The City takes a break from holidays

In this Financial News article, Colin Leckey discusses results of the Financial News' City job satisfaction survey which found that 30.5% of survey participants did not take their entire holiday entitlement for the year. 

In theory, employers could face claims under the Working Time Regulations if their employees are not taking the minimum amount of statutory holiday. However, Colin says that this rarely happens due to the culture of investment banks and the difficult employees face in establishing that they suffered any loss in result of a breach of the regulation. 

You can read Colin's thoughts on the Financial News website here. Please note that the article is behind a paywall.