Letters: A living wage up to scratch January 20, 2022 [Re: Inflation accelerates to 30-year high, yesterday] With this sharp rise of inflation, it’s even more concerning that wages are not matching the accelerating cost of living. Every worker deserves a living wage – to earn enough to support their family and meet their basic needs. A living wage is critical for supporting decent work [...]
‘Triple-whammy’ of inflation, energy bills and tax rises to eat into household budgets September 26, 2021 Incoming budget pressures over the next six months could squeeze the budgets of many Brits. In fact, a “triple-whammy” may leave low income families more than £1,000 worse off annually, according to a think tank. Inflation, rising energy bills and the looming health and social care tax could leave households worse off even after increases [...]
Mobile operator Three UK hikes staff wages considerably as it continues recruitment drive February 1, 2022 Mobile phone operator Three UK is planning to hike staff wages up to 12.6 per cent, as the country faces soaring prices for utilities and groceries. Some 2,500 retail staff will receive new minimum hourly rates set at £10.13 nationwide and £11.40 in London, excluding bonuses, the internet service provider said The pay hikes exceed [...]
£11.05 per hour in London: 300,000 Brits get pay rise following hike in real living wage November 15, 2021 The new hourly Real Living Wage rate will be £11.05 in London and £9.90 outside the capital from today, increases of 20p and 40p respectively, it was announced. As a result, more than 300,000 workers are set to receive a pay rise as higher rates were announced for the Real Living Wage, a voluntary rate [...]
Lidl to become UK’s highest-paying supermarket in £18m wage investment November 17, 2021 Lidl is set to become the UK’s highest-paying supermarket after it said it would invest £18m in wages. Entry-level wages are to increase £10.85 to £11.30 in London from March 2022 while new starters outside the capital will see wages hike from £9.50 to £10.10. Lidl colleagues are also to earn up to £12.25 in [...]
Calls grow to pause benefits sanctions until merciless cost-of-living crisis has calmed down July 14, 2022 Benefits sanctions should be paused by the UK government until the cost-of-living crisis has been resolved, Citizens Advice Scotland has said. Advice from the charity on sanctions to Universal Credit rose by 5 per cent in 2021-22, research published today indicated. With inflation rising and impacting on the cost of goods, Citizens Advice said a [...]
Money Spotlight: The reasons your real pay is dropping like never before June 19, 2022 Britons saw their basic pay fall at the fastest pace on record in April due to soaring prices. More pain is in store for UK households as inflation is set to hit further eye-watering peaks later this year. The Office for National Statistics (ONS) said yesterday that regular wages excluding bonuses plunged by 4.5 per [...]
Labour puts pressure on Sunak to ease household cost of living pressures in Budget October 26, 2021 Labour has put pressure on Rishi Sunak to do more to ease household cost of living pressures in the autumn Budget as MPs hit out at the Treasury for releasing large parts of tomorrow’s announcement early. Shadow chief secretary to the Treasury Bridget Phillipson today called on the government to cut VAT on energy bills [...]
P&O tells Government rehiring staff would lead to “financial collapse” March 29, 2022 P&O Ferries can’t rehire those 800 seafarers it sacked earlier this month without risking a “financial collapse”, its boss Peter Hebblethwaite said today. “The circumstances which led P&O Ferries to make the decision in the first place still apply,” Hebblethwaite told transport secretary Grant Shapps in a letter. “Complying with your request would deliberately cause [...]
Sunak cuts the Universal Credit taper rate to ease cost of living pressures October 27, 2021 Rishi Sunak has today cut the Universal Credit taper rate in a move that will put £2bn back into the pockets of the country’s lowest paid workers. Sunak announced in his Budget today that the taper rate will be slashed in December from 63 per cent to 55 per cent in a move that is [...]