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Passengers stranded in Lufthansa strike

first_img whatsapp Tags: NULL Monday 1 December 2014 8:49 pm Express KCS whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Sharecenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoHero Wars Advertisement This game will keep you up all night! Hero Wars UndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickUndoUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementUndoFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorUndo Show Comments ▼ Passengers stranded in Lufthansa strike LUFTHANSA pilots, protesting against their pension terms, started a two-day strike yesterday, their ninth this year. Germany’s flagship airline cancelled close to half its scheduled flights, leaving 150,000 passengers stranded and wiping millions of euros off the airline’s earnings. last_img read more

Investment banking bonuses up this year but traders see pay slip

first_imgSenior dealmakers at investment banks expect to see their bonuses rise by as much as £40,000 this awards season, according to data out today from Emolument.com.But equities bankers will see payouts stay flat, and fixed income, currencies and commodities traders will see pay dip.Junior origination and advisory staff expect average bonuses of £45,000 this year, the data website said, up from £36,000 a year ago.And managing directors in their departments are likely to get £198,000, up from £158,000 in 2014.Associates in the equities business can expect £23,000, with their senior bosses on £172,000 – almost unchanged on the year.But traders had a poor 2014 as markets were flat, resulting in low demand from clients.The result will be a dip in bonuses from £41,000 to £38,000 for junior team members, and from £290,000 to £275,000 for managing directors. Investment banking bonuses up this year but traders see pay slip whatsapp Show Comments ▼ Share whatsapp Express KCS center_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Programinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive Supplement Wednesday 14 January 2015 8:13 pm Tags: City bonuses employment and wages UK jobslast_img read more

Alexis Tsipras’s Syriza wins 2015 Greece election: Euro leaders wary of new Greek party

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Tags: Greek debt crisis Express KCS Show Comments ▼ Alexis Tsipras’s Syriza wins 2015 Greece election: Euro leaders wary of new Greek party European leaders last night reacted warily to the election of Greek anti-austerity party Syriza, ahead of Alexis Tsipras’s expected effort to exit bailout agreements. Jens Weidmann, president of the Bundesbank, the German central bank, warned that Greece would remain dependent on outside financial support and that the new Greek government “should not make promises that the country cannot afford.” “I hope the new government won’t call into question what is expected and what has already been achieved,” he said. French President  Francois Hollande urged Tsipras to “pursue the close cooperation between our two countries in service of growth and the stability of the Eurozone, in a spirit of progress, solidarity and responsibility that is at the heart of the European values we share.” Despite Syriza’s election triumph, analysts remain convinced Syriza will pose little threat of a “Grexit” – Greek exit from the Eurozone – due to its weak bargaining power.    “If and when it [Syriza] forms a government, it faces very difficult challenges to meet all of its three objectives of ending austerity, restructuring its EU and IMF loan debt, and keeping Greece in the euro area,” said economist Robert Kuenzel from Daiwa Capital Markets. Doing all three is seemingly impossible. Ending austerity would mean Greece would no longer be able to get financing from the EU and the IMF, resulting in a likely default on some its debt. A default may mean that Greece is forced to leave the euro so its own central bank can fund basic state functions. “The short-term costs and risks for Greece attached to a ‘Grexit’ are enormous, especially for the fragile Greek banking sector, while the benefits of improved competitiveness (mainly of the Greek tourism industry) are likely modest,” Kuenzel said. WAS GREECE ON THE ROAD TO RECOVERY?Greeks have faced an incredibly tough time, with Greece’s recession on par with the US great depression. However, data from Greece appears to show its economy is in the early stages of recovery. Though still at elevated levels, unemployment and youth unemployment had levelled off and were beginning to edge down. Meanwhile, the government’s austerity programme has been “successful” in terms of getting borrowing under control. GDP was also starting to tick up, although only very slowly. PROFILE: Alexis Tsipras ■  Born in Athens 1974. ■ Became a member of the Communist Youth of Greece while in High School. ■ Holds a degree in Civil Engineering from the National Technical University of Athens. Conducted post graduate studies in Land Surveying and Planning. ■ Was a member of the Central Council of the National Students Union of Greece (EFEE) from 1995 to 1997. ■ After finishing his studies, he worked as a civil engineer. ■ In 1999 he was elected secretary of Synaspismos Youth – one of the parties that would later combine to form Syriza. ■ In December 2004 he was elected to the Central Political Committee of the party and consequently political secretariat where he was responsible for educational and youth issues. ■  In 2008, Tsipras was elected as the president of Synaspismos. ■ He was elected member parliament in the national elections of 2009 and has since then headed Syriza. ■ Syriza has been a coalition of 13 separate parties since 2004 but ran for parliament as a single party for the first time in May 2012. ■  In the 2012 General Election, the Tsipras-led Syriza gained 26.9 per cent of the vote against incumbent New Democracy’s 29.7 per cent.  center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online Game whatsapp Share Monday 26 January 2015 12:29 amlast_img read more

