Business

Nicola Leibinger-Kammüller (pictured above) is a notable exception to the rule. The CEO of German machine-building and laser-manufacturing company Trumpf is one of a mere handful of female top-level executives in the country's family-owned businesses sector . Only 7% of senior management positions in the 100 biggest firms held by German families are women, a new survey released on Wednesday by the German-Swedish AllBright Foundation has found. Often founded more than a hundred years ago, those businesses maintain "a leadership culture that appears as old as the companies themselves," the foundation says in a report titled: Die deutschen Familienunternehmen: Traditionsreich und Frauenarm (German family-owned businesses — rich in tradition and lacking women). AllBright Foundation is a politically independent nonprofit organization with headquarters in Stockholm and Berlin. The foundation works to "promote more women and diversity in executive business positions." Focusing on …

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Lynsey Crombie gives tips on cleaning garden furniture Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Mrs Hall, 38, was forced off work whilst awaiting an operation and during the time she began upcycling her home furniture. What started as a hobby in her living room soon turned into a full-time business in 2017 which is on track to break the £1million milestone before the end of the year. Related articles Britons urged to act as old banknotes can be switched for valid cash 'I care about UK as much as any Brexiteer' says John Bercow READ MORE State pension & Universal Credit payment dates to change this month It …

[Read more...] about How one mum’s diagnosis encouraged her to start a £1million business

Budget 2021: Rishi Sunak outlines support for self-employed Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info IR35 changes involve the alteration of tax legislation, with the changes set to affect off-payroll workers. Going forward, off-payroll workers will need to be treated as full-time employees from April 6 and medium to large sized businesses will be responsible for setting the tax statuses of contractors they hire. Related articles Nationwide customers can get 2% interest rate on savings Martin Lewis: Married Britons must act fast to cut tax by up to £1,188 READ MORE State pension: How NI records can be built up while being …

[Read more...] about HMRC warning: Businesses are not ready for IR35 ‘judgement day’ – self-employed to be hit

A mum-of-three who was ‘nervous’ of getting jabbed has died with Covid, days before turning 26. Danni Coombs had said she was ‘too busy’ caring for her young children to book an appointment. She died in hospital in Buckinghamshire on July 15, and is thought to have caught coronavirus from her fiancé Adam. Her devastated family have told how Danni ‘kept putting off’ getting vaccinated because she was ‘busy with other things’. Danni – described as caring and gentle – leaves behind a son, 2, who has autism and ADHD, and two girls, aged 4 and 7. She was put on a ventilator in Milton Keynes Hospital after her oxygen levels plummeted when she became seriously ill with Covid-19. She also contracted sepsis while being treated. Her Aunt Kelly Coombs suggested that Danni may have been saved if she had taken her Covid jab sooner. Kelly explained: ‘Like many people, she kept putting it off because she was busy with other things. ‘She was also slightly nervous about it, …

[Read more...] about Mum, 25, died with Covid after delaying getting jab because she was ‘too busy’

Published 5 hours ago Share close Share page Copy link About sharing Related Topics Coronavirus pandemic Manx businesses are calling for more support from the next government after a "tough couple of years". A Chamber of Commerce think tank survey found recruiting suitable staff was an issue for the majority of businesses. Chairwoman Claire Watterson said the biggest message was a call for "a government that listens to" and addresses concerns "promptly". The highest number of responses of the 78 members that took part came from finance and insurance service sectors. Ms Watterson said after a difficult period for business, with Brexit and the impact of the coronavirus pandemic, the private sector was looking for "support from the government to get back on their feet, to build things back up again" so that they were "still standing here in 10, 20 or 50 years-time". She said …

[Read more...] about Isle of Man businesses seek support from next government

Published 7 May Share close Share page Copy link About sharing Related Topics Coronavirus pandemic The rebalancing of public finances is an "acute concern" for the business community on the Isle of Man, the Chamber of Commerce has said. The issue is one of several highlighted in the body's business manifesto , which had been published ahead of September's House of Keys general election. Chamber President Caren Pegg said the coronavirus pandemic had "only exacerbated" the situation. The impact of the virus has cost the government more than £200m. Before the pandemic, the Treasury had been on track to plug the public sector pensions deficit by the end of the 2020-21 financial year. However, it is now though it will take an additional two years before the island's finances are back on track. Other areas of concern highlighted by the chamber include the size and …

[Read more...] about Isle of Man public finances ‘acute concern’ for business community

Published 3 April Share close Share page Copy link About sharing Related Topics Coronavirus pandemic Financial support for businesses and workers impacted by the coronavirus pandemic has been extended, the Isle of Man's treasury minister said. The news came as it was revealed wider lifting of lockdown measures would now likely begin from 19 April. The Salary Support Scheme has been extended until the end of May to allow businesses to get "back to full capacity", Alfred Cannan added. The island entered its third lockdown on 3 March. An additional £1,000 payment will be made to qualifying businesses under the Coronavirus Business Support Scheme. Payments will not include firms in the construction sector, since they will be able to return to work from Tuesday. Manx Earnings Replacement Allowance payments, which provide support to workers not being paid during the …

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Published 30 November 2020 Share close Share page Copy link About sharing Sir Philip Green's failure to invest in his retail empire Arcadia has made its downfall "inevitable", a former boss of its best-known brand Topshop has said. Arcadia, which includes Topshop, Burton and Dorothy Perkins, is facing collapse putting 13,000 jobs at risk. Jane Shepherdson CBE, credited with turning Topshop into a global brand, said she expected an online retailer to buy the brand and close most stores. Arcadia had been seeking extra cash following lost sales amid the pandemic. But Ms Shepherdson, who ran Topshop until 2006, said that its problems went back much further than the coronavirus outbreak. She told the BBC's World at One programme that Sir Philip had ignored the rise of online shopping, and was now lumbered with a large and expensive store estate which was largely shut due to Covid. "In …

[Read more...] about Topshop owner’s collapse is ‘inevitable’

Published 1 February Share close Share page Copy link About sharing Thousands of jobs remain at risk after online fashion retailer Asos struck a £295m deal to buy four brands from failed retail group Arcadia. Asos is buying the Topshop, Topman, Miss Selfridge and HIIT brands, but not the shops. Sir Philip Green's Arcadia group fell into administration in November last year, casting doubt over the future of its brands and 13,000 jobs. Asos is paying £265m for the brands and a further £30m for the stock. About 300 people currently employed by the brands in design, buying and retail partnerships will transfer to Asos, but a question mark hangs over thousands more jobs. About 70 stores with 2,500 employees are expected to close. Within the past few weeks 50 stores have already closed, with the loss of about 2,000 jobs. One Topshop worker who wanted to remain anonymous said he …

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A slinkskin processor who has been in the industry for more than 40 years says it has never been in such bad shape, but he’s going to soldier on this spring on a limited basis. New Zealand’s slinkskin industry is counting the cost of the global Covid-19 pandemic, and most South Island farmers will have to dispose of their own dead stock this spring as a result. Usually dead stock is picked up from farms by slink skin companies, which process the skins for export. But there isn’t a market for high-end luxury leather items duing a global pandemic. Skin and rendering prices have crashed and, skin buyers and casualty stock operators have closed up or gone into receivership. The market for lower grade skins has dropped significantly, and meat and bone prices have collapsed. READ MORE: South Island job losses as casualty calf collection canned Coronavirus leads to uncertainty for slinkskin industry Slink skin operators at capacity as Southland farmers brace for another cold …

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