Londoners owed £40m in council tax refunds July 3, 2022 London households are owed £40m in council tax refunds, new research yesterday revealed. An investigation by Moneysavingexpert.com showed that 862,027 households in England, Scotland and Wales were due a refund in overpaid council tax. With claims worth a total of £150.2m, households that have overpaid their council tax are owed an average of £174 each. [...]
Maternity coaching is a win-win for both employer and employee, argues City pundit July 3, 2022 Despite decades of reform, and an even longer period of campaigning, the City and Britain’s wider business community are increasingly recognising that gender inequalities persist in the workplace. While the inequalities might not be as obvious as they were in the past, when blatant discrimination was both legal and, to a degree, expected, things like [...]
Internet jobs for less than £4 per hour: How ‘microwork’ is exploiting thousands of Brits July 2, 2022 An emerging form of internet working, dubbed ‘microwork’, is exploiting thousands of UK workers who in many cases are earning less than £4 an hour. ‘Microwork’ is a form of work on digital platforms in which short tasks are assigned to workers who are paid piece wages for completing them. This can consist of coding data to [...]
If money was no object: The City is by far Londoners’ most desirable borough July 2, 2022 One in five Londoners would want to live in the City, with the figure rising to 28% among those aged 18-34, according to new research shared exclusively with City A.M. today. The Square Mile is closely followed by Kensington and Chelsea, with 18 per cent of Londoners choosing the leafy and exclusive borough as their [...]
Confirmed: Thousands of post Office collection and cash delivery workers to strike on 14 July July 1, 2022 Post Office collection and cash delivery workers are to stage a one-day strike later this month in a dispute over pay. Members of the Communication Workers Union (CWU) employed in supply chain and admin jobs will walk out on 14 July. The workers deliver cash, valuables and essential supplies to thousands of sub-post offices, process [...]
UK business bosses most pessimistic since the start of the pandemic over inflation and Brexit July 1, 2022 Business chiefs in the UK are at their most disheartened since the early days of the Covid pandemic. Soaring inflation and Brexit pains have crippled confidence on economic outlook with consumer confidence at a historic low. The Directors’ Economic Confidence Index by the Institute of Directors, a measure of economic confidence of over 400 business [...]
Barclays fights cost of living crisis with £1,200 pay rise for 35,000 employees June 30, 2022 Barclays is giving 35,000 of its UK-based staff a £1,200 pay rise to tackle the cost of living. The banking giant will provide this salary increase to customer-facing, branch, and junior support workers from 1 August. “Barclays will continue to monitor the economic situation globally and consider our approach to pay in each country in [...]
City of London elections: Biggs wants to bring the City back to life June 30, 2022 As the City of London prepares for elections, one candidate wants to reinvigorate the Square Mile. Nigel Biggs is one of five hopefuls in the Walbrook Ward for the forthcoming 7 July vote in the City of London, a municipality which has been functioning since at least 1032. With people spending more time working from [...]
Scammers make off with £1.3bn amid surge in sophisticated fraud June 29, 2022 Scammers made off with over £1.3bn last year after a surge in sophisticated fraud schemes targeting UK bank customers, new data has revealed. Around £730.4m was taken via unauthorised fraud schemes, in which the holder does not provide authorisation, but authorised push payment (APP) fraud rose significantly to £583.2m losses, a new report by industry [...]
Three in four Brits need to take action to make ends meet as merciless cost of living crisis matures June 29, 2022 Four out of five Brits are concerned about making ends meet as living costs surge and three-quarters need to take action to cope with the financial pressures, a new report has found. Over a third (35 per cent) plan to cut back on non-essential leisure and holiday spending, according to the Scottish Widows data, while [...]