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Faltering start for the new Facebook - Glitches delayed the opening of trading and underwriters had to intervene to prevent the group’s shares falling below the $38 price set on Thursday

Boy wonder comes of age on Wall Street - The creator of the most visited website on the internet has gone from dorm room prankster to admired chief executive, says April Dembosky

Spain hit by rise in bad bank loans - Value of bad loans held by banking sector increased a third during the past year to €148bn and accounted for 8.4% of their entire loan portfolios

Eurozone equities panic sale warning - Private clients warned not to ditch equities in the face of deepening euro crisis.

G8 leaders urged to focus talks on growth - Barack Obama says the summit of the world’s leading economies will focus on ways to promote growth in Europe and backed fiscal consolidation efforts

Hollande holds line on tax and troops - French president tells UK’s Cameron he will not reverse pre-election pledges on financial transaction levy and Afghan withdrawal

Murdoch quashes talk of UK paper spin-off - News Corp’s chief has moved to quash talk about selling its tainted UK newspaper business, saying publishing would remain ‘a core component’

Hotels trial finds room for Blair and Bono - McKillen tells court of meetings with former Labour prime minister as suit against the Barclay brothers enters its final phase

Banking: Back to the wall - JPMorgan Chase’s $2bn loss tarnishes the reputation of chief executive Jamie Dimon as a hawk-eyed risk manager prepared to confront regulators

Pubs face Olympian beer challenge - Games organisers consider ensuring a steady flow of draught to be one of the biggest logistical tests posed by the Olympics this summer

 

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Human resources

With the escalating volumes of employment legislation currently taking place within the European Union, no organisation can afford to be without the support of a Human Resource specialist.

Attention to this area should not purely be looked at as a defensive mechanism. Sound well thought out employee policies properly put in place can benefit all businesses.

Published data shows a continuing rise in employee related cases being taken to employment tribunals. Businesses are now more vulnerable to claims, often where there is no upper financial ceiling to any award made. The ability to demonstrate correct policies and procedures will assist in dealing with such matters

All businesses should constantly review their procedures in this area. Legislation in contracts of employment, minimum wage regulation, disability and discrimination in all areas is continually evolving. A sound defence to any potential claim can be completely negated by the most simple procedural slip up.

We can assist you develop and implement HR policies and procedures for the benefit of your business.  The benefit of attention to detail in this area cannot be overstressed.