China Has 8.3M People Who Can't Repay Their Debts: Here Are The Shocking Ways They Are Punished
Blacklisted debtors in China may feel trapped in the system as the government can hold their salary to recoup the money they owe.
London Rent To Increase 13% in Next 3 Years; Officials Want Better Protection of Renters
Rent rises are set to grow by a further 13 per cent despite having increased at the fastest rate recorded in the past two years
London Man Pays $62 Monthly To Live In A Refurbished Dumpster To Avoid High Rent
This London architect started living in a rented dumpster to express his living conditions through art and reduce monthly living costs to extremely low levels.
NYC Resto Employs Filipinos Via Zoom to Take Your Orders And Ask For 18% Tip
NYC restaurants use video screens with Filipino remote workers to greet and take orders, but secrecy and pay concerns arise.
Woman Allegedly Rejected for VP Role In Tech Company For Not Wearing Make-up During Interview
A woman sparked a debate on social media after she was told that she didn't "put enough effort" into her appearance for a job interview.
Tesco Staff Still Paid Lower Than Minimum Wage As Supermarket Struggles
Store employees at Tesco will only receive their new hourly pay of £12.02 from 28th April, despite the National Living Wage going up to £11.44 on 1st April.
Study: Adding Smiley Faces on Bills Can Boost Server Tips by 11%
The research found that the tip average at restaurants increased to just over 25 percent thanks to the inclusion of smiley face emojis.
The UK Hospitality Sector Is On The Brink Of Financial Collapse
Managers of hospitality businesses in the UK are calling on the government to recognise how the soaring energy and food prices have impacted the hospitable sector.
UK Wage Growth Continues To Slow And Threaten Labour Market
The Office For National Statistics reports that the annual rate of growth in earnings, including annual bonuses, has slowed to 6.5 per cent.
UK Government Considers Separating Pay Structure for NHS Nurses
"A call for evidence" has been launched to understand if Agenda for Change contracts are preventing NHS nurses in their career development and if a separate pay structure for the UK nursing staff will work.
Doctors In England Defend Starting Longest Strike In NHS History
Junior doctors in England on Wednesday defended a decision to start their longest consecutive strike in the seven-decade history of Britain's National Health Service (NHS).
The 2024 Forecast for Retail Industry: 'It is going to get worse'
Projections released by Think Tank suggest that consumers are likely to maintain a cautious approach to spending in the initial months of 2024.
IKEA Invests £35 Million in UK Co-workers' Financial Wellbeing Amidst Market Challenges
The retail giant plans to achieve this by implementing a series of measures, including pay increases aligned with the true cost of living and year-end bonuses tied to the company's FY23 performance.
Employing Young People Could Save The Hospitality Sector From A Staffing Crisis
After Brexit, around 92,000 EU workers left the hospitality sector to return to their home country, leaving hospitality leaders pushing vacancies onto young people.
UK Unveils Voter-friendly Budget With Election On Horizon
Britain's Conservative government launched plans Wednesday to stimulate growth and woo voters for the next general election, delivering a massive tax-cut sweetener for workers but also forecasting sharply lower growth and stubbornly high inflation.
Government Issue Huge Pay Increase As A Step Towards Ending Poverty In The UK
The National Living Wage will increase in 2024 to end low hourly pay for full-time workers and those hit hard by the cost of living crisis across the UK.
Hospitality Workers Are Increasingly Optimistic Despite The Negative Impacts Of Brexit
The Business Confidence Survey reveals that hospitality leaders in Britain are becoming increasingly optimistic despite the challenge of Brexit business rates and inflation.
MPs Push For School Curriculum To Include Compulsory Financial Education
MPs have launched an inquiry that sets out to teach all students – aged 11 to 16 – about money management amid the cost of living crisis.
Inflation, Higher Rates Hit Eurozone Growth Outlook
The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on consumers and businesses.
UK Inflation Falls Sharply, Relieving Pressure On PM Sunak
UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak.
Cumbria Is Fighting Staffing Crisis In Hospitality And Tourism Sector With Over 200,000 Unemployed
While 80 per cent of Cumbria's population said that they did not want a job, MPs and CEOs are fighting to save its hospitality and tourism sector from crashing.
UK Inflation Plunges to Lowest Figure in 2023 At 4.6% as Sunak on Track to Meet Annual Target
In September, inflation stood at 6.7 per cent, as many people across the UK continue to struggle with the cost-of-living crisis.
UK Ministers Urged to Expand Financial Support for Cost of Living Crisis
With the cost of household gas and electricity remaining notably elevated, the cost of living crisis continues to plague Britons.
Real Madrid Willing To Pay £70 Million For Liverpool Vice-Captain Trent Alexander-Arnold
Alexander-Arnold made his Liverpool senior debut back in 2016.
Food Inflation Expected to Subside by Easter, Amidst Global Economic Stability
This optimistic forecast comes from George Weston, the CEO of Associated British Foods (ABF), a conglomerate that oversees brands like Kingsmill Bread, Twinings Tea and Silver Spoon Sugar, along with the Primark budget clothing chain.
Bank of England Holds Interest Rates At 5.25% for Second Time
Nine members of the Monetary Policy Committee (MPC) voted 6-3 in favour of maintaining the current rate, in a move that was widely anticipated.
What Does A 10% Rise In The Real Living Wage Mean For Struggling Low-Paid Workers?
A 10 per cent rise in the real living wage will be a "lifeline" for 460,000 workers struggling with low pay but minority ethnic workers are still disproportionately paid the lowest wages.
UK Workers to Receive Pay Boost with New Real Living Wage
Approximately half a million employees employed by companies committed to the voluntary Real Living Wage are poised to experience a substantial increase in their earnings, bringing their minimum hourly wage to at least £12.
Starmer mocks Tories at PMQs over by-election losses – but faces growing pressure over Israel stance
Sir Keir has faced criticism since appearing to say Israel had the "right" to cut off water and energy to Gaza.
UK Businesses 'Stuck in Reverse' in October, According to Recent Survey
The figures are worrying reading, as the Bank of England (BoE) prepares for its latest interest rate decision next week.