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Latest News:

  • North-south divide ‘getting worse’ as levelling-up promises appear empty
  • Millions drink too much alcohol after pandemic, warns expert
  • House prices keep rising in busiest start to year
  • Treasury writes off £4.3bn in Covid payments lost to fraud
  • Rising energy bills ‘unaffordable’ for quarter of households
  • Covid absences hit high in December
  • British Facebook users may be handed £50 each after landmark legal action
  • France ski resorts lifted by easing of travel curbs
  • Painkiller supplies run low on high street as Omicron patients drive up demand
  • Sajid Javid to abandon Covid Passports as the Omicron surge recedes
A UK-backed mission which will search for Earth-like planets orbiting alien stars has been given the green light to continue with its development after passing a critical milestone review.

UK scientists are a step closer to finding planets like Earth

A UK-backed mission which will search for Earth-like planets orbiting alien stars has been given the green light to continue with its development after passing a critical milestone review.

According to a new survey a staggering 3 out of 5 UK professionals are unhappy with their current salary.

Majority of UK professionals are unhappy with their current salary

According to a new survey a staggering 3 out of 5 UK professionals are unhappy with their current salary.

3 in 5 UK professionals are unhappy with their current salary But latest data shows that some salaries are up by 65% in 2022 Hampshire, 17th January 2022 – According to the latest survey by the UK’s leading independent job board, CV-Library, a staggering 3 out of 5 (61.3%) UK professionals are unhappy with their current salary. The study, which surveyed 1,500 professionals, also went on to reveal that lawyers, teachers and new graduates were the most disappointed with their current pay packets. Despite so many workers being unhappy with their wage, the majority (54.6%) of respondents stated they had never tried to negotiate for a higher salary. When asked why they hadn’t negotiated for higher pay, 51.4% of professionals said they didn’t want to risk losing their job, 39.6% said they didn’t want to seem too pushy and 31.8% felt they didn’t know how to negotiate. It’s no surprise that the issue has been exasperated by the pandemic. In fact, more than a quarter (28.9%) of respondents said they had been less likely to negotiate their salary in 2021, than they were before the onset of COVID-19. However, the tide has changed and with record numbers of job postings, confidence amongst the UK workforce is much higher as we head in to 2022. This shift is already reflecting in the 2022 job market with average salaries on the rise in 16 sectors in January 2022 so far, compared to January 2021. The top 5 sectors with salary increases are: Hospitality/Hotel +65.8% Marketing +12% IT +11.6% Administration +10.3% Management +9.4% Lee Biggins, CEO and founder of CV-Library comments: “When the pandemic first struck, businesses held all the power and competition for top jobs was tougher than ever. However, in the last few months we have seen this power shift back in favour of candidates and the year-on-year salary increases we are seeing across many industries already in 2022, substantiates this. As such, candidates should feel able to negotiate on salary without fear of losing out on an exciting opportunity.” Biggins continues: “The key to negotiation is to be prepared. Be sure that you know what you’re worth and what you can bring to the business that will justify a higher salary. To successfully negotiate a salary increase, it’s vital that you take the time to think about what you want, and you check out the latest salaries on offer for your specific role. This will give you the supporting evidence that your expectations are realistic for the 2022 job market.”

Risk for small business owners’ mental health as half still live in fear of future lockdowns

A mental health crisis is looming among small business owners – with 82% reporting that their mental health has already declined due to the pandemic, as more challenges await the self-employed.

One of Britain’s biggest banks has called on the “social conscience” of large businesses to encourage them to settle bills to small and medium-sized suppliers on time.

Barclays urges late-paying large firms to settle up

One of Britain’s biggest banks has called on the “social conscience” of large businesses to encourage them to settle bills to small and medium-sized suppliers on time.

The UK’s deep regional divides are widening despite the government’s promises to level up the country, a think tank for the north of England has warned.

North-south divide ‘getting worse’ as levelling-up promises appear empty

The UK’s deep regional divides are widening despite the government’s promises to level up the country, a think tank for the north of England has warned.

