Category: Latest Articles
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UK leaps ahead in investment appeal
The UK has emerged as the second most attractive country for investment, surpassing Germany, China, and India, according to PwC’s annual CEO survey. The survey is seen as a “vote of confidence in the UK,” with 14% of global CEOs believing the UK will attract significant international investment, trailing only the US at 30%. Optimism…
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Working from home is ‘not proper work’, former Asda boss says
Working from home is creating a generation who are “not doing proper work,” says Lord Rose, the former boss of Marks and Spencer and Asda. Lord Rose told BBC Panorama that home working was part of the UK economy’s “general decline” and employees’ productivity was suffering. His comments come as some companies call time on…
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Labour’s policies are ‘a hindrance’ to hiring, REC says
Data from the Recruitment and Employment Confederation (REC) reveals that the number of job vacancies in the UK has returned to pre-pandemic levels, with 1.44m active postings in December. This marks a 5.5% decrease from November and a nearly 17% drop in new job postings. The latest figures from the Office for National Statistics (ONS)…
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Lloyds to shut Liverpool office
Lloyds Banking Group will shut its office in Liverpool later this year, saying the decision comes as part of broader plans to run “fewer, better-equipped” offices as it looks to cut costs. While Lloyds has not cut jobs as part of the closure, it will impact the site’s 500 staff. Around 420 staff will move…
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Meta to cut 5% of workforce and target ‘lowest performers’
Meta is preparing to cut about 5% of its global workforce, as the owner of Facebook, Instagram and WhatsApp looks to drop “low performers faster.” In a memo to staff, CEO Mark Zuckerberg said he had made the decision to speed up the company’s regular performance-based cuts in anticipation of an “intense year.” Zuckerberg said…