Employers urged to stop asking jobseekers about their previous salary November 18, 2021 Employers are being urged to stop asking jobseekers about their previous salary amid concerns it is keeping women on lower wages and contributes to the gender pay gap. The Fawcett Society said asking about past salaries during recruitment was “pointless” because many people lied about what they previously earned. The campaign group warned that asking [...]
Brits’ median pay hikes remain at 2 per cent but wage freezes become a rarity November 18, 2021 Median pay rises have remained at 2 per cent in recent months, according to a new study. Pay analysts XpertHR said its research suggested that wage awards are at the same level as this time last year, confirming a period of stability. Wage freezes are becoming a rarity, according to the study of 33 recent [...]
Sterling at highest point against the Euro in 21 months November 17, 2021 The pound is at its highest rate against the euro for nearly two years after data revealed UK inflation is at its highest rate for a decade. Interest rates surged to 4.2 per cent in the year to October, more than double the central bank’s target of two percent and the highest level since December [...]
Exclusive: The pandemic showed the limitations of an online-only model, says retail guru November 17, 2021 A year of enforced change in buying habits where pretty much everything went online has reverted to ‘the new normal’. The Covid pandemic accelerated the shift to online; but is the future of retail really digital only? While in the short to medium term, there will remain some concerns over the logistics of browsing and [...]
Amazon confirms it will block UK Visa credit cards from 19 January November 17, 2021 Amazon will stop accepting payments made using Visa Inc credit cards issued in the United Kingdom starting next year.
Millions more Brits in debt as debt pile owed to HMRC balloons to £42bn November 17, 2021 Around 2.4m more taxpayers are in debt to HM Revenue and Customs (HMRC) as tax debt is at more than double its pre-pandemic levels, according to a spending watchdog. In fact, tax debt ballooned by £26bn between January 2020 and September of this year. Staffing levels at HMRC are unlikely to be enough to manage [...]
Has the Walkers crisp shortage left customers salty? November 17, 2021 Walkers hasn’t had the best couple of weeks. On October 28, it was widely reported that the Leicester-based snack brand was running out of crisps – and on November 11 its factory caught fire (thankfully, nobody was hurt). But has the recent potato paucity had any knock-on effects on Walkers’ brand? Data from YouGov BrandIndex [...]
Bear Grylls, Robbie Williams and Holly Willoughby join consumer guru Martin Lewis in fight against scam adverts November 17, 2021 Prime Minister Boris Johnson is urged this morning to include paid scam adverts in the upcoming Online Safety Bill. The call comes from a range of celebrities, including Robbie Williams (pictured above), Bear Grylls and Holly Willoughby, who have signed a joint letter led by Martin Lewis. The consumer guru has long campaigned against bogus [...]
Revealed: Amazon to open 260 supermarkets across UK as it plots to take on Tesco and Sainsbury’s directly November 17, 2021 Amazon has developed detailed plans to storm the UK supermarket sector as the e-commerce is planning to open hundreds of cashierless grocery stores across the country in the next three years. More than 260 Amazon-owned and run supermarkets are to be launched before the end of 2024, namely 60 in 2022, another 100 per year [...]
Post-Brexit payments space is ‘breeding ground for financial crime as Wild West culture’ looms, warns rising City star November 16, 2021 After the UK left the European Union, a range of payment providers reported so-called IBAN discrimination as a number of companies across Europe began to refuse Euro account bank details if they contained the country code ‘GB’. As a result of Brexit, sending a payment to Eurozone countries resulted in additional charges. Whilst the fee is [...]