The Chancellor’s announcements on the Job Retention Scheme are welcomed and more generous than anticipated, but the flexible furlough could lead to higher Government costs and hit productivity.
Category: Opinion
Some of the UKs leading business leaders and opinion formers share their insight and ideas for growth
Coronaphobia: Employees are refusing to come back to work
Businesses across the UK who are making efforts to get back to business are facing a new uphill struggle – employees claiming stress and anxiety or are simply requesting outright to be furloughed for another 3 months.
A crisis within a crisis – what we can learn from the Cummings story
Zafar Jamati, head of content at Stone Junction, explains why building an ethical media strategy may have mitigated the political fallout and public anger we saw from the Cummings story, and what the industry can learn from it.
Why Business leaders should focus on solutions not sales
Within a matter of months, the coronavirus has torn through the global economy and forced businesses UK wide to alter operations and pivot any long-term growth strategy.
Retailers who open their doors will need extra help
With thousands of retail stores given the green light to open in the next few weeks the government needs to think of helpful tax breaks and further assistance.
Extended furlough – a big win for Directors?
This week the Government announced that the Coronavirus Job Retention Scheme would be extended until October, however from August while workers will continue to receive 80% of their salary, new rules will mean that employers share the cost.
Botched tax rises could kill the economy as it struggles to recover
Tax rises could kill demand if Treasury documents detailing plans for a rise in income tax are correct and the chancellor doesn’t play his cards right
What your post-lockdown office will probably look like
Whether working from home has been a productivity and wellness-enhancing revelation or a burden to be shouldered with stoic resolve depends on your job, your home setup and your personality.
Still no sign of £10,000 cash grants for many serviced office tenants
The Business Rates loophole which stopped shared office tenants from claiming a critical £10,000 cash grant from HM Treasury had been plugged with a new £617m fund last weekend.
Fundamental changes required to keep building sites open and safe
Following the prime minister’s active encouragement for construction workers to get back onsite
How to wind down the Job Retention Scheme
The troubling news from the Bank of England today is that the UK is now heading for its deepest recession ever recorded.
Does the government’s financial balancing act stack up?
Chancellor Sunak’s emergency financial measures have come under extreme review as of late with many in the industry being quick to slate the quickly launched schemes.
Why we must look to the past in order to define our future
The ongoing COVID-19 pandemic has undoubtedly created a new reality to be reckoned with. Consisting of strict social distancing measures and compulsory store closures, this new era of safety has dealt a significant blow to many sectors.
Economies that imposed an early lockdown will thrive
Countries that imposed strict and early social-distancing measures in response to the COVID-19 outbreak will result in their economies recovering much quicker than those who took a much more relaxed approach.
Coronavirus crisis will break some businesses. But may be making of others
Many business owners and CEOs, as well as many leaders of organisations outside of the business world, know that periods of rapid growth have a way of bringing teams together.
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