Graduate employment has slipped back to pre-Covid levels as a weakening economy depresses hiring and unwinds the temporary post-pandemic surge in opportunities, according to new research from Prospects at Jisc. The annual What do graduates do? report, published on 25 November, shows a sharp deterioration in outcomes for the 2023 graduating cohort, who entered the labour market during a period of slowing demand and were surveyed in autumn 2024 as conditions worsened further. Just 56.4%...
New research findings reveal that 34% of people living with diabetes do not feel supported in the workplace, highlighting a persistent gap between corporate well-being policies and the lived experience of employees managing the condition. The survey shows that many workers still feel isolated when trying to balance blood glucose monitoring, medication, diet management and the daily demands of their job. Respondents said that open conversations about health and well-being remain rare, and that employers...
One of the UK’s fastest-growing tech companies has announced the relocation of its headquarters to Bournemouth, as cloud accounting scale-up iplicit positions itself to become the South Coast’s next billion-dollar “unicorn”. The company — which provides a next-generation cloud accounting platform for mid-market businesses and charities — will base its frontline support team at Patch Bournemouth, reinforcing the town’s reputation as an emerging tech hub. iplicit previously operated from London and Poole under a remote-first...
Capital Business Media Group, the privately owned international media company behind the UK’s largest SME title Business Matters, today announces it has renewed its commitment to the Carbon Neutral programme for another two years, extending a sustainability accreditation the company has proudly held for over a decade. This renewed certification underscores Capital Business Media Group’s long-standing pledge to operate responsibly across its global footprint and continue embedding sustainable business practices into every level of its...
The government must overhaul its “damaging” Employment Rights Bill or risk choking off growth, the head of Britain’s biggest business lobby group will warn on Monday — just two days before Rachel Reeves delivers her second Budget. Rain Newton-Smith, chief executive of the CBI, will use the group’s annual conference in London to caution that ministers have failed to listen to employer concerns about the bill, which includes tougher unfair dismissal rights and guaranteed working...
When Britain’s adopted steel king Lakshmi Mittal, gala-favourite philanthropist and one of the country’s most visible billionaire residents, quietly announced he was shifting his tax residency to Switzerland, it barely caused a ripple in Westminster. Another wealthy non-dom heading for more forgiving fiscal pastures, shrugged the commentariat. But for anyone paying attention to Britain’s charitable sector, Mittal’s departure is more than a footnote in a tax-policy debate. It is a red flag. A warning. A...
Secretary of State Marco Rubio said Sunday that discussions over ending the war in Ukraine have entered a productive phase, while claiming ‘a tremendous amount of progress’ had been made. Following a round of talks with a Ukrainian delegation in Geneva, Switzerland, Rubio told reporters negotiators had ‘a very good day today.’ ‘We had a very good day today. I think we made a tremendous amount of progress, even from the last time I spoke to...
Lakshmi Mittal, the steel magnate who dominated The Sunday Times Rich List for more than a decade, has left the UK after nearly 30 years, becoming the latest billionaire to relocate following Labour’s tax reforms. The ArcelorMittal founder, once the UK’s wealthiest resident and still worth £15.4 billion, has moved his tax residency to Switzerland and plans to spend much of his time in Dubai, where he already owns a mansion and is now developing...
Baboo Gelato, the award-winning artisan ice cream brand founded on the Dorset coast, has launched a £300,000 crowdfunding campaign as it prepares to scale from a regional favourite to a national name. The business, known for its small-batch gelato, fruit sorbets and its hugely popular dog-friendly frozen treat Doggy Doggy Yum Yum, has opened its campaign on Crowdcube. The raise will remain live for three weeks, with investments starting from just £10. Founder Annie Hanbury,...
Immigrant founders are the driving force behind Britain’s most dynamic young companies, according to new research showing that more than half of the UK’s fastest-growing start-ups were founded by entrepreneurs born overseas. The study by The Entrepreneurs Network analysed 100 early-stage companies that saw the sharpest rise in their valuations in the year to May, based on investment rounds disclosed to Companies House, and found that 54% of founders were foreign-born, up from 39% in...
