Although changing the VAT rate from 17.5{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} to 15{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} within business systems is relatively easy, it has widespread implications inside the organization, across the supply chain, and for the customers. We all hope that the plans mapped out in the Chancellor of the Exchequers pre-budget report earlier this week...

Germany has entered a recession after government figures showed that Europe’s largest economy contracted by 0.5{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} in the third quarter. This is the second consecutive quarter that the economy has shrunk after a 0.4{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} contraction in the second quarter. The fall in economic output, largely driven by falls in...

The majority of organisations (60{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e}) will still provide a Christmas party for their staff this year despite the impending recession. New findings from the Chartered Institute of Personnel and Developments (CIPD) Annual Reward Management Survey 2008 highlight the importance of rewarding employees during difficult times. The initial findings of...

Turnover in the UKs recruitment industry hit a record high of more than £27 billion between April 2007 and March 2008, according to the latest annual industry report launched today (Friday, November 7). The most significant growth was achieved through a sharp increase in the turnover from permanent placements...

Political leaders urged U.S. President-elect Barack Obama on Wednesday to help forge a new economic order to lead the world out of its worst financial crisis since the 1930s. Excitement about the election of Democrat Obama as the first black U.S. President was tempered by an awareness of the...

The majority of female IT workers still believe their wages don’t match up to those of male colleagues — despite almost four decades of the UK Equal Pay Act. More than half (53 percent) of respondents to the third annual Perceptions of Equal Pay survey, conducted by IT trade...