Welcome to taking stock on.... Monday 14th August 2023
Taking Stock: Is a look at today's top business news & investment views plus we cover the winners, losers, the most read company news & the most followed. Today this includes:
RISERS
Glantus - Accel - KKR Co LLC - Recommended Cash Offer by Genesis Bidco Limited
Global Petroleum - Namibia - Licence Update
FALLERS
Harvest Minerals - Trading Statement
MOST FOLLOWED
AFC Energy
MOST READ RNS
Premier African Minerals - Result of Meeting
Helium One Global - Operational Update
RNS WORTH READING
On the Beach Group - PDMR/PCA Notification
TOP BUSINESS STORIES
About 40% of employers have made counteroffers to keep hold of staff tempted by higher wages from rivals in the past 12 months, a survey has found.
The Chartered Institute of Personnel and Development (CIPD) said that of the 2,000 employers it questioned, many of those that made counteroffers expected to do so again to retain workers.
The number of job vacancies in the UK remains high at over one million.
But there are fears escalating salaries could keep inflation higher for longer.
The CIPD said that of the UK employers who had made a counteroffer in the past 12 months, 38% made a deal that matched the salary promised by the new firm. However, 40% offered even higher wages.
Meanwhile, companies expect to raise pay by 5% over the next 12 months.