In an epoch where the global pandemic has thrust upon us a new order, the UK has found itself at the crux of a monumental shift in the tapestry of work. The grand experiment of remote working has not just succeeded but flourished, igniting a transformative wave across the urban economic and business terrains of the nation.
In times of economic uncertainty or because of operational challenges, you may find your business is facing tough decisions, including the possibility of redundancies. While such situations can be daunting and emotionally challenging, careful consideration and planning can help reduce the impact on both employees and the business as a whole.
The Office of National Statistics released official figures last week showing the UK is now officially in recession.Gross domestic product (GDP) for the October to December 2023 quarter dropped by 0.3%. This followed a fall in the July to September 2023 quarter of 0.1%. A fall in GDP in two or more consecutive quarters constitutes a recession.Experts will generally assess the health of an economy on a number of factors, rather than solely look at the headline GDP rates. However, the “recession” word quickly takes hold in news headlines and brings apprehension and uncertainty with it.
In an era marked by heightened environmental awareness, businesses across the United Kingdom are facing a dual imperative: to meet the growing consumer demand for sustainability and to comply with an increasingly stringent regulatory framework.
As the United Kingdom continues to navigate the complexities of its post-Brexit reality, the landscape of trade with the European Union and beyond undergoes significant transformation.