Dealing with the debt conundrum August 20, 2019 Debt remains a word shrouded with negative connotations. And despite how commonplace it is, people are still strangely reluctant to talk about it openly. In reality, debt should not be seen as a bad thing. It is a vital financial instrument for enabling people to achieve major life goals and lead the lifestyles they want. [...]
Theresa May told to change path on Brexit by industry and union leaders March 21, 2019 Theresa May has been told to find a new approach to Brexit by the Trades Union Congress (TUC) and the Confederation of British Industry (CBI), who have warned the shock of no deal to the economy “would be felt by generations to come”. A new Brexit deal that must be struck that “protects workers, the [...]
Childcare costs in London are rising seven times faster than wages, according to Trades Union Congress October 20, 2017 Childcare costs have risen up to seven times faster than wages since 2008, according to new research. The average cost of childcare in England for parents of a one-year-old rose 48 per cent between 2008 and 2016, with a wage increase of only 12 per cent in cash terms over this time. London took the [...]
Household debt hits record high, above pre-crisis levels, top union warns January 7, 2019 The government is on thin ice if it expects household debt to help drive growth, a top trade union has warned, as data shows that Brits are more in debt than ever. Unsecured debt reached £15,385 per household in the third quarter of 2018, a 38 per cent increase since the before the financial crisis [...]
US Congress and White House agree ‘best deal ever’ to replace Nafta December 10, 2019 US President Donald Trump and Nancy Pelosi have agreed on a replacement for the North American Free Trade Agreement (Nafta) with Canada and Mexico. The Democratic Speaker of the House of Representatives gave her support for the USMCA this afternoon. Read more: US and Canada quash fears with last-minute deal to revamp Nafta In exchange [...]
Church of England will keep Amazon shares despite Archbishop criticism September 14, 2018 The Church of England will hold onto its Amazon stock even after the Archbishop of Canterbury accused the online retail behemoth of “leeching off the taxpayer”. Church commissioners disclosed that Amazon was one of the CoE’s 20 most valuable equity holdings in their annual 2017 report. But they will keep hold of their shares despite [...]
Church of England will keep Amazon shares despite Archbishop criticism September 14, 2018 The Church of England will hold onto its Amazon stock even after the Archbishop of Canterbury accused the online retail behemoth of “leeching off the taxpayer”. Church commissioners disclosed that Amazon was one of the CoE’s 20 most valuable equity holdings in their annual 2017 report. But they will keep hold of their shares despite [...]
Labour would make companies found employee share schemes September 9, 2018 Labour would make all private companies with more than 250 people set up “ownership funds”, giving workers financial stakes in their companies and a greater say in how they are run. Shadow chancellor John McDonnell revealed the plans in an interview with the Observer as Labour gears up for a general election which he predicted [...]
Kiss goodbye to the 9 to 5 November 29, 2018 More people than ever are moving away from the 9 to 5 in favour of jobs that allow flexible working. According to conference call firm Powwownow, 75 per cent of UK employees would rather take a job that gives them the option to choose their own work schedule. This is a staggering 70 per cent [...]
German factory slump: Is the European powerhouse heading for recession? December 6, 2019 Germany has reported a “disastrous” fall in factory production, sparking fears the country could be dragged back towards recession. New figures from Germany’s work ministry revealed industrial output slumped 1.7 per cent month-on-month in October, well below analysts’ expectations and the quarterly average. On an annual basis, the figures marked the biggest drop in factory [...]