Mental ill health ‘costs 91m lost work days’

Employment relations specialist Acas has launched a new guide to tackle what it describes as the last taboo in business – mental illness at work.

According to the Centre for Mental Health charity, a total of 91 million work days are lost to mental ill health every year although the lost days account for only half the £30 billion annual cost of reduced productivity. The remainder are due to employees coming to work when unwell and not performing at their best. Read more…

Businesses urged to step up IT security

A new survey says that IT security breaches are costing the UK economy billions of pounds a year.

A total of 447 businesses were quizzed for the 2012 Information Security Breaches Survey (ISBS), carried out by PwC in conjunction with Infosecurity Europe and supported by the Department for Business, Innovation and Skills. Key findings of the survey, released on 24 April, included: Read more…

R&D tax credit consultation launched

The government has launched a consultation on the new above the line (ATL) research and development (R&D) tax credit for larger companies, to help shape the way it should work when it is introduced in April 2013. The new credit was originally announced by the government in the autumn of 2011 and flagged up by Chancellor George Osborne in his 21 March Budget. Launching the Read more…