The British Chamber of Commerce reports that the UK economy will remain on a weak trajectory in 2018 due to Brexit uncertainty,
2018 will be a challenging year for UK businesses; there are further smaller interest rate increases planned for the year - helping to bring the inflation rate back down to its 2% target. Although borrowing would become more expensive, interest rates are expected to remain low to increase businesses and consumers to borrow and spend more.
Another curve ball heading our way is the General Data Protection
This year also sees a focus on Gender Pay Gap Reporting where larger businesses (those with over 250 employees) will be required to publish their gender pay gap data (by 4
And we've not even mentioned Brexit. With the final terms as to how we exit the EU still being fleshed out, challenges and opportunities will no doubt arise, so it is more important than ever for firms to remain flexible as to how these might be approached.
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