Inflation report to give clues on rate hike date – London Report

first_img Tags: NULL More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Show Comments ▼ Share whatsapp Inflation report to give clues on rate hike date – London Report center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldLivestlyThe Best Redhead Actresses, RankedLivestlyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableySenior Living | Search AdsSenior Apartments Coming to Scottsdale (Take A Look At The Prices)Senior Living | Search AdsDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionArticles SkillHe Left Wife For Her Sister, Then She Wins It AllArticles Skill whatsapp Express KCS THE BANK of England’s quarterly inflation report is this week expected to offer an insight into whether historically-low interest rates will be increased this year or next.Howard Archer, of IHS Global Insight, said: “The Bank of England will obviously have to cut its near-term inflation forecasts sharply given that consumer price inflation fell sharply to a 14-month low of 0.5 per cent in December 2014 and looks certain to drop further in the early months of 2015 given that oil prices have fallen further overall.”The longer-term outlook for inflation is likely to influence the Bank’s decision on when interest rates should rise. Last week Credit Suisse said in a research note: “In our view, even though the monetary policy committee (MPC) is not in a hurry to raise rates yet, it might want to signal that the market has priced the rate hike too far out (in May 2016) and rates might rise sooner than the markets expect if data continue to improve.”Other economic news this week includes results from the British Retail Consortium (BRC) for January, due out tomorrow. They are expected to show healthy spending for the start of the year, following an increase in retail sales in the last quarter of 2014, which included a spike from Black Friday promotions. Industrial production and manufacturing output data for December are also due for release this week.The latest house price survey results from the Royal Institute of Chartered Surveyors, will also be closely followed. Last week figures from the latest Halifax house price index showed growth of 2 per cent between December and January. The corporate week begins with news today from Randgold Resources. Tomorrow Babcock, Cable & Wireless, Catlin, Halma, ICAP and Millennium & Copthorne Hotels will update the market. On Wednesday Atkins (WS), Electrocomponents, Reckitt Benckiser, Redrow, Telecity, Thomas Cook and Tullow Oil are due to report.Thursday’s updates are expected from Darty, Imperial Tobacco, Informa, Lancashire Holdings, Morgan Advanced Materials, Rio Tinto, Shire, SSE, Tate & Lyle and Zoopla. Glencore is also scheduled to give a production report.On Friday Anglo American and Rolls-Royce are due to give full-year figures. Sunday 8 February 2015 10:50 pmlast_img read more

Chancellor George Osborne to deliver new budget on 8 July

first_img Share Chancellor George Osborne has said he will deliver a new budget “for working people” on 8 July following the Conservative’s shock electoral win last week.”On the 8th of July I am going to take the unusual step of having a second budget of the year – because I don’t want to wait to turn the promises we made in the election into a reality,” he wrote in The Sun newspaper. The Tories have pledged to make £12bn in welfare cuts over the next five years – however only £2bn has been identified according to the Institiute for Fiscal Studies – leaving many eager to hear where else the axe will fall.”We will protect the NHS and give it more funding each and every year, while making savings across Whitehall,” he said.”We’ll crack down hard on tax avoidance and aggressive tax planning by the rich – because everyone should pay their fair share.”The Office for Budget Responsibility forecasts government borrowing will be cut to £41bn in 2016-17 and £14.5bn the year after. It predicts the government will be running a budget surplus of £4bn by 2018-19.What Osborne referred to as the “unusual” timing of the budget will enable the Office for Budget Responsibility to draw up new forecasts. Chancellor George Osborne to deliver new budget on 8 July Tags: Budget 2016 George Osborne July Budget 2015 People Saturday 16 May 2015 3:56 am Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesComedyAbandoned Submarines Floating Around the WorldComedyEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTotal PastAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongTotal PastOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Express whatsapp whatsapp Jessica Morris last_img read more

