Autumn Statement 2014

2014

Autumn Statement 2014

This was the final Autumn Statement of the current Parliament ahead of the election in May 2015. Delivered with passion, George Osborne hailed the UK as having “the fastest growing major advanced economy in the world”. He announced that the “long-term economic plan was working” because “against a difficult global background, I can announce a deficit that is half of what we inherited.”

Taskforce bid to limit impact of holiday pay ruling

Business Secretary Vince Cable has set up a taskforce to assess the potential impact of an employment appeal tribunal ruling on overtime and holiday pay. The taskforce is made up of representatives from government departments and business groups, including the Confederation of British Industry, British Chambers of Commerce and the Federation of Small Businesses. Dr …

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Small employers ‘lack confidence on pension issues’

Less than a quarter of small and micro employers feel confident about dealing with pension issues and many expect to turn to accountants for help. The findings come from research carried out by NEST (National Employment Savings Trust), a pension scheme that any employer can use to meet their new automatic enrolment duties. The research, …

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Auto-enrolment staging date awareness still low in smallest firms

New research has found that fewer than half of the smallest employers know their staging date – the date when they must start auto-enrolling eligible workers into a qualifying workplace pension scheme. A survey by the Association of Consulting Actuaries (ACA) found that only 46 per cent of employers with nine or fewer employees have …

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