The Bank of England’s latest interest rate hike to 1.25% in June might not take us anywhere near the terrifying heights of 17% seen back in 1979, but for many it may turn out to be the final financial straw. Compounded as it is by a cost of living crisis where inflation has already hit a 40-year high of 9.1% and is expected to go into double figures later this year, the economic situation is grim…
Continue reading What can unincorporated businesses do when struggling with debt?
Tag: Restructuring
Are you aware of the risks surrounding promotions and demotions?
Promotions in the workplace should be positive. They create new and exciting opportunities for employees and the businesses that they work for.
They are however, like all aspects of people management, subject to complications. Are you aware of the risks involved when promoting an employee?
Continue reading Are you aware of the risks surrounding promotions and demotions?