Belgium formally introduces four day week and creates right for employees to ignore bosses after hours February 16, 2022 The government of Belgium is moving ahead with plans to formally introduce a four day week in the country. Under a series of labour market reforms, announced yesterday, works in Belgium will soon be allowed to opt for a shorter work week or more flexible schedules. Moreover, the proposals create a right for Belgians to [...]
Wales to roll out world’s most generous basic income scheme with guaranteed income of £1,600 per month February 16, 2022 Wales is to introduce what is believed to be the most generous basic income scheme ever trialled in the world. Ministers want to use the scheme to assess the impact receiving a basic income has on young people as they leave care, particularly those from disadvantaged backgrounds. All young people leaving care who turn 18 [...]
Kremlin-linked Russian money laundered in London: UK should ‘get its house in order on dirty Russian cash’ February 16, 2022 Boris Johnson’s government needs to “get its house in order” if it is serious about tackling “dirty money” from Russia coming into the UK, Keir Starmer has said. The Labour leader also called for the Government to “go now and go hard” with sanctions against Russia, as he said the Prime Minister should return all [...]
Less time but no pay cut: Wales looking to introduce four day work week February 15, 2022 The Welsh government is mulling to embrace a four day work week for most employees across the British nation. According to Sophie Howe, who is Wales’ future generations commissioner, a shorter work week at full pay would lead to a healthier work-life balance and give productivity a boost, as well as creating 38,000 new jobs [...]
Workers in these sectors could be owed thousands from HMRC as cost of living set to spiral February 15, 2022 With the cost of living set to spiral, research by tax refund experts, accountants have told City A.M. this morning many UK workers are unaware of the thousands of pounds they could be owed via a tax refund, particularly those working within construction, security, in offshore oil and gas or within the armed forces. It’s shaping [...]
Metro Bank CFO quits as full year results loom February 15, 2022 The chief financial officer for Metro Bank has quit with the company's preliminary financial results expected as soon as next week.
Plus500 launches share buyback as profits fall by a third February 15, 2022 Plus500 has launched a share buyback programme despite profits slipping by more than a third in the 2021 financial year.
Number of Brits on payrolls accelerates as close to 30m are in employment February 15, 2022 The UK job market continued its recovery as the number of payrolled workers jumped last month but wages have continued to lag behind soaring inflation, according to official figures. The Office for National Statistics said this morning that the number of UK workers on payrolls rose by 108,000 between December and January to 29.5m. The [...]
Meet the hackers helping people recover lost crypto assets February 15, 2022 Would you trust hackers you met over the internet to break into your crypto account and recover lost funds?
Valentine’s day: Money can buy love as one in three Brits break up when partner goes broke February 14, 2022 They say you can’t put a price on love, but a new study would seem to suggest otherwise, with one in four Brits saying that financial responsibility is the most attractive trait in a partner, above looks or personality. According to new research conducted by digital wealth manager, Moneyfarm, 42 per cent of the UK [...]