commission to mitigate risks.A pivotal change in UK employment law took effect on 26 October 2024, compelling employers to adopt more stringent measures against sexual harassment in the workplace. This legislation, part of the Worker Protection (Amendment of…
Recent research highlights significant gaps in UK workplaces in supporting employees affected by cancer.96% of HR managers report the absence of cancer-specific policies at their companies, reflecting a lack of preparedness.Many managers are untrained in supporting employees with cancer, leading to concerns over inappropriate communication.Only 54% of employers are aware of the Access to Work scheme, with a quarter lacking understanding of disability laws.Organisations offer various benefits, but inconsistencies in their communication hinder effective employee support.Recent research conducted by Working With Cancer in collaboration with the Institute for Employment Studies (IES) has thrown light on a significant shortfall in UK…
Recent research highlights a shift in the valuation of employee benefits among British workers.Supermarket vouchers have emerged as the most valued workplace perk, with 98% of employees using them.Many employees are turning to workplace benefits for dental services amid NHS service pressures.Salary advance options see significant engagement, yet less than a quarter of employers provide this perk.Despite being widely offered, gym memberships are utilised by a minority of employees.Recent analysis of UK employee benefits data has shown a significant change in preference among British employees, who now consider supermarket vouchers as the most valued workplace perk. An impressive 98% of…
In a bold move, Keir Starmer challenges asset-dependent earners as Labour plans significant tax hikes.The upcoming Labour Budget focuses on raising £35 billion, targeting capital gains and inheritance taxes.Asset-based income earners, including landlords and shareholders, are distinguished from ‘working people.’Labour’s tax strategy aims to address a substantial fiscal deficit of £22 billion.Starmer defends the budget’s direction as essential to rebuilding the UK’s economic stability.In anticipation of substantial tax hikes, the Labour government, led by Prime Minister Keir Starmer, has made it clear that individuals whose primary income derives from assets such as property and shares do not fit the definition…
This week’s UK tech funding highlighted significant investments across various sectors, reflecting the dynamic landscape of innovation.AI processor developer Oriole Networks received notable investment to propel its photonics technology.Genie AI secured funding to advance its automated legal contract drafting platform.The navigation tool Where You At attracted investor attention for improving venue safety.Overall, the UK tech sector saw £37.4m in investments amidst a slow funding week.This week, UK tech investment witnessed key developments, spotlighting innovative projects and strategic investments. A total of £37.4 million was raised across various tech sectors, marking notable progress despite a generally slow week for funding.Oriole Networks,…
Boohoo Group has formally addressed Frasers Group’s proposal regarding the prospective appointment of Mike Ashley as CEO.Frasers Group had published an open letter suggesting Mike Ashley for the CEO role, criticising Boohoo’s board conduct.Boohoo clarified its stance on board representation with regard to Frasers’ proposal, citing procedural commitments.The group explained the ongoing CEO search process and the importance of governance in decision-making.Further discussions on Boohoo’s recent debt refinancing were outlined, disputing Frasers’ portrayal.In a detailed response, Boohoo Group addressed Frasers Group’s suggestion of Mike Ashley as the potential new chief executive. Frasers Group, Boohoo’s largest shareholder, had criticised the board’s…
A groundbreaking report has been launched to catalyse the UK’s creative sector, aiming to unlock significant economic potential.The Royal Society of Arts and partners outline a strategy for creative industry growth, highlighting possible economic gains of tens of billions of pounds.The report stresses the importance of regional collaboration, particularly through initiatives like One Creative North.Key industry figures advocate for enhanced investment, job opportunities, and skill development to elevate UK creative sectors.New government policies place creative industries at the forefront of economic strategies, promoting nationwide access to culture and the arts.A significant report has been unveiled in Salford, which aspires to…
Boohoo addresses Fraser Group’s request for Mike Ashley as CEO amidst ongoing discussions about leadership and company strategy.Fraser Group suggests appointing Mike Ashley as Boohoo’s new CEO, citing management concerns.Boohoo’s Board clarifies its position and ongoing evaluations of its business divisions.Emphasis is placed on governance and shareholder interests in Boohoo’s decision-making process.Boohoo refutes Fraser Group’s characterisation of its debt refinancing strategy.The Fraser Group has proposed that Mike Ashley should take over as the Chief Executive Officer of Boohoo. This proposal was made public through an open letter that questioned Boohoo’s current leadership and strategic direction. They expressed the belief that…
Holland & Barrett has announced plans to significantly expand its presence in the UK, aiming for up to 50 new store openings next year.The expansion is part of the company’s broader strategy to invest in physical retail and enhance accessibility for consumers.This move follows the successful opening of 35 new sites and the refurbishment of 280 existing stores over the past year.Holland & Barrett is focusing on standalone stores, new retail formats, and concessions at partner locations, including major retail parks.The retailer is in discussions with top partners, like Tesco and Next, to increase its concession counters and collaborate on…