Britons are consuming too much alcohol at home due to sessions lasting longer than pub visits, an expert has said

Millions drink too much alcohol after pandemic, warns expert

Britons are consuming too much alcohol at home due to sessions lasting longer than pub visits, an expert has said

The average house price has jumped by £852 in a month as estate agents experience their busiest start to a year yet, according to Rightmove.

House prices keep rising in busiest start to year

The average house price has jumped by £852 in a month as estate agents experience their busiest start to a year yet, according to Rightmove.

Rishi eat Out to Help Out

Treasury writes off £4.3bn in Covid payments lost to fraud

The Treasury expects to recover only £1 of every £4 stolen from the public purse by fraudsters during the pandemic, it has admitted for the first time.

Millions of families in England will be dragged into fuel poverty overnight when energy bills soar this April, research has found.

Rising energy bills ‘unaffordable’ for quarter of households

Millions of families in England will be dragged into fuel poverty overnight when energy bills soar this April, research has found.

  1. UK scientists are a step closer to finding planets like Earth
  2. Majority of UK professionals are unhappy with their current salary
  3. Risk for small business owners’ mental health as half still live in fear of future lockdowns
  4. Barclays urges late-paying large firms to settle up
  5. North-south divide ‘getting worse’ as levelling-up promises appear empty
  6. Millions drink too much alcohol after pandemic, warns expert
  7. House prices keep rising in busiest start to year
  8. Treasury writes off £4.3bn in Covid payments lost to fraud
  9. Rising energy bills ‘unaffordable’ for quarter of households

Latest News…

The UK’s deep regional divides are widening despite the government’s promises to level up the country, a think tank for the north of England has warned.

North-south divide ‘getting worse’ as levelling-up promises appear empty

The UK’s deep regional divides are widening despite the government’s promises to level up the country, a think tank for the north of England has warned.

Britons are consuming too much alcohol at home due to sessions lasting longer than pub visits, an expert has said

Millions drink too much alcohol after pandemic, warns expert

Britons are consuming too much alcohol at home due to sessions lasting longer than pub visits, an expert has said

The average house price has jumped by £852 in a month as estate agents experience their busiest start to a year yet, according to Rightmove.

House prices keep rising in busiest start to year

The average house price has jumped by £852 in a month as estate agents experience their busiest start to a year yet, according to Rightmove.

Rishi eat Out to Help Out

Treasury writes off £4.3bn in Covid payments lost to fraud

The Treasury expects to recover only £1 of every £4 stolen from the public purse by fraudsters during the pandemic, it has admitted for the first time.

Millions of families in England will be dragged into fuel poverty overnight when energy bills soar this April, research has found.

Rising energy bills ‘unaffordable’ for quarter of households

Millions of families in England will be dragged into fuel poverty overnight when energy bills soar this April, research has found.

An estimated 3 per cent of the workforce was signed off in late December and a fifth of businesses reported increased cancellations amid the surge in the Omicron coronavirus variant.

Covid absences hit high in December

An estimated 3 per cent of the workforce was signed off in late December and a fifth of businesses reported increased cancellations amid the surge in the Omicron coronavirus variant.

Facebook parent company Meta has been ordered by the UK competition watchdog to sell the gif creation website Giphy.

British Facebook users may be handed £50 each after landmark legal action

Mark Zuckerberg could be forced to pay most British Facebook users about £50 each if a landmark legal action alleging that the site abused its market position succeeds.

France has reopened its borders to British tourists after ministers in Paris eased restrictions on non-essential travel.

France ski resorts lifted by easing of travel curbs

France has reopened its borders to British tourists after ministers in Paris eased restrictions on non-essential travel.

People struck down with the Omicron variant of the coronavirus are buying so much paracetamol that supplies are running low in many shops.

Painkiller supplies run low on high street as Omicron patients drive up demand

People struck down with the Omicron variant of the coronavirus are buying so much paracetamol that supplies are running low in many shops.

