Around 25% of UK employees face workplace conflicts, yet only 36% are resolved, leading to lingering grievances.The CIPD’s Good Work Index for 2024 highlights the extent of unresolved conflicts, contributing to a toxic workplace environment.Most reported conflicts include feeling humiliated, heated arguments, verbal abuse, and discrimination.Positive workplace cultures are essential to mitigate conflicts, which impact engagement, productivity, turnover, and reputation.A structural change in addressing conflicts can promote psychological safety and constructive communication.The CIPD’s Good Work Index for 2024 reveals that approximately 25% of UK employees encounter conflicts at work. Alarmingly, only 36% of these issues are resolved, perpetuating resentment and…
Author: Scott Dylan
Scott Dylan is the Founder of NexaTech Ventures
Sosandar is set to expand its retail presence with a third store opening at Newcastle’s Metrocentre this October.This marks the third store Sosandar has opened this year, continuing its strategic expansion plans.The new store will be located in the Metrocentre’s Platinum Mall, surrounded by other high-end retailers.Sosandar’s co-CEOs emphasise their selective approach to choosing thriving retail locations.Metrocentre’s management expresses enthusiasm for Sosandar’s upcoming store, highlighting the centre’s prominence.Sosandar continues its strategic expansion with a new store in Newcastle’s Metrocentre, following recent openings in Chelmsford and Marlow. This third outlet is part of a broader plan to establish 50 locations within…
Recent research highlights the financial burden of childcare during UK school holidays.Parents grapple with over £1,683 increase in monthly childcare costs.Young parents face even steeper childcare expenses due to age-specific challenges.Lack of flexible work options exacerbates financial pressure on working parents.Flexible work arrangements emerge as crucial for managing childcare and employment.Recent research underscores the growing financial strain on UK parents in managing childcare requirements during school holidays. The Phoenix Group’s findings reveal that over two-fifths of working parents face increased childcare costs during this period, with an average rise of £1,683 per month.The impact is significantly more pronounced for younger…
Ted Baker’s last 31 stores will cease operations on 20 August, closing a significant chapter for the brand.The decision follows unsuccessful negotiation attempts with Frasers Group, led by Mike Ashley, to maintain UK operations.Approximately 500 jobs are at risk as the retailer faces the conclusion of its UK presence.Discussions between Ted Baker’s owner, Authentic Brands Group, and potential partners have not yielded favourable outcomes.Ted Baker’s difficulties signify broader challenges in the fashion retail landscape due to failed agreements and closures.Ted Baker is set to close its last 31 stores as of 20 August, marking an end to its physical presence…
Tapestry reported a modest rise in revenue for the year ending 29 June 2024, reaching $6.67 billion (£5.17 billion).The increase was primarily driven by “record” sales from Coach, which saw a 3% boost over the year.Despite challenges, Kate Spade experienced a 6% decline, while Stuart Weitzman faced a 14% drop in revenue.Overall gross profit increased by 3.8%, reaching $4.89 billion (£3.79 billion), supported by operational efficiencies and improved foreign exchange rates.The company foresees a continued growth trajectory, projecting a 1% revenue rise for the coming year.Tapestry’s fiscal year ending on 29 June 2024, saw a 1% rise in revenue, totalling…
Secerna LLP recently hosted an engaging taster day, sparking interest in patent law among undergraduates.The event offered a unique opportunity for students to explore the intellectual property (IP) industry.Participants engaged in practical exercises, enhancing their understanding of a patent attorney’s role.Interactions with Secerna team members provided insights into daily responsibilities and career paths.Students left inspired, expressing enthusiasm for their potential futures in IP law.Secerna LLP recently conducted its fourth annual taster day, providing a unique window into the world of patent law for undergraduate students. The event was designed to offer inspiration and empowerment, presenting students with a firsthand experience…
Employees now require assistance across a wider spectrum of areas, creating challenges for employers to manage these demands effectively.Traditional health and wellbeing sectors are seeing increasing demands, alongside emerging needs in areas like fertility, gender identity, and neurodiversity.Research reveals that over 20% of employers anticipate support needs in areas such as addiction and gender identity.Communication strategies are critical to inform employees about available support options efficiently.A digital platform is recommended for employers to streamline communication and support accessibility.Employers are increasingly challenged to manage a diverse array of employee support needs. Although traditional areas such as health and wellbeing continue to…
Dressing for work in the summer heat requires balancing professionalism with comfort.Workplace attire standards have significantly evolved, with only 7% of workers now wearing suits to the office.Employees are advised to review company dress codes and consult HR for clarity on appropriate summer wear.Clothing should not be too revealing or pose a health and safety risk in the workplace.Both gender equality and hygiene considerations are essential when choosing office outfits for summer.Dressing for the office in the summer demands navigating the delicate balance between staying formal and feeling comfortable in the heat. With suits becoming a rarity, as highlighted by…
Stephanie Kaye has been promoted to partner at Clarion, marking a significant milestone in her legal career.Kaye joined Clarion in 2013 as a paralegal and has since built a notable reputation in networking and legal expertise.She has been recognised as a ‘Rising Star’ and a ‘Leading Individual’, underscoring her influence in the legal community.Clarion’s Costs and Litigation Funding team, where Kaye is a key figure, is distinguished for its national and international legal cost services.Kaye’s leadership has been crucial in driving Clarion’s strategy, talent development, and diversity initiatives.Stephanie Kaye’s promotion to partner at Clarion represents a pivotal development in her…
London continues to attract luxury brands, with Oxford Street and Bond Street remaining prime locations.Oxford Street sees approximately half a million visitors daily, enhancing its appeal to retailers.Investment in Central London retail is up 71% compared to the previous quarter, totalling £424 million.Luxury brands are particularly drawn to New Bond Street, aiming to solidify their physical presence.Recent data shows an increase in store sizes and new brand entries on Oxford Street since the start of 2023.Oxford Street, one of the world’s busiest shopping destinations, draws nearly half a million visitors each day, providing a bustling environment coveted by retailers. Such…