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Third of employees have no more than a month’s savings

Over half of Britain’s workforce (55 percent) want employers to help with financial planning, new research from Neyber has found. Younger staff in particular are keen to get more support from the businesses they work for. Contributor Heidi Allan, Head of Employee wellbeing - Neyber.

Contributor: Heidi Allan | Published: 11 October 2018

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Lack of financial provision at crisis point

More than half of adults have been out of work, yet have no financial provision in case it happens again. Despite this, one in eight say they would have to sell their family home if they lost their income. This comes as one in six admit they have no disposable income, a quarter have no savings and nine in ten don’t have income protection cover.

Contributor: Rose St Louis | Published: 19 September 2018

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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

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CFOs are cautiously optimistic  

This year’s Global Business and Spending Outlook - which surveyed 100 senior finance executives in the UK, half of whom work for companies with more than US$5 billion in annual revenue - revealed that UK CFOs are amongst the most confident in Europe. 91 percent anticipate domestic economic expansion this year compared to 79% across Europe and 85 percent globally.

Contributor: Jose Carvalho | Published: 4 July 2018

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Union warns over Asda/Sainsbury merger

Union warns a ‘bargain basement' deal could risk gambling with 330,000 people’s futures - as workers kept in dark on grocery merger. GMB, the union for ASDA workers, today issued a warning over a looming "supermarket sweepstake" after ASDA and Sainsbury's confirmed an attempted merger this morning.

Contributor: Tim Roache | Published: 3 May 2018

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Banking with Amazon?

Amazon execs are talking to JP Morgan about creating a bank service aimed at young consumers. The e-commerce fulfilment specialist ParcelHero says Amazon is pressing ahead with plans to open a banking service. David Jinks MILT, says...‘Amazon is now in discussion with JP Morgan Chase and a number of other financial organisations.

Contributor: David Jinks | Published: 9 March 2018

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Finance professionals dominate FTSE 100 CEO list  

Over half (51 percent) of all current FTSE 100 company CEOs have a background in finance, with almost one in five (18 percent) holding accountancy qualifications. That’s according to analysis by specialist recruiter, Global Accounting Network, which researched the education and career history of the acting heads of each FTSE 100 firm.

Contributor: Adrian O'Connor | Published: 20 February 2018

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Top 10 financial services roles set for highest salary increases in 2018

High- performing financial professionals remain in high demand as the skills deficit grows in the financial sector. Robert Half 2018 Salary Guide has revealed that accountants and finance leaders will top the list of professionals set to experience the greatest salary increases in financial services in 2018. 

Contributor: Matt Weston | Published: 18 February 2018

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Company insolvencies soar as costs spiral

There has been a 4.2 percent rise in company insolvencies in 2017 to 17,243, and a rise in quarterly insolvencies for Q4 2017 to 4,382. Recent insolvency figures are a real concern and our research shows a record number of small business owners looking for an exit. One in seven entrepreneurs expects to sell, hand-on or close their business in the first quarter of 2018.

Contributor: Mike Cherry | Published: 6 February 2018

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Calls for new imperatives for financial security

New research on consumer, business leader and public sector leader views provides insights on how to address the financial savings gap. The UK is one of the least financially secure nations amongst the 12 surveyed. Findings from a survey focused on financial security from Mercer’s Healthy, Wealthy and Work-wise new global research identifies imperatives for financial security.

Contributor: Eve Read | Published: 4 February 2018