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Business

A UK-backed mission which will search for Earth-like planets orbiting alien stars has been given the green light to continue with its development after passing a critical milestone review.

UK scientists are a step closer to finding planets like Earth

A UK-backed mission which will search for Earth-like planets orbiting alien stars has been given the green light to continue with its development after passing a critical milestone review.

According to a new survey a staggering 3 out of 5 UK professionals are unhappy with their current salary.

Majority of UK professionals are unhappy with their current salary

According to a new survey a staggering 3 out of 5 UK professionals are unhappy with their current salary.

3 in 5 UK professionals are unhappy with their current salary But latest data shows that some salaries are up by 65% in 2022 Hampshire, 17th January 2022 – According to the latest survey by the UK’s leading independent job board, CV-Library, a staggering 3 out of 5 (61.3%) UK professionals are unhappy with their current salary. The study, which surveyed 1,500 professionals, also went on to reveal that lawyers, teachers and new graduates were the most disappointed with their current pay packets. Despite so many workers being unhappy with their wage, the majority (54.6%) of respondents stated they had never tried to negotiate for a higher salary. When asked why they hadn’t negotiated for higher pay, 51.4% of professionals said they didn’t want to risk losing their job, 39.6% said they didn’t want to seem too pushy and 31.8% felt they didn’t know how to negotiate. It’s no surprise that the issue has been exasperated by the pandemic. In fact, more than a quarter (28.9%) of respondents said they had been less likely to negotiate their salary in 2021, than they were before the onset of COVID-19. However, the tide has changed and with record numbers of job postings, confidence amongst the UK workforce is much higher as we head in to 2022. This shift is already reflecting in the 2022 job market with average salaries on the rise in 16 sectors in January 2022 so far, compared to January 2021. The top 5 sectors with salary increases are: Hospitality/Hotel +65.8% Marketing +12% IT +11.6% Administration +10.3% Management +9.4% Lee Biggins, CEO and founder of CV-Library comments: “When the pandemic first struck, businesses held all the power and competition for top jobs was tougher than ever. However, in the last few months we have seen this power shift back in favour of candidates and the year-on-year salary increases we are seeing across many industries already in 2022, substantiates this. As such, candidates should feel able to negotiate on salary without fear of losing out on an exciting opportunity.” Biggins continues: “The key to negotiation is to be prepared. Be sure that you know what you’re worth and what you can bring to the business that will justify a higher salary. To successfully negotiate a salary increase, it’s vital that you take the time to think about what you want, and you check out the latest salaries on offer for your specific role. This will give you the supporting evidence that your expectations are realistic for the 2022 job market.”

Risk for small business owners’ mental health as half still live in fear of future lockdowns

A mental health crisis is looming among small business owners – with 82% reporting that their mental health has already declined due to the pandemic, as more challenges await the self-employed.

One of Britain’s biggest banks has called on the “social conscience” of large businesses to encourage them to settle bills to small and medium-sized suppliers on time.

Barclays urges late-paying large firms to settle up

One of Britain’s biggest banks has called on the “social conscience” of large businesses to encourage them to settle bills to small and medium-sized suppliers on time.

A third of IT leaders feel less stressed at work thanks to remote access technologies

A third of IT leaders feel less stressed at work thanks to remote access technologies

According to new research a third of IT leaders feel less stressed at work thanks to flexible technologies.

"Net Zero" is set to become the phrase of the day. It may even eclipse some of the Covid jargon that has become part of our lexicon over the last two years!

The route to net-zero: How reducing environmental impact and lowering IT costs go hand in hand

Recent months have seen the topic of sustainability shift into sharper focus. Speaking at the 26th UN Climate Change Conference (COP26), the UK Government announced that it was launching an international plan to deliver clean and affordable technology by 2030.

The creation of more than 900 apprentice and 750 graduate and undergraduate roles is the largest intake of early careers roles the company has offered in a single year.

BAE Systems set to recruit almost 1,700 apprentices and graduates across the UK

The creation of more than 900 apprentice and 750 graduate and undergraduate roles is the largest intake of early careers roles the company has offered in a single year.

