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Over 50s missing out on £11billion of discounts

The majority of over 50s are confused by discount vouchers or cash back offers worth a staggering £11.4 billion*. The research by Silversurfers.com, the over 50s online community, lifestyle website and social network, found that 62% of those surveyed had never used an online discount vo...
Posted on Dec 7, 2014 at 11:57

Older workers make great employees

There are business advantages to employing over 50s, including higher motivation and emotional stability. “The perception people have when you mention over 50s workers, is that they think of tech illiteracy, low skills base and crumbling health,” says jobs matchmaker Jonathan Coll...
Posted on Nov 20, 2014 at 14:31

Older workers are key to Britain's economic growth

Figures show an extra 235,000 people aged 50-64 are in work compared with last year, adding £2.35billion to the country’s coffers. They are seen as vital to filling the skills gap faced by many companies. The Department for Work and Pensions statistics show over-50s account fo...
Posted on Nov 17, 2014 at 13:39

Jobless total falls by 115,000 in the latest quarter

The number of people unemployed in the UK fell by over 100,000 between July and September, new figures have shown. A record number of people are currently in work after the jobless total fell by 115,000 to 1.96 million - the lowest figure since the start of the year. Employment increased ...
Posted on Nov 13, 2014 at 15:14

Over 50s taking to entrepreneurship

The over-50s are the ones to watch when it comes to start-ups and new pension freedom rules mean an extra opportunity to tap into cash for business ideas. A recent report from the Global Entrepreneurship Monitor highlighted this age group as being increasingly entrepreneurial. Start-up ac...
Posted on Nov 11, 2014 at 11:33

Technology is putting 10 million jobs at risk

Around 10 million jobs could be lost over the next 20 years due to computers and robotics taking over the roles, according to a joint report by Deloitte and Oxford University. The research suggested that low-paid, repetitive jobs are more likely to go, with people earning less than £30,...
Posted on Nov 11, 2014 at 11:30

Skills shortage affecting UK economy

The UK economy is suffering from a skills shortage among small businesses Suitable candidates are proving hard to come by for small companies The UK economy is losing out on £18 billion due to 520,000 job vacancies that small companies are unable to fill due to a lack of relevant skills...
Posted on Nov 7, 2014 at 11:08

Just 3% of over 50s think advertising targets them

October 24, 2014: A study conducted by Research Now for the over-50 online community High50 has found that just 3% of the older demographic believe advertising is aimed at them. The research entitled ‘The 50+ Project’ asked 50- to 65-year-olds their thoughts on a range of topics i...
Posted on Oct 24, 2014 at 11:22

UK skills shortage costs businesses £'000s

The skills shortage is an oft-cited obstacle for small firms, but now new research has found each bad hire costs businesses £13,799. Ouch. The research, by Sandler training, found a shortage of good applications means over half of small businesses admit to having made bad hires. More th...
Posted on Oct 21, 2014 at 11:16

2million 50 to 70 year olds looking for work

Despite the Government’s ambition to support over-50s in the UK labour market, more than two million 50-70 year old retirees are looking for suitable work but cannot find it. The findings come from the release of the first results of NAPF's new research series ‘Understanding ...
Posted on Oct 17, 2014 at 10:18

Unemployment at lowest level since 2008

The number of people unemployed people in the UK has fallen below two million for the first time in five years in the three months to the end of August. The Office of National Statistics (ONS) said the number of unemployed people of working age fell by 154,000 during the period. It means the ...
Posted on Oct 16, 2014 at 11:45

Outlaw recruiting for new graduates says over 50s czar

Employers should be barred from only advertising jobs for recent graduates, the Government's business champion for older workers has said. Ros Altmann said the term was a "euphemism" used to recruit younger people and suggested there should be sanctions against companies that us...
Posted on Oct 9, 2014 at 11:11

