Also in the news...
Who is subject to financial sanctions in the UK?
A guide to the current consolidated list of asset freeze targets, and a list of persons named in relation to financial and investment restrictions under the Russia regulations
Homes for Ukraine visa sponsorship scheme: privacy notice
Homes for Ukraine visa sponsorship scheme: How we use personal data.
Check duties and customs procedures for exporting goods
Find information about how to move goods from the UK to the rest of the world.
Record-breaking £150bn investment unveiled during US State Visit
Record-breaking investment into the UK of £150 billon unveiled during historic US State Visit, boosting jobs and catapulting growth
US financial giants boost UK investments and jobs across London, Edinburgh, Belfast and Manchester
The Government has announced over £1.25 billion of inward investment from US finance companies, creating 1,800 UK jobs.
Zero-hours contracts
Business Secretary, Vince Cable, has announced that, under new proposals, employers could be banned from imposing ‘exclusivity’ on zero-hours contracts which offer no guarantee of work and stop employees from working for another employer.
Zero-hours contracts mean employees only work as and when they are needed by employers, often at short notice, and are only paid for the hours they work.
Some of these contracts oblige workers to take the shifts they are offered, others do not.
Sick pay is often not included although holiday pay should be, in line with working time regulations.
According to Office for National Statistics figures, 250,000 workers are on zero-hours contracts, about 1% of the UK workforce.
In the consultation, the Government also outline proposals on ways to tackle the lack of transparency in the way zero-hours contracts are currently being used and improve guidance for both employers and employees around their use.
F&L