Profiled…

Alex Ramamurthy

Getting To Know You: Alex Ramamurthy, CEO, Mirthy

Alex Ramamurthy tells Business Matters about why he co-founded retirement platform Mirthy and why you should ask for forgiveness, not for permission in business 

Alistair King. NOOD. Updated

Getting To Know You: Alistair King, Co-Founder, NOOD

We talk to Alistair King the co-founder of New Zealand pet food brand NOOD who have just launched their premium product range exclusively at Tesco.

Marketing & Social Media

google search engine

Fossil fuel firms among biggest spenders on Google ads that look like search results

social media potential

Tech giants crack down on adverts for financial scams

Advanced Influencer Marketing Tips

Newswire

tik tok

TikTok ousts Google to become favourite online destination

Business Matters
  • Customs Crunch – How this startup plans to take the friction out of brexit
  • EU stimulus package announced offers new confidence for investors
  • Struggling TSB set to close 100 branches and axe staff
  • FTSE 100 outperforms European counterparts as oil and tobacco stocks gain

Get Funded

Darren Westlake and Luke Lang - cofounders Crowdcube (6) (web)

Crowdcube faces financial watchdog probe over failed fast-food firm

Crowdfunding platform Crowdcube faces a slew of investigations from a financial watchdog after a group of investors say it failed to verify a company’s business plans resulting in them losing thousands of pounds.

The New York Times has agreed to buy subscription-based sports site the Athletic for $550m (£400m) in cash, as the 170-year-old newspaper adds more digital content to grab subscribers.

New York Times to buy subscription sports site the Athletic for $550m

The New York Times has agreed to buy subscription-based sports site the Athletic for $550m (£400m) in cash, as the 170-year-old newspaper adds more digital content to grab subscribers.

Gousto

Gousto delivers up £150M of new funding valuing meal delivery giant at $1.7BN

Gousto, the UK meal-box subscription service, has raised $100 million from SoftBank’s Vision Fund 2 and $50 million in new debt capital from HSBC and Barclays.

The former Formula One team owner Eddie Jordan is part of a consortium considering making a £3bn offer for Playtech, as the London-listed gambling software supplier becomes the focus of a potential bidding war.

Jordan set for pole position in race to take over Playtech

An Australian gambling group bidding for gambling technology company Playtech could lose pole position after a consortium involving the former Formula One tycoon Eddie Jordan was given more time to come up with a £3 billion counterbid.

Elizabeth Holmes, founder of Theranos, has been found guilty on four of 11 charges of fraud, concluding a high profile trial that captivated Silicon Valley and chronicled the missteps of the now-defunct blood testing startup.

Jury finds Theranos Elizabeth Holmes founder guilty on four fraud counts

Elizabeth Holmes, founder of Theranos, has been found guilty on four of 11 charges of fraud, concluding a high profile trial that captivated Silicon Valley and chronicled the missteps of the now-defunct blood testing startup.

Why you need a financial model – shape up for investment in 2022

From financial models to pitch decks, preparation is key for investment, be sure to read all of this, tick off the check list and be prepared

According to a survey SMEs are more likely to choose non-traditional ways of accessing capital such as crowdfunding or offering investment opportunities to employees, than traditional investment.

UK SMEs turning to crowdfunding to fuel growth out of the pandemic

According to a survey SMEs are more likely to choose non-traditional ways of accessing capital such as crowdfunding or offering investment opportunities to employees, than traditional investment.

From a humble garage to international backing, Space Forge plans to manufacture alloys, medicines and semiconductors in microgravity

UK space firm secures £7.6m to fund trial of factory satellites

From a humble garage to international backing, Space Forge plans to manufacture alloys, medicines and semiconductors in microgravity

Workfellow

Workfellow announces close of Series A funding round of $3.12 million

Workfellow, the software product company with the first plug-and-play tool that provides a holistic view of the impact of digital transformation on team work, has announced that it has raised $3.12 million in its Series A funding round.

