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AI

Six million workers fear replacement by AI

There are many who fear AI and the responsibility for helping the public on this journey shouldn’t be down to just the Government. Instead of looking at how technologies can reduce jobs, we should be looking at how they make way for employees to spend more times focusing on their ‘customer’, ‘client’ or ‘patients’.

Contributor: Rupal Karia | Published: 7 August 2018

rise

Sterling responds positively to interest rise

In the end the Unreliable Boyfriend didn’t need dragging to the altar. This was no shotgun wedding - with the Bank’s rate-setting committee voting as one for a rise. “It was this unanimity, rather than the decision itself, that surprised the market – and gave the Pound an extra lift against both the Dollar and the Euro."

Contributor: David Lamb | Published: 6 August 2018

technology

Ford adopts Body Tracking Technology

Technology typically used by the world’s top sport stars to raise their game, or ensure their signature skills are accurately replicated in leading video games, is now being used on an auto assembly line. Employees at Ford’s Valencia Engine Assembly Plant, in Spain, are using a special suit equipped with advanced body tracking technology.

Contributor: Javier Gisbert | Published: 5 August 2018

amazon

Amazon shows “complete disregard” for UK taxpayer

"Amazon’s tax set up might mean lower prices, but the true cost is now laid bare says GMB Union". So says GMB, the union for Amazon workers, says the company’s accounts show a complete disregard for the UK taxpayer. Contributor Tim Roache, General Secretary - GMB

Contributor: Tim Roache | Published: 4 August 2018

interest

Interest rate rise looms – how will markets react?

Thursday could be a hugely symbolic day if the Bank of England decides to raise interest rates above 0.5 percent for the first time since the financial crisis. However it doesn’t actually change too much on the ground. Markets are already expecting a rise, and from here on in, further hikes are going to be few and far between because UK economic growth is so fragile.

Contributor: Laith Khalaf | Published: 3 August 2018

CEST

Concerns raised over CEST performance

HMRC’s Check Employment Status for Tax (CEST) tool has been exposed as biased and hopelessly unreliable, after a comprehensive re-testing of HMRC’s CEST test data obtained under FOI by ContractorCalculator, which HMRC and the Treasury are consistently relying upon to back up their claims that the tool is accurate.

Contributor: Dave Chaplin | Published: 3 August 2018

poor company culture

Rising tide of insolvency hits UK

Just days before the Bank of England is expected to pull the trigger on an interest rate rise, this is a stark reminder of how many Britons are in the firing line. The number of people slipping into insolvency is up by more than a quarter on this time last year, and the quarterly casualty toll has risen to its highest level in six years.

Contributor: David Birne | Published: 2 August 2018

reputation

Skills shortage costing businesses £6.3 billion

The majority of organisations in the UK (91 percent) struggled to find workers with the right skills over the past 12 months. The Open University Business Barometer, which monitors the skills landscape of the UK, reveals that three in five senior business leaders surveyed (61 percent) report the skills shortage has worsened over the past year.

Contributor: David Willett | Published: 1 August 2018

corporate

Sharp rise in Corporate fines for health and safety breaches

Thomson Reuters Legal Business, the world’s leading source of intelligent information for businesses and professionals, says the value of corporate fines for health and safety breaches increased 18% in the last year, hitting £57.3m in 2017 up from £48.5m in 2016, in an attempt to get health and safety on the agenda at board level.

Contributor: Morag Rea | Published: 1 August 2018

sexual harassment

Women and Equalities Committee report on sexual harassment released

The Women and Equalities Committee (a Parliamentary select committee) has published the results of its six-month long inquiry into sexual harassment in the workplace and has set out a number of recommendations which it is calling on the Government to implement. 

Contributor: Graham Irons | Published: 1 August 2018