City Moves for 27 May 2015 | Who’s switching jobs

first_img whatsapp Tags: NULL City Moves for 27 May 2015 | Who’s switching jobs Share Tuesday 26 May 2015 8:43 pm center_img BLPThe law firm has announced the appointment of Nathan Willmott as departmental managing partner of its litigation and dispute resolution team. He joined Berwin Leighton Paisner in 2007, and has led its commercial dispute resolution group since 2010.Daniel WatneyDavid Graham has been appointed senior associate partner in the property consultancy’s planning team. He joins from Indigo Planning, where he was associate director focused on identifying development opportunities, and coordinating and submitting planning applications and appeals. Graham has also held positions at Knight Frank.F&C Investments The asset management firm, part of BMO Global Asset Management, has appointed Robert Elfström, Frank Steffen and Carolin Töpfer to its continental European distribution team. Elfström joins as director Nordic Region from Franklin Templeton Investments, where he was a sales director. Steffen joins as a senior sales director in the wholesale distribution team from BlackRock Investment Management, where he was a sales director. Töpfer as sales support.SQW GroupThe consultancy has announced the appointment of David Crichton-Miller as chief executive. He most recently worked at A4e, one of the main operators of the government’s employability and skills outsourcing contracts. Crichton-Miller has also formerly held roles at WYG and McKinsey & Company.TowrySteve Midgley has been appointed head of sales strategy and operations at the wealth management firm following the acquisition of Ashcourt Rowan. He joined Ashcourt Rowan in 2013 as managing director of its financial planning arm. Midgley has also held senior positions at National Australia Group, Clydesdale Bank, and Yorkshire Bank.Fidelio PartnersThe board development and executive search consultancy has announced the appointment of Jon Durrant as partner with responsibility for executive search and, specifically, its communications practice. He was most recently chief operating officer at MHP Communications and Capital MSL.To appear in City Moves please email your career updates and pictures to [email protected] up to receive the new City Moves morning update if you haven’t already. whatsapp Show Comments ▼ Express KCS last_img read more

Mary Schapiro joins London stock exchange

first_img whatsapp Show Comments ▼ Mary Schapiro joins London stock exchange Express KCS Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofBest Wine Gifts & Wine Accessories at Every PriceGayotHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofWhat is ‘Ranked-Choice Voting,’ the New System for New York’s MayoralFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily Proof Former US Securities and Exchange Commission chairman Mary Schapiro is joining the board of the London Stock Exchange, which aims to expand its American business. Schapiro, chair of the SEC from 2009-2012, will become a non-executive director on 1 July. center_img Share whatsapp Thursday 11 June 2015 9:31 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoLearn It WiseAfter Losing 70lbs Susan Boyle Is So Skinny Now She Looks Like A ModelLearn It WiseUndo Tags: NULLlast_img read more

Labour mayoral hopeful Sadiq Khan wants to pedestrianise Oxford Street.

first_imgWednesday 24 June 2015 8:53 am Sadiq Khan, a frontrunner for the Labour mayoral candidacy, has announced plans to pedestrianise Oxford Street as part a campaign for cleaner air in the capital.He said he would turn the capital’s flagship shopping street and tourist attraction in to a one and a half mile tree-lined walkway, as he vowed to takle London’s “dangerous?” air pollution problem. As a Londoner, I’m ashamed that it’s also one of the most polluted roads in the world – where illegal and dangerous levels of air pollution are the norm. We are one heat wave away from pollution levels not seen since the 1950’s. That is bad for London and catastrophic for Londoners health, he said.The street could lose out to competition if things do not change, and that with change the attraction could be better for Londoners, for tours and for our economy.As mayor, Khan said he would set out to create one of the world’s best public spaces, as one of the most ambitious plans for London, with a tree line from Hyde Park to Centre Point at Tottenham Court Road.At present Oxford Street is one of the most polluted spots in Europe, a place Khan says many Londoners prefer to avoid.This is part of the Tooting MPs promise to lead the clean air revolution, with space on Oxford Street given to pedestrians and cyclists over motor vehicles.If elected, he would also purchase only electric buses for London after 2018, look closely at best practice from other cities and work with boroughs to create ultra-low emissions zones. Tags: London mayoral election 2016 Show Comments ▼ James Nickerson center_img whatsapp Labour mayoral hopeful Sadiq Khan wants to pedestrianise Oxford Street. Share whatsapplast_img read more

