Why You Might Not Have To Go Back To The Office September 5, 2022 For many office workers, the pandemic proved to be particularly transformative in terms of the way they conducted their working lives. Very suddenly, it became not only possible, but mandatory, for a lot of jobs to be done remotely. For some employees who may have previously been asking for more remote work accommodations and being [...]
Sigh of relief as energy price cap forecasts drop by more than £2,000 in just a week September 4, 2022 The forecasts for next year’s energy price caps have once again dropped as gas prices fell this week. Auxilione, a consultancy that updates its predictions daily, reduced its price cap forecast for April next year by £23 – the third drop in a row. The forecast for April’s cap is now £5,539 per year for [...]
Saturday Read: Cash-strapped home owners turn their properties into personal cash machine September 3, 2022 The amount of wealth being released through equity release could pass £6.5bn by 2025 after more than a decade of increasing popularity and growth. Overall, in the ten years following 2011, the amount of property wealth being freed up through equity release increased by 508 per cent, reaching the 2021 total of £4.8bn. Back in [...]
Klarna losses more than triple as costs soar August 31, 2022 Losses at buy-now pay-later giant Klarna more than tripled in the first six months of the year as the Swedish fintech was hit by soaring employee costs and rising credit losses as it ramped up its expansion in the US.
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Brits scramble to borrow more than £100bn with average loan hitting £5k as cost of living crisis deepens August 31, 2022 Brits will borrow £101.1b on new credit cards, loans, overdrafts and other forms of new credit arrangements in the next 12 months, new data shows today, Research undertaken by YouGov on behalf of financial services review platform Smart Money People, found that 71 per cent of people currently have less disposable income than they would [...]
Tight labour market is main threat to UK firms, business chiefs warn August 30, 2022 A tight labour market is threatening to choke off growth in UK firms this year as bosses struggle to attract and retain staff, a new survey has revealed.
Half of Brits not received a pay rise in over a year despite inflation skyrocketing August 30, 2022 Nearly half of all UK workers have been waiting more than 12 months for a pay rise, as inflation hits 10.1 per cent. As the cost of living crisis puts pressure on household finances, research from Aspire – a recruitment agency – has found that 32 per cent of workers will look to change roles in the [...]
