CPI inflation is expected to rise more than previously forecast, from 9.4 percent in June to just over 13 percent in the fourth quarter of this year, said the Bank of England (BoE) in early August. It will remain at very elevated levels throughout much of 2023, BoE added.BoE governor ...
The pay now rejected award to nurses was announced byChancellor Rachel Reevesat the end of July, shortly after Labour won the general election. The RCN said the high turnout surpassed the level seen in two statutory ballots for industrial action held by the union in 2022 and 2023, the first...
The 12,000 KPMG staff in Britain who have not been promoted will not benefit from a pay rise this year as the firm tightens its belt in reaction to a fall in demand for its services. Senior partners at the Big Four firm have been informing teams in recent weeks that their pay will be...
As of 2023, there are 16.8 billion smartphones in the world. This figure has grown by close to a fifth (19.2%) since 2020. The number of smartphones is expected to continue to rise, with estimates suggesting that there will be 18.2 billion by 2025. What percentage of the world populatio...
15,000 hourly-paid team members across the UK will see their starting pay rise from £12 an hour to £12.60 from 1 April. Team leaders and coffee trainers known as "barista maestros" will get an increase to at least £12.93 an hour, while those who complete rol...
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As of Q3 of 2023, Netflix subscriber numbers stood at 16.7 million (an increase of 46% from Q1 2019). After a steady rise of 7.7% throughout 2019, the number of Netflix subscribers jumped by more than a third (35%) by the end of 2021 – largely as a result of Covid-19 lockdow...
individual. Since the introduction of the Economic Crime and Corporate Transparency Act 2023, the misconduct of a “senior manager” can also give rise to liability for the corporation. See our 26 February 2024 client alert “Economic Crime and Corporate Transparency Act 2023 – Key Dev...
When my current EU/UK passport expires in 2023, can I apply for another EU passport rather than a UK one? Reply nicola birchall says: 31/01/2017 at 8:57 pm My passport runs out December 2017 and I am flying to St Lucia 4th July to get married. Will I have enough time on my...
On 10 July 2023, HM Treasurypublishedthe final outcome of the Investment Research Review (the Review). One of the key recommendations relevant to asset managers is to relax the MiFID II research unbundling rules. These rules currently require UK buy-side firms to pay for research either out...