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global growth

IMF downgrades global growth forecast

The International Monetary Fund (IMF) has downgraded its global growth forecast for 2019 to its ‘lowest level’ since the financial crisis. In its latest World Economic Outlook document, the IMF downgraded its global growth forecast to 3.3% for 2019, and 3.6% for 2020. According to the IMF, the UK,...

The International Monetary Fund (IMF) has downgraded its global growth forecast for 2019 to its ‘lowest level’ since the financial crisis. In its latest...

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shared parental leave

TUC states shared parental leave scheme needs ‘overhauling’

 The Trades Union Congress (TUC) has stated that the shared parental leave and pay scheme needs ‘overhauling’, and has urged the government to take action. The scheme was introduced four years ago, and allows parents to share up to 50 weeks of leave and up to 37 weeks of...

 The Trades Union Congress (TUC) has stated that the shared parental leave and pay scheme needs ‘overhauling’, and has urged the government to take...

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pensions

Government commits to implementation of pensions dashboard initiative

The government has confirmed that it intends to implement its proposed pensions dashboard initiative, which will allow those saving for retirement to view information from multiple pensions in one place. According to the government, pensions dashboards will ‘open up pensions to millions’, and ‘provide an easy-to-access online view of...

The government has confirmed that it intends to implement its proposed pensions dashboard initiative, which will allow those saving for retirement to view information...

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cyber attacks

Business leaders urged to ‘do more’ to help prevent cyber-attacks

Following the publication of the government’s 2019 Cyber Security Breaches Survey, business leaders are being urged to ‘do more’ to protect their firms from cyber-attacks and cybercrime. The survey showed that 32% of businesses reported experiencing a cyber security breach or attack in the last 12 months. This represents...

Following the publication of the government’s 2019 Cyber Security Breaches Survey, business leaders are being urged to ‘do more’ to protect their firms from...

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State Pension

Older workers ‘may be paying unnecessary tax on State Pension’, research suggests

Research carried out by insurer Royal London has suggested that half a million older workers could be ‘paying unnecessary tax’ on their State Pension. Royal London stated that this is because older workers have ‘failed to take up the option of deferring their State Pension until they stop work’....

Research carried out by insurer Royal London has suggested that half a million older workers could be ‘paying unnecessary tax’ on their State Pension....

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Survey suggests indicators of UK economic health have ‘weakened’

A survey carried out by the British Chambers of Commerce (BCC) has suggested that the ‘key indicators’ of UK economic health ‘weakened considerably’ during the first quarter of 2019. The data revealed that the balance of services sector firms reporting an increase in export sales stood at zero –...

A survey carried out by the British Chambers of Commerce (BCC) has suggested that the ‘key indicators’ of UK economic health ‘weakened considerably’ during...

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