In 2023, the highest average amount of disposable income for any age group occurred in the 35 to 44-year-old group, while the age group with the lowest average disposable income were those aged 85 and over.
Between November 2021 and July 2023 inflation was higher than wage growth in the UK, with wages still outpacing inflation as of April 2024. At the peak of the recent wave of high inflation in October 2022, the CPI inflation rate reached a 41-year-high of 11.1 percent, wages were growing...
Minimum wage The following rates apply for 2013: The main rate for workers aged 21 and over is £6.31 an hour. The rate for 18-21 year olds is £5.03 an hour. The rate for 16-17 year old is £3.72 an hour.The minimum rate for an apprentice is £2.68. ...
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Among 45-54 years old, only 13.4% do some sort of gig [2]. Such a pattern may not be so surprising, as many gigs require good health and condition – climbing hundreds of stairs delivering parcels, or cycling miles delivering food can be physically demanding....
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17 July 2024/disability reporting,ethnicity pay reporting,fire and rehire,flexible working,national m minimum wage,unfair dismissal,zero hours contracts/Employment The King’s Speech has today been given to both houses of Parliament. In line with the Labour party’s pre-election plan to make work...
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