News From Our Practice Team - March 2016

 

Welcome to your HR Consultancy Practice Team News Update

 

It has been a fascinating February. Following ongoing negotiations, the date for the European referendum has been set. Mechanisms have been put in place to manage the oil price slump but ongoing recovery - albeit slight - continues to help in areas such as household spending. 

 

 

Tax breaks needed to save UK oil industry, urges trade body

Industry trade body Oil and Gas UK has urged the government to reduce taxes within the sector, after revealing fears about the future of North Sea oil production.

 


Recovery boosts household spending

Households have more money to spend than at any time since the start of the economic downturn, according to official data.

 

 

Barclays shares fall 11%

Barclays shares have fallen 11% after reporting a drop in full-year profits, a dividend cut and a restructuring including reducing its stake in Africa.

 

 

Pound hits seven-year low after Boris Brexit decision

Slumps to its lowest point since March 2009.

 

 

The Financial Director Audit Fees Survey

Interesting perspective on the fees paid by FTSE 350 audit committees.

 

 

Xero announces Google tie-up

Partnership confirmed to integrate Google Apps integration on the platform.