Author Archives for Kirkwood Consulting

More than 1,400 UK restaurants close as casual dining crunch bites says the Guardian

September 17, 2019 1:54 pm Published by Comments Off on More than 1,400 UK restaurants close as casual dining crunch bites says the Guardian

Insolvencies in year to the end of June 2019 increased by 25% – the highest since at least 2014. More than 1,400 UK restaurants collapsed in the year since June 2018 – underlining the scale of the so-called “casual dining crunch”, which has led to customers turning their backs on chains such as Byron, Strada, Gourmet Burger Kitchen and Jamie Oliver’s restaurant empire. The number of restaurants falling into insolvency in the year to the end of June 2019 increased by 25% to 1,412 compared to 2018, according to research by the accountancy firm UHY Hacker Young. It is the highest number of insolvencies since at least 2014 and is said to reflect tightened consumer spending on the back of... View Article


Chinese ethnic group biggest earners in the UK

July 9, 2019 11:16 pm Published by Comments Off on Chinese ethnic group biggest earners in the UK

Chinese and Indian ethnic group workers have higher average earnings than their white British counterparts, the first detailed official figures show. But the data on the ethnicity pay gap, showed all other ethnic groups have lower wages than white British workers. The Office for National Statistics said employees in the Bangladeshi ethnic group have the largest pay gap, earning 20% less than white British employees. On average, ethnic minorities earn 3.8% less than white ethnic groups. The categories are the official ones used by ONS. In 2018, employees from the Chinese ethnic group earned 30.9% more than white British employees. Hugh Stickland, senior ONS analyst, said: “Overall, employees from certain ethnic groups such as Indian and Chinese, have higher average... View Article


Sharp fall in foreign investment in UK

June 27, 2019 1:44 am Published by Comments Off on Sharp fall in foreign investment in UK

New figures from the Department for International Trade show that investment in the UK by overseas firms has declined sharply in recent years. The number of new projects in the UK fell 14% in 2018-19. At the same time, there was a 24% fall in the number of jobs created. In the previous financial year, 75,968 new jobs were created. But in the financial year just ended, that number fell to 57,625, the lowest level for seven years. There was an even sharper drop in the number of existing jobs which have been secured by further investment in the UK. It would, however, be very difficult to realise that foreign direct investment in the UK was declining from the Department... View Article


House of Commons launches programme to find next generation of BAME leaders

June 14, 2019 6:08 pm Published by Comments Off on House of Commons launches programme to find next generation of BAME leaders

The House of Commons has committed to increasing the representation of BAME (Black, Asian and Ethnic-Minority) people within its workforce and in Parliament more widely. Through a comprehensive Diversity and Inclusion Strategy it aims to tackle under-representation at senior levels in the House of Commons by 2022. As part of the strategy, it has committed to back the Pathway to Success Leadership and Development programme pilot, a ground-breaking new initiative working to equip BAME individuals with the tools and knowledge required to stand for political office. Participants will be selected based on their proven leadership skills and will undertake a week of intensive coaching to build their confidence and familiarity with political settings. The programme aims to send out the... View Article


Labour Market Information

June 15, 2016 2:27 pm Published by Comments Off on Labour Market Information

Unemployment is 1,671,000, down 22,000 from last month’s published figure (quarterly headline down 20,000) and the unemployment rate is 5%, down 0.1 percentage points on last month and down 0.1 percentage points on last quarter. The number of claimant unemployed is 746,100, down 400 on last month, and the claimant rate is 2.2%. The number of workless young people (not in employment, full-time education or training) is 1,030,000, down 6,000 on the quarter, representing 14.3% of the youth population (no change on last quarter. Youth unemployment (including students) is 621,000, down 11,000 on the quarter. There are 2.2 unemployed people per vacancy. The employment rate is 74.2% (no change on last month’s published figure and up 0.1 percentage points in... View Article


