Pay gulf widens between public and private sectors under Starmer
Dec 27, 2024 · Public sector workers now earn about 6 per cent more than their private sector counterparts — triple the gap seen at the start of this year — according to new analysis by the Resolution Foundation. The think tank’s research indicates that a series of generous wage settlements under Sir Keir ...
Lord Bamford's £300m family windfall from JCB raises questions …
Oct 25, 2024 · Billionaire Lord Bamford's family secures a £300m payout from JCB following a 44% profit surge, as Labour signals tax hikes for the wealthy. With budget discussions looming, concerns grow over potential capital gains and property tax changes in the UK.
TalkTalk to axe hundreds of jobs as broadband provider targets …
Dec 16, 2024 · TalkTalk will cut hundreds of roles as it seeks to strip out £120m in costs, offload non-core units, and boost automation. The restructuring follows an emergency bailout and aims to stabilise the debt-laden broadband provider’s finances.
Evri named UK's worst delivery service as nearly half report issues
Oct 28, 2024 · Evri has been rated the UK's worst delivery company for the second consecutive year, with 44% of customers reporting service issues, according to Ofcom’s latest review.
Bank of England poised for four or more rate cuts in 2025, say …
Jan 2, 2025 · The Bank of England is expected to cut interest rates at least four times this year, according to a new survey of 51 economists. The recent poll suggests the base rate could fall from its current 4.75 per cent to 3.75 per cent or lower in 2025, with a majority of respondents forecasting four quarter-point reductions to support the UK’s slowing economic growth.
UK car finance industry faces major disruption as lenders halt deals ...
Oct 30, 2024 · The UK car finance industry faces turmoil after a landmark court ruling on commission disclosure. Major lenders pause credit services, raising fears of significant market disruption and possible financial fallout for banks.
Building a Budget Gaming PC in 2025: The Ultimate Guide for UK …
Dec 20, 2024 · Barclays considers cutting fixed pay and boosting bonuses for CEO CS Venkatakrishnan, potentially lifting his maximum compensation to more than £14m.
Reeves defends £4,400 heating claim for second home amid …
Sep 11, 2024 · Chancellor Rachel Reeves has faced criticism after justifying her decision to claim £4,400 in taxpayer-funded expenses for heating her second home, a day after MPs voted to scrap winter fuel payments of up to £300 for millions of pensioners.
Homebase lives on as CDS revives DIY chain within newly branded …
Dec 24, 2024 · Homebase is set to return in a slimmed-down format after the DIY chain’s collapse last month, with its new owner CDS confirming plans to reopen 70 former stores under the Range Superstores banner. Each outlet will preserve the Homebase name in garden centre sections, and some will also incorporate ...
How Tony Bloom Went from Crunching Numbers to Making Billions
Sep 24, 2024 · Although he’s now best known for his work as owner of Brighton & Hove Albion, as well as holding a fearsome reputation in the world of poker, Tony Bloom’s foundation on the way to billionaire status was with an SME he founded in a unique space.