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Tag: wages

EMPLOYEES, businesses and the self-employed will pay an extra 1.25p in the pound. The government says it will spend it on health and social care. Opposition MPs said it exacerbated cost of living pressures, but mitigation will be introduced in July. Experts are urging people to check their status as...
Employees who work for UK firms forced to shut by law because of coronavirus restrictions are to get two-thirds of their wages paid for by the government. The scheme will begin on 1 November and run for six months, Chancellor Rishi Sunak said it would be a safety net for...
ARSENAL midfielder Mesut Ozil has offered to pay the salary of Jerry Quy, the man who plays the role of club mascot Gunnersaurus. On Monday it was revealed that Quy, who has been part of the matchday experience at Arsenal for 27 years, was one of 55 redundancies. “I was so...
THE government is now paying the wages for nearly a quarter of UK jobs under a programme aimed at helping people put on leave due to the virus pandemic. About 2.5 million people registered last week for the scheme, bringing the total claims to 6.3 million – 23% of the...
Wage growth in the UK accelerated to 3.6% in the year to May 2019, the highest rate since 2008, according to Office for National Statistics figures. Wages have been outpacing inflation since March 2018. A record high of 32.75 million people was in employment up to the end of May, while...
COUNCILS across the UK have been facing hard cut to funding from government, this has lead to a number of cuts to services. With hard cuts and tough decisions being made to public sectors services, data published by The TaxPayers’ Alliance shows that top earners in councils have seen their...
A decade after the financial crisis and the effects are still being felt on people’s finances. Workers are £800 poorer than 10 years ago. The substantial impact of the financial crisis has also left people’s wages 3% below what they were 10 years ago, new research reveals. Analysis carried out...
WAGE growth surprisingly dropped to 2.8% from 2.9% within the last three months since April, although unemployment decreasing by 38,000 to 1.42 million, official figures illustrate. Economists had predicted wage growth to continue steady at 2.9%. The declaration is possible to dampen assumptions of an interest rate increase in August....