Why All Businesses Should Support Diversity

June 5, 2016 2:10 am Published by Comments Off on Why All Businesses Should Support Diversity

By Stuart Dee In my role, I’m often asked why inclusion is so important and my answer is always the same: the success of any business depends on it. You wouldn’t be blamed for having a certain amount of cynicism about what motivates big corporations or financial institutions to demonstrate their commitment to diversity and inclusion but at RBS we have a sincerely-held belief that by putting the needs of our customers and colleagues at the heart of everything we do, we can create a bank where, as well as delivering high-quality service, everyone feels valued. It is something all leading businesses should do. The theory is simple, but putting it into practice and bringing about real cultural change takes... View Article


Big Lottery Fund awards £48.5m to 63 projects for women and girls

May 30, 2016 11:35 pm Published by Comments Off on Big Lottery Fund awards £48.5m to 63 projects for women and girls

Big Lottery Fund awards £48.5m to 63 projects for women and girls by Susannah Birkwood The biggest grant has gone to the domestic violence charity Women’s Aid Cash supports women in difficult situations The Big Lottery Fund has awarded £48.5m to 63 projects across England that support women and girls facing difficult situations such as domestic violence. The biggest grant, worth £5.8m, went to the anti-domestic violence charity Women’s Aid to fund a project designed to reduce the prevalence of domestic abuse, carried out in partnership with SafeLives, the charity formerly known as Co-ordinated Action Against Domestic Abuse. The second-biggest grant, of more than £3m, went to Rape Crisis England & Wales to fund the development of a new online... View Article


A Disneyland-style theme park in Kent

April 26, 2016 11:48 pm Published by Comments Off on A Disneyland-style theme park in Kent

A Disneyland-style theme park expected to attract 50,000 tourists a day is set to be created in Kent. The £2 billion London Paramount Entertainment Resort to be built on the Swanscombe Peninsula between Gravesend and Dartford will feature rides based on Paramount films, BBC Worldwide shows and Aardman animations – including Wallace and Gromit and Chicken Run. Attractions based on films including The Godfather and Mission: Impossible are also planned for the site. The 872-acre entertainment complex would include a large indoor water park, theatres, live music venues, cinemas, rides and restaurants – along with 5,000 hotel rooms. Due to open in 2021, the tourist attraction financed by Kuwait’s Al-Humaidi family could bring 27,000 jobs to the area according to... View Article


Just one country beats the UK for boardroom diversity

January 7, 2016 12:26 am Published by Comments Off on Just one country beats the UK for boardroom diversity

For Britain’s most powerful firms, women in executive positions continue to be about as common as unicorns, new analysis has revealed. Boardroom diversity has soared in recent years, but despite this, not much has changed at executive level. Following Lord Davies’ target for FTSE 100 firms to have 25 per cent women at executive level by the end of 2015, female directors have more than doubled in four years. But the changing face of UK boardrooms is largely down to the large number of women appointed to non-executive roles. Among Britain’s blue-chip firms, three in 10 of these are now held by women. Female executive representation, however, remains below 10 per cent, according to a new study by board advisory... View Article


The Labour Market

November 11, 2015 3:20 pm Published by Comments Off on The Labour Market

Unemployment is 1,749,000, down 24,000 from last month’s published figure (quarterly headline down 103,000) and the unemployment rate is 5.3%, down 0.1 percentage points on last month and down 0.3 percentage points on last quarter. The number of claimant unemployed is 795,500, up 3,300 on last month, and the claimant rate is 2.3%. The number of workless young people (not in employment, full-time education or training) is 1,033,000, down 39,000 on the quarter, representing 14.3% of the youth population (down 0.5 percentage points). Youth unemployment (including students) is 653,000, down 85,000 on the quarter. There are 2.4 unemployed people per vacancy. The employment rate is 73.7% (up 0.2 percentage points on last month’s published figure and up 0.3 percentage points... View Article