The employment landscape has never been so good for entrepreneurs

first_imgWednesday 24 June 2015 8:17 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailGameday NewsNASCAR Drivers Salaries Finally ReleasedGameday NewsInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesComedyAbandoned Submarines Floating Around the WorldComedyzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror THERE is a myth that should be dispelled. Despite many commentators and business owners believing the contrary, it’s relatively easy to hire and fire employees in Britain.This myth gained particular currency prior to recent legislative changes but still persists. Since 6 April 2012, employees must have been employed by a company for two years before acquiring unfair dismissal rights and, since 29 July 2013, employees have had to pay a fee to make an Employment Tribunal claim and another fee if their claim goes to a full hearing. Compensation payable to an employee for a successful unfair dismissal claim has also been capped at £90,000 or the employee’s annual pay – whichever is lowest. These changes have made a huge difference, resulting in the number of Employment Tribunal cases dropping by 70 per cent.This hiring and firing myth will be reinforced as we head into the referendum on Britain’s membership of the EU. However, despite a few outcomes less popular with employers as a result of our membership – such as the decision that employees accrue holiday during sick leave and commission when on holiday – we have managed to integrate EU legislation to better protect workers while maintaining a relatively flexible system. Brexit would certainly give us more independence on employment matters. But in truth, we seem to have managed to strike the right balance without a need to leave the EU.This is not to suggest that hiring and firing isn’t without risks. At some stage, all fast-growing businesses will need to decide whether or when to take someone on to manage HR issues. When it’s best to do this should be principally based on how much time, focus and money senior management is spending on employment matters. For an entrepreneur employing lots of people, this may be necessary straight away, while for some – even businesses like hedge funds that can be turning over huge profits – the need to employ a dedicated HR manager may be put off indefinitely. It may also be an issue of how proactive or reactive an entrepreneur wants to be when dealing with his or her staff.One of the biggest employment challenges owners of fast-growing companies are likely to face comes when expanding overseas. Even our neighbours in Europe have very different employment laws, which need to be understood on a country-by-country basis. Non-European clients often choose the UK as their base to enter the European market because of its relative flexibility. It is not unheard of for unprofitable businesses in Europe to be kept open because it’s cheaper and easier than closing the office. As such, the ease and cost of extraction needs to be a factor in any decision to expand overseas.The UK’s employment landscape is as good as it has ever been for entrepreneurs. Employees have a good level of protection, including from suffering detriment as a result of discrimination and whistleblowing, but the rights are sensibly limited and the bar to accessing the Employment Tribunal has now been set sufficiently high, so that vexatious claims are much reduced in number. We sit – as with so many other things – in a happy medium between the US and Europe. It’s just a shame so few entrepreneurs – perhaps blinded by scare stories – appear unaware of the reality.Daniel Naftalin is a partner and head of the employment department at Mishcon de Reya. Express KCS whatsapp whatsapp Share The employment landscape has never been so good for entrepreneurs Show Comments ▼ Tags: NULLlast_img read more

Skills gap grows and threatens UK productivity

first_imgMonday 28 September 2015 8:44 pm Show Comments ▼ Express KCS by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailGameday NewsNASCAR Drivers Salaries Finally ReleasedGameday NewsSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBallLoan Insurance WealthGrab A Tissue Before You See Richard Simmons At 72Loan Insurance Wealth UK employers are facing even greater skills shortages and rising wage pressures, according to a new report from global recruiters Hays.Since 2012, the UK’s talent mismatch level – the gap between the skills people can offer and those employers are looking for – has increased every year. The UK now has a talent mismatch score of 9.7 out of 10, among the worst in Europe, according to the Hays Global Skills Index 2015.Wage pressure in the UK has also increased significantly since last year as the economy returns to health, said Hays. The recruiter added that this reflects the war for talent in certain industries, including engineering and technology, which is forcing companies to pay a higher premium for the best people.The report outlines the need for UK and global businesses to work closely with respective governments to find long-term solutions to current talent shortages and faltering productivity. Otherwise long-term growth will be at risk.Hays’ chief executive Alistair Cox said: “This year’s report offers grounds for optimism, but none for complacency. UK growth prospects are better than they have been in a long time but employers are facing ever-greater challenges to find the talent they need. This can only mean that the productivity challenges we face as a nation will become even more severe.”“We need to resolve the UK’s productivity puzzle and the current skills gap is clearly a big part of the problem. The answer does not lie in working longer hours, but in developing and using the right skills for the job. Better training for UK workers, attracting highly-skilled workers from overseas and investing in better technology are all part of the solution and will be critical in shifting the economy into the next gear.” whatsapp Skills gap grows and threatens UK productivity whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Sharelast_img read more