Startup Revolution

Greece has elected a new leader, but what does it mean for the eurozone?

There are fresh concerns over the future of the eurozone and the euro following the elections in Greece and France, which both saw new leaders brought into power who are planning to radically change measures in place to deal with the current economic crisis.

The Greek conservative Antonis Samaras has had three days to form a coalition, but if he fails the second and then third place party will try. If they all fail, Greece will hold another election - a prospect which would alarm the country's international creditors. With another 11bn euros of spending cuts due to be found next month, there are concerns that the country might default on its debts and leave the eurozone. Germany's Angela Merkel, however, has re-iterated that Greece's reforms must go on.

Are you thinking about taking on employees?

The Taking on an Employee toolkit, found on the Business Link website, takes employers through the process of hiring their first member of staff and explains their core legal obligations when doing so. This includes information on setting pay, getting the right insurance, understanding tax requirements and checking a new employee’s right to work in the UK.

Feedback from the employment theme of the Red Tape Challenge suggested that the current guidance was too complex, that the information on how to do this was not readily available and that it was unclear as to where to find this. This toolkit combats these problems by clearly outlining what an employer must do, why they must do it and how they can take the action to comply.