SME marketing budgets up 20%

The average marketing budget for small and medium-sized businesses (SMEs) in the UK is up 20% on last year. Marketing budgets were 20% higher in 2014 than they were in 2013. And 59% of those surveyed increased their budgets. Just under a third (31%) said there would be no change in their budg...
Posted on Oct 4, 2014 at 12:43

Young people lack employment skills

Young people are not being given the necessary skills to prepare them for life in employment, according to a new report by the British Chambers of Commerce (BCC). The BCC surveyed 3,000 business and found that nine in ten believe school leavers are not ready for work, with key skills like com...
Posted on Oct 4, 2014 at 12:40

Quarter of over 50s have adult children living at home

Boomerang children cost their middle aged parents an average of £72 a week each, according to a report yesterday. It said that a quarter of all over-50s have adult children who won’t leave the house and find their own homes, and that in many cases they allow them to live without p...
Posted on Oct 4, 2014 at 12:37

Watford tops league for over 50s in work

Areas as diverse as Watford, north Dorset and the Shetland Islands are leading the charge against outdated stereotypes of older workers and flying the flag for fuller working lives. They are among local authority districts across Great Britain with the highest rates of employment amongst olde...
Posted on Sep 4, 2014 at 13:49

Work one year longer to boost pension

By working one year longer, an average earner could boost their pension pot by around £4,500, in addition to earning an extra year’s salary. Conversely, an average earner retiring 10 years early could see their pension pot shrink by a third. Around 2.9 million people aged between ...
Posted on Sep 4, 2014 at 13:46

Employed over 65s exceeds 1million

The number of over 65-year-olds working has increased to more than a million since the coalition came to power, according to research. There had been a 36 per cent increase since May 2010, to 1.09 million, partly following the abolition of the default retirement age. The number of 50 to 6...
Posted on Aug 18, 2014 at 15:25

UK unemployment rate falls to lowest since 2008 - but pay suffers dip

The UK's headline unemployment rate dropped to 6.4 per cent in the three months to June, which is down from 6.5 per cent in May and the lowest level since late 2008. UK employment rose in the second quarter of this year to 30.6m, up 1.5 per cent on the same period last year, equivalent to...
Posted on Aug 13, 2014 at 13:00

Recruitment is highest for 16 years

UK firms intend to hire staff at the fastest rate for 16 years, research suggests. Accountancy firm BDO said its jobs index for July, which measures hiring plans over the next three months, was at its highest level since 1998. A "significant uptick" in hiring plans by services f...
Posted on Aug 11, 2014 at 11:46

Wage growth still sluggish

The CIPD has released its quarterly Labour Market Outlook (LMO) survey report of 1,000 employers, revealing that wage growth is expected to remain weak even though output is growing strongly and the jobs market is buoyant. The professional body for HR and people development is arguing that on...
Posted on Aug 11, 2014 at 11:30

More over 50s starting their own businesses

Growing entrepreneurial spirit among older workers will help to push the number of people aged 50 and over who own their own business to a record two million before the end of the decade, according to a report. Britons are increasingly shunning retirement and starting their own companie...
Posted on Aug 4, 2014 at 11:05

Fancy taking a gap year after 50?

Taking a gap year is no longer just for the young, with the extended breaks gaining popularity with those who are long established in their careers. Now the practice of over-50s taking these breaks – which despite the name can last for just a month or so, or extend for as long as a year...
Posted on Jul 25, 2014 at 14:17

Over 50s take out loans to go to college

Britain’s over 50s are claiming up to £67 million a year in student loans that they are never likely to repay. Figures obtained through the Freedom of Information Act show that more than 5,000 over-50s – including some pensioners in their 60s, 70s and 80s – have taken ...
Posted on Jul 8, 2014 at 14:33

Why so many small businesses fail

They say if you are going to fail, fail fast. But while this is the standard advice given to entrepreneurs whose startups collapse in the first few years, it does raise the question: are some of these failures preventable? Theo Paphitis thinks so. The serial businessman, who left the BBC2 sh...
Posted on Jul 8, 2014 at 11:53
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