UK unemployment rate falls to 5.8 per cent as wages rise again January 21, 2015 The UK’s unemployment rate has dropped again between September and November, falling from six per cent in the previous three months to 5.8 per cent. The news will further cheer the Conservative party, as it seeks to build an election campaign based on its economic record. There was more good news too: wages were up [...]
The Bonus Isa: Why we should make tax-efficient saving even more flexible January 20, 2015 Our ability to save varies considerably within a lifetime. When we can put money aside, the government plays a role in encouraging and influencing how we do it. The last five years have seen some notable increases in the generosity and flexibility of tax-efficient savings vehicles, but this can go much further. That is why [...]
David Cameron renews pledge to lead UK to full employment, but what is it? January 19, 2015 David Cameron has said that he and the Conservatives are committed to full employment in Britain. The UK, Cameron said, would be a "jobs factory," with benefit caps lowered and immigrants' access to welfare limited. To achieve this goal, Cameron pledged to help small businesses, saying: “we’re the party of the roofers and the retailers; [...]
Marketers’ wages reach £66,106 after bonuses soar 17 per cent January 18, 2015 The salaries of marketers rose again last year with the average pay including bonuses hitting £66,106 in 2014, a nine per cent increase and the largest since the recession. Bonuses rose 17 per cent to an average of £8,118, according to research from marketing recruiter EMR – and 28,540 more marketers were in full time [...]
Long-term policies more than falling oil prices are needed for sustainable wage growth business groups tell Cameron January 17, 2015 Long-term solutions rather than the short-term gains from falling oil prices are needed to boost wages, business groups have said. David Cameron urged businesses to pass on the benefits of falling oil prices to staff through higher wages on his visit to Washington yesterday. Business groups have responded saying lower oil prices are already creating [...]
Cameron tells business to pass on falling oil price benefits to staff through higher wages January 17, 2015 Businesses reaping the rewards of plummeting oil prices have been urged to pass on the savings to staff in the form of higher pay by David Cameron. Asked about the matter on a visit to Washington, the Prime Minister told reporters: "Obviously I want to see companies’ success passed through in terms of wage increases. [...]
Investment banking bonuses up this year but traders see pay slip January 14, 2015 Senior dealmakers at investment banks expect to see their bonuses rise by as much as £40,000 this awards season, according to data out today from Emolument.com. But equities bankers will see payouts stay flat, and fixed income, currencies and commodities traders will see pay dip. Junior origination and advisory staff expect average bonuses of £45,000 [...]
Harriet Green lost out on final bonus before Thomas Cook exit January 13, 2015 Former Thomas Cook chief executive Harriet Green saw her pay packet plummet by 73 per cent in her final year in the job after coming up short of her targets, it came to light yesterday. Before her high-profile exit from Thomas Cook in November, Green was unable to pick up her bonus for the 2014, [...]
Baker boss lands a big one in bonus sale January 13, 2015 TED BAKER founder Ray Kelvin has cashed in on £4.65m worth of company stock, given to him as a bonus for reaching targets, the company revealed yesterday. Shares in the fashion brand are narrowly higher than at this point one year ago.
After new City salaries rose by 18 per cent in 2014, will 2015 be another good year for pay? January 12, 2015 Hakan Enver is operations director at Morgan McKinley, says Yes Salaries and bonuses have risen at a rate that we have not seen since before the start of the financial crisis, with average increases for middle and back office staff over the past year standing at 18 per cent. We predict that, over the next [...]