Conservative party tees up a National Insurance tax cut in its election manifesto November 3, 2019 Boris Johnson is preparing to give a tax cut of up to £460 to the country’s lowest earners if victorious at next month’s general election. The Conservative party is reportedly planning on doing this by raising the wage threshold at which people start to pay National Insurance as a part of the Tories’ election manifesto. [...]
Asda gives hundreds of employees extra week to sign new contracts before facing sack November 2, 2019 Asda will give employees an extra week to sign new employment contracts before dismissing them with the original deadline set for today. The supermarket said workers who had yet to sign the new so-called Contract 6 would be given a seven-day “cooling-off period” to change their mind before losing their jobs. Read more: Asda rejects [...]
Number in low-paid jobs hits record low but wages suffer October 29, 2019 The proportion of people in low-paid jobs fell to its lowest level on record last year, official figures showed today, thanks in large part to a rising minimum wage. Read more: UK women earn £263,000 less than men over working lives Nonetheless, when adjusted for inflation median pay was almost three per cent lower than [...]
Asda rejects request to remove sack threat for thousands over compulsory contracts October 26, 2019 Asda has rejected a last-minute request from trade unions to remove the threat of dismal for thousands of staff if they fail to sign a compulsory contract by the end of next week. The GMB union has predicted that up to 12,000 of the more than 100,000 employee affected could lose their jobs because they [...]
UK happiness index: Brits grew happier before March Brexit deadline October 23, 2019 Britons became happier over the course of the year to March, new figures have shown today, but those in Northern Ireland grew sadder and more anxious as the original Brexit deadline approached. Read more: UK unemployment fall pushes earnings growth to 11-year high On mainland Britain, people’s happiness increased – according to the Office for [...]
Government borrowing jumps by a fifth in run up to Brexit October 22, 2019 UK public borrowing shot up by a fifth in the first six months of the financial year, figures have shown, as promises of extra spending spelled the end of Conservative debt reduction. Read more: Sajid Javid promises to increase national living wage to £10.50 The UK public sector had to borrow £9.4bn in September to [...]
Boris can talk a good pro-market game, but matching policies are yet to follow October 4, 2019 This government, unlike governments before it, is not afraid to announce its pro-market and pro-enterprise philosophy. Boris Johnson’s declaration of support for capitalism on stage at the Conservative party conference is not exactly the stuff of breaking news headlines. But while it may not be newsworthy, it is certainly noteworthy, as it represents a huge [...]
Sajid Javid: Why politics can learn from City meritocracy October 4, 2019 Sajid Javid retains a great affection for the City, describing it as a true meritocracy where all that really matters is how good you are at your job. Westminster, he adds, could learn a thing or two from the City’s efforts to promote and increase diversity. Read more: Sajid Javid pledges to raise National Living [...]
Tory conference 2019: These are the biggest news stories so far October 2, 2019 This article is updated regularly, please refresh the page for the latest Tory conference news. Welcome to our wrap up of all of the announcements coming out of the Conservative Party Conference 2019. The Prime Minister is currently making his big Tory conference speech. Boris Johnson gives Tory conference speech Boris Johnson has said that [...]
Sajid Javid confirms budget will take place later this year October 1, 2019 Sajid Javid has confirmed that a budget will take place later this year. The chancellor said there would be a budget in “due course” later in the year following on from last month’s one-year spending round, in which he announced an increase in funding for the NHS, education and the police. Read more: Sajid Javid [...]