New Corporate Liability Laws Increase Risk of Prosecution for Employee Actions: How Businesses Can Prepare and Protect Themselves
Written by Ken Dulieu The Economic Crime and Corporate Transparency Act1 has introduced a new “failure to prevent fraud offence”2. This legislation, having received Royal Assent, is anticipated to come into force imminently. It signifies an important shift in the UK’s approach to corporate criminal liability, particularly in terms of holding businesses accountable for their […]
Spring into Success with Your Hospitality Business!
With longer days and customers venturing out more, spring is an ideal season for hospitality businesses to refresh their strategies and rejuvenate their approach. Here are ten timely tips to help your establishment flourish this spring: Refresh Your Menu: Introduce seasonal specials that celebrate fresh, local ingredients. Spring menus with lighter, colourful dishes can attract […]
Capcon Announces Launch of Advanced Dark Web Monitoring Service, Powered by Techn22
London, UK – In an innovative move to bolster cybersecurity measures for businesses locally and internationally, Capcon, a leader in comprehensive risk management and profit growth solutions, has announced the launch of its Dark Web Monitoring service, powered by Techn22. This cutting-edge service is designed to provide continuous surveillance of the dark web, detecting and […]
Streamlining Hospitality for Growth Amid Economic Pressures
The hospitality sector, pivotal to the UK’s economic fabric, faces a £3.4 billion budgetary challenge due to rising payroll costs and business rates. Such financial strains not only jeopardise the industry’s vibrancy but also its capability to invest in future growth, estimated at 6% annually. With nearly two-thirds of the sector’s £5.4 billion growth investment […]
Hospitality Sector Spring Budget Summary
Underscoring the economic strategies ahead of the upcoming General Election, the Chancellor’s Spring Budget this week delivered several measures impacting the hospitality sector, an industry recognised for its significant contribution to the UK economy. Amidst expectations for substantial fiscal support, the budget primarily aimed to enhance disposable income for workers, thus indirectly benefiting the sector. […]
Capcon’s Cupid: Tips For Unlocking Love and Profit for Hospitality Businesses
As the festive sparkle of the holiday season fades and New Year’s resolutions begin to take shape, the hospitality industry braces for the arrow-slinging, heart-stirring occasion that is Valentine’s Day. This annual celebration of love and affection presents a golden opportunity for hospitality businesses to flourish, drawing in couples and love-struck patrons eager to commemorate […]
Enhancing Stock Valuation Efficiency: Insights from Capcon’s Research
In recent months, Capcon has undertaken an extensive research initiative to investigate the effectiveness of stock projections compared to actual stock values. Our research approach involved conducting two stock counts – one mid-month and another at the end of the month. The primary objective was to project mid-month stock values to the month’s end. The […]
Enhancing Hotel Service Excellence – Mystery Guest Reviews
In the hospitality industry, providing an exceptional guest experience is paramount for success. This case study looks at how Capcon’s Mystery Guest Review service helped a hotel transform its service quality, streamline operations, and elevate its reputation, ultimately achieving significant improvements in guest satisfaction and revenue. Client Background: The client, a mid-sized, luxury hotel in […]
The New Failure to Prevent Fraud Offence: Is your Business Prepared?
With the impending Royal Assent of the Economic Crime and Corporate Transparency Bill, the UK is set to introduce a significant legal change – the failure to prevent fraud offence. This legislation aims to hold organisations accountable if they profit from fraud committed by their employees. In this article, we will explore key aspects of […]
Fraud in the UK Hospitality Industry in 2023: Impact and the Role of a Cashless Society
The hospitality industry in the UK has faced numerous challenges over the years, but one of the most pressing issues in 2023 is the increasing threat of fraud. As the sector continues to adapt to a cashless society, new vulnerabilities have emerged, making it more critical than ever for businesses to protect themselves and their […]