Current Affairs

Creative sector SMEs grow faster than traditional firms

Creative sector SMEs are generating jobs at a faster rate than small businesses in traditional industries such as manufacturing and construction, according to research by the think tank Centre for Cities.

Unemployment at lowest since 2008

Latest jobs figures show that the UK unemployment rate is 5.4%, the lowest it has been since the recession in 2008, analysis by Office for National Statistics reveals.

Cash payments continue to decline

A record 44 billion payments will be made in the UK in 2024, analysis by Payment UK predicts. Increases in bank card, internet and mobile banking payments have been key factors in the rise, equating to 120 million payments a day.

SMEs create new jobs

SMEs have created an additional 400,000 jobs this year, analysis by the Forum of Private Business shows.

Funeral costs rise faster than inflation

Funeral costs have risen by 2.9% to £3,693, 29 times higher than UK inflation according to new research by SunLife.

Apprenticeships levy divides employers

There are concerns amongst employers that the apprenticeship levy will increase the number of apprenticeships at the expense of quality and investment in training and development, according to new research by the Chartered Institute of Personnel and Development.

National minimum wage increases

From Thursday 1 October, over 1 million workers will see their pay rise when the national minimum wage goes up.

Insurance industry pays out £77 million a day

Insurers paid out around £77 million a day in insurance claims in 2013, statistics released by the Association of British Insurers show.

Dividend cover ratio falls

Dividend cover for the index of 350 leading shares has fallen to its lowest level since 2009, research by The Share Centre has shown.

Businesses fail to invest in people and technology

Businesses are not investing in the staff, technology and equipment needed to boost productivity, says a new report by the Chartered Institute of Personnel and Development.

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