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Abrdn Plc
Abrdn cuts employee benefits in latest round of cost reductions
...UK asset manager Abrdn has slashed employee benefits as part of a fresh round of cost cuts, halving redundancy payouts and reducing the length of paid parental leave by about a third....
December 15, 2023
Brexit
Labour denies it has plans for UK to rejoin EU customs union
...“They would need to make an early and clear move with Europe after the election, but also make an argument to the UK electorate about the benefits such an arrangement would carry for UK trade and investment...
April 8, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Ian Smith
Nationwide deal shows UK mutuals are back on the front foot
...On jobs, Nationwide went so far as to say that it “does not intend to make any material changes to the size of the Virgin Money employee base in the near term”....
March 18, 2024
News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...TikTok has said that it takes employee concerns “very seriously” and has a strong record of “championing diversity and inclusion”....
April 9, 2024
InterviewBoeing Co
Boeing’s largest union seeks seat on plane maker’s board
...An employee stock ownership plan at United Airlines in the 1990s also awarded board seats to unions....
March 25, 2024
Abrdn Plc
Abrdn looks to scale back Bloomberg terminal access in cost-cutting drive
...Abrdn has also moved to slash employee benefits, halving redundancy payouts and reducing the length of paid parental leave by about a third, and closed, restructured or merged more than 100 of the group’...
February 9, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Artificial intelligence
Tesla chair Denholm joins Australian AI healthcare start-up
...Tran said its AI was already used by one in three radiologists in Australia, and the company has plans to become a global player....
July 19, 2023
Uber Technologies Inc
Uber warns of threat to drivers under EU gig work plan
...falling short of full employee status....
September 20, 2023
Budget 2024: As it happened
What do UK businesses want from the Budget?
...Employers’ association the CBI has proposed that employee assistance programmes, such as health insurance, be made a fully tax-free benefit, while the CBI and British Chambers of Commerce are calling for...
March 6, 2024
Disrupted Times
Global markets in record-breaking start to year
...plans to save $3tn through higher taxes over 10 years....
March 11, 2024
Inside BusinessKana Inagaki
Dai-ichi Life’s unsolicited bid marks milestone for Japan M&A
...The Sony-backed group plans to keep Benefit One listed and it has already agreed to buy Pasona’s stake in the subsidiary....
December 13, 2023
UK trade
UK politicians need to get over Brexit and prioritise trade, say businesses
...They must set out a strategy on how we manage EU regulation and — where it makes sense — to diverge so British business can benefit,” she added....
March 26, 2024
Markets InsightToby Nangle
Public service pensions are the elephant in the room
...Today schemes like the Ontario Teachers’ Pension Plan rank among the largest and most sophisticated institutional investors in the world....
February 23, 2024
Pensions
Teenagers to benefit from workplace pension age changes
...Employers are currently obliged to enrol workers automatically into a workplace pension plan, and make contributions to it on their behalf, only if the employee is aged 22 or older, and meets earnings’ criteria...
September 19, 2023
UK Budget 2024
Hunt lines up personal tax cuts for Budget
...A national insurance cut is seen as a more pro-economic growth measure as it would only benefit workers....
March 3, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
News in-depthUK Budget 2024
Hunt urged not to put ‘politics ahead of economics’ as he eyes Labour policies
...A 1p cut in NI employee contributions would cost about £5bn and a 1p cut in income tax would cost £7bn....
February 29, 2024
UK business
Insolvency Service fires 3 staff after probe into data sharing with private sector
...The Insolvency Service declined to comment on whether the three people dismissed had received any payments or other benefits in exchange for information....
February 8, 2024
UK Budget 2024
Hunt unveils £10bn national insurance cut in pre-election Budget
...His allies said Labour was looking at how to fill a hole in the opposition’s fiscal plans created by Hunt adopting some of its policies....
March 6, 2024
News in-depthTechnology sector
Grindr seeks growth reset by moving beyond its hookup app roots
...benefits after it went public....
March 5, 2024
Britain after Brexit
A ghost of Brexit past returns to haunt Labour Premium content
...“The exclusive benefit for UK exporters to the EU would be the removal of rules of origin requirements,” he said....
April 11, 2024
The FT ViewCompanies
Employee share ownership is a perk worth expanding
...Republican and Democratic lawmakers joined forces last year to introduce a bill designed to widen the use of employee share ownership plans....
August 9, 2023
HTSIHow To Give It 2023
How to bake a difference
...“Baking doesn’t always go to plan,” says managing director Leila Siassi Faiz....
December 4, 2023
Special ReportFuture of AI
Financial services counting on AI for a productivity boost
...Data from Nash Squared, owners of Harvey Nash, reveals that a majority of companies plan to use the technology....
March 26, 2024
UK politics
Sunak faces prospect of fresh by-election after Tory MP suspended
...EU, unveiling a “new approach” to net zero and signing a Trans-Pacific trade deal....
October 25, 2023
Nationwide Building Society
Nationwide agrees to buy Virgin Money for £2.9bn
...The building society said it did not plan to “make any material changes to the size of the Virgin Money employee base in the near term”. Virgin Money employs about 7,300 people....
March 7, 2024

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