November 19, 2013
UK’s fastest growing tech businesses named by Deloitte survey
There is a decided London bias in the latest Deloitte Technology Fast 50, which names the UK’s fastest growing technology companies. Twenty of the named companies are to be found in the capital and they generate just under half of their £672 million combined revenues over the last year. The growth rates used to measure the success of these businesses are jaw-droppingly impressive but can also be partially meaningless for such new companies. The winner grew at a Wonga-esque percentage rate of just under 10,000 percent and the average for all fifty firms for the past five years was a staggering 1,382 percent. According to Deloitte’s research, the UK’s fastest growing tech company is Clerkenwell based real-time advertising agency Infectious Media.
November 18, 2013
Zero hours contracts: Are they really such bad news?
by Adam Hartley • Comment, Flexible working
Zero hours contracts have hardly been out of the news in recent weeks. The overwhelming majority of the media coverage has been negative, suggesting that zero hours contracts are exploitative of workers and should be outlawed. The pressure gauge has risen to such an extent that, in September, the Business Secretary, Vince Cable, announced that there would be a consultation process to tackle any abuse discovered. The Labour Party has also announced it will be conducting its own review. But why all this sudden interest? Zero hours contracts are not a new phenomenon… and, on the face of it, they provide employers with the type of flexibility which the Government has been so keen to introduce, allowing employers to maintain a flexible workforce capable of meeting short-term staffing needs. More →