18 July 2023
UK Economy Contracts as Free COVID Testing Ends
According to recently released official figures, the UK economy experienced a contraction of 0.3% in April. The Office for National Statistics (ONS) reported that all major sectors of the economy contributed to this decline. However, the main factor behind the contraction was the end of free COVID testing, which was a pandemic-related anomaly.
For more detailed information, you can read the full report here.
Reminder: Two Weeks Left for Top 100 Nominations
There are only two weeks remaining until the nomination process for this year's Top 100 Influencer Index closes. Now in its third year, this event is the only one of its kind where we celebrate individuals in the hair, beauty, and barbering sector who innovate and passionately contribute to their field.
The Top 100 is open to all professionals actively working in the hairdressing, barbering, beauty, wellbeing, or aesthetics sector. Nominees should possess a relevant qualification in their respective industry from a regulated awarding organisation or have continuous experience working in the industry for five or more years.
Nominate someone (or yourself) today by clicking here!
Remember to share your nominations on social media using the hashtags #NHBFTop100influencers and #Hairandbeautytop100.
Guide for Employers: Menstrual Health and Menopause Support
Small businesses can now download the free guide, Menstruation, Menstrual Health, and Menopause in the Workplace Standard, provided by the British Standards Institution (BSI).
This guide offers recommendations for workplace adjustments and strategies to help businesses meet the needs of employees experiencing Menopause or menstruation. It aims to support businesses in retaining experienced and talented individuals by providing them with the necessary support.
Campaigning for Fair Wages
Last week, the NHBF had a productive meeting with the Low Pay Commission, which advises the government on National Minimum Wage/National Living Wage (NMW/NLW) rates. During the meeting, we answered questions based on our written evidence, which included data and insights from the quarterly State of the Industry surveys and Industry Statistics.
We emphasised the impact of recent rises in NMW/NLW rates and the current challenges faced by businesses in affording staff and apprentices in the current economic environment. The commissioners posed various questions regarding apprentices, sector recruitment, and the shift towards self-employment. We made a strong case for freezing wage rates in the tax year 2024-25 and called for restraint in any future rises.