Despite recording the lost number in 23 years, absenteeism continues to be a problem for British firms, costing the economy some £2.5bn per year, according to CBI research. Bosses are warned to expect a spike in workers pulling sickies during the World Cup, which starts on Friday. We looked at this problem last week – don’t forget to check our recommendations.
Daily Telegraph – Sick days decline because workers’ fear of job cuts during recession Financial Times – Plan for World Cup absentees, employers told The Independent – Number of staff “throwing sickies” from work falls to a 23-year-low The British Retail Consortium is warning the government that any hike in VAT would have “negative impacts on retailing and the wider economy”, and that VAT should not be extended to excepted items (such as food, books and children’s clothing) as this would “hit the most vulnerable members of society the hardest”. The Independent – Retailers argue against rise or extension of VAT
A new report reveals that the UK’s best hope for healthy economic growth lies in boosting its high-technology capabilities and innovation, rather than pursuing a broad-based manufacturing renaissance. The report, by the National Endowment for Science, Technology and the Arts (Nesta), suggests the government ought to pay special attention to the small minority of high-growth entrepreneurial businesses that generate the bulk of jobs. The Guardian – Innovation will get the economy moving Financial Times – High-technology and innovation offer best route to growth The Independent – Support urged for high-tech firms
Share this story