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Also in the news this week – 29 April 2016

New initiative to support home businesses

With over half of all businesses in the UK operating from home, Vonage has launched Home Business 100, a new initiative to champion the home business sector and provide a hub where entrepreneurs can share advice, insight and best practice. Businesses are being invited to apply to join the new community; it offers marketing and networking opportunities as well as an online platform for entrepreneurs to have their say on issues such as raising finance, product marketing and dealing with red tape.

Date for the diary: The Business Show

The UK’s biggest business event is just around the corner. The Business Show 2016 takes place on 11 and 12 May at London ExCel and offers a wide range of networking opportunities and masterclasses. Keynote speakers include former Dragon Hilary Devey and motivational speaker Brad Burton. The Business Show is also home to specialist events such as Business Start-Up, Sales Innovation Expo, Going Global and B2B Expo Marketing. Free tickets can be booked online.

New ruling on holiday pay reopens debate

A judge has ruled that regular voluntary overtime should be considered “normal” when calculating holiday pay. It means that employees who regularly work voluntary overtime beyond their contracted hours could be eligible for holiday pay on that overtime. It will “add another level of confusion” in the ongoing holiday pay debate, according to HR body the CIPD. This is one of the first cases in England where voluntary overtime has been included in holiday pay calculations. However questions remain about how much voluntary overtime could be deemed as sufficiently regular.

Retail results disappoint as BCC warns of slowdown

Retail sales volumes in March 2016 were down 1.3% on the month according to the latest analysis by the Office for National Statistics (ONS). In addition, average store prices fell by 3% in March 2016, compared with March 2015. David Kern, chief economist of the British Chambers of Commerce (BCC), said: “The fact that store prices declined further in March confirms our assessment that overall inflationary pressures in the economy are still muted, and strengthens the argument for the MPC to persevere with the current low level of interest rates for the time being to support the fragile recovery.”


Source: Marketing News