MAY TRADE NEWS

Warehouse complex proposed for Peterborough

Local authorities urged to help businesses improve recycling

Business leaders lose faith in the Labour government

Sole traders join forces on the Isle of Wight

FPB calls for government to cancel fuel duty increase

Consumers get better protection from rogue traders

Health and beauty sector will grow despite economic slowdown

Credit crunch hits wholesale and retail businesses' cash flows

CBI reports manufacturers expect to increase prices

Businesses attack new agency worker rules

Credit crunch 'has not stopped owners selling their businesses'

BRC stresses UK firms do not use exploitative suppliers

OFT targets retailers who claim to be closing

Carbon Trust urged to support small firms

London business buck trend as sales increase

Bank charges 'could harm small business

Small businesses 'could be hurt by extended flexible working rules'

BRC reports gloomy sales figures

Businesses urged to embrace rail network

Business pessimistic about economic future

Fuel duty rises 'should be postponed to help businesses and consumers'

Report calls for better government support of small businesses

Businesses asked for bribes to win contracts

Small businesses hit by staff absences

Small businesses 'turn to older employees to plug skills gap'

Businesses warned of continuing economic slowdown

Tories pledge to support small suppliers and local businesses

Continuity plans 'vital for small firms'

Manufacturers force to pass rising costs on to customers

Oxfordshire Retailers Flex Their Muscle

FSB steps up campaign to protect local suppliers

Small firms 'are turning to bridging loans to maintain cash flows'

Government looks to help business by streamlining consumer laws

Business disappointed by interest rate hold

Shop prices 'only rising slowly'

Postal competition 'has not helped small wholesalers'

Small firms are turning to bridging loans to maintain cash flows

South-west's roads 'need to be improved to help wholesalers'

Retailers see April increase in shoppers

Government urged to involve small firms in tax forum

Good online retail practice satisfies customers

Small retailers urged to embrace gift card schemes

Commission inquiry not doing enough for small retailers

Hornby buys model car maker Corgi

Trade News Archive May 08 April 08 March 08 February 08 January 08

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14th May 2008

Small businesses hit by staff absences

Absence from work cost the UK economy £13.2 billion last year and the average small business saw each member of staff take 5.8 days off sick, a new report has suggested.

The Confederation of British Industry's (CBI) Absence Survey indicated that businesses believe that 12 per cent of staff sick days are not genuine.

It explained that these 'sickies' cost businesses £1.6 billion every year. Two thirds of bosses said they believe workers use the excuse of illness to extend weekends.

The report also noted that long-term absence is a serious problem for small firms in the UK.

"Everyone agrees that sick people need time off work. But employers face two serious and expensive challenges - dealing with bogus sick days, and helping those with long-term illness return to work when they are fit to do so," Susan Anderson, CBI director of HR policy, commented.

"People who awarded themselves sickies to enjoy the recent sunny weather or to extend a weekend away are acting unfairly, leaving their colleagues to pick up their work, and costing taxpayers and employers over a billion pounds a year."

Recently, the Tenon Forum thinktank suggested that businesses in the UK were increasingly looking to hire older workers because recent graduates lacked the skills and attitudes to function in the workplace.
 

 

(c) 2008 Adfero Ltd.