More businesses reporting signs of financial distress
Dwindling growth prospects and business confidence is leading to increased financial distress amongst the UK SME community, new evidence shows.
Tag: Minimum Wage
Think tank calls for minimum wage and better protection for gig economy workers
Firms that claim merely to connect self-employed workers to customers while setting the price for work done could be affected by the proposed changes.
General election business pledges in five bullet points per party
The manifestos British political parties publish ahead of a vote are pretty long these days, so Real Business has summarised the general election business commitments.
I?m evidence of the molotov cocktail of uncertainties British businesses face
By Jan Cavelle
Talking candidly following the closure of her business at the end of 2016, Jan Cavelle believes the rot has not even begun to set in for British businesses in today’s economy.
It’s important for bosses to get the minimum wage right
By Alan Price
Following on from the government naming and shaming 200 companies that failed to pay the minimum wage, Peninsula HR’s director, Alan Price, explains why it is important for bosses to implement the minimum wage in their businesses.
Let’s hope naming and shaming closes the book on deplorable minimum wage abuses
There are plenty of things most of us are glad have been consigned to the history books, but it appears some company owners still have their feet firmly in the past when it comes to getting a fair day’s pay for a fair day’s work.
Mike Ashley might have actually spoken some truth
By Jan Cavelle
While Sports Direct founder Mike Ashley was right when he said he’s not Father Christmas, or anything remotely similar, his comments about accountability in a big company will resonate with a business leader or two.
National Living Wage: How to prepare in 5 steps
Brace yourself. The National Living Wage arrives in April next year, raising minimum hourly pay to £7.20 from £6.50 for any worker over the age of 25. Here’s how to get ready.
Government dictation of wage levels will hinder, rather than help, productivity
By Jan Cavelle
Ahead of the next jump in minimum wage next spring, it was reassuring to hear the CBI speak out against mandatory rises but more must be done to combat polices aimed at popularity rather than success – particularly for the manufacturing sector.
Whitbread CEO Andy Harrison plans to raise prices at Costa Coffee to pay for living wage
Andy Harrison, CEO of Whitbread, has said there will be “selective price increases” at Costa Coffee to deal with the extra £15m to £20m he expects the living wage to cost the business.