News

UK economy records stable, steady growth

The UK economy has recorded a stable rate of growth in the three months to November, figures obtained from the CBI’s latest Growth Indicator were able to reveal. The survey of 742 businesses found that, overall, growth was slightly stronger in manufacturing, with output up in 15 of the 18 sub-sectors, as well as in the consumer & business professional services. Despite the positive trend, rxpectations for growth are not as strong as earlier in the year but are well above their long-run average.
News

4,000 new homes set to be developed in Hull

Hull City Council has teamed up with a consortium of developers for building up to 4,000 new homes in Hull, a recent news report in the local business media was able to reveal. The local authority will work together with KHSP, which consists of housing developers Keepmoat Limited and Strata Homes Limited, housing provider Home Group Limited and commercial property specialists ‘Priority Space’, in order t
News

Banking group set to cut 9,000 jobs

A solid and highly-reliable employee management system is certainly a must for every major company that undergoes massive changes in its organizational structure. This will also apply to Lloyds Banking Groups, who has recently revealed plans to close 200 branches, shedding 9,000 jobs in the process of ‘digitising’ its work.
News

Solid time and attendance systems required for companies going on hiring sprees

Every company that finds itself in the fortunate position to go on a hiring spree due to increased business demand should also seriously consider the implementation of a solid and reliable time and attendance system designed to help streamline the hiring process. That’s also the case with telecoms giant BT, who’s recently revealed plans to create 500 more engineering roles as part of its Openreach arm.
News

British small and medium businesses plan workforce expansion

Britain’s SMEs (smalls and medium businesses) plan to hire more employees over the coming three months, a very recent Vistage Medium-Sized Business Confidence Index was able to reveal. The survey polled 431 CEOs, MDs and owners of medium and larger small businesses and found that up to 60% of respondents expect the economic conditions in the UK to improve over the next 12 months.
News

UK mobile retailer to potentially shed thousands of jobs

One of the UK’s largest mobile phone retailers has entered administration earlier this week, putting no less than UK 5,596 jobs at risk, a news report on the matter was able to reveal. Phones 4u was forced to call in administrators from PwC after all the company’s mobile network partners announced that they would not be renewing their current contracts when they expire next year.