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  • Standard Chartered to swap 7,800 back-office jobs for AI as UK labour market wobbles
  • Kyle vows no climbdown on late payment crackdown as landmark bill enters parliament
  • UK jobless rate climbs to 5% as Iran war and Hormuz shock chill hiring
  • Lloyds set to scrap Halifax brand after 173 years in major high-street shake-up
  • Natwest pledges £20bn for the North of England as banks bet on devolution to drive growth
  • Britain’s property tax burden is now the heaviest of any major economy
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Tag: furlough breach of contract

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Furlough exposes employers to potential breach of contract claims

12 November 2020 Columns Nikki Hesford 24 Comments

With the first UK lockdown coming with little advanced warning, furlough and other Government financial support schemes were initiated quickly and not a lot of guidance was readily available on the finer details.

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Standard Chartered has fired the latest, and loudest, warning shot in the City’s march towards an artificial intelligence-led workforce, confirming plans to shed almost 7,800 back-office roles by 2030 just as fresh figures show Britain’s jobs market sliding into its weakest patch since the pandemic.

Standard Chartered to swap 7,800 back-office jobs for AI as UK labour market wobbles

Standard Chartered will axe almost 7,800 back-office roles by 2030, swapping ‘lower-value human capital’ for AI, as UK unemployment climbs to 5% and payrolls slide.

Packaging power: how Cheshire’s Packaging One sealed a £4m export deal with UKEF backing

Kyle vows no climbdown on late payment crackdown as landmark bill enters parliament

UK jobless rate climbs to 5% as Iran war and Hormuz shock chill hiring

How a 50-person start-up beat TikTok at the IPO – with Lord Sugar in its corner

Lloyds set to scrap Halifax brand after 173 years in major high-street shake-up

Natwest pledges £20bn for the North of England as banks bet on devolution to drive growth

Britain’s property tax burden is now the heaviest of any major economy

Utilities

Energy savings

Business Energy Claims recovers £25,000 for UK chocolatier

Energy saving

Manufacturing company recovers thousands from mis-sold energy contracts

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