Business News

A recent survey carried out by company formation agent, 1st Formations revealed that 41% of Brits feel they’re underpaid for the work they do. Yet just 24% plan on asking for a pay rise in the next 12 months. 

The survey, conducted using the market research company YouGov, asked 2,104 UK adults about their attitudes towards their current pay, company’s leadership and performance at work. 

A major new study has revealed that millions of Brits are paying for phones they already own because they don’t fully understand their mobile bills.

More than 9 in 10 (93%) Brits are unaware they could be charged for mobile phones they’ve already paid for through their mobile contracts. Less than half of people (48%) are completely clear when their contract ends, yet without this information, millions of customers tied into classic contracts with EE, Three and Vodafone are at risk of overpaying for smartphones they already own.

The launch of its new state-of-the-art Biomedical Research Institute (BMRI) places Stellenbosch University (SU) at the forefront of biomedical sciences on the African continent.

The BMRI is a world-class biomedical research complex on par with the best in the world and is unparalleled, not only on the African continent, but the entire southern hemisphere, in terms of its cutting-edge facilities and extensive research capacity.

The chief executive of Women in Football, Yvonne Harrison, has been confirmed as the latest big-name speaker for the DIB inaugural ‘Business of Sport’ conference, which will take place on Thursday 7th September, at the Emirates Stadium, Lancashire Cricket Club, Manchester.

Yvonne became the CEO of Women in Football in 2021. The appointment followed her 20-year career in sport, much of which was within the grassroots sports and charitable sector. Yvonne has also established her own sports consultancy, Stryve, and previously she was the Managing Director of Project ’92, working with the ‘Class of ‘92’, and chief executive of GreaterSport Manchester.

Through a journey filled with various professional experiences and amassed capabilities, Caribbean-American digital marketing expert and entrepreneur, Bridgette Daley is making major impact in the global digital revolution. She is currently on a mission to use her mastery of this field to benefit small and medium sized enterprises and organizations in her native Jamaica and the wider Caribbean region.

June 19-23 sees the launch of National Women's Enterprise Week (NWEW), the first ever UK wide celebration of female led businesses.

The brainchild of entrepreneur Alison Cork MBE (also founder of not for profit Make It Your Business www.makeityourbusiness.co.uk), NWEW aims to support and encourage female enterprise with a whole week of activities for both the general public and female entrepreneurial community.

The regeneration of Perry Barr in Birmingham took another step forwards today as it was confirmed that construction is now complete on the first phase of the Perry Barr Residential Scheme. Almost 1,000 much-needed new homes are now available for rent or sale on a former university campus in the north of the city.

Completion of the new homes was announced at the same time that Lendlease, the principal contractor for the scheme on behalf of Birmingham City Council, revealed the project has beaten a number of targets it was set in order to help support the local economy and bring wider community benefits.

Circles, the leading global digital telco and consumer company, won two prestigious awards from the Asian Telecom Awards 2023. The award recognises the remarkable achievements and initiatives of Asia's leading telco companies.

The Travel Product of the Year was awarded to Circles' digital telco, Circles Life Singapore's travel lifestyle app, Jetpac. Launched in 2022 to provide greater convenience and experience to post-COVID travellers, Jetpac promises travel freedom for all with its fuss-free e-sim activation, unbeatable global roaming rates and travel perks. Within 4 months of launch, Jetpac achieved more than 10x growth in sign-ups, of which, more than 50% were new customers.

Airbus have signed a Memorandum of Understanding for the purchase of 13 Airbus A321XLR aircraft with purchase rights for additional 12 aircraft. The aircraft deliveries will start in 2029.

Icelandair, however, plans to start operating Airbus aircraft in 2025 and is currently in advanced stage of negotiations in relation to four leased Airbus A321LR for that purpose.

The UK government is considering a proposal that would require landlords to make their properties more energy efficient over the next few years. They say the changes will be "fair and proportionate".

By law, all homes that are sold or rented must have an Energy Performance Certificate (EPC), which measures, among other things, how well a property is insulated and heated. Homes are given a grade between A and G.

A derelict piece of land in Blakenall is being transformed into affordable housing thanks to a new partnership between GreenSquareAccord and a local developer. Keon Homes, which was formed four years ago by Richard Williams, Warren Bolton and Noel Sweeney in 2019, will build the £5.3m Canalside Close scheme that will give people access to a 33-strong mix of one, two-bed apartments and two and three-bed houses.

As UK employers look to plug a chronic nationwide skills gap which is holding back growth, thousands of over-50s are being encouraged to ‘un-retire’ and go back to work.

According to government figures, an estimated 630,000 people have left Britain’s jobs market since 2019, with many aged 50+ choosing not to return to the workplace after the Covid pandemic.

A2MAC1 have announced the opening of its first subsidiary in Istanbul (Turkey), a strategic location for the future growth of A2MAC1.

For more than 20 years, A2MAC1 has been supporting the continued success of the Turkish economy as a valued partner to the Turkish automotive ecosystem. Social responsibility is deeply embedded in the mission of A2MAC1: it is also committed to helping the Turkish earthquake victims and hence will donate up to 20% of the growth it generates in Turkey in 2023 to a charity fund.

Almost three quarters of professionals (71%) have stated that they are open to returning to their pre-Covid employer – with half admitting that the reasons as to why they left are no longer applicable in today’s market. 

According to a recent poll from recruiter Robert Walters (of 3,000 professionals), 45% of workers who had left their job after lockdown did so for better pay - with a further 35% leaving for a better workplace culture or more purpose/fulfilment in their role.

Company secretarial (CoSec) business Bruce Wallace Associates is joining West Midlands full-service law firm Shakespeare Martineau as part of a shared growth strategy. The union will see Bruce Wallace Associates’ team of five, including its two directors Susan Wallace and Martha Bruce, take on the Shakespeare Martineau brand – bringing the team to more than 13.

The CoSec team at Shakespeare Martineau provides specialist corporate governance advice and company secretarial services to public companies listed on AIM, AQSE and the main market as well as several large private groups.

It must have taken a real lesson in soul- searching for mainstream commercial institutions such as Lloyds Bank, Barclays Bank and other corporate entities, to publicly apologise for building their empire on the abominable slave trade (system) that destroyed millions of lives and left generations of African people scarred; culturally, psychologically and socially.