The Role of AI in Recruitment and Employment Practices

A study by Totaljobs casts a spotlight on the changing landscape of UK workplaces and recruitment strategies, underscored by the growing influence of artificial intelligence (AI). With a noticeable trend toward leveraging AI for productivity enhancements, an in-depth exploration of its expanding role in the recruitment process becomes essential.   Calls for Transparency and AI…

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Navigating the Future: Artificial Intelligence and Employment Law in the UK

In the swiftly evolving landscape of technology, artificial intelligence (AI) has emerged as a pivotal force, reshaping not only our daily interactions but also the very fabric of the workplace. A recent exploration by the House of Commons Library into AI’s role within employment sectors underscores both the transformative potential and the intricate legal challenges…

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The Evolving Landscape of AI in UK Workplaces and Recruitment Practices

A recent study by Totaljobs illuminates the shifting dynamics within UK workplaces and recruitment strategies, largely attributed to the burgeoning role of artificial intelligence (AI). With a notable trend of employers leaning towards AI for enhancements in productivity, it’s crucial to delve into its burgeoning impact on the recruitment landscape.   Workers’ Demand for Transparency…

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Insolvency in 2023

The insolvency profession is facing a crossroads due to regulatory upheaval, recruitment, and skills challenges, despite its potential to benefit from the growing need for post-pandemic business turnaround and insolvency expertise. Government support measures, including furlough and Bounce Back Loan schemes, minimised the business fallout from the pandemic while masking the true scale of failing…

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The Fallout from Silicon Valley Bank & The Insolvency Market

The fact that the Fed had to backstop all deposits over $250k is a worrying sign as to the fragility of the traditional banking sector.  It seems incredulous that the lessons of the 2008 crash have not been fully learned and instead of a rigged subprime mortgage resulting in catastrophic loss to the wider general…

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Insolvencies Rise in the UK

The outlook for the UK economy is a hot topic at the moment and certainly one that is full of doom and gloom. A recent article in The Financial Times suggested that 2023 will see corporate insolvencies peak at a higher level than the last financial crisis in 2008. A market laboured with rising inflation…

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Insolvency Statistic: What is Really Happening to the UK Economy

It is clear the current financial climate in the UK is both turbulent and unpredictable. I am sure you have already heard anecdotal evidence of businesses struggling in 2023. This is heightened by many media outlets creating a rather downbeat feel to the start of the year. The Government has recently released statistics for November…

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What’s happening in Restructuring and Insolvency

Now that the Government Furlough scheme has come to an end, it’s no surprise that some industries are now faced with making a difficult decision…. Increase prices or cut staff.  There is no doubt this is an extremely challenging time and without the Government support the future is looking bleak for some and come early…

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