Olympic working, private sector pay, and retail employment - here's your need-to-know business news roundup.
Half of all employers are refusing to offer more flexibility during the Olympics according to new research.
Figures from the Chartered Institute for Personnel and Development suggest that some 48 per cent of firms are not planning to make changes to working practices. [Telegraph]
Private sector pay settlements average just 3 per cent according to new surveys.
Figures from Incomes Data Services suggest that average deals will fall, with the number of settlements above 3 per cent dropping during the month. [Guardian]
The number of people employed in retail increased in May for the first time since February 2003.
A survey from the CBI also found that 43 per cent of retailers saw higher sales during the month than a year ago, compared with 23 per cent who experienced a fall. [ThisIsMoney]