Previous Next

Legal

New research has revealed that Data Subject Access Requests (DSARs) are costing individual UK businesses between £72,000 - £336,000 each year.

Data requests cost individual UK businesses up to £336,000 per year

New research has revealed that Data Subject Access Requests (DSARs) are costing individual UK businesses between £72,000 – £336,000 each year.

Privacy

Compensation and the ‘law of everything’: why data protection isn’t the new PPI

Data protection is seldom out of the headlines these days. Whether its massive data breaches involving multinational companies, members of the royal family suing national newspapers.

A consultation on the Government’s proposals to give all employees the right to request flexible working from day one has been launched.

Flexible working requests: what do the proposed changes mean for employers?

A consultation on the Government’s proposals to give all employees the right to request flexible working from day one has been launched.

Ring doorbell

Could your smart doorbell cost you more than you think? The GDPR at your home

This week, a judge at Oxford County Court handed down what is believed to be the first judgment of its kind in the UK relating to the use of the ‘Ring’ doorbell, a popular smart doorbell system that is sold by Amazon.

Milka

Mondelez threatens trademark battle over bar’s lilac packaging

A multinational confectionery company has threatened legal action against a London vegan snack maker over the colour of one of its fruit bars.

Office workers

Ministers to give workers immediate right to request flexible working

Employees of all companies will be able to request flexible working arrangements when they start new jobs under proposals to be published by ministers.

remote working

Could the Employment Bill pose a risk to businesses?

With the Employment Bill back in the limelight, Amanda Badley, head of employment at BHW Solicitors urges employers to find a synergy between business need vs business want.

Returning to work

Back to work this month? Employers’ risks and responsibilities

Natasha Forman and Francesca Lopez are Senior Associates in the Employment Team at Kingsley Napley LLP offer five key areas employers need to consider about a hybrid working policy:

SDLT

Stamp duty land tax: claiming multiple dwellings relief before physical works begin

A tribunal case decision released in July 2021 held that multiple dwellings relief was not available in two lead appeals where developers had bought sites for new homes.

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Made in Britain

The Personal Barber

Made in Britain: Shaving subscription box, The Personal Barber

Bradley St John Jones talks to us about his company, The Personal Barber, a shaving subscription box service.

Capdesk founder

Made in Britain: Equity management firm, Capdesk

Christian Gabriel, founder of equity management company Capdesk, discusses the journey of his company and his secrets to success.

Rest Less

Made in Britain: Digital community platform, Rest Less

We sat down with Sara, CTO of digital community platform Rest Less, to learn about her experience of building a business from scratch.  

No Guilt Bakes

Made in Britain: Online bakery brand, No Guilt Bakes

Maya Harruna and Taeya Abdel-Majeed explain the journey behind their guilt-free online bakery brand, No Guilt Bakes. 

Previous Next

Opinion

Wholesale energy prices hit the second highest level in at least three years on Monday, adding pressure on suppliers struggling to secure electricity and gas at competitive rates.

Lowering VAT on fuel bills won’t work for the poorest

3 Key tech priorities for financial services business leaders in 2022

Why building energy monitoring remains pivotal in 2022 and beyond

Technology

Facebook parent company Meta has been ordered by the UK competition watchdog to sell the gif creation website Giphy.

British Facebook users may be handed £50 each after landmark legal action

Millions of Brits who use online banking services are exposed to some worrying fraud risks, industry experts warned today.

Millions of HSBC, NatWest, Monzo, Santander and Starling customers exposed to app security flaw

A third of IT leaders feel less stressed at work thanks to remote access technologies

A third of IT leaders feel less stressed at work thanks to remote access technologies

Business

The future of managed services

The shifting requirements of today’s increasingly tech-savvy workforce, coupled with the rapid digitalisation of traditional working practices, mean that businesses are having to adapt quickly to meet changing workload demands.

Business Champion Awards

Business Champion Presentations

Get over your fear and be confident making business presentations

Presentations giving you palpitations? Don’t let fear hold your business back from being rewarded for its success.

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