One in four not ready to retire

One in four people planning to retire this year don’t feel ready to stop working, Prudential has found. The Class of 2014 study tracked the aspirations of people who plan to retire and found a changing attitude towards retirement: 13 per cent of people scheduled to retire in 2014 have postponed their plans 54 per[…]

Online sales growth continues

Online retailers have reported their strongest January sales of non-food products since 2009, according to the British Retail Consortium (BRC). Online sales of non-food products increased by 19.2 per cent in January 2014, compared with January 2013. The BRC research found: Online purchases accounted for 17.4 per cent of total non-food sales in January 2014[…]

Business groups call for prompt payment reform

Business groups have called for reform of the Prompt Payment Code (PPC) after data showed that more than half of Federation of Small Businesses (FSB) members were not paid by the agreed date. The PPC is a Government-backed scheme to encourage businesses to pay their suppliers on time and within clearly defined terms. The FSB[…]

Skills shortage may curb growth

A growing shortage of skills “may constrain economic growth”, research from the UK Commission for Employment and Skills (UKCES) has suggested. The UKCES 2013 Employer Skills Survey (ESS) found that skills-shortage vacancies increased from 91,400 in 2011 to 146,000 in 2013, rising at a faster rate than the increase in job vacancies. The ESS findings[…]