UK workforce split on working from home as hybrid model persists post-pandemic
More than five years after the onset of the pandemic, remote working remains a central part of UK work culture. According to recent data from the Office for National Statistics (ONS), 41% of the British workforce now works from home at
Metro Bank fined £16.6m by FCA over money laundering monitoring failures
The Financial Conduct Authority (FCA) has fined Metro Bank £16.6 million for failing to implement adequate systems to monitor money laundering risks, impacting over 60 million transactions valued at more than £51 billion. The lapses, occurring between June 2016 and December
UK unemployment rises as wage growth slows, affecting interest rate cut prospects
UK wage growth has slowed to its lowest rate in more than two years, while unemployment rose to 4.3% in the three months to September, according to new figures from the Office for National Statistics (ONS). The data, which reveals a
Anthony Scaramucci warns of impact on UK trade as trump wins US election
Anthony Scaramucci, former White House communications director and co-host of The Rest is Politics US, has expressed concerns over the implications of Donald Trump’s recent election victory for UK-US trade relations. Speaking exclusively to Business Matters, Scaramucci reflected on the potential
Budget tax rise puts two in five UK hair salons at risk of closure, warn industry leaders
The UK hair salon industry faces an uncertain future, with two in five salons at risk of closure due to rising employment costs outlined in last month’s budget. Industry leaders, including Carla Whelan, CEO of the Regis and Supercuts salon group,