Cryptocurrency: UK Treasury to regulate some stablecoins
The Treasury has announced that it will regulate some cryptocurrencies as part of a wider plan to make the UK a hub for digital payment companies.
It is said that “stablecoins” will be a recognised form of payment, as a way of giving people the confidence in using digital currencies.
Stablecoins are designed to have a stable value linked to traditional currencies.
The Treasury have said that regulating stablecoins ensures they could be used safely by the public.
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Half a million jobs in small businesses at risk
Insolvencies expected to increase by 21% this year as small firms face countless challenges, according to research.
Many small businesses have encountered problems since the start of the pandemic, however these problems just keep coming.
More than half a million employees are at risk of losing their jobs. It is thought that start-up business is most at risk of failing.
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Would you dare put your firm on a 4-day work week?
Some UK businesses are joining a four-day work week pilot scheme to test out conditions and productivity.
The idea of a four-day week has raised its head many of times, with thoughts of having an extra day off sounding like bliss for many, but in the past companies were unable to see the benefits.
However, some research has shown that, with the introduction of a 4-day week, the productivity of staff has increased by 40% and staff also seem to be happier and less stressed.
Over 3,000 employees at 60 companies will participate in the scheme which will run from June until December and measure the impact of a shorter working week on conditions and productivity.
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