85 results for "Wage"

Over the three months to March, wage growth in the UK remained strong despite the slowdown in the labour market. Members of the Bank of England's Monetary Policy Committee had...

Britain's rental market has seen a rise in the cost of new tenancies in recent years, a trend that is set to continue, according to the Resolution Foundation. The think...

The start of the new tax year has brought a financial boost to millions of UK workers. National insurance schemes have been in place since 6 April 2024, and British...

The UK is taking steps to keep up with the rising cost of living by significantly increasing the legal minimum wage. However, the question remains: will it be enough? 9.8%...

Despite the UK government's recent implementation of the largest cash boost to the minimum wage in over a decade, a sobering reality persists as millions of UK workers across the...

Starting in April, the employment sector will be subject to a new legislation that will impact workers' pay and leave entitlements. Additionally, working parents will receive certain childcare benefits as...

New data reveals that wage growth fell slightly short of expectations, pointing to a growing impact of the Bank of England's interest rate increase on the broader economy. UK Wage...

Economists are pointing to a potential emergence of Britain's economy from recession, propelled by a significant surge in real wages. This wage surge is considered a pivotal factor in bolstering...

The situation facing Bank of England rate setters became more complex today as official data revealed that wages had increased more than expected by the end of 2023. This unexpected...

Despite initial expectations of a slowdown, recent data indicates that pay growth in the UK has defied projections, continuing its upward trend. This persistence is noteworthy, particularly amidst challenges such...

The U.S. has undergone one depression in the last century—from the stock market crash of 1929 to 1939. Conditions since then have dramatically improved. However, the emergence of the "Silent...

An online petition with over 59,500 signatures has been started to demand a weekly State Pension payout of around £550 to bring it into compliance with the National Living Wage....

The Department for Work and Pensions (DWP) has vowed to offer people additional time and assistance in order for them to find a job. The pledge comes as new Universal...

UK universities have recently reported a significant decline in foreign students' numbers, amid warnings that further student visa restrictions would restrain a vital flux of talent for the nation's creative...

The Department for Work and Pensions (DWP) has recently announced two major changes are to be made to Universal Credit, which could have an impact on the financial situation of...

The UK emerged from recession at the beginning of the year thanks to stronger-than-expected growth. According to official statistics, the GDP expanded by 0.6% between January and March—the quickest pace...

Borrowers expecting costs to come down will have to wait longer, as Bank of England governors are poised to wait for more compelling indications that the cost-of-living crisis has eased....

The Department for Work and Pensions (DWP) is considering a complete reform of the Personal Independence Payment (PIP). It says it is investigating measures such as “stopping regular cash payments” of...

NHS prescription prices in the UK rose by 2.59% on May 1, marking a dark day for individuals in need of medication. Many are blasting the rise in prices to...

British workers are set to benefit from a major financial break from HM Revenue and Customs (HMRC). As part of the Government's Spring Budget, HMRC is set to launch a...

According to the Trades Union Congress, many average UK workers have seen £200 vanish from their bank accounts.  Average UK Workers Experience Real Wage Decline, Criticisms of Conservative Policies Arise...

Over 1,000 unpaid carers in Wales' picturesque county of Monmouthshire are receiving much-needed financial help, according to the latest figures. However, a leading charity championing these unsung heroes has claimed...

The UK Government's recent decision to freeze income thresholds could result in unexpected tax liabilities for around 127,680 married couples in the 2024-25 tax year. This is due to the...

The independent public spending watchdog warns that the quality of services for England's most vulnerable children may be compromised by the UK government's proposed Extended Childcare Offer. The National Audit...

Heathrow Airport, one of the world's busiest air hubs, is set for major disruption as almost 800 workers plan to strike between 7 and 13 May. The strike is in...

The cost of living crisis that has plagued millions of households since the end of 2021 appears to be easing, as data shows that UK grocery price inflation fell to...

UK train operators are headed for turmoil as a long-running pay dispute has turned into a series of strikes. This latest development, announced by the ASLEF union, sees train drivers...

Thames Water is considering raising bills by up to £627 per year to restore its leaking network after committing to invest up to £3 billion extra over the next five...

The governor of the Bank of England has indicated that the UK is still on track for an interest rate cut, as official numbers show a further slowing in the...

When payday is due, millions of Universal Credit recipients will be pleasantly surprised to see an extra £470 in their pockets. This windfall follows closely on the heels of April's...

According to data released on Tuesday, the UK job market lost a little more of its inflationary heat, which gave the Bank of England some respite. However, persistent underlying issues...

According to a Resolution Foundation analysis, a single parent who rents and works 30 hours per week at the national living wage will be roughly £3,800 better off in 2024–25...

In accordance with the government's commitment to the Triple Guarantee, April's increase in the state pension should provide people aged 65 and over with a boost to their income. New...

According to the Office for National Statistics, the UK economy saw a 0.1% increase in Gross Domestic Product (GDP) in February of this year, following a 0.3% rise in January....

Nearly half a million teachers in England and Wales could see a significant boost to their retirement income as a result of a little-known loophole. Often overlooked, this financial trick...

The cost of maintaining 'Gold-Plated' public sector pensions will be shouldered by taxpayers to the tune of an extra £2.5 billion, following the granting of one of the biggest pay...

April 6 represented an important turning point for 29 million British citizens, as a record reduction in National Insurance Tax Cut came into effect. This transformational event is the result...

Halifax, a leading UK lender, reported that UK housing prices fell in March for the first time in six months, which surprised analysts and added to the indications of irregularity...

The National Insurance cut which has been a lifeline for many is expected to come into effect this week, promising more disposable income for millions of hard-working people in the...

According to Nationwide building society, UK house prices dropped for the first time in three months as high mortgages continue to impact the market. UK House Prices Dip for First...

Millions of UK workers could see a boost in their bank accounts starting April 7, as the UK's lowest-paid workers receive a salary increase, resulting in an additional £160 for...

Bank of England Governor Andrew Bailey has indicated that further interest rate cuts are probable this year, given the encouraging signs that inflation is approaching the Bank's target. Interest Rate...

Policymakers at the Bank of England kept interest rates on hold at 5.25% for the fifth consecutive time, despite a fall in inflation. The Bank of England Keeps Interest Rates...

In downtown Quezon City, a flourishing crypto gaming internet café brings together a community with a common vision (to make money). Joniel Bon's business, a leading figure in the crypto...

House asking prices have surged by more than £5000 in March as the mortgage market recovery uplifts sellers' confidence in property values. House Asking Prices Surge, but Buyers are Still...

The British public's estimates for the rate of inflation over the next year have declined in the previous three months, according to a Bank of England survey released on Friday,...

The UK has long been an attractive destination for most international students seeking a visa to study abroad. With its prestigious universities and global reputation, Britain's higher education system has...

As school holidays approach, HMRC is urging working parents to check if they qualify for Tax-free childcare benefits. Families Urged to Sign Up for Tax-Free Childcare Before Easter Break With...

New UK visa laws are now in effect, aiming to limit care workers from bringing their relatives, while caregivers who are sponsoring migrants are asked to register.  New UK Visa...

Job vacancies in the UK have dropped to their lowest in three years as recruiters delay or suspend their hiring processes. A situation that considerably impacts the country's economy, already...