Employers ‘having to pay more to recruit new staff’ Many UK employers have had to pay “well above market rate” to attract employees over the past year as a skills shortage intensifies, a survey suggests. Almost all firms in a survey of 400 by the Open University said it had been difficult to find
Employment Rate Hits Record Highs The UK’s employment rate has hit levels not seen since records began in 1971. Figures from the Office for National Statistics, reveal the proportion of 16 to 64-year-olds in work, was 74.8%, while the number of people unemployed fell by 53,000 to 1.54m in the three months to March 2017.
MiFID II MiFID I was launched with the highest of hopes. It was intended to turbo-charge cross-continental trade in financial services. Its aim was to allow firms from across the European Union to compete with each other across jurisdictions and thereby to increase consumer choice and improve consumer outcomes. Having been years in the planning
EU Discusses Brexit Position as U.K. Threatens to Quit Talks European Union ministers meet in Brussels on Monday to refine their Brexit negotiating position after the U.K. threatened to quit talks on its departure unless the bloc drops its demands for a divorce payment as high as 100 billion euros ($112 billion). Britain’s negotiations would
What is the GDPR? General Data Protection Regulation (GDPR) has taken 4 years to create by the EU. The legislation has been devised to give people more say over what companies do with their personal data. In place at the moment in the UK there is the Data Protection Act 1998. Once the new legislation