July 2020

No formal inquiry into huge hikes in overdraft fees

Banks will not face an enquiry from the UK’s financial watchdog into their controversial decision to hike overdraft fees by as much as 40%. The Financial Conduct Authority (FCA) said it would undertake a full evaluation of lenders’ pricing structures in 2021. In January, the FCA challenged the banks to explain the changes to their overdraft rates that would leave

Read more

Read more

Flexible furlough scheme now up and running

UK businesses are now able to bring furloughed staff back to work part time as part of the government’s plan to kickstart the economy. The Coronavirus Job Retention Scheme (CJRS) has helped protect more than 9.3 million jobs through the pandemic, with employers claiming more than £25.5 billion to support wages. The change to the rules came into force on

Read more

Read more

Almost half of UK firms anticipate more job losses

Some 42% of UK companies say they will be forced to lay off staff because of the Covid-19 pandemic. A YouGov survey found that more than two-fifths expect they will have fewer employees in a year’s time compared with pre-lockdown numbers. Just 16% of companies surveyed expect to employ more people in a year’s time than before lockdown. Sectors most

Read more

Read more

Chancellors Summer Statement

Wow – well hats off to the Chancellor this week with his much-anticipated Summer Statement. Although I feel that the government has, at times, been clumsy in the way they have handled the Covid-19 crises they must be given credit for their commitment in their efforts to try and mobilise the economy. The Chancellor revealed a whole host of new

Read more

Read more

Pivoting your business

 Download the PDF to go with this video Transcript from the video Pivoting a company’s business model is not new but recently it seems to have become one of those new buzz words as business owners figure out how to respond to the Covid-19 crises.  Many companies are having to shift their business models quickly in order to survive.

Read more

Read more

Payroll Professional of the year 2020 – Claire Kennedy

Episode 7 of the IAB Podcast we interview Claire Kennedy, winner of the IAB Payroll Professional of the year award. In this episode, we ask Claire:- What’s your story? What does winning the award mean to you and your work? What are the benefits for you? Would you recommend others enter for an award? How can people find out more

Read more

Read more

Tutor of the year 2020 – Lynne O’Brien

Episode 6 of the IAB Podcast we interview Lynne O’Brien, winner of the IAB Tutor of the year award. In this episode, we ask Lynne:- • What’s your story? • How did you start as a tutor? • What does winning the IAB tutor of the year award mean to you? • What are the benefits for you? • Would

Read more

Read more

Friday Roundup 3rd July 2020

The news from the week ending 3rd July 2020 Janet Jack – CEO Sarah Palmer – COO Simon Jordan – Marketing Kerry Wale – The Payroll & Furlough Queen Below are the notes from the podcast https://www.iab.org.uk/ On this week’s Friday Roundup we have… Janet Reference to the success and ongoing popularity of the coffee mornings, a large number of

Read more

Read more

Creating an effective positioning strategy

 Download the PDF to go with this video Transcript from the video Today I’d like to talk about creating an effective positioning strategy. Right now, when we find ourselves in times of great uncertainty, the most important thing to do is to really understand what your business does and what problems it solves. This might sound obvious but, as

Read more

Read more