jobs Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/jobs/ Chartered Accountants & Business Advisors Fri, 02 Feb 2024 10:38:52 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://www.wrloaccountants.co.uk/wp-content/uploads/2018/01/cropped-WRLO-logo-big-32x32.jpg jobs Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/jobs/ 32 32 Artificial Intelligence will affect jobs and worsen inequality, says IM https://www.wrloaccountants.co.uk/artificial-intelligence-will-affect-jobs-and-worsen-inequality-says-im/ Fri, 02 Feb 2024 10:38:51 +0000 https://www.wrloaccountants.co.uk/?p=3997 Artificial intelligence (AI) will affect almost 40% of all jobs around the world and deepen inequality, the International Monetary Fund (IMF) has warned. In a new analysis, IMF researchers examined the potential impact of AI on the global labour market. It found that, in advanced economies, around 60% of jobs may be impacted by AI. In contrast, in emerging markets, exposure to AI is expected to affect 40% of jobs. The IMF also suggested that AI could affect income and wealth inequality within countries. Workers able to make effective use of AI may see an increase in their wages and productivity, whilst those who cannot risk falling behind. The IMF says policymakers should review the rise of AI in the workplace in order to prevent it from stoking social tensions. It has called for a careful balance of policies to tap into AI’s potential. Kristalina Georgieva, Managing Director at the IMF, said: ‘In most scenarios, AI will likely worsen overall inequality, a troubling trend that policymakers must proactively address to prevent the technology from further stoking social tensions. ‘It is crucial for countries to establish comprehensive social safety nets and offer retaining programmes for vulnerable workers. In doing so, we […]

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]]> July 2020 https://www.wrloaccountants.co.uk/july-2020/ Fri, 10 Jul 2020 13:40:11 +0000 https://www.wrloaccountants.co.uk/?p=3140 In this month’s Enews, we report on Chancellor Rishi Sunak’s Summer Economic Update, which unveiled the government’s three-point plan to protect and create jobs as the economy begins to recover from the coronavirus lockdown. There have been plenty of other developments. We look at some of them here and analyse changes to tax policy and the wider economy. As the COVID-19 pandemic continues to dominate the news, there are lots of issues to update you on. Chancellor unveils three-point plan for jobs Stamp duty temporarily reduced Flexible furloughing starts on job retention scheme Government expands aid for start-ups and innovators Bank of England increases stimulus package for UK economy FCA confirms further support for consumer credit customers Private sector off-payroll reforms given go ahead for April 2021 Late payment crisis has worsened during coronavirus lockdown Chancellor unveils three-point plan for jobs On 8 July, Chancellor Rishi Sunak announced a three-point plan to support jobs in the wake of the COVID-19 pandemic when he delivered a Summer Economic Update to Parliament. Mr Sunak confirmed the Coronavirus Job Retention Scheme (CJRS) will end as planned this October. The Chancellor said furloughing had been the right measure to protect jobs through the first […]

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