A recession is a prolonged and pervasive reduction in economic activity. Generally speaking, multiple successive quarters of negative growth in gross domestic product constitute a recession. A recession can last for several months or longer, and recovering to the nation’s previous economic peak can take years, even after a recession ends. Because a recession typically […]
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NEWS BRIEF Provided by: RS Risk Solutions Ltd “Tough Road Ahead” as Interest Rates Increase Again During a Monetary Policy Committee (MPC) meeting on 2nd November, the Bank of England (BoE) raised interest rates for an eighth consecutive time in a bid to curb inflation. The MPC voted in a majority of 7-2 to increase
Car fuel prices in the UK are at a record high, making this the time to prioritise fuel-efficient driving. Consider our six tips to make a tank of fuel go further:
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Rising inflation and soaring energy prices have created a volatile economic climate that could take a further downward turn. According to the Bank of England’s predictions, the UK economy may be pushed into a five-quarter recession from the end of 2022.
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Health and well-being tips for your work, home and life brought to you by the insurance professionals at RS Risk Solutions Ltd HOW TO COPE WITH HIGH INFLATION RATES Inflation rates in the UK have reached a 30-year high and led to a drastic increase in the cost of living, causing many regular and necessary
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Supporting Staff Through the Cost-of-Living Crisis The UK’s cost-of-living increase has hit the country hard, with inflation levels at a 30-year high. Consumers are paying more for essentials such as food, clothing and transport, leaving less money for recreational activities. Additionally, April’s energy price cap review will see electricity and gas bills increase for most.
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The rising cost of raw materials is causing problems for SMEs, however, there are steps they can take to mitigate these challenges For Britain’s battling businesses, there are few ‘rawer’ nerves than the rocketing cost of raw materials. A rapid succession of major disruptive phenomena – Brexit, Covid, energy inflation, geopolitical conflict – has dislocated
The Rising Cost of Raw Materials is Causing Problems for Businesses Read More »
It’s important for employers to learn the facts about the COVID-19 vaccines so they can better protect their employees and customers. This article provides an overview of the COVID-19 vaccines and answers some common questions relevant to employers. Information comes primarily from the National Health Service (NHS).
Employer Overview of the COVID-19 Vaccines Read More »
Working remotely doesn’t always come naturally to employees, especially among those who are used to the accountability of in-person workplaces. Remote work requires focus and restraint amid the countless distractions present in the home, and it lacks the socialisation capabilities that come with physically going into the workplace. This article provides four tips for supporting
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Employers can be held liable for many different types of accidents or issues. In addition to the physical and emotional harm that an incident can cause for an employee and their colleagues, an employers’ liability claim can also result in devastating financial and reputational damage. Fortunately, an employers’ liability insurance policy can provide much-needed relief.
Examples of Employment Liability Claims Infographic Read More »
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