Tuesday April 25 , 2017

Category: Alcohol Misuse News

The drugs don’t work, they just make you worse

drugsThe highly-publicised case of Paul Flowers, the disgraced former chairman of the Co-op Bank, filmed allegedly buying drugs, has put the spotlight on the use and misuse of drugs and alcohol by senior employees. What role does human resources play in developing and enforcing drug and alcohol policies in City firms? Is the culture of drug use in certain segments of the financial services sector in the City widespread, or is it just a case of negative media publicity?

As the song goes, “the drugs don’t work, they just make you worse”. The reality however is that the message of the song has yet to sink into UK society, where the level of alcohol and drug use is frightening: 26 percent of men and 18 percent of women drank more than the recommended 21 units in an average week, according to the NHS Information Centre in England in 2009. Around one-third of adults have taken an illicit drug in their lifetime, according to the 2012 to 2013 Crime Survey for England and Wales.

 

Alcohol and drugs impact on workplace rising significantly

drugs and alcoholCity businesses are facing significant challenges in managing staff with alcohol and substance abuse problems, warns GQ Employment Law, a specialist London employment law firm.

GQ Employment Law says that the problem is increasingly being caused by growing pressure to meet tougher targets as banks struggle to maintain their profitability because of stricter regulatory capital requirements. Paul Quain, Partner at GQ Employment Law, comments, “Managing staff with alcohol or drug addiction problems can be a very significant issue for City employers.”  “Addiction to drugs and alcohol can be widespread in the City because the staff work long hours, face more stress than ever before, and are often expected to entertain clients in the evening.

 

Traders Seek Help

In a recent news report that appeared in The Sun, City Beacon comment upon a 20% increase in city traders who have requested counselling services this year. Managing director Richard Kingdon said many were turning to drugs and alcohol as an “anaesthetic”. He told The Sun: “It’s allowing them to bury their heads deeper and deeper into the sand.”

He claimed bankers felt hated by the public and were being put under increasing pressure by their own bosses. He said: “Banks and financial institutions are using lower profit forecasts to cut staff bonuses, salaries and jobs.

“Denial is the name of the game in the City. No one — and no company — wants to admit there’s a serious addiction problem.”

 

City Beacon featured in the Guardian

Richard Kingdon director of City Beacon

A working life: the addiction counsellor

(This report was written by and taken from www.guardian.co.uk)

Addiction counsellor Richard Kingdon works with City clients in a world where it’s acceptable to drink heavily or take drugs – but not to seek professional help

You don’t have to be a drug addict or an alcoholic to be an addiction counsellor, but it certainly helps.

“If you were an addict desperate for help, would you want to turn to someone who has learned it all from books?” asks Richard Kingdon, managing director of City Beacon, an addiction counselling service based in the City of London.

Kingdon has plenty of experience of addiction. He started taking drugs – “anything but heroin, I never injected” – at the age of 12, was homeless and living on the streets of Soho by 16, and says he has done “everything” to fund his addiction. Then, at the age of 26, he had a breakdown, or “breakthrough” as he prefers to term it, and ended up in a psychiatric unit suffering psychosis.

 

New Online Coaching Service

online addiction help

We now offer a 24 hour on-line coaching service.

The service currently comes in three different subscription models:

  • Silver 28 Subscription - 28 day recurring subscription to our Silver service. The service includes ONE email consultation with Richard Kingdon per month.
  • Gold Subscriptiongrants you unlimited email contact with Richard Kingdon for 28 days with a maximum of 24 hour response time.
  • Platinum Subscriptionthis is our Premier on-line service. Not only do you get unlimited email support but your emails are given priority so we guarantee you will get a response within 12 hours. You are also entitled to four hours  telephone support with Richard Kingdon.

You can sign up here

 

Submit Support Request

Please click this button to submit a support ticket.

How can we help?

Please fill in all the fields
Sending
Follow us on Twitter Follow us on Twitter