From the outset the government has pushed back against awarding chunky pay rises to public sector workers, arguing that doing so could fuel inflation. That was always a contentious claim. The inflationary impact of public sector pay rises depends on how they are funded - whether...
UK banks more likely to pay out fraud compensation than overseas rivals Survey shows half of UK fraud victims gain at least a partial refund for their losses UK public finances UK confronts massive funding gap to tackle crumbling infrastructure ...
The CEO pay increase was a much lower rate than that of the wider UK workforce, whose average total earnings grew at an annual rate of 5.7 per cent, according to Office for National Statistics figures for the first quarter of 2024. Letter in response to this article: Boardrooms should pay...
PRWeek UK Top 150 2024: AI a bigger priority… but not the top one PRWeek UK Top 150: Surge in inflation-busting pay rises to help with the cost of living PRWeek UK Top 150 2024: Profitability falls as agencies feel the pinch
However, the expected 2.7% increase in the cost of living in the country is significantly higher than anywhere else in the region. Critical issues such as economic recovery and inflation are mentioned.Paterson, JenniferEmpl...
Let’s say you have £100 in your trading account. You can buy the EUR/USD currency pair with 100:1 leverage, effectively giving you a £10,000 position. If the value of the EUR rises by 0.5% relative to USD within a day, you can exit your position for a 50% gain or £50...
As inflation rises, spending power reduces considerably – particularly if salary increases don’t keep up.Since hitting a peak of 11.1% in October 2022,UK inflation has started to come down, reaching 4% in December 2023 and January 2024. But this is still above the Bank of England’s 2%...
over two years. The payment totals half of one week’s pay for every year of employment when the employee was under 22 years old. This rises to one full week per year of employment between the ages of 22 and 40, and 1.5 week’s of pay for every year at the age of 41 and above...
August 22 2024 Unions push for UK public sector ‘pay restoration’ in challenge to Labour TUC delegates to vote on call for above-inflation pay rises at conference next month August 21 2024 News in-depthUK prisons ‘Huge talent pool’: UK aims to ease prison pressure by hiring former convi...
The UK has sent 700 troops to Cyprus to help with a possible evacuation of British nationals from Lebanon. 2 Israel claims Hezbollah commander killed in missile bombardment on Lebanon Displacement and discord: Death toll rises as Middle East violence escalates Lebanon feels echoes of the horrors...